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$449,000
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Property Description
INVESTORS TAKE NOTICE... LOWEST PRICED 3 BEDROOM CONDO on the BEACH! 7% average ROI! You don't want to miss out on this one!!! Countless updates which include: kitchen counter tops and coastal backsplash, stainless appliances, drop panel ceiling (kitchen/hall area) with energy efficient lighting, tile flooring downstairs, LVP flooring in downstairs bedroom/on the stairs/upstairs, and new hurricane sliding doors and windows. Over $70k invested in the last 2 years!!! Sugar Beach is one of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, a HUGE greenspace with incredible Koi/Turtle Pond, Private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). The only thing this unit needs to be transformed into a RENTAL BEAST is some updated furniture. Less than $10k will COMPLETELY transform this unit and you should match the others in the complex which average $65k annually. Some of the 3 bedrooms even do $80k a year!!! The needed furniture has been factored into the price, and this one will be grabbed up quick considering it is over $40k cheaper than the next comp! The potential at this price is UNLIMITED, so don't miss out on this incredible Steal of a Deal!!!
Full Property Details
Full Property Details for 8727 Thomas Dr #B17
General
- Price: $449,000
- Taxes: $4,828 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 782160
- Updated: 4/5/2026
- Added to Site: 143 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Beach Rights, Gated, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: Community
Exterior
- Porch/Patio/Deck: Balcony
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 right, and B17 will just in front of you - 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
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: Low Rise
- Stories/Levels: 3
- Sq. Ft. Source: Appraiser
- Year Built: 1974
Lot Features
- Lot Dimensions: 0 x 0
Water Features
- Water Front: Yes
- Water Front Desc.: Other
- Water Front View: Other
Financial Considerations
- Tax Amount: $4,828
- Tax Year: 2024
Disclosures and Reports
- Legal Description: SUGAR BEACH CONDO APT #B-17 3BR 2B 1512 H&C ORB 435 P 268 ORB 3974 P 756 .
- Property ID: 30189-035-000
Listed by Beachy Beach Real Estate
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Price & Sales History for 8727 Thomas Dr #B17
Date
Details
Price
Change
Source
3/06/2026
Price Reduced
$449,000
-0.33%
MLS
2/27/2026
Price Reduced
$450,500
-0.33%
MLS
2/20/2026
Price Reduced
$452,000
-0.33%
MLS
2/13/2026
Price Reduced
$453,500
-0.33%
MLS
11/28/2025
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.
Tax History
Tax History for 8727 Thomas Dr #B17
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,096
-15%
$443,785
-3%
2024
$4,828
7%
$456,002
-1%
2023
$4,520
53%
$461,536
81%
2021
$2,953
-4%
$255,000
-3%
2022
$3,075
4%
$263,500
28%
2021
$2,953
46%
$205,700
29%
2019
$2,016
-16%
$158,950
-17%
2018
$2,407
18%
$191,651
7%
2017
$2,038
10%
$178,500
12%
2016
$1,849
6%
$158,760
10%
2015
$1,751
4%
$143,990
10%
2014
$1,685
29%
$130,900
10%
2013
$1,302
—
$119,000
—
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 #B17
8727 Thomas Drive #B17, Panama City, FL 32408 (MLS# 782160) is a Condo property with 3 bedrooms and 3 full bathrooms. 8727 Thomas Drive #B17 is currently listed for $449,000 and was received on November 28, 2025. Want to learn more about 8727 Thomas Drive #B17? 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.

