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$268,000 Just Listed
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Property Description
Discover the laid-back coastal lifestyle of Sugar Beach, a gated beachfront community in the heart of Panama City Beach. This well-positioned condo offers the ideal combination of beach access, pool proximity, resort-style amenities, convenience, and investment potential. Whether you're searching for a vacation getaway, a second home, or an income-producing property, Sugar Beach provides an appealing setting just minutes from the area's popular dining, entertainment, shopping, golf, boating, and family-friendly attractions. The community's beachfront location makes it easy to enjoy long days in the sun, while the convenient location puts everything Panama City Beach has to offer within easy reach. Residents and guests enjoy convenient parking near their units, eliminating the hassle of navigating crowded parking areas or elevators. Sugar Beach offers an impressive array of amenities designed for both relaxation and recreation, including private gated beach access, a resort-style swimming pool, two tennis courts, shuffleboard, a community room with kitchen, ping pong, and a beautifully landscaped pond featuring koi and turtles. Outdoor grilling areas provide the perfect place to gather after a day at the beach. The quarterly HOA fee includes water, trash, cable, exterior insurance, grounds maintenance, 24-hour video surveillance, and access to the community's extensive amenities. Daily on-site maintenance and weekday on-site property management add another level of convenience for owners. With its beachfront setting, desirable amenities, and proximity to Panama City Beach's restaurants, attractions, and entertainment, Sugar Beach offers an exceptional opportunity to enjoy the coastal lifestyle while maintaining strong flexibility for personal use or rental potential. Come experience all that this community has to offer and make your own piece of Panama City Beach paradise yours.
Full Property Details
Full Property Details for 8727 Thomas Dr #E8
General
- Price: $268,000
- HOA FEE: $467/month
- HOA FEE FREQ.: Quarterly
- Taxes: $2,429 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 794575
- Updated: 8/25/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary
- Appliances: Electric Cooktop, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Pool: Yes
- Pool Description: Community
- Tennis: Yes
- Security/Safety: Gated Community
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Patio
Parking
- Parking Features: No Garage, Parking Lot
Location
- County: Bay
- Subdivision: Sugar Beach Condo
- Driving Directions: Take Joan Ave. to Thomas Dr., condo will be on your right.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Insurance, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Trash
Heating & Cooling
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Phone Connected
Structural Information
- Architectural Style: Low Rise
- Construction: Stucco
- Sq. Ft. Source: Appraiser
- Year Built: 1974
Lot Features
- Property View: Gulf
- Lot Features: Paved
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Other, Shoreline - Sand, Shoreline - Natural
- Water Front View: Other, Shoreline - Sand, Shoreline - Natural
Financial Considerations
- Association Fee: $1,400
- Assoc Fee Freq.: Quarterly
- Tax Amount: $2,429.75
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SUGAR BEACH CONDO APT #E-8 1BR 1B 752 H&C ORB 435 P 268 ORB 2610 P 2350
- Property ID: 30189-136-000
Listed by Avenue Realty
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Price & Sales History for 8727 Thomas Dr #E8
Date
Details
Price
Change
Source
8/25/2026
Listed
$268,000
257.33%
MLS
4/21/1999
Sold
$75,000
—
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 #E8
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,908
-20%
$220,718
-3%
2024
$2,385
4%
$226,794
-1%
2023
$2,300
36%
$229,547
46%
2021
$1,689
-9%
$157,250
-12%
2022
$1,847
9%
$178,500
47%
2021
$1,689
42%
$121,550
50%
2019
$1,186
-8%
$81,266
10%
2018
$1,284
22%
$73,878
-30%
2017
$1,052
12%
$105,280
13%
2016
$940
—
$93,285
68%
2015
$938
10%
$55,505
10%
2014
$850
63%
$50,459
10%
2013
$521
—
$45,872
—
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 #E8
8727 Thomas Drive #E8, Panama City, FL 32408 (MLS# 794575) is a Condo property with 1 bedroom and 1 full bathroom. 8727 Thomas Drive #E8 is currently listed for $268,000 and was received on August 25, 2026. Want to learn more about 8727 Thomas Drive #E8? 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.

