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
- Active
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
This is the LOWEST PRICED 3 BEDROOM CONDO on the BEACH!!!
If being the best priced 3 bedroom condo on the beach doesn't get your attention, consider the fact that this one of a kind opportunity is only steps away from the highly anticipated Tootsie's Beach Bar (this establishment will transform Thomas Drive!).
At the end of the day, there simply isn't another condo available that offers such an unbelievable return on investment, AND certain appreciation!!!
Let's look at the facts...
Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price.
VIEW: Most people come to PCB for the breathtaking Gulf views, and being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond. Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable...
LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer.
Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property.
For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!
And did I mention that Tootsies is looking to open its very first beach bar just 2 doors down? How about the highly anticipated Margaritaville a few doors down the other direction?!? Yep... talk about KILLER location!!!
AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf-front rental destinations in the entire area.
Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one.
In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB!
PRICE: Last but not CERTAINLY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit!
The average 3 bedroom in Sugar Beach brings in over $65k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 11% on a financed purchase - which is unheard of nowadays.
Welcome Home!...
Contact an agent
Home facts
- Year built:1974
- Listing ID #:782160
- Added:110 day(s) ago
- Updated:March 19, 2026 at 02:37 PM
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
New listings near 8727 Thomas Drive #B17
- Open Sun, 1:30 to 3:30pmNew
$449,000Active3 beds 3 baths2,093 sq. ft.1233 Capri Drive, Panama City, FL 32405
MLS# 787015Listed by: SCENIC SOTHEBY'S INTERNATIONAL REALTY - New
$285,000Active4 beds 2 baths2,198 sq. ft.10631 S Fork Loop, Panama City, FL 32404
MLS# 787009Listed by: THINK REAL ESTATE - Open Sat, 11am to 2pmNew
$299,999Active3 beds 2 baths1,270 sq. ft.6660 Slabinski Lane, Panama City, FL 32404
MLS# 787010Listed by: COUNTS REAL ESTATE GROUP INC - New
$245,000Active1 beds 2 baths680 sq. ft.8730 S Thomas Drive #106, Panama City, FL 32408
MLS# 787007Listed by: THINK REAL ESTATE - New
$195,000Active2 beds 1 baths970 sq. ft.2100 W Beach Drive #D101, Panama City, FL 32401
MLS# 787008Listed by: COLDWELL BANKER REALTY - New
$99,000Active-- beds -- baths1,256 sq. ft.5319 Sunwood Road, Panama City, FL 32404
MLS# 787003Listed by: ANCHOR REALTY FLORIDA - New
$278,500Active2 beds 1 baths792 sq. ft.1729 Palmetto Avenue, Panama City, FL 32401
MLS# 998340Listed by: THE PREMIER PROPERTY GROUP SEACREST OFFICE - Open Sun, 11am to 2pmNew
$305,000Active3 beds 2 baths1,394 sq. ft.720 School Avenue, Panama City, FL 32401
MLS# 786994Listed by: KELLER WILLIAMS SUCCESS REALTY - New
Listed by ERA$799,000Active4 beds 3 baths3,002 sq. ft.13119 Airway Street, Panama City, FL 32404
MLS# 786995Listed by: ERA NEUBAUER REAL ESTATE INC - New
$360,000Active1 beds 1 baths745 sq. ft.9450 S Thomas Drive #2106D, Panama City, FL 32408
MLS# 786997Listed by: COLDWELL BANKER REALTY