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$640,000
New Listing

8727 Thomas Drive A7
Panama City, FL 32408

For Sale|Condominium|Active
4
Beds
3
Total Baths
3
Full Baths
1,750
SqFt
$366
/SqFt
1974
Built
Subdivision:
Sugar Beach Condo
County:
Bay
Listing courtesy of Garrett S Aune of Beachy Beach Real Estate
Call Now: (850) 296-7204
Is this the listing for you? We can help make it yours.
(850) 296-7204
Upcoming Open Houses
Wed, Nov 4, 11:30 AM - 1:00 PM
8727 Thomas Drive A78727 Thomas Drive A78727 Thomas Drive A78727 Thomas Drive A7
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Over $90k annually in ACTUAL rentals... Incredible ROI and CAP rates... Completely Remodeled... LOWEST PRICED 4-bedroom Condo you will find that offers everything an investor could dream of - and so much more! Sugar Beach is perfectly located right in the heart of the most desirable location on Thomas Drive. Everything a renter could ever want is right outside their door, and that is exactly why this absolutely gorgeous unit blows away the competition when it comes to rental income. The beach's best restaurants, the area's most iconic bars, the town's most recognizable attractions, and the world's most beautiful beaches... a better location simply doesn't exist! Being pet friendly for renters offers a distinct advantage over almost every other complex on the beach, and the truly unique greenspace offers a tranquil Coy and Turtle pond that simply can't be found this close to the sand anywhere else in town. And with the entire complex being newly updated, the milestone inspection being passed with flying colors, and the association actually LOWERING the HOA dues this year, it is easy to see why Sugar Beach is one of the most sought-after communities in the Panhandle. And the condo itself... Absolutely gorgeous. Every inch has been remodeled inside and out with high end coastal flare, and the beach views are beyond breathtaking. With parking directly outside your door, 2 private patios overlooking the peaceful courtyard and beach, and enough room to sleep up to 12 people comfortably, this rental beast is truly unlike the others. And with the next closest comp being priced over $150k more, blink and you will likely miss this truly one-of-a-kind investment opportunity!

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Listing Snapshot
Price 
$640,000
Days On Site 
0 Days
Bedrooms 
4
Inside Area (SqFt) 
1,750 sqft
Total Baths 
3
Full Baths 
3
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1974
MLS Number 
797357
Status 
Active
Property Tax 
$6,547.08
HOA/Condo/Coop Fees 
$1,079.63 monthly
Sq Ft Source 
Appraiser
Friends & Family
Recent Activity
4 hours agoListing first seen on site
4 hours agoListing updated with changes from the MLS
General Features
Building Features 
Dumpster
Levels 
Three Or More
Number Of Stories 
3
Parking 
GatedParking Lot
Property Sub Type 
Condominium
Security 
Closed Circuit Camera(s)Gated CommunitySecurity LightsSecurity GateSmoke Detector(s)24 Hour Security
Sewer 
Public Sewer
SqFt Total 
1750
Style 
LowRise
Utilities 
Cable Connected
Zoning 
Resid Multi-Family
Interior Features
Appliances 
Electric OvenElectric Water Heater
Cooling 
Central AirCeiling Fan(s)
Furnished? 
All Units
Heating 
Central
Interior 
Smart Thermostat
Laundry Features 
Common Area
Window Features 
Storm Window(s)
Bedroom 
Dimensions - 11 x 10Level - Second
FullBath 
Dimensions - 11 x 7Level - Second
Kitchen 
Dimensions - 11 x 8Level - First
Living Room 
Dimensions - 26 x 14Level - FirstDescription - Gulf View - Living/Dining Combo
PrimaryBathroom 
Dimensions - 7 x 7Level - Second
PrimaryBedroom 
Dimensions - 16 x 14Level - SecondDescription - Gulf View!!!
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Exterior Features
Construction Details 
BlockHardiPlank TypeConcrete
Exterior 
Balcony
Lot Features 
PavedWaterfront
Other Structures 
Pool HouseTennis Court(s)
Patio And Porch 
CoveredPatio
Pool Features 
In GroundCommunity
Road Frontage 
City Street
Roof 
FlatMembrane
View 
WaterOther
Waterfront 
Yes
Waterview 
WaterOther
Windows/Doors 
Storm Window(s)
Community Features
Association Amenities 
PoolBeach RightsGame RoomGatedBarbecueClubhouseCable TVLaundryMaintenance GroundsTennis Court(s)TrashWater
Association Fee 
$3238.9
Association Fee Frequency 
Quarterly
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 Garrett S Aune of Beachy Beach Real Estate



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: 2026-11-04 01:18 AM UTC

Neighborhood & Commute
Source: Walkscore
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