8727 Thomas DR #A6 Panama City Beach, FL 32408
Open House
Fri Apr 24, 2:00pm - 3:00pm
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $354
Subdivision Sugar Beach Condo
MLS Listing ID 788210
Style Low Rise
Bedrooms 4
Full Baths 3
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $5,209
Tax Year 2025
Property Sub-Type Condominium
Property Description
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!!!
Location
State FL
County Bay
Community Barbecue, Beach, Clubhouse, Conference/Meeting Room, Game Room, Laundry Facilities, Park, Pool, Tennis Court(S), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Interior Steps, Smart Thermostat
Heating Central
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Appliance Electric Oven, Electric Water Heater
Exterior
Parking Features Gated, Parking Lot
Pool In Ground, Community
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
Utilities Available Cable Connected
Amenities Available Beach Rights, Game Room, Gated, Barbecue
Waterfront Description Other,Shoreline - Sand
View Y/N Yes
Water Access Desc Other,Shoreline - Sand
View Gulf, Other
Roof Type Flat,Membrane
Porch Balcony, Covered, Patio
Private Pool No
Building
Lot Description Paved
Sewer Public Sewer
Architectural Style Low Rise
Additional Building Pool House, Tennis Court(s)
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 30189-007-000
Security Features Closed Circuit Camera(s),Gated Community,24 Hour Security,Security Lights,Security Gate,Smoke Detector(s)
Financing Other
Special Listing Condition Listed As-Is
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION