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$480,000
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Property Description
LOWEST PRICED 3 bed / 3 bath condo on the ENTIRE BEACH!!! Experienced investors are trained to ''love'' the number and simply ''like'' the property, but why not have both? This is by far the LOWEST PRICED comp in the entire town that is this close to the sand, and if pricing wasn't an instant attention grabber... it also has some of the lowest HOA fee's of all the comps!Simply put, you will not find a 3 bedroom condo on the beach with views like this. Only a few feet from the sand, you can go from your incredible condo to the emerald green waters before folks in other communities can even catch an elevator! That's right... park directly at your door, and within seconds, find your toes in the sand and your soul soaking in the sun. A key requirement for generating strong rentals is location, and the prime location is where this condo TRULY outshines all other competition. For the kiddos, there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, souvenir shops, and the list goes on! For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's! To make it even better, Tootsies will be opening their highly anticipated Beach Bar just 2 doors down - where big name band's will undoubtedly be brought back to the beach. No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!! Although the legendary action of Thomas Dr is right outside your front door, if it's peace and quiet you seek, you will lose yourself in the serenity of the lush and peaceful oasis of Sugar Beach. Offering one of the largest and most unique greenspaces in all of PCB, this incredible community offers ample room to stretch your legs while walking the well-manicured path around the pristine sprawling koi/turtle pond. You will not find another property in town that is directly on the beach - yet also offers such an incredible courtyard with a pool, tennis/pickleball courts, shuffleboard, a grilling area, a community clubhouse, a private gated beach access, and over 375 feet of incredible beach access! Sugar Beach 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 when it comes to rentals, you find yourself with a true competitive advantage. 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! This amazing unit has already been updated with over $50k in upgrades: All new hurricane doors and windows in 2024, newly remodeled bathrooms upstairs, new LVP and Tile flooring in most areas, custom woodwork in the living room and stairs, etc. It is turnkey and ready to go!!! With many 3 bedroom units in Sugar Beach generating $60k+ annually in rentals... One look at the numbers, one look at the condo, and one look at the location - and you will become a firm believer. This condo genuinely has it all and will turn an incredible profit - while creating unforgettable lifetime memories for years to come. Welcome to Paradise!!!
Full Property Details
Full Property Details for 8727 Thomas Dr #B13
General
- Sold For: $480,000
- Status: Closed
- Type: Condo /Townhouse
- Source: Emerald_Coast
- MLS ID: 985861
- Added to Site: 118 day(s) ago
Interior
- Rooms/Areas: Balcony, Bedroom, Full Bathroom, Kitchen, Living Room, Master Bathroom, Master Bedroom
- Interior Features: Breakfast Bar, Ceiling Crwn Molding, Floor Laminate, Floor Tile, Furnished - All, Owner's Closet, Skylight(s), Washer/Dryer Hookup
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Washer
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Living Room: Living Room
- Kitchen: Kitchen
Additional Information
- Shared Amenities: BBQ Pit/Grill, Beach, Community Room, Dumpster, Gated Community, Laundry, Pets Allowed, Pickle Ball, Picnic Area, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
- Pool: Yes
Exterior
- Exterior Features: BBQ Pit/Grill, Patio Open, Pool - Enclosed, Pool - In-Ground, Tennis Court
- Patio/Balcony: Balcony
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: Sugar Beach Condominiums
- Driving Directions: Traveling East on Thomas Dr, turn right onto 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 into the complex, turn left, and B13 will be near the beach on the right. No elevators and just a few feet from your car!
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Heating & Cooling
- Heating/Cooling: Ceiling Fans, Double Pane Windows, Insulated Doors
Utilities
- Utility Description: Electric, Public Sewer, Public Water, TV Cable
Structural Information
- Construction: Concrete, Roof Membrane, Slab, Stucco
- Stories/Levels: 0
- Square Feet: 1,512
- Sq. Ft. Source: County PA Records
- Year Built: 1974
Lot Features
- Property View: Gulf, Pond
Water Features
- Water Front Type: Pond
Financial Considerations
- Assessment Amount: $3,043
- Assmt Payment Freq: Quarterly
- Terms: Conventional
Disclosures and Reports
- Legal Description: SUGAR BEACH CONDO APT #B-13 3BR 2B 1512 H&C ORB 435 P 268 . ORB 4222 P 2175
- Assessment: Yes
- APN: 30189-031-000
Listed by Beachy Beach Real Estate
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Price & Sales History for 8727 Thomas Dr #B13
Date
Details
Price
Change
Source
11/17/2025
Sold
$480,000
-1.84%
MLS
9/30/2025
Price Reduced
$489,000
-2%
MLS
9/21/2025
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8727 Thomas Drive #B13, Panama City Beach, FL 32408 (MLS# 985861) is a Condo / Townhouse property that was sold at $480,000 on November 17, 2025. Want to learn more about 8727 Thomas Drive #B13? Do you have questions about finding other Condo / Townhouse real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

