8727 Thomas Drive
Panama City Beach, FL 32408
- 1 bed
- 1 bath
- 752 sqft
- $332 per sqft
- 1974 build
- – on site
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6%+ ROI... Find a condo in today's market that can beat that using ACTUAL rentals, not simple projections! Let's look at the facts... This is one of the LOWEST OVERALL PRICED, LOWEST Sq/Ft PRICED, and LOWEST HOA's of all the 1 Bedroom / 1 Bathroom condos located on the beach side of Front Beach! Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: Most people come to PCB for the breathtaking Gulf views, and this condo does not disappoint. Mere steps from the sugar white sand, and overlooking a tranquil courtyard that is incredibly manicured (including a beautiful Koi/Turtle pond), Sugar Beach is the only place on the beach with views like this - and they are truly unforgettable. LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer. Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, and some of the Beach's best bars/restaurants - directly in front of the property. And did I mention that Tootsies Beach Bar (owned by Kid Rock) is opening just 2 doors down?!? Yep... talk about KILLER location!!! AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It 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 you have true competitive advantage with this one. 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! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB! PRICE: Last but not CERTAILY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! If you are looking for the best investment on the beach, or if you are looking for the next place to call home, this incredible condo offers everything you could ever dream of - and so very much more!
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Last updated May 9, 2025
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MLS# 974161 —
The Building
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Year Built:1974
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Construction Materials:Stucco
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Building Area Total:752.0
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Building Area Source:Appraiser
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Architectural Style:N/A
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Levels:None
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Exterior Features:Tennis Court
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Door Features:Storm Door(s)
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Window Features:Window Treatment All
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Accessibility Features:None
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Direction Faces:None
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Patio And Porch Features:Deck Covered, Porch
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Foundation Details:Slab
Interior
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Furnished:Furnished - All
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Interior Features:Washer/Dryer Hookup
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Rooms Total:4
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Fireplace:No
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Fireplaces Total:None
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Laundry Features:None
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Flooring:Floor Tile
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Buyer Financing:Conventional
Location
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Directions:Traveling East on Thomas Drive, turn right onto 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 into the complex, and E16 will be directly in front of you, on the ground floor - 15 steps from your car!!!
The Property
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Property Type:Residential
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Property Subtype:Condominium
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Property Condition:Construction Complete
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Property Attached:None
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Lot Size Units:Acres
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Possible Use:None
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Parcel Number:30189-144-000
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Topography:None
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View:Pond, Lake
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Waterfront:true
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Waterfront Features:Lake
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Water Body Name:None
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2024
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Tax Annual Amount:2890.87
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Tax Legal Description:SUGAR BEACH CONDO APT #E-16 1BR 1B 752 H&C ORB 435 P 268 ORB 4344 P 252
Beds
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Bedrooms Total:1
Baths
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Total Baths:1.0
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Total Baths:1
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Full Baths:1
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Partial Baths:None
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Three Quarter Baths:None
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Quarter Baths:None
The Listing
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Home Warranty:No
Heating & Cooling
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Heating:No
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Cooling:Ceiling Fans, Central Air
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Cooling:true
Utilities
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Utilities:Electric, Phone, Public Water, TV Cable
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Electric:None
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher, Microwave, Smoke Detector, Stove/Oven Electric, Water Heater - Elect
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Microwave:true
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Dishwasher:true
Schools
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Elementary School:Breakfast Point
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Elementary School District:None
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Middle Or Junior School:Breakfast Point
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Middle Or Junior School District:None
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High School:Arnold
The Community
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Subdivision Name:Sugar Beach
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Community Features:Pickle Ball, BBQ Pit/Grill, Community Room, Gated Community, Laundry, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront
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Association:true
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Association Amenities:None
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Association Fee:None
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Association Fee 2:1546.07
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Association Fee Frequency:Quarterly
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Association Fee Includes:Ground Keeping, Management, Master Association, Security, Sewer, Water, Cable TV, Trash
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Pool Private:None
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Pool Features:Pool - In-Ground, Pool Type
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Spa Features:None
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Pets Allowed:None
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Senior Community:No
Parking
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Carport:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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5/9/25
May 9, 2025
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Sold | ECARMLS | $250,000 | -5.7% |
4/26/25
Apr 26, 2025
|
Pending | ECARMLS | $265,000 | |
4/17/25
Apr 17, 2025
|
Listed / Active | ECARMLS | $265,000 |