8727 Thomas Drive, Unit A3, Panama City Beach, FL 32408

$560,000
  • 8727 Thomas Drive, Unit A3, Panama City Beach, FL 32408 Main Photo

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New to the Market Active
BEDS4 BATHS3 full SQUARE FEET1,750 MLS#1015465
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONSUGAR BEACH T-H

Property 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 updated 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!!!

8727 Thomas Drive, Unit UNIT A3 | MLS# 1015465

This condo located at 8727 Thomas Drive, Unit UNIT A3, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $560,000. This property was built in 1974 and has 4 bedrooms and 3 full baths with 1750 sq. ft. Thomas Drive, Unit UNIT A3 is located in the SUGAR BEACH T-H subdivision. Search SUGAR BEACH T-H real estate on barbaraschott.premierfl.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Heating: Central
Home Style: N/A
Taxes: $5,209
Year Built: 1974

Feature Descriptions

Appliances: Dishwasher, Dryer, Microwave, Oven Self Cleaning, Smoke Detector, Washer, Water Heater - Elect
Association Fee Includes: Ground Keeping, Master Association, Security, Sewer, Water, Cable TV, Trash
Community Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Community Room, Dumpster, Gated Community, Laundry, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
Exterior: Concrete, Block, Stucco
Exterior: Balcony, Shower, Tennis Court
Financing Terms: Other
Flooring: Floor Tile
HOA: Yes
Interior: Breakfast Bar, Kitchen Island, Lighting Recessed, Newly Painted, Owners Closet, Split Bedroom, Walls Mirrored, Washer/Dryer Hookup
Parcel Number: 30189-004-000
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Renovated, Construction Complete
Rooms Total: 9
Sewer: Public Sewer
Special View Info: Pond, Gulf
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Pond
Window: Skylight(s), Window Treatment All, Storm Windows

Room Sizes

Primary Bedroom: 15 X 14 Level - Second
Bedroom: 10 X 11 Level - Second
Bedroom: 12 X 14 Level - Second
Bedroom: 11 X 10 Level - First
Living Room: 26 X 14 Level - First
Kitchen: 11 X 8 Level - First
Full Bathroom: 11 X 7 Level - First
Full Bathroom: 11 X 7 Level - Second
Primary Bathroom: 7 X 7 Level - Second

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

Listed By / Shown By

Listed By

Agency Name: Beachy Beach Real Estate

Shown By

Agent Name: Barbara Schott
Agent Phone: (850) 803-2600
Agency Title: Premier Property Group

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Estimated Payment

$ 1,843.73 per month $1,246.32 Principal & Interest $434.08 Property Tax $163.33 Homeowner's Insurance

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