9450 S Thomas Drive 303C, Panama City, FL 32408

$549,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,152 Status: Active
Current Price: $549,000 List Date: 8/20/2025 Last Modified: 8/21/2026

Overview

Description

GREAT INVESTMENT PROPERTY THAT IS TURNKEY READY! Step into Boardwalk Unit 303, a beautifully maintained Gulf-front condo offering strong rental potential, exceptional guest reviews, and plenty of opportunity for owner enjoyment. This 2-bedroom, 2-bath retreat is situated on a desirable lower level, offering convenience, privacy, and incredible Gulf views. AirDNA projects annual rental revenue of approximately $49,500 at just 58% occupancy, with an average daily rate of $236, giving owners the flexibility to generate rental income while still enjoying the condo themselves. The current owners have done exactly that, using the property personally while maintaining impressive rental performance. Even better, this unit has earned 75 five-star reviews on VRBO, demonstrating its proven guest appeal and repeat-worthy experience. VRBO Listing #1201224 is available for reference. Beautifully appointed with Restoration Hardware furnishings, high-end blackout curtains, top-of-the-line mat

Listing Details MLS# 777888

Contract Info

List Price/SqFt
476.56

Location

Area
03 – Bay County – Beach
Street #
9450
Street Direction
S
Street Name
Thomas
Street Suffix
Drive
Unit #
303C
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Boardwalk Central
Community/Resort
None
Waterfront
Yes
Gulf Access
Yes
Parcel ID
34990-114-000
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
Travel West on Thomas Dr, Turn West on South Thomas Dr, Boardwalk is on the South side (Gulf Side)
Legal Description
BOARDWALK CENTRAL UNIT C 303 TYPE C ORB 2599 P 84 2BD/2BA ORB 4408 P 1497 1152 SQ FT

General Property Info

Sub-Type
Condominium
Floor Number
3
Design
High-Rise (8+ floors)
Apx SqFt(Htd/Cooled)
1152
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Accessory Dwelling Unit
No
Year Built
2005
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
0x0
Pool
Yes
Pool Type
Community

Listing Info, Tax and Legal

Homestead
No
HOA Fee
Yes
HOA Amount
3600.94
HOA Frequency
Quarterly
HOA Annual Amount
14403.76
New Buyer Fee
Yes
New Buyer Fee Amt
150
Last Taxes
6062
Last Tax Year
2024
Brokerage Interest
No Interest
As Is
Yes
Condo Doc
Yes

Remarks & Misc

Remarks
GREAT INVESTMENT PROPERTY THAT IS TURNKEY READY! Step into Boardwalk Unit 303, a beautifully maintained Gulf-front condo offering strong rental potential, exceptional guest reviews, and plenty of opportunity for owner enjoyment. This 2-bedroom, 2-bath retreat is situated on a desirable lower level, offering convenience, privacy, and incredible Gulf views. AirDNA projects annual rental revenue of approximately $49,500 at just 58% occupancy, with an average daily rate of $236, giving owners the flexibility to generate rental income while still enjoying the condo themselves. The current owners have done exactly that, using the property personally while maintaining impressive rental performance. Even better, this unit has earned 75 five-star reviews on VRBO, demonstrating its proven guest appeal and repeat-worthy experience. VRBO Listing #1201224 is available for reference. Beautifully appointed with Restoration Hardware furnishings, high-end blackout curtains, top-of-the-line mattresses, and luxurious bedding, this condo is truly turnkey and ready to rent from day one. From sunrise to sunset, enjoy unobstructed panoramic Gulf views from the private balcony. The open floor plan creates a bright and inviting living space, flowing seamlessly from the upgraded kitchen with granite countertops, stainless steel appliances, and breakfast bar into the Gulf-front living area. The Gulf-front primary suite features balcony access, a soaking tub, walk-in shower, double vanity, and large closet. The private second bedroom offers its own full bath, providing excellent privacy for guests. Additional features include in-unit laundry, crown molding, and elevated coastal design details throughout. Boardwalk Beach Resort remains one of PCB's premier Gulf-front destinations, offering a zero-entry Gulf-front pool, two hot tubs, splash pad, on-site bar and grill, sauna, convenience shop, 24-hour gated security, and covered garage parking. With expansive beach frontage and excellent walkability to restaurants, events, and attractions, the location continues to be a favorite among vacationers. With Tootsies open nearby, the area is positioned to offer even more dining, nightlife, and entertainment within easy reach. NOW OFFERED AT A NEW REDUCED PRICE, Boardwalk Unit 303 presents an outstanding opportunity for buyers looking for a turnkey investment property with projected rental income, a proven five-star guest history, and the flexibility to enjoy their own piece of the Gulf Coast.

