Seller's Agent in 2025
Garrett Aune
Beachy Beach Real Estate
(850) 588-8908
57 in this area
73 Total Sales
8727 Thomas Dr Unit E16 Panama City, FL 32408
1
Bed
1
Bath
752
Sq Ft
$515/mo
HOA Fee
Highlights
- Lake Front
- Beach
- 24-Hour Security
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- In Ground Pool
About This Home
As of May 2025UNDER CONTRACT - SELLER ACCEPTING BACKUP OFFERS.6%+ ROI... Find a condo in today's market that can beat that using ACTUAL rentals, not simple projections! Let's look at the facts...This is one of the LOWEST OVERALL PRICED, LOWEST Sq/Ft PRICED, and LOWEST HOA's of all the 1 Bedroom / 1 Bathroom condos located on the beach side of Front Beach! 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 this condo does not disappoint. Mere steps from the sugar white sand, and overlooking a tranquil courtyard that is incredibly 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, and some of the Beach's best bars/restaurants - directly in front of the property. And did I mention that Tootsies Beach Bar (owned by Kid Rock) is opening just 2 doors down?!? 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 CERTAILY 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!If you are looking for the best investment on the beach, or if you are looking for the next place to call home, this incredible condo offers everything you could ever dream of - and so very much more!
Last Agent to Sell the Property
Beachy Beach Real Estate License #SL352911 Listed on: 03/25/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,891
Year Built
- Built in 1974
Lot Details
- Lake Front
- Landscaped
HOA Fees
- $515 Monthly HOA Fees
Home Design
- Entry on the 1st floor
- Flat Roof Shape
Interior Spaces
- 752 Sq Ft Home
- 3-Story Property
- Furnished
- Living Room
- Lake Views
- Stacked Washer and Dryer
Kitchen
- Electric Oven
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Home Security
Parking
- Additional Parking
- Parking Lot
Eco-Friendly Details
- ENERGY STAR Qualified Equipment for Heating
Pool
- In Ground Pool
- Fence Around Pool
Outdoor Features
- Deeded access to the beach
- Balcony
- Patio
- Porch
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Community Details
Overview
- Association fees include clubhouse, cable TV, ground maintenance, pool(s), sewer, security, tennis courts, trash, water
- 119 Units
- Sugar Beach HOA
- Low-Rise Condominium
- Sugar Beach Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Clubhouse
- Laundry Facilities
Recreation
- Beach
- Tennis Courts
- Community Pool
Security
- 24-Hour Security
- Gated Community
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2025
Closed on
May 9, 2025
Sold by
Sargent Richard and Sargent Traci
Bought by
Ey707 Llc
Seller's Agent
Garrett Aune
Beachy Beach Real Estate
Buyer's Agent
Lauren Beninate
Beachy Beach Real Estate
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380
Avg. Annual Appreciation
0.41%
Purchase Details
Closed on
Dec 28, 2020
Sold by
Moyer Robert H and Davis Wendy L
Bought by
Sargent Richard and Sargent Traci
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 24, 2014
Sold by
Brown Joseph Ronald and Brown Shirley A
Bought by
Moyer Robert H and Davis Wendy L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2003
Sold by
Mckinney Family Partnership
Bought by
Brown Joseph Ronald and Brown Shirley A
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | Defender Title & Escrow | |
| Warranty Deed | $200,000 | Defender T&E Agcy Llc | |
| Warranty Deed | $125,000 | Diamond Title Agency Inc | |
| Corporate Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $75,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/09/2025 05/09/25 | Sold | $250,000 | -5.7% | $332 / Sq Ft |
| 03/25/2025 03/25/25 | For Sale | $265,000 | -- | $352 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $2,763 | $209,300 | -- | -- |
| 2023 | $2,763 | $190,273 | $0 | $229,547 |
| 2022 | $2,196 | $172,975 | $0 | $0 |
| 2021 | $2,013 | $157,250 | $0 | $157,250 |
| 2020 | $1,578 | $121,550 | $0 | $121,550 |
| 2019 | $1,248 | $93,563 | $0 | $93,563 |
| 2018 | $1,479 | $112,875 | $0 | $0 |
| 2017 | $1,225 | $102,614 | $0 | $0 |
| 2016 | $1,100 | $93,285 | $0 | $0 |
| 2015 | $1,115 | $91,715 | $0 | $0 |
| 2014 | $850 | $50,459 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Garrett Aune
-
Lauren Beninate
Buyer's Agent in 2025
Lauren Beninate
Beachy Beach Real Estate
(706) 615-5336
37 in this area
123 Total Sales
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 770887
APN: 30189-144-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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