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
…
(Read more)
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!!!
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.