Pool Features

Inground
Yes
Spa/ Hot Tub
Yes

More Information

Appliances

Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Microwave
Yes
Range – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Interior Features

Floor – Tile
Yes
Pantry
Yes
Window – Treatment All
Yes

Exterior

Balcony
Yes

Association Fees Include

Accounting
Yes
Beach
Yes
Ground Keeping
Yes
Insurance
Yes
Internet Service
Yes
Pest Control
Yes
Pool
Yes
Repairs/Maintenance
Yes
Security
Yes
Trash Disposal
Yes
TV Cable
Yes
Water
Yes
Whirlpool
Yes

Financing

Cash
Yes
Conventional
Yes

Furnished

Furnished
Yes

Living Room

First
Yes

Lot Features

Waterfront
Yes
Within 1/2 Mile to Water
Yes

Lot Access

City Street
Yes
Paved Road
Yes

Parking Features

Garage Attached
Yes
Parking Lot
Yes

Association Amenities

BBQ Pit/Grill
Yes
Beach
Yes
Community Room
Yes
Dumpster
Yes
Elevators
Yes
Playground
Yes
Pool
Yes
Sauna/Steam Room
Yes
Waterfront
Yes
Whirlpool
Yes
Dog Park
Yes

Rooms

Bedroom
Yes
Living Room
Yes
Primary Bedroom
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Gulf
Yes

Sale Type

As Is
Yes

Waterfront Type

Gulf
Yes

Primary Bedroom

First
Yes

Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Heating

Central
Yes

Primary Bdrm/Primary Bath

MBath Double Vanity
Yes
MBath Separate Shwr
Yes
MBath Tub – Soaking
Yes
MBed Balcony
Yes
MBed First Floor
Yes
MBed Waterfront
Yes

Security Features

24 Hour Security
Yes
Fire Alarm
Yes
Fire Sprinkler System
Yes
Security Gate
Yes
Security Guard
Yes
Security Lights
Yes
Smoke Detector(s)
Yes

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air Heating: Central Exterior: Balcony Association Fees Include: Accounting; Beach; TV Cable; Insurance; Internet Service; Ground Keeping; Repairs/Maintenance; Pest Control; Pool; Security; Whirlpool; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Living Room: First Lot Features: Waterfront; Within 1/2 Mile to Water Lot Access: City Street; Paved Road Pool Features: Inground; Spa/ Hot Tub Security Features: 24 Hour Security; Fire Alarm; Fire Sprinkler System; Security Gate; Security Guard; Security Lights; Smoke Detector(s) Parking Features: Garage Attached; Parking Lot Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dog Park; Dumpster; Elevators; Playground; Pool; Sauna/Steam Room; Whirlpool; Waterfront Rooms: Bedroom; Living Room; Primary Bedroom Sale Type: As Is Utilities: Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterview: Gulf

Room Information

Room Name Level Dimensions Length Width
Primary Bedroom First 15 x 14 15.00 14.00
Bedroom First 12 x 11 12.00 11.00
Living Room First 21 x 14 21.00 14.00
Listing Office: Watersound Real Estate
Last Updated: August – 21 – 2026
Information deemed reliable but not guaranteed.