8727 Thomas Drive UNIT B17, Panama City Beach, FL 32408

New Listing
$453,500
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,512 Status: Active
Current Price: $453,500 List Date: 2/12/2026 Last Modified: 2/13/2026

Description

The Investor's Trifecta!!! LOWEST OVERALL PRICE, LOWEST Sq/Ft PRICE, and some of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach! This is the ONLY condo in town that offers all 3! And when you consider that highly anticipated development is taking place on both sides of the complex - this truly is the right opportunity, in the right location, at the right price, at EXACTLY the right time!!!

Supplements: Let's look at the facts... 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 being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well 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, etc. - directly in front of the property. For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!! And did I mention that Tootsies is looking to open its very first beach bar just 2 doors down? How about the highly anticipated Margaritaville a few doors down the other direction?!? 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 CERTAINLY 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! The average 3 bedroom in Sugar Beach brings in over $65k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 11% on a financed purchase - which is unheard of nowadays. Welcome Home!

More Information MLS# 995132

Status Change Info

Status: Active

Contract Info

List Date: 2026-02-12 Current Price: $453,500 List Price: $453,500 List Price/SqFt: 299.93 Listing Board: Emerald Coast

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 T/H Parcel ID: 30189-035-000

General Property Info

Sub-Type: Condominium Design: N/A Apx SqFt(Htd/Cooled): 1512 SqFt Source: County PA Records Bedrooms: 3 Full Baths: 3 Total Bathrooms: 3 Stories In Unit: 2 Stories in Building: 3 Unit Floors Above Ground: 2 Year Built: 1974 Immediate Occupancy: Yes Garage: No Carport: No Pool: Yes Pool Type: Community

Property Features

Construction Status: Construction Complete Waterfront: Lake; Pond; Unit Waterfront Waterview: Gulf; Lake; 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: Balcony; BBQ Pit/Grill; Pool - In-Ground; Tennis Court Interior: Floor Laminate; Floor Tile; Furnished - All; Lighting Recessed; Owner's Closet; Renovated; Split Bedroom; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Double Pane Windows; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: Second Bedroom: First Kitchen: First Living Room: First Full Bathroom: First; Second Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom Financing: Other Fees Include: Ground Keeping; Management; Other Utilities; Security; Trash; TV Cable; Water

Room Information

Bedroom Level: First Dimensions: 11 x 9 Length: 11.00 Width: 9.00 Dimensions: 11 x 9 Master Bedroom Level: Second Dimensions: 14 x 16 Length: 14.00 Width: 16.00 Dimensions: 14 x 16 Bedroom Level: First Dimensions: 14 x 14 Length: 14.00 Width: 14.00 Dimensions: 14 x 14 Living Room Level: First Dimensions: 14 x 13 Length: 14.00 Width: 13.00 Dimensions: 14 x 13 Kitchen Level: First Dimensions: 11 x 8 Length: 11.00 Width: 8.00 Dimensions: 11 x 8 Full Bathroom Level: First Dimensions: 11 x 8 Length: 11.00 Width: 8.00 Dimensions: 11 x 8 Master Bathroom Level: Second Dimensions: 11 x 8 Length: 11.00 Width: 8.00 Dimensions: 11 x 8 Full Bathroom Level: Second Dimensions: 11 x 8 Length: 11.00 Width: 8.00 Dimensions: 11 x 8 Balcony Level: First Dimensions: 14 x 7 Length: 14.00 Width: 7.00 Dimensions: 14 x 7 Balcony Level: Second Dimensions: 14 x 7 Length: 14.00 Width: 7.00 Dimensions: 14 x 7
Listing Office: Beachy Beach Real Estate
Last Updated: February - 13 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 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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