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8727 Thomas Drive #C11, Panama City Beach, FL 32408
$540,000
8727 Thomas Drive #C11, Panama City Beach, FL 32408View this property at 8727 Thomas Drive #C11, Panama City Beach, FL 32408
8727 Thomas Drive #C11Panama City BeachFL32408
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Property Description
In a world where the power of the dollar has seemingly gotten weaker each day, isn't it about time that you took control of your financial future?Stocks, bonds, cryptocurrency, and nearly every other form of investment has proven to drastically rise and fall with the economy - but throughout US history, real estate has truly withstood the test of time. In fact, 2 bed / 2 bath condos have averaged a 6.8% annual appreciation over the past 20+ years. That amounts to well over $30k a year for a $500k condo!!!In addition to the incredible annual appreciation, this is one of the few comps (of the nearly 200) on the beach that will truly generate a positive return on investment each year. Listed as one of the lowest priced and lowest HOA's of all comps, this one will truly cover its costs as you build wealth for years to come.Now that I have your attention, it might be well worth your time to take a look at this hidden gem. Finding another condo this close to the sugar white sands and the emerald hued gulf is virtually impossible, and the breathtaking sunset views from the private balcony will permanently change your latitude and attitude!This 2nd floor slice of paradise boasts the best views in PCB, a brand-new HVAC system, brand new water heater, brand new coastal colored LVP flooring, brand new paint, and will soon have brand new hurricane sliding glass doors and windows! That's right... all the big-ticket items are already taken care of - leaving you set for years to come!Sugar Beach is one of the most unique complexes on the beach as it is pet friendly (giving you a competitive rental advantage), allows you to park at your door (no elevators), enjoys one of the largest courtyard/greenspaces in all of PCB, and is literally seconds away form all the best attractions PCB has to offer (dining, amusement rides, mini golf, bars, live music, and the list goes on)!Perfectly situated in the heart of Thomas Drive, Sugar Beach is a unlike any other community in town. One visit, and you will forever consider this serene oasis home!!!
Full Property Details
Full Property Details for 8727 Thomas Dr #C11
General
- Sold For: $540,000
- HOA FEE: $528/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,179 (2022)
- Status: Closed
- Type: Condo
- MLS ID: 749047
- Added to Site: 203 day(s) ago
Interior
- Interior Features: New Paint, Split Bedrooms
- Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Disposal, Refrigerator
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Plank, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Additional Information
- Shared Amenities: Beach Rights, Gated, Picnic Area
- Pool: Yes
- Pool Description: Fenced, In Ground, Community, Pool
- Tennis: Yes
- Security/Safety: Security Gate, Gated Community, Smoke Detector(s), Security Lights, 24 Hour Security
Exterior
- Exterior Features: Balcony, Fully Fenced, Outdoor Grill, Pool
- Porch/Patio/Deck: Balcony, Open, Patio, Porch
Parking
- Parking Features: Additional Parking, 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 key pad, pull in to the complex and turn right. Follow the perimeter around to the backside of the complex. Unit #C11 will be in the middle of the ocean front building at the very end of the parking lot!
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: Clubhouse, Cable TV, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, ENERGY STAR Qualified Equipment
- Heating Type: Central, ENERGY STAR Qualified Equipment
Utilities
- Water: Public
- Utility Description: Electricity Available, High Speed Internet Available, Phone Available, Trash Collection, Water Available
Structural Information
- Architectural Style: Low Rise
- Construction: Concrete
- Roof: Flat
- Stories/Levels: 3
- Square Feet: 1,086
- Sq. Ft. Source: Plans
- Living Area: 1,086 Sq. Ft.
- Year Built: 1974
- Other Struct. Feat.: Dumpster
Additional Structures
- Other Structures: Tennis Court(s), Pool House
Lot Features
- Property View: Gulf, Pond
- Lot Dimensions: 0 x 0
- Frontage: City Street, Paved
- Sidewalks: Yes
- Lot Features: Landscaped, Waterfront
- Zoning: Resid Multi-Family, Resid Single Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand, Waterfront
- Water Front View: Gulf, Shoreline - Sand, Waterfront
Financial Considerations
- Association Fee: $1,584
- Assoc Fee Freq.: Quarterly
- Tax Amount: $3,179
- Tax Year: 2022
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Special Conditions: Listed As-Is
- Legal Description: SUGAR BEACH CONDO APT #C-11 2BR 2B 1086 H&C ORB 775 P 727 . ORB 4615 P 121
- Property ID: 30189-047-000
Listed and Sold by Beachy Beach Real Estate
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Schools
Schools serving 8727 Thomas Dr #C11
School District:Bay District Schools
Rating | Name | Grades | Distance |
---|---|---|---|
601 N Richard Jackson Blvd, P C Beach, FL 32407 | PK-8 | 2.6 mi | |
550 N Alf Coleman Rd, P C Beach, FL 32407 | 9-12 | 2.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
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 #C11
Date
Details
Price
Change
Source
1/30/2024
Sold
$540,000
-4.42%
MLS
11/08/2023
Listed
$565,000
—
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 #C11, Panama City Beach, FL 32408 (MLS# 749047) is a Condo property that was sold at $540,000 on January 30, 2024. Want to learn more about 8727 Thomas Drive #C11? 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.