8727 Thomas Drive, B13
Panama City Beach, FL 32408
MLS# 985861
Status:
Pending3 beds | 3 baths | 1512 sqft
Property DescriptionLOWEST PRICED 3 bed / 3 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 of all the comps!
Simply put, you will not find a 3 bedroom condo on the beach with views like this. 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 an elevator! That's right... park directly at your door, and within seconds, find your toes in the sand and your soul soaking in the sun.
Listing Board: Emerald Coast
List Price/SqFt: 323.41
List Date: 2025-09-21
Current Price: $489,000
Unit #: B13
Sub Area: 2723 - Beach - South of Grand Lagoon
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Legal Description: SUGAR BEACH CONDO APT #B-13 3BR 2B 1512 H&C ORB 435 P 268 . ORB 4222 P 2175
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 2
Unit Floors Above Ground: 2
Garage: No
Pool Type: Community
Apx SqFt(Htd/Cooled): 1512
Total Bathrooms: 3
Year Built: 1974
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 3043.73
Annual Assessment Amount: 12174.92
Assessment Paid: Quarterly
New Buyer Fee: No
Brokerage Interest: No Interest
As Is: Yes
Remarks: LOWEST PRICED 3 bed / 3 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 of all the comps!
Simply put, you will not find a 3 bedroom condo on the beach with views like this. 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 an elevator! That's right... park directly at your door, and within seconds, find your toes in the sand and your soul soaking in the sun.
Community Room: 1
Dumpster: 1
Gated Community: 1
Laundry: 1
Pets Allowed: 1
Pickle Ball: 1
Picnic Area: 1
Short Term Rental - Allowed: 1
Concrete: 1
Roof Membrane: 1
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
BBQ Pit/Grill: 1
Patio Open: 1
Pool - Enclosed: 1
Pool - In-Ground: 1
Breakfast Bar: 1
Ceiling Crwn Molding: 1
Floor Laminate: 1
Floor Tile: 1
Furnished - All: 1
Owner's Closet: 1
Skylight(s): 1
Washer/Dryer Hookup: 1
Microwave: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Ceiling Fans: 1
Double Pane Windows: 1
MBath Shower Only: 1
MBed Balcony: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Ground Keeping: 1
Management: 1
Status: Pending
Under Contract Date: 2025-10-17
Area: 27 - Bay County
Street #: 8727
Street Name: Thomas
Street Suffix: Drive
County: Bay
Project Name/Subdivision: Sugar Beach Condominiums
Construction Status: Construction Complete
Project Facilities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Gated Community; Laundry; Pets Allowed; Pickle Ball; Picnic Area; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront
Exterior: BBQ Pit/Grill; Patio Open; Pool - Enclosed; Pool - In-Ground; Tennis Court
Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Laminate; Floor Tile; Furnished - All; Owner's Closet; Skylight(s); Washer/Dryer Hookup
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: Ceiling Fans; Double Pane Windows; Insulated Doors
Full Bathroom: First; Second
Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom
Fees Include: Ground Keeping; Management; Security; Trash; TV Cable; Water
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 will be opening their highly anticipated Beach Bar just 2 doors down - where big name band's will undoubtedly be brought back to the beach. 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 already been updated with over $50k in upgrades: All new hurricane doors and windows in 2024, newly remodeled bathrooms upstairs, new LVP and Tile flooring in most areas, custom woodwork in the living room and stairs, etc. It is turnkey and ready to go!!!
With many 3 bedroom units in Sugar Beach generating $60k+ 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!!!
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Living Room | First | 14 x 13 | 14.00 | 13.00 | 14 x 13 |
| Kitchen | First | 11 x 8 | 11.00 | 8.00 | 11 x 8 |
| Bedroom | First | 11 x 9 | 11.00 | 9.00 | 11 x 9 |
| Full Bathroom | First | 8 x 5 | 8.00 | 5.00 | 8 x 5 |
| Balcony | First | 11 x 7 | 11.00 | 7.00 | 11 x 7 |
| Master Bedroom | Second | 16 x 11 | 16.00 | 11.00 | 16 x 11 |
| Master Bathroom | Second | 5 x 14 | 5.00 | 14.00 | 5 x 14 |
| Bedroom | Second | 11 x 14 | 11.00 | 14.00 | 11 x 14 |
| Full Bathroom | Second | 5 x 8 | 5.00 | 8.00 | 5 x 8 |
| Balcony | Second | 11 x 7 | 11.00 | 7.00 | 11 x 7 |
Listing Office: Beachy Beach Real Estate
Last Updated: October - 18 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.