8727 Thomas Dr Unit C40 Panama City, FL 32408
Estimated payment $2,027/month
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!
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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®
MLS Number: 782393
APN: 30189-103-000
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