$297,000
SOLD MAR 18, 2026

8727 Thomas Dr Unit D5 Panama City, FL 32408

2 Beds
2 Baths
939 Sq Ft
1974 Built

Sale Details

Date Sold: March 18, 2026

$316 Per Sq Ft

15% Below List Price

8 Days on Market

Highlights

  • Beach
  • Gated Community
  • Meeting Room
  • In Ground Pool
  • Tennis Courts
  • Covered Patio or Porch

About This Home

As of March 2026

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Amazing Location! Welcome to Sugar Beach, one of Panama City Beach's most popular beachfront vacation resorts. This gated, pet-friendly community is beautifully maintained and offers a peaceful setting with lush landscaping and a large fish and turtle pond. Residents and guests enjoy outstanding amenities including a swimming pool, clubhouse, tennis courts, shuffleboard, BBQ area, and private beach access. This 2-bedroom, 2-bath ground-floor condo comes fully furnished and turnkey, making it ideal as a second home, vacation getaway, or investment property. Currently part of a successful short-term rental program, it offers immediate income potential. Just steps away from PCB's best restaurants, shopping, and nightlife, Sugar Beach combines serenity with convenience. Whether you're seeking a personal retreat or an income-producing rental, this charming condo is a perfect choice.

Last Agent to Sell the Property

David Travare

The Travare Brokerage Firm License #CQ1066909 Listed on: 02/09/2026

Last Buyer's Agent

Aaron Wright

Legacy Premier Agency License #3568247

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1974

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Picnic Area
  • Meeting Room

Recreation

  • Beach
  • Tennis Courts
  • Community Pool
  • Park

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,420

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Co List Office Mls Id: TTBF
  • Co List Office Phone: 334-389-3603
  • Subdivision Name: Sugar Beach Condo
  • Architectural Style: Low Rise
  • Entry Level: 1
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

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

Exterior Features

  • Pool Features: In Ground, Community
  • Waterfront: No
  • Construction Type: Concrete
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Sewer Available
  • Security Features: Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Beach, Conference/Meeting Room, Gated, Park, Pool, Tennis Court(s), Community Pool, Short Term Rental Allowed
  • Amenities: Gated, Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 3420.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2026
Closed on
Mar 16, 2026
Sold by
Bought by
Seller's Agent
David Travare
The Travare Brokerage Firm
Buyer's Agent
Aaron Wright
Legacy Premier Agency
List Price
$350,000
Sold Price
$297,000
Premium/Discount to List
-$53,000
-15.14%
Views
97

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.14%
Original Mortgage
$222,750
Outstanding Balance
$222,533
Interest Rate
6.11%
Mortgage Type
New Conventional
Estimated Equity
$75,853

Purchase Details

Closed on
May 19, 2025
Sold by
Bought by

Purchase Details

Listed on
Sep 9, 2020
Closed on
Dec 23, 2020
Sold by
Bought by
Seller's Agent
Kinsey Haddock PA
Robert Slack, LLC
Buyer's Agent
Scott Seidler
Keller Williams Success Realty
List Price
$237,400
Sold Price
$236,000
Premium/Discount to List
-$1,400
-0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.39%
Original Mortgage
$188,800
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 2, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,500
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
May 29, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 18, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,600
Interest Rate
8.45%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $297,000 Tomo Mortgage Llc
Quit Claim Deed $100 None Listed On Document
Quit Claim Deed $100 None Listed On Document
Warranty Deed $236,000 Flagship Title
Warranty Deed $7,000 Attorney
Warranty Deed $170,000 Cornerstone Title Agency Inc
Warranty Deed $152,500 Lawyers Title Agency Of Nort
Warranty Deed $105,000 --
Warranty Deed $94,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $222,750 New Conventional
Previous Owner $188,800 New Conventional
Previous Owner $133,000 Purchase Money Mortgage
Previous Owner $87,500 Unknown
Previous Owner $100,000 No Value Available
Previous Owner $84,600 No Value Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/18/2026 03/18/26 Sold $297,000 -5.7% $316 / Sq Ft
02/17/2026 02/17/26 Pending -- -- --
02/05/2026 02/05/26 Price Changed $315,000 -3.1% $335 / Sq Ft
12/31/2025 12/31/25 Price Changed $325,000 -4.4% $346 / Sq Ft
10/30/2025 10/30/25 Price Changed $340,000 -2.9% $362 / Sq Ft
09/11/2025 09/11/25 For Sale $350,000 +48.3% $373 / Sq Ft
07/05/2022 07/05/22 Off Market $236,000 -- --
12/23/2020 12/23/20 Sold $236,000 -0.6% $251 / Sq Ft View Prior Sale
09/09/2020 09/09/20 For Sale $237,400 -- $253 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,420 $260,211 -- --
2024 $3,239 $236,555 -- --
2023 $3,239 $215,050 $0 $286,628
2022 $2,446 $195,500 $0 $195,500
2021 $2,438 $195,500 $0 $195,500
2020 $1,415 $136,000 $0 $136,000
2019 $1,512 $115,600 $0 $115,600
2018 $1,718 $114,990 $0 $0
2017 $1,348 $104,536 $0 $0
2016 $1,216 $95,033 $0 $0
2015 $1,156 $86,394 $0 $0
2014 $999 $78,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 778864

Central Panhandle Association of REALTORS®

APN: 30189-116-000

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