4 Beds
3 Baths
1,750 sqft
$560,000
8727 Thomas Drive A3, Panama City FL, 32408
Price per sqft$320.00
Built in1974
Property size1,750 sqft
Property typeCondominium
Overview
Active
Listed Oct 28, 2026
Updated 14h ago
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!!!
$3,726/mo
Est. mortgage payment based on a $560,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 797118
Interior Features
- Bedrooms
- 4
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $5,209
- Tax Frequency
- Annually
- Association Fee Frequency
- Quarterly
- View
- Yes
- Pool
- Yes
- Waterfront
- Yes
Courtesy of Beachy Beach Real Estate, Garrett S Aune,
Listing Contact: 850-588-8908
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Joshua Fowler shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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