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8727 Thomas Drive , B17

Panama City, FL 32408
  • $455,000
  • STATUS: Active
  • ON SITE: 50 Days
  • MLS #: 782160
UPDATED: 35 min ago
$455,000
  • 3
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,512
    SQFT
  • $301
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1974
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

The Investor's Trifecta!!! LOWEST OVERALL PRICE, LOWEST Sq/Ft PRICE, and some of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach! This is the ONLY condo in town that offers all 3! And when you consider that highly anticipated development is taking place on both sides of the complex - this truly is the right opportunity, in the right location, at the right price, at EXACTLY the right time!!! 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!

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-01-18T09:04:01.443.
www.wavesandwoodsfl.com/homes/170956214
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8727 Thomas Drive , B17 Panama City, FL 32408

  • Price: $455,000
  • Status: Active
  • On Site: 50 Days
  • Updated: 35 min ago
  • MLS #: 782160
3
Beds
3
Baths
0
½ Baths
N/A
Acres
1,512
SQFT
$301
$/SQFT
1974
Built
Neighborhood:
Sugar Beach Condo
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
The Investor's Trifecta!!! LOWEST OVERALL PRICE, LOWEST Sq/Ft PRICE, and some of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach! This is the ONLY condo in town that offers all 3! And when you consider that highly anticipated development is taking place on both sides of the complex - this truly is the right opportunity, in the right location, at the right price, at EXACTLY the right time!!! 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!
Exterior Features

Architectural Style Low Rise Garage YN No Levels Three Or More Patio And Porch Features Balcony Pool Features Community Stories 3

Interior Features

Rooms Other (Second Level) Other (First Level) Full Bath (Second Level) Primary Bathroom (Second Level) Full Bath (First Level) Kitchen (First Level) Living Room (First Level) Bedroom (Second Level) Primary Bedroom (Second Level) Bedroom (First Level) Units Furnished All Units

Property Features

Association Amenities Beach Rights Gated Barbecue Picnic Area Association YN Yes Community Features Community Pool Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 0x0 New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Sewer Public Sewer Tax Annual Amount 4828 Tax Year 2024 Utilities Cable Connected

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Beachy Beach Real Estate: 850-233-4351. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-01-18T09:04:01.443.
 
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