USAFLPanama CitySugar Beach CondoA7-8727 Thomas Drive
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New
Open House
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$640,000

For Sale

2 hours ago

A7 - 8727 Thomas Drive, Panama City, FL

Condo

MLS® 797357

4 Bed

3 Bath

1750 sqft

--

Open House
Wed Nov 4, 11:30 AM - 1:00 PM CST
  • Key Facts
  • Description
  • Map

Key Facts

Type Condominium
Levels Residential
Size 1750 sqft
Garage 
HOA Fees $3,239
Taxes $6,547
Days Active 0
Approx. Age 1974
Avg. Price Per Sqft $365
MLS® Number 797357

Property Address: a7-8727 Thomas Drive, Panama City, FL, 32408

Average square foot calculated using Size range provided by listing agent.

Description

Over $90k annually in ACTUAL rentals... Incredible ROI and CAP rates... Completely Remodeled... LOWEST PRICED 4-bedroom Condo you will find that offers everything an investor could dream of - and so much more! 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!
MLS® Number797357
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1974
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatCentral
A/CCentral Air, Ceiling Fans

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 3, 2026List Date
$640,000List Price
  • Commute

Commute

Starting Address
Destination Address
8727 Thomas Drive, Panama City, FL

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