8727 Thomas Drive B6, Panama City, FL 32408

New Listing
$460,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,512 Status: Active
Current Price: $460,000 List Date: 8/31/2026 Last Modified: 9/01/2026

Overview

Description

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

Open Houses

  • Today, 10:30 am – 12:30 pm
  • Tomorrow, 12:00 pm – 2:00 pm

Listing Details MLS# 794799

Contract Info

List Price/SqFt
304.23

Location

Area
03 – Bay County – Beach
Street #
8727
Street Name
Thomas
Street Suffix
Drive
Unit #
B6
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
30189-024-000
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 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!!!
Legal Description
SUGAR BEACH CONDO APT #B-6 3BR 2B 1512 H&C ORB 1875 P 1024

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
Accessory Dwelling Unit
No
Year Built
1974
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
N/A
Pool
Yes
Pool Type
Community

Listing Info, Tax and Legal

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 & Misc

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!!!

Balcony

First
Yes
Second
Yes

More Information

Pool Features

Fenced
Yes
Inground
Yes
Pool House
Yes

Appliances

Dishwasher
Yes
Dryer
Yes
Oven – Electric
Yes
Refrigerator
Yes
Washer
Yes
Water Heater – Electric
Yes

Interior Features

Floor – Tile
Yes
Floor – Vinyl Plank
Yes
Lighting – Recessed
Yes
Skylight(s)
Yes
Split Bedroom
Yes
Window – Treatment All
Yes

Construction/Siding

Concrete
Yes
Roof – Membrane
Yes
Siding – Stucco
Yes

Exterior

Balcony
Yes
Patio Covered
Yes
Storm Doors
Yes
Storm Windows
Yes

Other Structures

Tennis Court(s)
Yes

Association Fees Include

BBQ Pit/Grill
Yes
Beach
Yes
Community Room
Yes
Dumpster
Yes
Ground Keeping
Yes
Laundry
Yes
Picnic Area
Yes
Pool
Yes
Security
Yes
Tennis
Yes
Trash Disposal
Yes
TV Cable
Yes
Water
Yes
Irrigation
Yes

Financing

Cash
Yes
Other
Yes

Furnished

Furnished
Yes

Interior

Smart Thermostat
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Coastal Construction Control Line
Yes
Dedicated Beach
Yes
Landscaped
Yes
Near Beach Access
Yes
Retention Pond
Yes
Sand Dunes
Yes
Sidewalk
Yes
Waterfront
Yes

Lot Access

City Street
Yes

Parking Features

Gated
Yes
Parking Lot
Yes

Present Zoning

Resid Multi-Family
Yes

Association Amenities

BBQ Pit/Grill
Yes
Beach
Yes
Community Room
Yes
Conference Center
Yes
Dumpster
Yes
Gated Community
Yes
Laundry
Yes
Picnic Area
Yes
Pool
Yes
Tennis
Yes
Waterfront
Yes
Pickle Ball
Yes
Shuffleboard Court
Yes

Rooms

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

Utilities

TV Cable
Yes
Electricity – Connected
Yes
Internet – Broadband Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Gulf
Yes
Other – See Remarks
Yes

Sale Type

As Is
Yes

Full Bathroom

First
Yes
Second
Yes

Waterfront Type

Other
Yes

Primary Bedroom

Second
Yes

Bedroom

First
Yes
Second
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Primary Bdrm/Primary Bath

MBath Shower Only
Yes
MBed Balcony
Yes

Primary Bathroom

Second
Yes

Security Features

Gated Community
Yes
Security Fence
Yes
Security Gate
Yes
Security Lights
Yes
Smoke Detector(s)
Yes

Property Features

Appliances: Dishwasher; Dryer; Oven – Electric; Refrigerator; Washer; Water Heater – Electric Full Bathroom: First; Second Primary Bedroom: Second Bedroom: First; Second Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony; Patio Covered; Storm Doors; Storm Windows Association Fees Include: BBQ Pit/Grill; Beach; TV Cable; Community Room; Dumpster; Irrigation; Laundry; Ground Keeping; Picnic Area; Pool; Security; Tennis; Trash Disposal; Water Financing: Cash; Other Furnished: Furnished Interior: Smart Thermostat Kitchen: First Living Room: First Lot Features: Coastal Construction Control Line; Dedicated Beach; Landscaped; Near Beach Access; Retention Pond; Sand Dunes; Sidewalk; Waterfront Lot Access: City Street Balcony: First; Second Primary Bathroom: Second Pool Features: Fenced; Inground; Pool House Security Features: Gated Community; Security Fence; Security Gate; Security Lights; Smoke Detector(s) Parking Features: Gated; Parking Lot Other Structures: Tennis Court(s) Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Gated Community; Laundry; Conference Center; Pickle Ball; Picnic Area; Pool; Shuffleboard Court; Tennis; Waterfront Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Primary Bathroom; Primary Bedroom Sale Type: As Is Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Other Waterview: Gulf; Other – See Remarks Present Zoning: Resid Multi-Family

Room Information

Room Name Level Dimensions Length Width
Bedroom First 11 x 9 11.00 9.00
Primary Bedroom Second 11 x 16 11.00 16.00
Bedroom Second 11 x 14 11.00 14.00
Living Room First 14 x 13 14.00 13.00
Kitchen First 11 x 8 11.00 8.00
Full Bathroom First 5 x 8 5.00 8.00
Primary Bathroom Second 5 x 14 5.00 14.00
Full Bathroom Second 5 x 8 5.00 8.00
Balcony First 7 x 11 7.00 11.00
Balcony Second 7 x 11 7.00 11.00
Listing Office: Beachy Beach Real Estate
Last Updated: September – 01 – 2026
Information deemed reliable but not guaranteed.