$327,500

8727 Thomas Dr Unit C40 Panama City, FL 32408

Estimated payment $2,027/month

Total Views 383
2 Beds
2 Baths
1,086 Sq Ft
$302 Price per Sq Ft

Highlights

  • Beach
  • In Ground Pool
  • Gated Community
  • Deeded access to the beach
  • Electric Gate
  • Clubhouse

About This Home

Imagine cherishing something so much that you keep it in your family for almost 30 years. Such love is something seldom found in today's society, but this truly special condo has been blessed with seeing several generations of sandy feet, sun kissed shoulders, and lifelong memories created by the same caring family. From the moment you are welcomed inside, you can feel that this one is simply different than the rest. There is a sense of calm and tranquility that washes over you, and you know that you are in a special place where peace and happiness surround you with a warm embrace. This unique condo offers a airy coastal vibe, has incredibly spacious double master suites, partially updated private ensuites, and an open concept dining and living area full of unbelievable natural light and ocean breezes. Simply put, this condo has an aura about it unlike anything else you will find on the beach. Step onto your private back patio overlooking the most unique greenspace found anywhere this close to the sugar white sand. The acres of meticulously manicured grounds take you to a place far away from the daily stress of life. From the peaceful pond with fountains and playful Koi fish, to the turtles frequently caught sunbathing on the banks... you find yourself getting lost in the serene oasis that is Sugar Beach. With incredible pond views and a peekaboo gulf view from both the Master Bedroom and the patio, and being just a few steps to your own private beach, this condo truly offers everything you could ever imagine, and so much more! Convenience is everywhere you look. No elevators, park less than a few steps away from your door, and some of the best entertainment, music, activities, and dining are just outside of this peaceful community - perfectly situated on the Historic Thomas Drive! Park your car when you arrive to paradise, and never touch it again!!! If you are looking for the perfect place to call home, the Sugar Beach community is unlike anything you will find on the beach. This low-rise beach front complex has a true sense of ''family'' - where owners truly know one another and look after each other. From family potluck night, to Superbowl party's, to game night... the Clubhouse is a place where folks come together and create lasting lifelong friendships and memories. And if you are looking for an absolutely amazing investment opportunity, Sugar Beach has everything needed to give you a genuine competitive advantage for generating incredible rental revenue. This unique hidden gem is one of the only remaining pet friendly communities on the beach, which allows owners to bring in $10k-$20k more than neighboring condos. Location, amenities, and convenience... This incredible condo offers a true advantage over all the others, and has the potential to generate well over an 8% annual ROI - based on neighbors ACTUAL rentals, not projections! Do yourself a favor and look at all the other condo communities on the beach. Don't just look at the pictures and prices, actually go to the area and FEEL the location for yourself. Then, come be our guest and visit unit C40. You will forever be changed... Welcome Home!

Listing Agent

Garrett Aune

Beachy Beach Real Estate License #SL352911 Listed on: 12/05/2025

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,644

Year Built

  • Built in 1974

Lot Details

  • Security Fence

Home Design

  • Flat Roof Shape
  • HardiePlank Type

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Living Room
  • Electric Oven
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Security Gate
  • Closed Circuit Camera

Parking

  • Electric Gate
  • Paved Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony
  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

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

Amenities

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

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,644

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
  • 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

  • Appliances: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bedroom, Other
  • Stories: 3

Exterior Features

  • Pool Features: Fenced, In Ground, Community
  • View: Other
  • Construction Type: HardiPlank Type
  • Patio And Porch Features: Balcony, Covered, Patio
  • Roof: Flat

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available
  • Security Features: Closed Circuit Camera(s), Gated Community, Security Fence, Security Gate, Smoke Detector(s)
  • 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, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
  • Amenities: Beach Rights, Barbecue, Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 3644.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,450 $223,617 -- --
2023 $3,450 $203,288 $0 $331,500
2022 $2,515 $184,807 $0 $0
2021 $2,300 $168,006 $0 $0
2020 $2,049 $170,000 $0 $170,000
2019 $1,724 $134,385 $0 $134,385
2018 $1,898 $138,848 $0 $0
2017 $1,481 $126,225 $0 $0
2016 $1,346 $114,750 $0 $0
2015 $1,294 $106,800 $0 $0
2014 $1,185 $97,750 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 For Sale $327,500 -- $302 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Source: Central Panhandle Association of REALTORS®

MLS Number: 782393

Central Panhandle Association of REALTORS®

APN: 30189-103-000