8727 Thomas Drive A7, Panama City, FL 32408 (MLS# 797357)

Floor Number: 2

Design: Low-Rise (1-3 floors)

Apx SqFt(Htd/Cooled): 1750

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 3

Accessory Dwelling Unit: No

Pre-Const Flip: No

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 4

Full Baths: 3

Total Baths: 3

Year Built: 1974

List Price/SqFt: 365.71

Status: Active

List Date: 2026-11-03

List Price: $640,000

Current Price: $640,000

Unit #: A7

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Traveling East on Thomas Dr, turn right on 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 in to the complex, turn right, and follow the parking lot all the way around to the back side of the complex. A7 will be 3/4 of the way towards the beach on your left - no elevators and just a few feet from your car!!

Area: 03 - Bay County - Beach

Street #: 8727

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Sugar Beach Condo

Parcel ID: 30189-008-000

Legal Description: SUGAR BEACH CONDO APT #A-7 4BR 3B 1750 H&C ORB 4624 P 2179

HOA Fee: Yes

HOA Amount: 3238.9

HOA Frequency: Quarterly

HOA Annual Amount: 12955.6

New Buyer Fee: No

Last Taxes: 6547.08

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: Over $90k annually in ACTUAL rentals... Incredible ROI and CAP rates... Completely Remodeled... LOWEST PRICED 4-bedroom Condo you will find that offers everything an investor could dream of - and so much more! Sugar Beach is perfectly located right in the heart of the most desirable location on Thomas Drive. Everything a renter could ever want is right outside their door, and that is exactly why this absolutely gorgeous unit blows away the competition when it comes to rental income. The beach's best restaurants, the area's most iconic bars, the town's most recognizable attractions, and the world's most beautiful beaches... a better location simply doesn't exist! Being pet friendly for renters offers a distinct advantage over almost every other complex on the beach, and the truly unique greenspace offers a tranquil Coy and Turtle pond that simply can't be found this close to the sand anywhere else in town. And with the entire complex being newly updated, the milestone inspection being passed with flying colors, and the association actually LOWERING the HOA dues this year, it is easy to see why Sugar Beach is one of the most sought-after communities in the Panhandle. And the condo itself... Absolutely gorgeous. Every inch has been remodeled inside and out with high end coastal flare, and the beach views are beyond breathtaking. With parking directly outside your door, 2 private patios overlooking the peaceful courtyard and beach, and enough room to sleep up to 12 people comfortably, this rental beast is truly unlike the others. And with the next closest comp being priced over $150k more, blink and you will likely miss this truly one-of-a-kind investment opportunity!

Inground: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Floor - Laminate: 1

Floor - Tile: 1

Lighting - Recessed: 1

Lock Out Closet: 1

Skylight(s): 1

Split Bedroom: 1

Stairs: 1

Window - Treatment All: 1

Block: 1

Concrete: 1

Roof - Flat: 1

Roof - Membrane: 1

Trim - Hardie Board: 1

Balcony: 1

Patio Covered: 1

Storm Doors: 1

Storm Windows: 1

Shore - Beach: 1

Pool House: 1

Tennis Court(s): 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Dumpster: 1

Game Room: 1

Gated Community: 1

Ground Keeping: 1

Laundry: 1

Pool: 1

Sewer: 1

Tennis: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Cash: 1

Other: 1

Furnished: 1

Floor - Carpet: 1

Smart Thermostat: 1

First: 1

First: 1

Close to Clubhouse: 1

Coastal Construction Control Line: 1

Landscaped: 1

Near Beach Access: 1

Sidewalk: 1

Within 1/2 Mile to Water: 1

City Street: 1

Gated Access: 1

Paved Road: 1

Gated: 1

Parking Lot: 1

Resid Multi-Family: 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Conference Center: 1

Dumpster: 1

Game Room: 1

Laundry: 1

Picnic Area: 1

Pool: 1

Tennis: 1

Waterfront: 1

Pickle Ball: 1

Shuffleboard Court: 1

Sidewalks: 1

Bedroom: 1

Full Bathroom: 1

Kitchen: 1

Living Room: 1

Primary Bathroom: 1

Primary Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Garbage: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

Other - See Remarks: 1

As Is: 1

First: 1

Second: 1

Other: 1

Second: 1

First: 1

Second: 1

Ceiling Fan(s): 1

Central Air: 1

Central: 1

MBed Waterfront: 1

MBath Shower/Tub Combo: 1

Second: 1

24 Hour Security: 1

Closed Circuit Camera(s): 1

Gated Community: 1

Security Gate: 1

Security Lights: 1

Smoke Detector(s): 1