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$380,000
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Property Description
The Investor's Trifecta!!! LOWEST OVERALL PRICE, LOWEST Sq/Ft PRICE, and some of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach! This is the ONLY condo in town that offers all 3! And when you consider that highly anticipated development is taking place on both sides of the complex - this truly is the right opportunity, in the right location, at the right price, at EXACTLY the right time!!! Let's look at the facts... Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: Most people come to PCB for the breathtaking Gulf views, and being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond. Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable... LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer. Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property. For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!! And did I mention that Tootsies is looking to open its very first beach bar just 2 doors down? How about the highly anticipated Margaritaville a few doors down the other direction?!? Yep... talk about KILLER location!!! AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It 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 you have true competitive advantage with this one. 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! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB! PRICE: Last but not CERTAINLY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! The average 3 bedroom in Sugar Beach brings in over $65k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 11% on a financed purchase - which is unheard of nowadays. Welcome Home!
Full Property Details
Full Property Details for 8727 Thomas Dr #UNIT B17
General
- Sold For: $380,000
- Taxes: $4,937 (2025)
- Status: Closed
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 995132
- Added to Site: 151 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Dumpster, Gated Community, Laundry, Pets Allowed, Picnic Area, Tennis, TV Cable, Waterfront
Interior
- Number of Rooms: 10
- Interior Features: Lighting Recessed, Owner's Closet, Split Bedroom, Washer/Dryer Hookup
- Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Washer, Water Heater - Elect
- Furnishings: Furnished - All
- Flooring: Floor Laminate, Floor Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Pool: Yes
- Pool Description: Pool - In-Ground, Pool Type
Exterior
- Exterior Features: Balcony, BBQ Pit/Grill, Tennis Court
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: SUGAR BEACH T/H
- Driving Directions: Traveling East on Thomas Dr, turn right on 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 in to the complex,
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Management, Other Utilities, Security, Sewer, Water, Cable TV, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
- Heating/Cooling: Central, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Stories/Levels: 3
- Square Feet: 1,512
- Sq. Ft. Source: County PA Records
- Year Built: 1974
Lot Features
- Property View: Pond, Lake, Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Unit Waterfront, Lake, Pond
Financial Considerations
- Assessment Amount: $3,097
- Tax Amount: $4,937.16
- Tax Year: 2025
Disclosures and Reports
- Legal Description: Sugar Beach Condo Apt #B-17 3Br 2B 1512 H&C Orb 435 P 268 Orb 3974 P 756 .
- APN: 30189-035-000
- Property ID: 30189-035-000
Listed and Sold by Beachy Beach Real Estate
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Price & Sales History for 8727 Thomas Dr #UNIT B17
Date
Details
Price
Change
Source
5/29/2026
Sold
$380,000
-15.37%
MLS
4/13/2026
Price Reduced
$449,000
-0.66%
MLS
2/20/2026
Price Reduced
$452,000
-0.33%
MLS
2/13/2026
Price Reduced
$453,500
-0.33%
MLS
2/12/2026
Listed
$455,000
—
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 #UNIT B17, Panama City Beach, FL 32408 (MLS# 995132) is a Condo property that was sold at $380,000 on May 29, 2026. Want to learn more about 8727 Thomas Drive #UNIT B17? 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.

