8727 Thomas Drive #B17, Panama City, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
8727 Thomas Drive #B17,Panama City, FL 32408
$449,000
- 3 Beds
- 3 Baths
- 1,512 sq. ft.
- Condominium
- Pending
Listed by: garrett s aune
Office: beachy beach real estate
MLS#:782160
Source:FL_BCMLS
Price summary
- Price:$449,000
- Price per sq. ft.:$296.96
About this home
CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS!
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!!!...
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Home facts
- Year built:1974
- Listing ID #:782160
- Added:160 day(s) ago
- Updated:May 05, 2026 at 07:13 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:10
- Living area:1,512 sq. ft.
Structure and exterior
- Year built:1974
- Building area:1,512 sq. ft.
- Architectural Style:Low Rise
- Exterior Features:Balcony
- Levels:3 Story
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$449,000
- Price per sq. ft.:$296.96
- Tax amount:$4,828 (2024)
Features and amenities
- Amenities:Beach Rights, Gated, Picnic Area
- Pool features:Community
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