8727 Thomas Drive B6, Panama City, FL 32408 (MLS# 794799)

Floor Number: 2

Design: Low-Rise (1-3 floors)

Apx SqFt(Htd/Cooled): 1512

Construction Status: Construction Complete

SqFt Source: Prop App Site

# of Stories in Building: 3

Accessory Dwelling Unit: No

Lot Dimensions: N/A

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 3

Full Baths: 3

Total Baths: 3

Year Built: 1974

List Price/SqFt: 304.23

Status: Active

List Date: 2026-08-31

List Price: $460,000

Current Price: $460,000

Unit #: B6

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. B6 will be 2/3 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: 30189-024-000

Legal Description: SUGAR BEACH CONDO APT #B-6 3BR 2B 1512 H&C ORB 1875 P 1024

HOA Fee: Yes

HOA Amount: 2805.67

HOA Frequency: Quarterly

HOA Annual Amount: 11222.68

New Buyer Fee: No

Last Taxes: 5057.25

Last Tax Year: 2025

Brokerage Interest: No Interest

Condo Doc: Yes

Remarks: Investors Take Notice... this is the ABSOLUTE LOWEST PRICED and one of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach!!! This unbelievable condo has been loved by the same family for 27 years, and now that they are starting a new chapter in life, they are offering it up at a once in a lifetime price! 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, 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 and the all new and Wildly Popular Tootsie's Honkytonk (with big name country music stars performing regularly)! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away! 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 $60k 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 10% - which is unheard of nowadays. And with over $90k invested in updates over the last few years, it simply doesn't get any better than this! Updates include: All new kitchen cabinets and counter tops, HVAC, water heater, electrical panel, shower inserts, LVP flooring in bedrooms, couch and loveseat, and all new hurricane sliding doors and windows. Welcome to Paradise!!!

First: 1

Second: 1

Fenced: 1

Inground: 1

Pool House: 1

Dishwasher: 1

Dryer: 1

Oven - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Lighting - Recessed: 1

Skylight(s): 1

Split Bedroom: 1

Window - Treatment All: 1

Concrete: 1

Roof - Membrane: 1

Siding - Stucco: 1

Balcony: 1

Patio Covered: 1

Storm Doors: 1

Storm Windows: 1

Tennis Court(s): 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Dumpster: 1

Ground Keeping: 1

Laundry: 1

Picnic Area: 1

Pool: 1

Security: 1

Tennis: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Irrigation: 1

Cash: 1

Other: 1

Furnished: 1

Smart Thermostat: 1

First: 1

First: 1

Coastal Construction Control Line: 1

Dedicated Beach: 1

Landscaped: 1

Near Beach Access: 1

Retention Pond: 1

Sand Dunes: 1

Sidewalk: 1

Waterfront: 1

City Street: 1

Gated: 1

Parking Lot: 1

Resid Multi-Family: 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Conference Center: 1

Dumpster: 1

Gated Community: 1

Laundry: 1

Picnic Area: 1

Pool: 1

Tennis: 1

Waterfront: 1

Pickle Ball: 1

Shuffleboard Court: 1

Balcony: 1

Bedroom: 1

Full Bathroom: 1

Kitchen: 1

Living Room: 1

Primary Bathroom: 1

Primary Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Internet - Broadband Available: 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

Electric: 1

Central: 1

Electric: 1

MBath Shower Only: 1

MBed Balcony: 1

Second: 1

Gated Community: 1

Security Fence: 1

Security Gate: 1

Security Lights: 1

Smoke Detector(s): 1