$499,000

8727 Thomas Dr Unit B13 Panama City, FL 32408

Estimated payment $3,079/month

Total Views 618
3 Beds
3 Baths
1,512 Sq Ft
$330 Price per Sq Ft

Highlights

  • Lake Front
  • Beach
  • In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Gulf View

About This Home

LOWEST PRICED 3 bed / 3 bath condo on the ENTIRE BEACH!!!

Experienced investors are trained to ''love'' the number and simply ''like'' the property, but why not have both? This is by far the LOWEST PRICED comp in the entire town that is this close to the sand, and if pricing wasn't an instant attention grabber... it also has some of the lowest HOA fee's of all the comps!

Simply put, you will not find a 3 bedroom condo on the beach with views like this. Only a few feet from the sand, you can go from your incredible condo to the emerald green waters before folks in other communities can even catch an elevator! That's right... park directly at your door, and within seconds, find your toes in the sand and your soul soaking in the sun.

A key requirement for generating strong rentals is location, and the prime location is where this condo TRULY outshines all other competition.

For the kiddos, there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, souvenir shops, and the list goes on!

For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's! To make it even better, Tootsies will be opening their highly anticipated Beach Bar just 2 doors down - where big name band's will undoubtedly be brought back to the beach. No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!

Although the legendary action of Thomas Dr is right outside your front door, if it's peace and quiet you seek, you will lose yourself in the serenity of the lush and peaceful oasis of Sugar Beach. Offering one of the largest and most unique greenspaces in all of PCB, this incredible community offers ample room to stretch your legs while walking the well-manicured path around the pristine sprawling koi/turtle pond. You will not find another property in town that is directly on the beach - yet also offers such an incredible courtyard with a pool, tennis/pickleball courts, shuffleboard, a grilling area, a community clubhouse, a private gated beach access, and over 375 feet of incredible beach access!

Sugar Beach is one of the only pet friendly Gulf front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so when it comes to rentals, you find yourself with a true competitive advantage.

In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that!

This amazing unit has already been updated with over $50k in upgrades: All new hurricane doors and windows in 2024, newly remodeled bathrooms upstairs, new LVP and Tile flooring in most areas, custom woodwork in the living room and stairs, etc. It is turnkey and ready to go!!!

With many 3 bedroom units in Sugar Beach generating $60k+ annually in rentals... One look at the numbers, one look at the condo, and one look at the location - and you will become a firm believer. This condo genuinely has it all and will turn an incredible profit - while creating unforgettable lifetime memories for years to come.

Welcome to Paradise!!!

Listing Agent

Garrett Aune

Beachy Beach Real Estate License #SL352911 Listed on: 09/05/2025

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,036

Year Built

  • Built in 1974

Lot Details

  • Lake Front
  • Property fronts gulf or ocean
  • Landscaped

Property Views

  • Gulf
  • Lake

Home Design

  • Flat Roof Shape
  • HardiePlank Type
  • Stucco

Interior Spaces

  • Crown Molding
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Security Gate
  • Smart Thermostat

Parking

  • Electric Gate
  • Parking Lot

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Patio

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include clubhouse, cable TV, ground maintenance, pool(s), sewer, security, tennis courts, trash, water
  • Low-Rise Condominium
  • Sugar Beach Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Laundry Facilities

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Security Service
  • Gated Community
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,036

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Sugar Beach Condo
  • Architectural Style: Low Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Crown Molding, Interior Steps, Split Bedrooms, Skylights, Smart Thermostat, Window Treatments
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Flooring: Hardwood, Laminate, Tile
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows, Skylight(s), Storm Window(s)

Exterior Features

  • Pool Features: Fenced, In Ground, Community
  • View: Gulf, Lake
  • View: Yes
  • Waterfront Features: Gulf, Lake, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Block, HardiPlank Type, Concrete, Stucco
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Patio, Balcony
  • Roof: Flat

Garage/Parking

  • Parking Features: Electric Gate, Gated, Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, Trash Collection
  • Security Features: Gated Community, Security System, Security Gate, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Gated, Sidewalks
  • Amenities: Beach Rights, Beach Access, Gated, Barbecue, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Cable TV, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Landscaped, Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family, Resid Single Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5036.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $4,711 $318,835 -- --
2023 $4,711 $289,850 $0 $461,536
2022 $3,219 $263,500 $0 $263,500
2021 $3,160 $255,000 $0 $255,000
2020 $2,538 $205,700 $0 $205,700
2019 $2,016 $158,950 $0 $158,950
2018 $2,410 $192,405 $0 $0
2017 $2,059 $178,500 $0 $0
2016 $901 $111,748 $0 $0
2015 $925 $110,971 $0 $0
2014 $913 $110,090 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2025 09/05/25 For Sale $499,000 +66.3% $330 / Sq Ft
02/14/2020 02/14/20 Sold $300,000 0.0% $198 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
09/10/2019 09/10/19 For Sale $300,000 -- $198 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Mti Title Insurance Agcy Inc
Warranty Deed $215,000 Mti Title Ins
Warranty Deed $380,000 Lawyers Title Agency Of Nort
Warranty Deed $155,000 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $210,000 Purchase Money Mortgage
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 778654

Central Panhandle Association of REALTORS®

APN: 30189-031-000