$455,000

8727 Thomas Dr Unit B17 Panama City, FL 32408

Estimated payment $2,797/month

3 Beds
3 Baths
1,512 Sq Ft
$301 Price per Sq Ft

Highlights

  • Deeded access to the beach
  • Gated Community
  • Living Room
  • J.R. Arnold High School Rated A-
  • Balcony
  • Picnic Area

About This Home

The Investor's Trifecta!!! LOWEST OVERALL PRICE, LOWEST Sq/Ft PRICE, and some of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach! This is the ONLY condo in town that offers all 3! And when you consider that highly anticipated development is taking place on both sides of the complex - this truly is the right opportunity, in the right location, at the right price, at EXACTLY the right time!!! Let's look at the facts... Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: Most people come to PCB for the breathtaking Gulf views, and being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond. Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable... LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer. Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property. For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!! And did I mention that Tootsies is looking to open its very first beach bar just 2 doors down? How about the highly anticipated Margaritaville a few doors down the other direction?!? Yep... talk about KILLER location!!! AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It 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 you have true competitive advantage with this one. 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! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB! PRICE: Last but not CERTAINLY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! The average 3 bedroom in Sugar Beach brings in over $65k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 11% on a financed purchase - which is unheard of nowadays. Welcome Home!

Listing Agent

Garrett Aune

Beachy Beach Real Estate License #SL352911 Listed on: 11/28/2025

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1974

Interior Spaces

  • 3-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Sugar Beach Condo Subdivision

Additional Features

  • Picnic Area
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,828

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Subdivision Name: Sugar Beach Condo
  • Architectural Style: Low Rise
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 3
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
  • Stories: 3

Exterior Features

  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Amenities: Beach Rights, Gated, Barbecue, Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4828.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $4,520 $281,590 -- --
2023 $4,520 $461,536 $0 $461,536
2022 $3,075 $232,719 $0 $0
2021 $2,953 $211,563 $0 $0
2020 $2,473 $205,700 $0 $205,700
2019 $2,016 $158,950 $0 $158,950
2018 $2,407 $191,651 $0 $0
2017 $2,038 $174,228 $0 $0
2016 $1,849 $158,389 $0 $0
2015 $1,751 $143,990 $0 $0
2014 $1,685 $130,900 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/28/2025 11/28/25 For Sale $455,000 +225.0% $301 / Sq Ft
06/20/2022 06/20/22 Off Market $140,000 -- --
04/27/2012 04/27/12 Sold $140,000 -41.4% $93 / Sq Ft View Prior Sale
03/12/2012 03/12/12 Pending -- -- --
03/09/2011 03/09/11 For Sale $239,000 -- $158 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100 None Listed On Document
Warranty Deed $220,000 Mti Title Ins Agency Inc
Warranty Deed $140,000 Cornerstone Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $105,000 New Conventional
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 782160

Central Panhandle Association of REALTORS®

APN: 30189-035-000