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8727 Thomas Drive A6
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PRICED AT ONLY: $620,000

Address: 8727 Thomas Drive A6, Panama City Beach, FL 32408

Description

This can't be real... The only 4 bedroom fully furnished condo on the gulf under $800,000!!! The sellers have meticulously cared for this unit for 33 years, and have spared no expense in making sure the next owner will have a true rental beast! Over $100,000 invested in the last few years which includes all new: kitchen, flooring throughout, bathrooms, hvac, water heater, washer/dryer, hurricane doors and windows, paint, custom ceilings downstairs, and the list goes on! This unit is 100% rental ready as is (with all assessments paid in full and none upcoming), but if a new owner would just add their own flare with some new furniture, this unit would be unlike anything else available on the beach. The neighbor's unit just sold for $615k and was located in the back of the complex with limited gulf views. This one is just a few feet from the pristine white sandy beaches and has amazing views from the living room and primary bedroom. That unit had $86k in rental income last year, so needless to say... With these updates and this view, this unit truly has unlimited potential and could surpass those numbers easily! Sugar beach is a highly desirable gated community due to its prime location. Park at your door, no elevators, and right in the heart of the historic thomas dr. Restaurants, bars, minigolf, go karts, ice cream, and the list goes on. And all of this is within 1 2 blocks so park your car and no need to touch it again. And did i mention the new tootsies beach honky tonk opening 2 doors down? That right... The concert scene is already lighting up with numerous big name headliners performing this spring and summer!!! In addition to the best location in town, this gem of a community offers a pool, clubhouse, tennis, pickleball, shuffleboard courts, and gated private beach access. And if you need to simply wind down after a long day enjoying the best that pcb has to offer, sugar beach has an expansive peaceful greenspace unlike any other community on the beach. Get lost in tranquility as you watch the giant koi fish, turtles, and sea birds at the large sprawling pond. And if all of the above wasn't enough, take note that this is one of the only pet friendly complexes on the entire beach. That's right... This offers an extreme competitive advantage, and much higher income! Please look at all the other 4 bedrooms available, and then come fall in love with this truly special opportunity (priced $200k less than the next). With some of the lowest hoa's of all the comps, this one is a can't miss!!!

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More Like This
  • MLS#: 788210 ( Residential )
  • Street Address: 8727 Thomas Drive A6
  • Viewed: 3
  • Price: $620,000
  • Price sqft: $354
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Other,ShorelineSand
  • Year Built: 1974
  • Bldg sqft: 1750
  • Bedrooms: 4
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 6

Description

This can't be real... The only 4 bedroom fully furnished condo on the gulf under $800,000!!! The sellers have meticulously cared for this unit for 33 years, and have spared no expense in making sure the next owner will have a true rental beast! Over $100,000 invested in the last few years which includes all new: kitchen, flooring throughout, bathrooms, hvac, water heater, washer/dryer, hurricane doors and windows, paint, custom ceilings downstairs, and the list goes on! This unit is 100% rental ready as is (with all assessments paid in full and none upcoming), but if a new owner would just add their own flare with some new furniture, this unit would be unlike anything else available on the beach. The neighbor's unit just sold for $615k and was located in the back of the complex with limited gulf views. This one is just a few feet from the pristine white sandy beaches and has amazing views from the living room and primary bedroom. That unit had $86k in rental income last year, so needless to say... With these updates and this view, this unit truly has unlimited potential and could surpass those numbers easily! Sugar beach is a highly desirable gated community due to its prime location. Park at your door, no elevators, and right in the heart of the historic thomas dr. Restaurants, bars, minigolf, go karts, ice cream, and the list goes on. And all of this is within 1 2 blocks so park your car and no need to touch it again. And did i mention the new tootsies beach honky tonk opening 2 doors down? That right... The concert scene is already lighting up with numerous big name headliners performing this spring and summer!!! In addition to the best location in town, this gem of a community offers a pool, clubhouse, tennis, pickleball, shuffleboard courts, and gated private beach access. And if you need to simply wind down after a long day enjoying the best that pcb has to offer, sugar beach has an expansive peaceful greenspace unlike any other community on the beach. Get lost in tranquility as you watch the giant koi fish, turtles, and sea birds at the large sprawling pond. And if all of the above wasn't enough, take note that this is one of the only pet friendly complexes on the entire beach. That's right... This offers an extreme competitive advantage, and much higher income! Please look at all the other 4 bedrooms available, and then come fall in love with this truly special opportunity (priced $200k less than the next). With some of the lowest hoa's of all the comps, this one is a can't miss!!!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Other Structures: PoolHouse, TennisCourts
  • Roof: Flat, Membrane
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Gated, ParkingLot
Eco-Communities
  • Pool Features: InGround, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans
  • Heating: Central
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
  • Utilities: CableConnected
Amenities
  • Association Amenities: BeachRights, GameRoom, Gated, Barbecue
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2025
  • Trash Expense: 0.00
Other Features
  • Appliances: ElectricOven, ElectricWaterHeater
  • Interior Features: InteriorSteps, SmartThermostat
  • Legal Description: SUGAR BEACH CONDO APT #A-6 4BR 3B 1750 H&C ORB 1427 P 1258
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30189-007-000
  • Style: LowRise
  • The Range: 0.00
  • Unit Number: A6
  • View: Gulf, Other
Nearby Subdivisions
[no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Golf Villas Ii   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Bay Point Studio Villas Unit 3   Boardwalk Central   Bonita Point   Dockside North   Dunes Of Panama Phase I   Dunes Of Panama Phase Iii   Dunes Of Panama Phase Iv   Dunes Of Panama Phase V   Emerald Park Condominium   Grand Lagoon Cove Condominium   Grande Surf Club Condo   Greenwood Estates 1   Greenwood Estates 5   Greenwood Estates 6   Gulf Crest Condo   Gulfside Condo.   Hidden Lagoon   Holiday Point   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Legand Villas   Magnolia Bay Club   Magnolia Plantation   Marina Club Village   Mariner West Condo   Merrimac Resort Condo Ph 1   Moondrifter   No Named Subdivision   Palisades Condo Ph 1   Pelican Walk   Plazas Of St.thomas I   Princess Condo   Reflections   Regency Towers   Sand Castles Villas Condo   Seychelles Resort Condominium   Shade Tree Condo Ph Ii   Shores Of Panama   Shores Of Panama Phase I   Shores Of Panama Phase Ii   St Andrews Harbour   Sterling Beach Condo   Stingray Condo.   Sugar Beach Condo   Summerhouse Condo.   Summit   Sunbird Condo   The Commodore   The Summit   Top Of The Gulf Condo.   Treasure Cove Condo.   Treasure Island   Treasure Island Resort   Venture Out Travel Trail   Villas Of St. Thomas 1   Villas Of St. Thomas 3   Villas Of St. Thomas 5   Watercrest Condo   Waterhaven  
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