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$550,000
8 Days On Site

8727 Thomas Drive C21
Panama City Beach, FL 32408

For Sale|Residential|Active
2
Beds
2
Total Baths
2
Full Baths
1,086
SqFt
$506
/SqFt
1974
Built
Subdivision:
Sugar Beach Condo
County:
Bay
Listing courtesy of Mindy A Koester of Epique Realty Inc
Call Now: (850) 296-7204
Is this the listing for you? We can help make it yours.
(850) 296-7204
8727 Thomas Drive C218727 Thomas Drive C218727 Thomas Drive C218727 Thomas Drive C21
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Monthly Payment (Est.)

$2,509
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Perched on the top floor of Sugar Beach Condominiums, Unit C21 delivers the rare combination buyers and renters crave most: true Gulf-front living, peaceful privacy, and walk-everywhere convenience. Chosen specifically for its oceanfront position and quiet setting, this fully updated 2-bedroom, 2-bath condo offers unobstructed Gulf views, vibrant sunsets, and the simple luxury of knowing no one is above you. Inside, the condo has been thoughtfully refreshed with upgrades that enhance both comfort and performance, including updated paint and lighting, HVAC, a dedicated dehumidifier system, newer windows and doors, smart TVs, an electric fireplace, and fully stocked kitchenware and furnishings. The space is bright, coastal, and calming. It is a place the owners describe as one that simply ''brings a lot of happiness'' and truly ''suits everyone.'' Step out onto the private Gulf-front balcony and take in sweeping water views, coastal breezes, and sunsets that never get old. Sugar Beach itself is known for its private, gated, peaceful, and family-oriented atmosphere, blending full-time residents with vacationers in a way that feels welcoming and relaxed. The community offers over 375 feet of private deeded beachfront, along with private beach access, a pool, clubhouse, tennis and pickleball courts, grilling areas, and beautifully landscaped grounds centered around the iconic koi and turtle pond. It's a resort-style setting without the congestion of high-rise living. No elevators, easy parking, and a quieter, more personal feel. Owners also benefit from some of the lowest HOA fees on Panama City Beach, which plays a major role in the long-term value and profitability of the property. One of the biggest highlights is the walkability. From the front gate, you're steps to a wide variety of restaurants, beach bars, live music venues, family attractions, shopping, arcades, mini golf, and entertainment along Thomas Drive. The excitement is only growing with Tootsies Orchid Lounge set to open just a few doors down, bringing a high-energy Nashville-style music scene right to your neighborhood, all without needing to drive. Whether you're looking for a serene personal retreat, a second home, or a proven short-term rental, this condo delivers. Sugar Beach is one of the only Gulf-front communities in PCB that allows pets, a major advantage that consistently drives higher demand and stronger occupancy. Unit C21 has averaged approximately $50,000-$60,000 annually in gross rental income without aggressive management, with seasonal nightly rates ranging from $250-$400 per night. When you combine Gulf-front location, top-floor privacy, low HOA fees, pet-friendly flexibility, and walkable entertainment, the ROI here simply makes sense. (Other units have done over $60k/$70k aggressively) Top floor. Gulf front. Quiet. Walkable. Proven. Unit C21 isn't just a condo. It's a lifestyle that keeps guests returning and owners smiling long after the sand is rinsed off.

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Listing Snapshot
Price 
$550,000
Days On Site 
8 Days
Bedrooms 
2
Inside Area (SqFt) 
1,086 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1974
MLS® Number 
784193
Status 
Active
Property Tax 
$5,862
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Building Features 
Dumpster
Parking 
Additional ParkingPavedParking LotGated
Security 
Gated CommunitySecurity LightsSecurity GateSmoke Detector(s)Security Service24 Hour Security
SqFt Total 
1086
Style 
LowRise
Utilities 
Electricity AvailablePhone Connected
Zoning 
Resid Multi-Family, Resid Single Family
Interior Features
Appliances 
Washer/Dryer StackedElectric CooktopElectric OvenElectric Water Heater
Cooling 
Central AirCeiling Fan(s)
Fireplace 
Yes
Fireplace Features 
Electric
Flooring 
Vinyl
Furnished? 
All Units
Heating 
CentralElectricFireplace(s)
Laundry Features 
Common Area
Bedroom 
Dimensions - 13 x 12Level - FirstDescription - Buyer to Verify if Important
Living Room 
Dimensions - 21 x 13Level - FirstDescription - Living Room & Dining Room Measurements (Buyer to Verify if Important)
PrimaryBedroom 
Dimensions - 15 x 14Level - FirstDescription - Buyer to Verify if Important
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Exterior Features
Exterior 
Balcony
Lot Features 
PavedWaterfront
Other Structures 
Pool HouseTennis Court(s)
Pool Features 
FencedIn GroundCommunity
Road Frontage 
City Street
Roof 
Flat
View 
Water
Waterfront 
Yes
Waterview 
Water
Community Features
Association Amenities 
GatedBarbecuePicnic Area
Community Features 
PoolGatedClubhouseParkTennis Court(s)
MLS Area 
03 - Bay County - Beach
Schools
School District
Unknown
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Listing courtesy of Mindy A Koester of Epique Realty Inc



Listing information is provided by Participants of the Central Panhandle Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Central Panhandle Association of REALTORS MLS.
Last checked: 2026-02-04 11:40 AM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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