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$325,000
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Property Description
Amazing Location! Welcome to Sugar Beach, one of Panama City Beach's most popular beachfront vacation resorts. This gated, pet-friendly community is beautifully maintained and offers a peaceful setting with lush landscaping and a large fish and turtle pond. Residents and guests enjoy outstanding amenities including a swimming pool, clubhouse, tennis courts, shuffleboard, BBQ area, and private beach access. This 2-bedroom, 2-bath ground-floor condo comes fully furnished and turnkey, making it ideal as a second home, vacation getaway, or investment property. Currently part of a successful short-term rental program, it offers immediate income potential. Just steps away from PCB's best restaurants, shopping, and nightlife, Sugar Beach combines serenity with convenience. Whether you're seeking a personal retreat or an income-producing rental, this charming condo is a perfect choice.
Full Property Details
Full Property Details for 8727 Thomas Dr #D5
General
- Price: $325,000
- Taxes: $3,420 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 778864
- Updated: 12/31/2025
- Added to Site: 129 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Gated, Picnic Area
- Pool: Yes
- Pool Description: In Ground, Community
- Tennis: Yes
- Security/Safety: Security Service
Exterior
- Porch/Patio/Deck: Covered, Porch
Parking
- Parking Features: Parking Lot
Location
- County: Bay
- Subdivision: Sugar Beach Condo
- Driving Directions: Located on the corner of Thomas Drive and Joan Ave. Entry Gate located on Joan Ave.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Utility Description: Sewer Available
Structural Information
- Architectural Style: Low Rise
- Sq. Ft. Source: Appraiser
- Year Built: 1974
Lot Features
- Lot Features: Paved
- Zoning: Resid Single Family
Financial Considerations
- Tax Amount: $3,420
- Tax Year: 2024
Disclosures and Reports
- Legal Description: SUGAR BEACH CONDO APT #D-5 2BR 1B 939 H&C ORB 435 P 268 . ORB 4345 P 528
- Property ID: 30189-116-000
Listed by The Travare Brokerage Firm
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Price & Sales History for 8727 Thomas Dr #D5
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$325,000
-4.41%
MLS
10/30/2025
Price Reduced
$340,000
-2.86%
MLS
9/11/2025
Listed
$350,000
48.31%
MLS
12/23/2020
Sold
$236,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8727 Thomas Dr #D5
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,420
6%
$283,191
-1%
2023
$3,239
33%
$286,628
47%
2021
$2,438
—
$195,500
—
2022
$2,446
—
$195,500
44%
2021
$2,438
61%
$136,000
18%
2019
$1,512
-12%
$115,600
1%
2018
$1,718
27%
$114,990
-7%
2017
$1,348
11%
$123,250
12%
2016
$1,216
5%
$109,863
27%
2015
$1,156
16%
$86,394
10%
2014
$999
26%
$78,540
10%
2013
$794
—
$71,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8727 Thomas Dr #D5
8727 Thomas Drive #D5, Panama City Beach, FL 32408 (MLS# 778864) is a Condo property with 2 bedrooms and 2 full bathrooms. 8727 Thomas Drive #D5 is currently listed for $325,000 and was received on September 11, 2025. Want to learn more about 8727 Thomas Drive #D5? Do you have questions about finding other Condo 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.

