8727 Thomas Drive B13, Panama City Beach, FL

$489,000

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3

Beds

3

Baths

1,512

Square feet

About 8727 Thomas Drive B13

LOWEST PRICED 3 bed / 3 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 of all the comps!Simply put, you will not find a 3 bedroom condo on the beach with views like this. 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 an elevator! 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 will be opening their highly anticipated Beach Bar just 2 doors down - where big name band's will undoubtedly be brought back to the beach. 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 already been updated with over $50k in upgrades: All new hurricane doors and windows in 2024, newly remodeled bathrooms upstairs, new LVP and Tile flooring in most areas, custom woodwork in the living room and stairs, etc. It is turnkey and ready to go!!! With many 3 bedroom units in Sugar Beach generating $60k+ 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!!!

Features of 8727 Thomas Drive B13

3 Beds
3.00 Baths
1512 Sqft
MLS® # 985861
Price $489,000
Bedrooms 3
Bathrooms 3.00
Full Baths 3
Square Footage 1,512
Year Built 1974
Type Residential
Sub-Type Condominium
Style N/A
Status Active
Waterfront Pond
Waterview Gulf, Pond

Community Information

Address 8727 Thomas Drive B13
Area Bay County
Subdivision Sugar Beach Condominiums
City Panama City Beach
County Bay
State FL
Zip Code 32408

Amenities

Amenities BBQ Pit/Grill, Beach, Community Room, Dumpster, Gated Community, Laundry, Pets Allowed, Pickle Ball, Picnic Area, Short Term Rental - Allowed, Tennis, TV Cable, Waterfront
Utilities Electric, Public Sewer, Public Water, TV Cable
Is Waterfront Yes
Waterfront Pond
Has Pool Yes
Pool Pool - Enclosed, Pool - In-Ground, Community

Interior

Interior Features Breakfast Bar, Ceiling Crwn Molding, Floor Laminate, Floor Tile, Furnished - All, Owner's Closet, Skylight(s), Washer/Dryer Hookup
Appliances Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Washer
Cooling Ceiling Fans
Has Basement No
Fireplace No

Exterior

Exterior Concrete, Roof Membrane, Slab, Stucco
Exterior Features BBQ Pit/Grill, Patio Open, Pool - Enclosed, Pool - In-Ground, Tennis Court
Windows Double Pane Windows
Roof Roof Membrane
Foundation Slab

School Information

Elementary Breakfast Point
Middle Breakfast Point
High Arnold

Additional Information

Days on Website 22
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees 3043.73
HOA Fees Freq. Quarterly

Listing Map

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