Address
8727 Thomas Drive A6, Panama City Beach, FL
Price
$ 620,000
Property Attributes
- MLS#788210
- TypeCondos
- Listing Status Active Under Contract
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodSugar Beach Condo
- Zip32408
- Style
- Year Built1974
- Taxes$ 5209
- Price$ 620,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1750
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Under Contract - Accepting Back Up Offers. THIS CAN'T BE REAL... THE ONLY 4 BEDROOM FULLY FURNISHED CONDO ON THE GULF UNDER $800,000!!! The sellers have meticulously cared for this unit for 33 years, and have spared no expense in making sure the next owner will have a true RENTAL BEAST! Over $100,000 invested in the last few years which includes all new: kitchen, flooring throughout, bathrooms, HVAC, water heater, washer/dryer, hurricane doors and windows, paint, custom ceilings downstairs, and the list goes on! This unit is 100% rental ready as is (with all assessments paid in full and none upcoming), but if a new owner would just add their own flare with some new furniture, this unit would be unlike anything else available on the beach. The neighbor's unit just sold for $615k and was located in the back of the complex with limited gulf views. This one is just a few feet from the pristine white sandy beaches and has AMAZING views from the living room and primary bedroom. That unit had $86k in rental income last year, so needless to say... with these updates and this view, this unit truly has unlimited potential and could surpass those numbers easily! Sugar Beach is a highly desirable gated community due to its prime location. Park at your door, no elevators, and right in the heart of the historic Thomas Dr. Restaurants, Bars, Minigolf, Go-karts, Ice Cream, and the list goes on. And all of this is within 1-2 blocks - so park your car and no need to touch it again. And did I mention the new Tootsies Beach Honky-Tonk opening 2 doors down? That right... The concert scene is already lighting up with numerous Big Name Headliners performing this Spring and Summer!!! In addition to the best location in town, this gem of a community offers a pool, clubhouse, tennis, pickleball, shuffleboard courts, and gated private beach access. And if you need to simply wind down after a long day enjoying the best that PCB has to offer, Sugar Beach has an expansive peaceful greenspace unlike any other community on the beach. Get lost in tranquility as you watch the giant Koi Fish, turtles, and sea birds at the large sprawling pond. And if all of the above wasn't enough, TAKE NOTE that this is one of the only pet-friendly complexes on the ENTIRE BEACH. That's right... this offers an extreme competitive advantage, and much higher income! Please look at all the other 4 bedrooms available, and then come fall in love with this truly special opportunity (priced $200K less than the next). With some of the lowest HOA's of all the comps, this one is a CAN'T MISS!!!
| Elementary School | Middle School | High School |
|---|---|---|
| Breakfast Point Elementary School | Breakfast Point Middle School | Arnold High School |
| Price History | |
|---|---|
| 4/12/2026 | Listed $620,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Clubhouse,Conference/Meeting Room,Game Room,Laundry Facilities,Park,Pool,Tennis Court(s),Waterfront,Community Pool,Gated,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Sugar Beach Condo |
| Special Listing Conditions | Listed As-Is |
| Status | Active Under Contract |
| Buyer Financing | Other |
| Directions | Traveling East on Thomas Dr, turn right on Joan Avenue at the stoplight. The gated entrance to Sugar Beach will be immediately on the right. Enter the gate code at the keypad, pull in to the complex, turn right, and follow the parking lot all the way around to the back side of the complex. A6 will be 2/3 of the way towards the beach on your left - no elevators and just a few feet from your car!!! |
| High School | Arnold |
| City | Panama City Beach |
| Disclosures | Accepting Backup Offers |
| Zoning Description | Resid Multi-Family |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Breakfast Point |
| Tax Annual Amount | 5209 |
| Middle/Junior High School | Breakfast Point |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Pending |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Game Room,Gated,Barbecue |
| Other Structures | Pool House,Tennis Court(s) |
| Occupancy Type | Tenant |
| Waterfront Features | Other,Shoreline - Sand |
| Year Built | 1974 |
| Association Fee Includes | Clubhouse,Cable TV,Laundry,Maintenance Grounds,Pool(s),Sewer,Tennis Courts,Trash,Water |
| Heating | Central |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Oven,Electric Water Heater |
| Patio/Porch Features | Balcony,Covered,Patio |
| Construction Materials | Block,HardiPlank Type,Concrete |
| View | Gulf,Other,Water |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 9 |
| Full Baths | 3 |
| Architectural Style | Low Rise |
| HOA Fee | 3238.9 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | In Ground,Community |
| Security Features | Closed Circuit Camera(s),Gated Community,24 Hour Security,Security Lights,Security Gate,Smoke Detector(s) |
| Unit Number | A6 |
| Building Features | Dumpster |
| New Construction | false |
| Roof | Flat,Membrane |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Interior Steps,Smart Thermostat,Tub Shower,Upper Level Primary |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 4 |
| LivingAreaSource | Appraiser |
| Window Features | Storm Window(s) |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Dimensions | 0x0 |
| Road Frontage Type | City Street |
| Parking Features | Gated,Parking Lot |
| Building Area Total | 1750 |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
| Door Features | Storm Door(s) |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32408
Price
Taxes
Year Built
In The Neighborhood
Panama City
$ 460,000
8727 Thomas Drive B6
Panama City, FL 32408
- Type
- Condos
- Size
- 1,512 SqFt
- Rooms
- 3 Beds + 3 Baths
Panama City
$ 249,800
8727 Thomas Drive E8
Panama City, FL 32408
- Type
- Condos
- Size
- 752 SqFt
- Rooms
- 1 Beds + 1 Baths
Panama City
$ 325,000
8727 Thomas Drive D9
Panama City, FL 32408
- Type
- Condos
- Size
- 939 SqFt
- Rooms
- 2 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
