8727 Thomas Drive #C38, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
8727 Thomas Drive #C38,Panama City Beach, FL 32408
$355,000
- 2 Beds
- 2 Baths
- 1,086 sq. ft.
- Condominium
- Active
Listed by:garrett s aune
Office:beachy beach real estate
MLS#:769621
Source:FL_BCMLS
Price summary
- Price:$355,000
- Price per sq. ft.:$326.89
- Monthly HOA dues:$750.67
About this home
UNDER CONTRACT - ACCEPTING BACKUP OFFERS!!!LOWSET HOA's of all the comps, and one of the top 3 LOWEST Priced comps on the beach!!! INVESTOR'S DREAM!!! Newly Remodeled (over $35k), one of the only Pet Friendly Vacation Rentals on the Beach, park just a Few Feet from your door (no elevators!), Sleeps 8, INCREDIBLE ROI potential, gated community, and located in one of the most Highly sought after locations on the beach... The PERFECT condo truly does exist!Booked all Summer for immediate return on your investment!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 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 soon opening it's very first beach bar just 2 doors down?!? Yep... talk about KILLER location!!!AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from every other rental in PCB... It is one of the only PET FRIENDLY Gulf-front destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better occupancy 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 CERTAILY 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 2 bedroom in Sugar Beach brings in over $40k annually in rentals, and some of the well-established ones bring in over $70k. At the high end your annual ROI potential is truly limitless!!!
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Home facts
- Year built:1974
- Listing Id #:769621
- Added:169 day(s) ago
- Updated:August 15, 2025 at 08:39 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,086 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central
Structure and exterior
- Roof:Flat
- Year built:1974
- Building area:1,086 sq. ft.
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Finances and disclosures
- Price:$355,000
- Price per sq. ft.:$326.89
- Tax amount:$4,226 (2024)
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