NOT LISTED FOR SALE

8727 Thomas Dr Unit C19 Panama City, FL 32408

Estimated Value: $400,000 - $477,000

2 Beds
2 Baths
1,086 Sq Ft
$480/ mo HOA Fee

Last Sold January 07, 2022

Last sale price $356,000 $328 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,267/month

Highlights

  • Beach
  • Heated In Ground Pool
  • Main Floor Primary Bedroom
  • Property fronts gulf or ocean
  • Primary Bedroom Suite
  • Furnished

About This Home

As of January 2022

This Sugar Beach front condo is a 2BR/2BA first floor unit with a covered patio. The sellers added luxury vinyl plank flooring, repainted the interior, and there are all new bath fixtures and vanities. The AC and water heater were new in 2016. Enjoy the gulf view & breeze from the privacy of your own patio, or walk over to the pool which is just steps away and take a dip. Sugar Beach has beautiful grounds that include a large turtle pond with fountain, tennis courts, barbecue/picnic area and of course, hundreds of feet of dedicated beach! Sugar Beach is a very popular complex and would be a great investment. All info is approx. and must be verified by Buyers if important.

Last Agent to Sell the Property

John J Lavin Jr

The Beach Group Properties LLC License #3366317 Listed on: 01/09/2022

Last Buyer's Agent

John J Lavin Jr

The Beach Group Properties LLC License #3366317 Listed on: 01/09/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1974

Lot Details

  • 392

HOA Fees

  • $480 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 1,086 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Dining Room
  • Tile Flooring
  • Gulf Views

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Balcony
  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30189-055-000

Community Details

Overview

  • Association fees include accounting, advertising, internet service, legal, management, master, security, sewer, water
  • Sugar Beach Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Recreation Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,473

Year Built

Built in 1974

Lot Details

392 Sq Ft Lot

HOA Fees

$480 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Sugar Beach Condo
  • Directions: Sugar Beach is on the south side of Thomas Drive at the end of Joan Ave
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1974
  • Remarks Misc:Remarks: This Sugar Beach front condo is a 2BR/2BA first floor unit with a covered patio. The sellers added luxury vinyl plank flooring, repainted the interior, and there are all new bath fixtures and vanities. The AC and water heater were new in 2016. Enjoy the gulf view & breeze from the privacy of your own patio, or walk over to the pool which is just steps away and take a dip. Sugar Beach has beautiful grounds that include a large turtle pond with fountain, tennis courts, barbecue/picnic area and of course, hundreds of feet of dedicated beach! Sugar Beach is a very popular complex and would be a great investment. All info is approx. and must be verified by Buyers if important.
  • 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
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Rooms:Covered Porch: Yes
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Stove/Oven Electric, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, Floor Tile, Furnished - All, Split Bedroom, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Split Bedroom: Yes
  • Interior:Furnished - All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony, Pool - Heated, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - Heated: Yes
  • Exterior:Pool - In-Ground: 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, Public Sewer, Public Water

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Exercise Room, Pool, Tennis
  • Association #2 Fee: 1440.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Association/Amenities

  • Fees Include:Master Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Advertising, Internet Service, Legal, Management, Master Association, Security, Sewer, Water

Schools

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

Lot Info

  • Parcel #: 30189-055-000
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 2473.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Jonathan Arcay
Bought by
C19 Sugar Rush Trust
Current Estimated Value
$440,508

Purchase Details

Listed on
Jan 9, 2022
Closed on
Jan 7, 2022
Sold by
Goodman Robert S
Bought by
Arcay Jonathan
Seller's Agent
John J Lavin Jr
The Beach Group Properties LLC
Buyer's Agent
John J Lavin Jr
The Beach Group Properties LLC
List Price
$356,000
Sold Price
$356,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$267,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2018
Sold by
Holland Property Management Llc
Bought by
Oden Jamie A and Goodman Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 11, 2013
Sold by
Mckinney Family Partnership
Bought by
Holland Property Management Llc

Purchase Details

Closed on
Nov 18, 2011
Sold by
L & T Beach Properties Llc
Bought by
Mckinney Family Partnership

Purchase Details

Closed on
Aug 27, 2004
Sold by
Mckinney Family Partnership
Bought by
L & T Beach Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
C19 Sugar Rush Trust -- None Listed On Document
Arcay Jonathan $356,000 None Listed On Document
Oden Jamie A $230,000 Cornerstone Title Agency Inc
Holland Property Management Llc $146,000 None Available
Mckinney Family Partnership $10,200 None Available
L & T Beach Properties Llc $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arcay Jonathan $267,000
Previous Owner Oden Jamie A $190,000
Previous Owner L & T Beach Properties Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2022 01/09/22 For Sale $356,000 0.0% $328 / Sq Ft
01/07/2022 01/07/22 Sold $356,000 -- $328 / Sq Ft
11/23/2021 11/23/21 Pending -- -- --
Source: Emerald Coast Association of REALTORS®

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
2025 $5,940 $459,000 -- $459,000
2024 $5,832 $467,500 -- $467,500
2023 $5,832 $471,872 $0 $471,872
2022 $3,539 $295,375 $0 $295,375
2021 $2,893 $198,496 $0 $0
2020 $2,473 $215,050 $0 $215,050
2019 $2,108 $166,175 $0 $166,175
2018 $2,379 $164,046 $0 $0
2017 $1,858 $149,133 $0 $0
2016 $1,585 $135,575 $0 $0
2015 $1,634 $135,575 $0 $0
2014 $1,486 $123,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 888663

Emerald Coast Association of REALTORS®

APN: 30189-055-000

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