8727 Thomas Drive #A7, Panama City, FL 32408

Panama City
Local realty services provided by:Better Homes and Gardens Real Estate Historic
8727 Thomas Drive #A7,Panama City, FL 32408
$640,000
  • 4 Beds
  • 3 Baths
  • 1,750 sq. ft.
  • Condominium
  • Active
Listed by: garrett s aune
Office: beachy beach real estate
MLS#:797357
Source:FL_BCMLS

Price summary

  • Price:$640,000
  • Price per sq. ft.:$365.71
  • Monthly HOA dues:$1,079.67

About this home

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...

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Home facts

  • Year built:1974
  • Subdivision & Development:Sugar Beach Condo
  • Listing ID #:797357
  • Added:3 day(s) ago
  • Updated:November 07, 2026 at 03:35 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:3
  • Rooms Total:9
  • Dining Description:SmartThermostat
  • Bathrooms Description:SmartThermostat
  • Kitchen Description:Electric Oven, Electric Water Heater
  • Bedroom Description:SmartThermostat
  • Living area:1,750 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Roof:Flat, Membrane
  • Year built:1974
  • Building area:1,750 sq. ft.
  • Architectural Style:Low Rise
  • Construction Materials:Block, Concrete
  • Exterior Features:Balcony, Patio
  • Levels:3 Story

Schools

  • High school:Arnold
  • Middle school:Breakfast Point
  • Elementary school:Breakfast Point

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$640,000
  • Price per sq. ft.:$365.71
  • Tax amount:$6,547 (2025)

Features and amenities

  • Amenities:Beach Rights, ClosedCircuitCameras, ElectricOven, ElectricWaterHeater, Gated, GatedCommunity, SecurityGate, SecurityLights, SmartThermostat, SmokeDetectors, StormWindows
  • Pool features:Community, InGround

Parking

  • Parking description:Gated, Parking Lot
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