8727 Thomas Drive B17, Panama City, FL 32408

$380,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,512 Status: Sold
Current Price: $380,000 List Date: 11/28/2025 Last Modified: 5/29/2026

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS! INVESTORS TAKE NOTICE… LOWEST PRICED 3 BEDROOM CONDO on the BEACH! 7% average ROI! You don't want to miss out on this one!!! Countless updates which include: kitchen counter tops and coastal backsplash, stainless appliances, drop panel ceiling (kitchen/hall area) with energy efficient lighting, tile flooring downstairs, LVP flooring in downstairs bedroom/on the stairs/upstairs, and new hurricane sliding doors and windows. Over $70k invested in the last 2 years!!! Sugar Beach is one of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, a HUGE greenspace with incredible Koi/Turtle Pond, Private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). The only thing this un

Listing Details MLS# 782160

Contract Info

List Price/SqFt
296.96

Location

Area
03 – Bay County – Beach
Street #
8727
Street Name
Thomas
Street Suffix
Drive
Unit #
B17
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Sugar Beach Condo
Community/Resort
None
Waterfront
Yes
Gulf Access
Yes
Parcel ID
30189-035-000
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 B17 will just in front of you – no elevators and just a few feet from your car!!!
Legal Description
SUGAR BEACH CONDO APT #B-17 3BR 2B 1512 H&C ORB 435 P 268 ORB 3974 P 756 .

General Property Info

Sub-Type
Condominium
Floor Number
2
Design
Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled)
1512
SqFt Source
Prop App Site
Full Baths
3
Total Baths
3
# of Stories in Building
3
Year Built
1974
Immediate Occupancy
Yes
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
0x0
Pool
Yes
Pool Type
Community

Status Change Info

Under Contract Date
2026-04-20
Sold Date
2026-05-29
Sold Price/SqFt
251.32

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
3097.93
HOA Frequency
Quarterly
HOA Annual Amount
12391.72
New Buyer Fee
No
Last Taxes
4828
Last Tax Year
2024
Brokerage Interest
No Interest
Condo Doc
Yes

Remarks & Misc

Remarks
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS! INVESTORS TAKE NOTICE… LOWEST PRICED 3 BEDROOM CONDO on the BEACH! 7% average ROI! You don't want to miss out on this one!!! Countless updates which include: kitchen counter tops and coastal backsplash, stainless appliances, drop panel ceiling (kitchen/hall area) with energy efficient lighting, tile flooring downstairs, LVP flooring in downstairs bedroom/on the stairs/upstairs, and new hurricane sliding doors and windows. Over $70k invested in the last 2 years!!! Sugar Beach is one of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, a HUGE greenspace with incredible Koi/Turtle Pond, Private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). The only thing this unit needs to be transformed into a RENTAL BEAST is some updated furniture. Less than $10k will COMPLETELY transform this unit and you should match the others in the complex which average $65k annually. Some of the 3 bedrooms even do $80k a year!!! The needed furniture has been factored into the price, and this one will be grabbed up quick considering it is over $40k cheaper than the next comp! The potential at this price is UNLIMITED, so don't miss out on this incredible Steal of a Deal!!!

More Information

Balcony

First
Yes
Second
Yes

Master Bathroom

Second
Yes

Association Fees Include

BBQ Pit/Grill
Yes
Beach
Yes
Community Room
Yes
Dumpster
Yes
Gated Community
Yes
Picnic Area
Yes
Pool
Yes
Sewer
Yes
Tennis
Yes
Trash Disposal
Yes
Irrigation
Yes

Furnished

Furnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Rooms

Balcony
Yes
Bedroom
Yes
Full Bathroom
Yes
Kitchen
Yes
Living Room
Yes
Master Bathroom
Yes
Master Bedroom
Yes

Utilities

TV Cable
Yes
Electricity – Connected
Yes
Garbage
Yes
Phone – Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Full Bathroom

First
Yes
Second
Yes

Waterfront Type

Other
Yes

Master Bedroom

Second
Yes

Bedroom

First
Yes
Second
Yes

Property Features

Full Bathroom: First; Second Master Bedroom: Second Bedroom: First; Second Association Fees Include: BBQ Pit/Grill; Beach; Community Room; Dumpster; Gated Community; Irrigation; Picnic Area; Pool; Sewer; Tennis; Trash Disposal Furnished: Furnished Kitchen: First Living Room: First Balcony: First; Second Master Bathroom: Second Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom Utilities: TV Cable; Electricity – Connected; Garbage; Phone – Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Other

Room Information

Room Name Level Dimensions Length Width
Bedroom First 11 x 9 11.00 9.00
Master Bedroom Second 14 x 16 14.00 16.00
Bedroom Second 14 x 14 14.00 14.00
Living Room First 14 x 13 14.00 13.00
Kitchen First 11 x 8 11.00 8.00
Full Bathroom First 11 x 8 11.00 8.00
Master Bathroom Second 11 x 8 11.00 8.00
Full Bathroom Second 11 x 8 11.00 8.00
Balcony First 14 x 7 14.00 7.00
Balcony Second 14 x 7 14.00 7.00
Listing Office: Beachy Beach Real Estate
Last Updated: May – 29 – 2026
Information deemed reliable but not guaranteed.