NOT LISTED FOR SALE

8727 Thomas Dr Unit A14 Panama City, FL 32408

Estimated Value: $595,000 - $659,000

4 Beds
3 Baths
1,750 Sq Ft
$839/mo HOA Fee

Last Sold July 11, 2024

Last sale price $625,000 $357 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,787/month

119 Days on Market

Highlights

  • Deeded access to the beach
  • In Ground Pool
  • Gulf View
  • J.R. Arnold High School Rated A-
  • Fishing
  • Gated Community

About This Home

As of July 2024

Welcome to Sugar Beach Unit A14, your Gulf-view haven that blends coastal allure with modern luxury. This 1,750 sq/ft gem offers four bedrooms and three full baths. The unit is meticulously remodeled and boasts custom ceilings, pristine marble, and wood-look tile floors. The three full bathrooms feature exquisite tiled showers, each providing a spa-like retreat. The open floor plan seamlessly blends the living, dining, and kitchen areas to create a spacious, inviting atmosphere. The kitchen is a chef's dream, boasting new cabinets, quartz countertops, and top-of-the-line stainless steel appliances. Beyond interior elegance, the entire complex has undergone a comprehensive restoration, featuring fresh exterior painting, new sliding doors and windows, and updated balcony coatings and railings, ensuring a modern and pristine aesthetic throughout.

Sugar Beach is a gated community, ensuring security and abundant recreational amenities. Enjoy direct beach access, a community pool, and sports like tennis or pickleball. Explore lush grounds with a koi and turtle pond, a serene escape. Nearby entertainment and restaurants offer endless exploration.

Fully furnished and turn-key ready, this condo is an exceptional opportunity for investors and those seeking a beachfront lifestyle. With excellent income potential, it's a dream for both. Take advantage of experiencing coastal living at its finest.

Last Agent to Sell the Property

Roger Bradley

Compass License #3480544 Listed on: 02/15/2024

Compass

Last Buyer's Agent

Juan Pastrana

LPT Realty LLC License #3315470

LPT Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,576

Year Built

  • Built in 1974

HOA Fees

  • $839 Monthly HOA Fees

Home Design

  • Metal Roof
  • Concrete Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Gulf Views

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Induction Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30189-015-000

Community Details

Overview

  • Association fees include accounting, ground keeping, land recreation, master, recreational faclty, sewer, water, cable TV, trash
  • Sugar Beach Condo Subdivision

Amenities

  • Picnic Area
  • Game Room
  • Recreation Room

Recreation

  • Tennis Courts
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,576

Year Built

Built in 1974

Lot Details

0

HOA Fees

$839 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Sugar Beach Condo
  • Directions: From South Thomas Dr go east on Thomas Dr, turn right on Joan Ave. Gated entrance to Sugar Beach will be on the right. Once in the complex, turn left and A14 is just up on the right.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1974
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Smooth Stovetop Rnge, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Floor Marble, Floor Tile
  • Interior Amenities: Ceiling Crwn Molding, Ceiling Tray/Cofferd, Lighting Recessed, Owner's Closet, Pantry, Washer/Dryer Hookup
  • Stories: 3
  • Window Features: Skylight(s), Window Treatment All
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling TrayCofferd: Yes
  • Interior:Floor Marble: Yes
  • Interior:Skylight(s): Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • View: Gulf
  • Construction Type: Concrete
  • Exterior Features: Balcony, BBQ Pit/Grill, Tennis Court
  • Property Condition: Renovated, Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Roof Metal: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Pickle Ball, Community Room, Deed Access, Fishing, Game Room, Gated Community, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable
  • Association #2 Fee: 2515.81
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Ground Keeping, Land Recreation, Master Association, Recreational Faclty, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 30189-015-000

Tax Info

  • Tax Annual Amount: 6576.0
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2024
Closed on
Jul 11, 2024
Sold by
Goray Ranjit and Goray Mitali
Bought by
White Sands Beach Rental
Seller's Agent
Roger Bradley
Compass
Buyer's Agent
Juan Pastrana
LPT Realty LLC
List Price
$689,950
Sold Price
$625,000
Premium/Discount to List
-$64,950
-9.41%
Views
73
Current Estimated Value
$628,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,828
Avg. Annual Appreciation
0.12%

Purchase Details

Closed on
Feb 23, 2023
Sold by
Isenberg Billy Mark
Bought by
Goray Ranjit and Goray Mitali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.33%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2022
Closed on
Aug 30, 2022
Sold by
Gilreath Mary K
Bought by
Isenberg Billy Mark
Seller's Agent
Garrett Aune
Beachy Beach Real Estate
Buyer's Agent
Garrett Aune
Beachy Beach Real Estate
List Price
$670,000
Sold Price
$640,000
Premium/Discount to List
-$30,000
-4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.73%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
White Sands Beach Rental $625,000 Florida Title
Goray Ranjit $660,000 Defender Title & Escrow
Isenberg Billy Mark $640,000 Defender Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goray Ranjit $528,000
Previous Owner Gilreath Mary $306,000
Previous Owner Gilreath Robert E $206,000
Previous Owner Gilreath Robert E $114,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $625,000 -6.0% $357 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
04/06/2024 04/06/24 Price Changed $665,000 -3.6% $380 / Sq Ft
02/15/2024 02/15/24 For Sale $689,950 +7.8% $394 / Sq Ft
08/30/2022 08/30/22 Sold $640,000 -4.5% $366 / Sq Ft
08/13/2022 08/13/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $670,000 -- $383 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,576 $527,780 -- $527,780
2023 $6,576 $534,185 $0 $534,185
2022 $3,236 $205,700 $0 $0
2021 $2,417 $187,000 $0 $187,000
2020 $2,338 $187,000 $0 $187,000
2019 $2,031 $158,950 $0 $158,950
2018 $2,668 $213,414 $0 $0
2017 $2,268 $194,013 $0 $0
2016 $2,052 $176,375 $0 $0
2015 $2,210 $181,016 $0 $0
2014 $2,009 $164,560 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 942387

Emerald Coast Association of REALTORS®

APN: 30189-015-000