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$489,000
8727 Thomas Drive, B13
Panama City Beach, FL 32408
MLS# 985861
Status: Pending
3 beds  |  3 baths  |  1512 sqft


8727 Thomas Drive, B13, Panama City Beach, FL 32408
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8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408 8727 Thomas Drive, B13, Panama City Beach, FL 32408

Property Description
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.

Details
Documents
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 323.41
List Date: 2025-09-21
Current Price: $489,000
List Price: $489,000
Location, Tax and Legal
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
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 2
Unit Floors Above Ground: 2
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1512
Bedrooms: 3
Full Baths: 3
Total Bathrooms: 3
Year Built: 1974
Listing Info, Tax & Legal
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 & Misc
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.
Waterfront
Pond: 1
Construction Status
Construction Complete: 1
Waterview
Gulf: 1
Pond: 1
Project Facilities
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Dumpster: 1
Gated Community: 1
Laundry: 1
Pets Allowed: 1
Pickle Ball: 1
Picnic Area: 1
Short Term Rental - Allowed: 1
Tennis: 1
TV Cable: 1
Waterfront: 1
Construction/Siding
Concrete: 1
Roof Membrane: 1
Slab: 1
Stucco: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Exterior
BBQ Pit/Grill: 1
Patio Open: 1
Pool - Enclosed: 1
Pool - In-Ground: 1
Tennis Court: 1
Interior
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
Financing
Conventional: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Smoke Detector: 1
Washer: 1
Energy
Ceiling Fans: 1
Double Pane Windows: 1
Insulated Doors: 1
Mstr Bdrm/Mstr Bath
MBath Shower Only: 1
MBed Balcony: 1
MBed Waterfront: 1
Master Bedroom
Second: 1
Bedroom
First: 1
Second: 1
Kitchen
First: 1
Living Room
First: 1
Full Bathroom
First: 1
Second: 1
Rooms
Balcony: 1
Bedroom: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Fees Include
Ground Keeping: 1
Management: 1
Security: 1
Sewer: 1
Trash: 1
TV Cable: 1
Water: 1
Status Change Info
Status: Pending
Under Contract Date: 2025-10-17
Location Tax and Legal
Area: 27 - Bay County
Street #: 8727
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: Sugar Beach Condominiums
Parcel ID: 30189-031-000
Property Features
Construction Status: Construction Complete
Waterfront: Pond
Waterview: Gulf; Pond
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
Master Bedroom: Second
Bedroom: First; Second
Kitchen: First
Living Room: First
Full Bathroom: First; Second
Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom
Financing: Conventional
Fees Include: Ground Keeping; Management; Security; Trash; TV Cable; Water
Supplements
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 Information
Room Name Level Dimensions Length Width Dimensions
Living RoomFirst14 x 1314.0013.0014 x 13
KitchenFirst11 x 811.008.0011 x 8
BedroomFirst11 x 911.009.0011 x 9
Full BathroomFirst8 x 58.005.008 x 5
BalconyFirst11 x 711.007.0011 x 7
Master BedroomSecond16 x 1116.0011.0016 x 11
Master BathroomSecond5 x 145.0014.005 x 14
BedroomSecond11 x 1411.0014.0011 x 14
Full BathroomSecond5 x 85.008.005 x 8
BalconySecond11 x 711.007.0011 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.


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