About This Home

This 4-bedroom, 3-bathroom condo at 8727 Thomas Drive #A3 in Panama City, FL is listed for $560,000 ($320 per sqft). Built in 1974, the home offers 1,750 sqft of living space on a N/A lot.

Key Features

  • Built in 1974
  • Waterfront

Property Details

3 full
#A3
1974

Amenities

WaterfrontViewA/C
Listing Description

LOWEST PRICED 4 bed / 4 bath condo on the ENTIRE BEACH!!! Experienced investors are trained to ''love'' the number and simply ''like'' the property, but why not have both? This is by far the LOWEST PRICED comp in the entire town that is this close to the sand, and if pricing wasn't an instant attention grabber...

it also has some of the lowest HOA fee's! Simply put, you will not find a 4 bedroom condo on the beach that has this much to offer. Only a few feet from the sand, you can go from your incredible condo to the emerald green waters before folks in other communities can even catch the elevator to escape their floor.

That's right... park directly at your door, and within seconds, find your toes in the sand and your soul soaking in the sun. A key requirement for generating strong rentals is location, and the prime location is where this condo TRULY outshines all other competition.

For the kiddos, there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, souvenir shops, and the list goes on! For the adults, there are numerous bars/restaurants right outside your door - including the Famous Ms. Newby's!

To make it even better, Tootsies just opened their highly anticipated Beach Bar and Restaurant just 2 doors down - where big name bands have already put on incredible performances. No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!!

Although the legendary action of Thomas Dr is right outside your front door, if it's peace and quiet you seek, you will lose yourself in the serenity of the lush and peaceful oasis of Sugar Beach. Offering one of the largest and most unique greenspaces in all of PCB, this incredible community offers ample room to stretch your legs while walking the well-manicured path around the pristine sprawling koi/turtle pond.

You will not find another property in town that is directly on the beach - yet also offers such an incredible courtyard with a pool, tennis/pickleball courts, shuffleboard, a grilling area, a community clubhouse, a private gated beach access, and over 375 feet of incredible beach access!

Sugar Beach 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 when it comes to rentals, you find yourself with a true competitive advantage.

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! This amazing unit has not been rented (meaning it is in exceptional shape), and has already been update

d with over $50k in upgrades: All new hurricane doors and windows in 2024, new LVP flooring in the living area, and nearly all the furniture is new. It is turnkey and absolutely ready to go!!! With many 4 bedroom units in Sugar Beach generating $90k+ annually in rentals...

One look at the numbers, one look at the condo, and one look at the location - and you will become a firm believer. This condo genuinely has it all and will turn an incredible profit - while creating unforgettable lifetime memories for years to come. Welcome to Paradise!!!

Monthly Cost Estimate

$6,234/mo

20% down · 6.5% · 30 years

Principal$405
Interest$2,427
Insurance$163
HOA$3,239

Estimates only. Actual payments may vary.

Location

8727 Thomas Drive #A3

Panama City, FL 32408

Sugar Beach Condo

Features & Amenities

Interior Features

InteriorStepsSmartThermostatTubShowerUpperLevelPrimary

Property Details

Construction

Block HardiplankType Concrete

Views

Water

Outdoor Features

Patio

Parking

GatedParking Lot

Heating

Central

Cooling

Central AirCeiling Fan(s)

Appliances

ElectricOvenElectricWaterHeater

Questions & Answers

This 4-bedroom, 3-bathroom condo at 8727 Thomas Drive is listed at $560,000 ($320/sqft). The estimated monthly payment is $6,234 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $3239/month.

Key features include: Built in 1974, Waterfront. Interior Features: InteriorSteps, SmartThermostat, TubShower.

This property is listed by Garrett S Aune.

GA

Garrett S Aune

License SL352911

Agent at Beachy Beach Real Estate

Listed by Beachy Beach Real Estate · Broker phone: (850) 527-5651 · View on Broker Site · Broker website

MLS# 797118· Source: Central Panhandle Association of REALTORS· Added to PropertySimple today

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8727 Thomas Drive #A3, Panama City, FL 32408

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