NOT LISTED FOR SALE

8727 Thomas Dr Unit A15 Panama City, FL 32408

Estimated Value: $547,032 - $696,000

4 Beds
3 Baths
1,750 Sq Ft
$709/mo HOA Fee

Last Sold September 28, 2022

Last sale price $560,000 $320 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,565/month

16 Days on Market

Highlights

  • Beach Front
  • Beach
  • Home fronts a pond
  • J.R. Arnold High School Rated A-
  • In Ground Pool
  • Gulf View

About This Home

As of September 2022

UNBELIEVABLE NEW PRICE!!! This is an investors DREAM! Lowest priced per sq/ft 4 bedroom/3 bath Gulf View Condo in the entire PCB area!!!

New luxury (LVP) flooring, new furniture in the dining and living room, new toilet fixtures, new hot water heater, and the entire unit is newly painted.

The sunset views from the 2nd and 3rd floor balconies are absolutely breathtaking. This amazing condo has been incredibly well cared for/maintained - and it shows the moment you walk in the door!

Being sold fully furnished, turnkey ready with bookings through August. With projected rental incomes of $80k+, make a great return on your investment starting day #1!!! Sugar Beach has everything you could ask for to ensure enormous rental income. It is one of the few remaining pet friendly vacation destinations in PCB - which is a HUGE amenity for renters (giving you a truly competitive advantage). Gated community, no elevators, park directly at your door, private gated beach access, pool, tennis, shuffleboard, grilling area, huge koi/turtle pond right out your back door, countless nearby restaurants/activities, and the list goes on!

Banks offer less than a 1% ROI, and stocks and crypto values have been declining. Enjoy a projected 12% annual ROI with this amazing investment opportunity!

Welcome home to Paradise!!!

*Low quarterly HOA Fees include water, trash, cable, exterior insurance, grounds keeping, 24 hour video surveillance, community amenities (pool, tennis court x 2, shuffleboard, Koi pond, community room/kitchen, ping pong), on site maintenance 8 hours daily, onsite property management Mon-Fri, and private gated beach access.

Last Agent to Sell the Property

Garrett Aune

Beachy Beach Real Estate License #3529211 Listed on: 08/10/2022

Beachy Beach Real Estate

Last Buyer's Agent

William Valentine

The Premier Property Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,417

Year Built

  • Built in 1974

Lot Details

  • Home fronts a pond
  • Beach Front
  • Property is Fully Fenced

HOA Fees

  • $709 Monthly HOA Fees

Property Views

  • Gulf
  • Pond

Home Design

  • Newly Painted Property
  • Flat Roof Shape
  • Flat Roof with Façade front
  • Concrete Siding

Interior Spaces

  • 1,750 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Pond
  • Balcony
  • Covered Patio or Porch
  • Built-In Barbecue

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 30189-016-000

Community Details

Overview

  • Association fees include ground keeping, insurance, sewer, telephone, water, cable TV, trash
  • 119 Buildings
  • 119 Units
  • Sugar Beach Condominiums Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room
  • Laundry Facilities

Recreation

  • Beach
  • Tennis Courts
  • Handball Court
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,417

Year Built

Built in 1974

Lot Details

0

HOA Fees

$709 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Sugar Beach Condominiums
  • Directions: Traveling East on Thomas Dr, turn right on Joan Avenue at the stoplight. The gated entrance to Sugar Beach will be immediately on the right. Enter the gate code at the keypad. Pull in to the complex and turn left. A15 will then immediately be on your 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
  • Waterfront:Shore - Beach: Yes
  • Waterfront:Pond: Yes
  • Waterview:Pond2: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 119
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Breakfast Bar, Floor Tile, Floor Vinyl, Furnished - All, Newly Painted, Owner's Closet, Washer/Dryer Hookup
  • Stories: 3
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Floor Vinyl: Yes
  • Appliances:Range Hood: Yes
  • Interior:Furnished - All: Yes
  • Interior:Newly Painted: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Pond, Gulf
  • Waterfront Features: Pond, Shore - Beach
  • Waterfront: Yes
  • Construction Type: Concrete, Roof Flat
  • Exterior Features: Balcony, BBQ Pit/Grill, Fenced Lot-All, Patio Covered, Pool - In-Ground, Porch, Porch Open, Shower, Tennis Court
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Porch: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Patio Covered: Yes
  • Exterior:Porch Open: Yes
  • Exterior:Shower: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:Tennis Court: Yes
  • ConstructionSiding:Roof Flat: Yes
  • Exterior:Fenced Lot-All: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Gated Community, Handball, Laundry, Pets Allowed, Pool, Tennis, TV Cable, Waterfront
  • Association #2 Fee: 2125.55
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Sewer, Telephone, Water, Cable TV, Trash

Schools

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

Lot Info

  • Parcel #: 30189-016-000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 119

Tax Info

  • Tax Annual Amount: 2417.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 27, 2022
Sold by
Rios Eric and Rios Shelly
Bought by
Tavara Dahana and Tavara Dahana
Seller's Agent
Garrett Aune
Beachy Beach Real Estate
Buyer's Agent
William Valentine
The Premier Property Group
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%
Current Estimated Value
$621,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,008
Avg. Annual Appreciation
3.23%
Original Mortgage
$420,000
Outstanding Balance
$403,593
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$211,608

Purchase Details

Closed on
Jan 25, 2022
Sold by
Landon Phillips Christopher
Bought by
Rios Eric and Rios Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2011
Sold by
Great Atlanta Land Company Llc
Bought by
Tyson Jody
Source: Public Records

Range of Values:

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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
Tavara Dahana $560,000 Defender Title & Escrow
Rios Eric $385,000 Diamond Title
Tyson Jody $160,000 Cornerstone Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavara Dahana $420,000
Previous Owner Rios Eric $346,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2022 09/28/22 Sold $560,000 -4.3% $320 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $585,000 -- $334 / 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

  • Garrett Aune

    Seller's Agent in 2022

    Garrett Aune

    Beachy Beach Real Estate

    (850) 588-8908

    55 in this area

    71 Total Sales

    Garrett Aune
    Section Image

  • W

    Buyer's Agent in 2022

    William Valentine

    The Premier Property Group

  • Rush Valentine

    Buyer's Agent in 2022

    Rush Valentine

    EXP Realty LLC

    (662) 769-2732

    9 in this area

    129 Total Sales

    Rush Valentine
    Section Image
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 905617

Emerald Coast Association of REALTORS®

APN: 30189-016-000

Florida Bay County Panama City 32408

8727 Thomas Dr Unit A15, Panama City, FL

This home is located at 8727 Thomas Dr Unit A15, Panama City, FL 32408 since 10 August 2022 and is currently estimated at $621,008, approximately $354 per square foot. This property was built in 1974. 8727 Thomas Dr Unit A15 is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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