8727 Thomas DR #A7, Panama City, FL 32408
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8727 Thomas DR #A7, Panama City, FL 32408
8727 Thomas DR #A7, Panama City, FL 32408
8727 Thomas DR #A7, Panama City, FL 32408
8727 Thomas DR #A7, Panama City, FL 32408
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Open Wed 11:30AM-1PM

8727 Thomas DR #A7 Panama City, FL 32408

4 Beds

3 Baths

1,750 SqFt


Open House

Wed Nov 04, 11:30am - 1:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,750 sqft

Price per Sqft $365

Subdivision Sugar Beach Condo

MLS Listing ID 797357

Style Low Rise

Bedrooms 4

Full Baths 3

HOA Fees $3,238/qua

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $6,547

Tax Year 2025

Property Sub-Type Condominium

Property Description

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!

Location

State FL

County Bay

Community Barbecue, Beach, Clubhouse, Conference/Meeting Room, Game Room, Laundry Facilities, Park, Pool, Tennis Court(S), Waterfront, Community Pool, Gated, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Interior Steps, Smart Thermostat, Tub Shower, Upper Level Primary

Heating Central

Cooling Central Air, Ceiling Fan(s)

Fireplace No

Appliance Electric Oven, Electric Water Heater

Exterior

Parking Features Gated, Parking Lot

Pool In Ground, Community

Community Features Barbecue, Beach, Clubhouse, Conference/Meeting Room, Game Room, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed

Utilities Available Cable Connected

Amenities Available Beach Rights, Game Room, Gated, Barbecue

Waterfront Description Other,Shoreline - Sand

View Y/N Yes

Water Access Desc Other,Shoreline - Sand

View Gulf, Other, Water

Roof Type Flat,Membrane

Porch Balcony, Covered, Patio

Private Pool No

Building

Lot Description Paved

Story 3

Entry Level Three Or More

Sewer Public Sewer

Architectural Style Low Rise

Level or Stories Three Or More

Additional Building Pool House, Tennis Court(s)

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

HOA Fee Include Clubhouse,Cable TV,Laundry,Maintenance Grounds,Pool(s),Sewer,Tennis Courts,Trash,Water

Restrictions Short Term Rentals Allowed

Tax ID 30189-008-000

Security Features Closed Circuit Camera(s),Gated Community,24 Hour Security,Security Lights,Security Gate,Smoke Detector(s)

Financing Other

Special Listing Condition Listed As-Is


Listed by Beachy Beach Real Estate

Schools and Properties Nearby

Kerry Jayne Jackson

Kerry Jayne Jackson

Broker Associate License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty

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8727 Thomas DR #A7