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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
- Taxes: $5,036 (2024)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 778654
- Added to Site: 168 day(s) ago
Interior
- Number of Rooms: 9
- Interior Features: Interior Steps, Smart Thermostat
- Appliances: Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Gated, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: Fenced, In Ground, Community
- Tennis: Yes
- Security/Safety: Gated Community, Security Fence, Security Lights, Security System, Security Gate, Smoke Detector(s), Security Service
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio, Balcony
Parking
- Parking Features: Electric Gate, Gated, Parking Lot
Location
- County: Bay
- Subdivision: Sugar Beach Condo
- 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, 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
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, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: Low Rise
- Roof: Flat
- Windows: Double Pane Windows, Storm Window(s)
- Doors: Storm Door(s)
- Sq. Ft. Source: Appraiser
- Year Built: 1974
- Other Struct. Feat.: Dumpster
Additional Structures
- Other Structures: Tennis Court(s)
Lot Features
- Property View: Gulf, Lake
- Lot Dimensions: 0 x 0
- Frontage: City Street
- Lot Features: Paved
- Zoning: Resid Multi-Family, Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Shoreline - Sand
- Water Front View: Shoreline - Sand
Financial Considerations
- Tax Amount: $5,036
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SUGAR BEACH CONDO APT #B-13 3BR 2B 1512 H&C ORB 435 P 268 . ORB 4222 P 2175
- Property ID: 30189-031-000
Listed by Beachy Beach Real Estate
Sold by Beachy Beach Real Estate
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Schools
Schools serving 8727 Thomas Dr #B13
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 2.1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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
9/05/2025
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, FL 32408 (MLS# 778654) is a Condo 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 real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

