8727 Thomas Drive #A3, Panama City, FL 32408
Local realty services provided by:CENTURY 21 Ryan Realty
8727 Thomas Drive #A3,Panama City, FL 32408
$560,000
- 4 Beds
- 3 Baths
- 1,750 sq. ft.
- Condominium
- Active
Listed by: garrett s aune
Office: beachy beach real estate
MLS#:797118
Source:FL_BCMLS
Price summary
- Price:$560,000
- Price per sq. ft.:$320
- Monthly HOA dues:$1,079.67
About this home
LOWEST PRICED 4 bed / 4 bath condo on the ENTIRE BEACH!!!
Experienced investors are trained to ''love'' the number and simply ''like'' the property, but why not have both? This is by far the LOWEST PRICED comp in the entire town that is this close to the sand, and if pricing wasn't an instant attention grabber... it also has some of the lowest HOA fee's!
Simply put, you will not find a 4 bedroom condo on the beach that has this much to offer. Only a few feet from the sand, you can go from your incredible condo to the emerald green waters before folks in other communities can even catch the elevator to escape their floor. That's right... park directly at your door, and within seconds, find your toes in the sand and your soul soaking in the sun.
A key requirement for generating strong rentals is location, and the prime location is where this condo TRULY outshines all other competition.
For the kiddos, there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, souvenir shops, and the list goes on!
For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's! To make it even better, Tootsies just opened their highly anticipated Beach Bar and Restaurant just 2 doors down - where big name bands have already put on incredible performances. No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!
Although the legendary action of Thomas Dr is right outside your front door, if it's peace and quiet you seek, you will lose yourself in the serenity of the lush and peaceful oasis of Sugar Beach. Offering one of the largest and most unique greenspaces in all of PCB, this incredible community offers ample room to stretch your legs while walking the well-manicured path around the pristine sprawling koi/turtle pond. You will not find another property in town that is directly on the beach - yet also offers such an incredible courtyard with a pool, tennis/pickleball courts, shuffleboard, a grilling area, a community clubhouse, a private gated beach access, and over 375 feet of incredible beach access!
Sugar Beach 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 when it comes to rentals, you find yourself with a true competitive advantage.
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!
This amazing unit has not been rented (meaning it is in exceptional shape), and has already been updated with over $50k in upgrades: All new hurricane doors and windows in 2024, new LVP flooring in the living area, and nearly all the furniture is new. It is turnkey and absolutely ready to go!!!
With many 4 bedroom units in Sugar Beach generating $90k+ annually in rentals... One look at the numbers, one look at the condo, and one look at the location - and you will become a firm believer. This condo genuinely has it all and will turn an incredible profit - while creating unforgettable lifetime memories for years to come.
Welcome to Paradise!!!...
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Home facts
- Year built:1974
- Subdivision & Development:Sugar Beach Condo
- Listing ID #:797118
- Added:3 day(s) ago
- Updated:October 31, 2026 at 07:50 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:9
- Dining Description:SmartThermostat
- Bathrooms Description:SmartThermostat
- Kitchen Description:Electric Oven, Electric Water Heater
- Bedroom Description:SmartThermostat
- Living area:1,750 sq. ft.
Heating and cooling
- Cooling:CeilingFans, CentralAir
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Flat, Membrane
- Year built:1974
- Building area:1,750 sq. ft.
- Architectural Style:Low Rise
- Construction Materials:Block, Concrete
- Exterior Features:Balcony, Patio
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$560,000
- Price per sq. ft.:$320
- Tax amount:$5,209 (2025)
Features and amenities
- Amenities:Beach Rights, ClosedCircuitCameras, ElectricOven, ElectricWaterHeater, Gated, GatedCommunity, SecurityGate, SecurityLights, SmartThermostat, SmokeDetectors, StormWindows
- Pool features:Community, InGround
Parking
- Parking description:Gated, Parking Lot
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