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8727 Thomas Drive, Unit B17, Panama City, FL 32408

$449,000
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BEDS3 BATHS3 full SQUARE FEET1,512 MLS#782160
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONSugar Beach Condo

Property Description

INVESTORS TAKE NOTICE. . . LOWEST PRICED 3 BEDROOM CONDO on the BEACH! 7% average ROI! You don't want to miss out on this one!!! Countless updates which include: kitchen counter tops and coastal backsplash, stainless appliances, drop panel ceiling (kitchen/hall area) with energy efficient lighting, tile flooring downstairs, LVP flooring in downstairs bedroom/on the stairs/upstairs, and new hurricane sliding doors and windows. Over $70k invested in the last 2 years!!! Sugar Beach is one of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, a HUGE greenspace with incredible Koi/Turtle Pond, Private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). The only thing this unit needs to be transformed into a RENTAL BEAST is some updated furniture. Less than $10k will COMPLETELY transform this unit and you should match the others in the complex which average $65k annually. Some of the 3 bedrooms even do $80k a year!!! The needed furniture has been factored into the price, and this one will be grabbed up quick considering it is over $40k cheaper than the next comp! The potential at this price is UNLIMITED, so don't miss out on this incredible Steal of a Deal!!!

8727 Thomas Drive, Unit B17 | MLS# 782160

This condo located at 8727 Thomas Drive, Unit B17, Panama City, FL 32408 is currently listed for sale with an asking price of $449,000. This property was built in 1974 and has 3 bedrooms and 3 full baths with 1512 sq. ft. Thomas Drive, Unit B17 is located in the Sugar Beach Condo subdivision. Search Sugar Beach Condo real estate on www.realtymarkllc.com today.

Property Features

Property Type: Residential - Condominium
Home Style: Low Rise
Stories: 3.0
Taxes: $4,828
Year Built: 1974

Feature Descriptions

Association Amenities: Beach Rights, Gated, Barbecue, Picnic Area
Community Features: Community Pool, Short Term Rental Allowed
Days on Site: 139
Parcel#: 30189-035-000
Patio/Porch: Balcony
Pool: Community
Sewer: Public Sewer
Utilities: Cable Connected
Waterfront: Other

Room Sizes

Other: 14 X 7 Level - Second
Other: 14 X 7 Level - First
Full Bath: 11 X 8 Level - Second
Primary Bathroom: 11 X 8 Level - Second
Full Bath: 11 X 8 Level - First
Kitchen: 11 X 8 Level - First
Living Room: 14 X 13 Level - First
Bedroom: 14 X 14 Level - Second
Primary Bedroom: 14 X 16 Level - Second
Bedroom: 11 X 9 Level - First

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

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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Estimated Payment

$ 1,532.57 per month $999.28 Principal & Interest $402.33 Property Tax $130.96 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:54:33 AM EST) or Stellar MLS (last updated Fri 04/17/2026 12:44:11 AM EST) or GSMLS (last updated Fri 04/17/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:47:19 AM EST) or Beaches MLS (last updated Fri 04/17/2026 12:47:20 AM EST) or Naples MLS (last updated Thu 04/16/2026 11:41:16 PM EST) or Bright MLS (last updated Thu 04/16/2026 7:53:33 PM EST) or OneKey MLS (last updated Fri 04/17/2026 12:49:37 AM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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