Market Update for St.Thomas Square in Panama City Beach, Florida 12-1-15

Yesterday a one bedroom, one bathroom, 697 square foot unit located in the plaza sold for $86,000 cash. It was originally listed for $89,900. The condo was on the market for 82 days and under contract for 27 days. The kitchen had updated cabinets and stainless steel appliances. The bathroom had a new vanity and nice tiled shower. This unit was well furnished and decorated.

All plaza units are either one bedroom or efficiency units. They are located on the second and third floors. The main floor is comprised of retail/commercial businesses. There is Dentist, Mexican restaurant, coffee shop, hair salon, nail salon, and several other businesses.

New Listing

Unit 203 came onto the market this morning. It is a 1230 square foot, two bedroom, two bathroom waterfront condo with a Grand Lagoon view. It is being sold with no furnishings. The HOA fees are$1301 per quarter. It is offered at $134,900.

Arrange a personal showing of this unit by calling me at 850-329-5910 or email me at

More Properties For Sale

There are a total of six condos available for purchase in St. Thomas Square. Three are efficiencies ranging from 305-623 square feet, priced from $49,000-$87,000.

Likewise there are three villas available. They are all two bedroom units ranging from 846-1500 square feet that are waterfront to Grand Lagoon. However, they each have a different floorplan. Two are ground floor units while one is on the second floor and has an upstairs loft bedroom. They are offered between $134,900 and $165,000.

Make an appointment to see one or all today by calling me at 850-329-5910 or email me at