8727 Thomas DR #UNIT A7 Panama City Beach, FL 32408
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,750 sqft
Price per Sqft $365
Subdivision Sugar Beach T/H
MLS Listing ID 1015493
Bedrooms 4
Full Baths 3
HOA Fees $3,238/qua
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $6,547
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1750
Property Description
Sugar Beach is perfectly located right in the heart of the most desirable location on Thomas Drive. Everything a renter could ever want is right outside their door, and that is exactly why this absolutely gorgeous unit blows away the competition when it comes to rental income. The beach's best restaurants, the area's most iconic bars, the town's most recognizable attractions, and the world's most beautiful beaches... a better location simply doesn't exist!
Being pet friendly for renters offers a distinct advantage over almost every other complex on the beach, and the truly unique greenspace offers a tranquil Coy and Turtle pond that simply can't be found this close to the sand anywhere else in town. And with the entire complex being newly updated, the milestone inspection being passed with flying colors, and the association actually LOWERING the HOA dues this year, it is easy to see why Sugar Beach is one of the most sought-after communities in the Panhandle. And the condo itself... Absolutely gorgeous. Every inch has been remodeled inside and out with high end coastal flare, and the beach views are beyond breathtaking. With parking directly outside your door, 2 private patios overlooking the peaceful courtyard and beach, and enough room to sleep up to 12 people comfortably, this rental beast is truly unlike the others. And with the next closest comp being priced over $150k more, blink and you will likely miss this truly one-of-a-kind investment opportunity!
Location
State FL
County Bay
Community Short Term Rental - Allowed, Pickle Ball, Bbq Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pets Allowed, Picnic Area, Pool, Tennis, Tv Cable, Waterfront
Area 27 - Bay County
Direction 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 follow the parking lot all the way around to the back side of the complex. A7 will be 3/4 of the way towards the beach on your left - no elevators and just a few feet from your car!!!
Rooms
Primary Bedroom Level Upper
Master Bedroom true
Kitchen true
Interior
Interior Features Breakfast Bar, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Split Bedroom, Walls Mirrored, Washer/Dryer Hookup
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Tile
Furnishings Furnished - All
Window Features Skylight(s),Window Treatment All,Storm Windows
Appliance Dishwasher, Dryer, Microwave, Oven Self Cleaning, Smoke Detector, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Shower, Tennis Court, In-Ground Pool, Outdoor Shower, Balcony, Renovated
Pool Pool - In-Ground, Pool Type
Community Features Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
Utilities Available Electric, Public Water, TV Cable
Waterfront Description Pond
View Pond, Gulf
Roof Type Membrane
Garage No
Building
Faces 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 follow the parking lot all the way around to the back side of the complex. A7 will be 3/4 of the way towards the beach on your left - no elevators and just a few feet from your car!!!
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Pets Allowed No
HOA Fee Include Ground Keeping, Master Association, Sewer, TV Cable, Trash, Water
Tax ID 30189-008-000
NEARBY SCHOOL & BUSINESS
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