Call Now:

Wade M. Berlin

ABR,BrkrAssc,CNE,CPM,FSSR,GAA,LLC,PMN,REALTOR ®,SRES
Tropic Shores Realty
The Real Estate Professional You Deserve
Active
Property Photos
8727 Thomas Drive B17
Image Gallery

PRICED AT ONLY: $449,000

Address: 8727 Thomas Drive B17, Panama City, FL 32408

Description

This is the lowest priced 3 bedroom condo on the beach!!! If being the best priced 3 bedroom condo on the beach doesn't get your attention, consider the fact that this one of a kind opportunity is only steps away from the highly anticipated tootsie's beach bar (this establishment will transform thomas drive! ). At the end of the day, there simply isn't another condo available that offers such an unbelievable return on investment, and certain appreciation!!! Let's look at the facts... Maximizing rental income starts with one basic concept maximizing ''heads in beds. '' and when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: view, location, complex amenities, and price. View: most people come to pcb for the breathtaking gulf views, and being just a few short feet to your very own private beach access this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful koi/turtle pond. Sugar beach is the only place on the beach with views like this, and they are truly unforgettable... Location: after watching some of the world's most awe inspiring sunsets, simply head out your front door and experience the legendary action of thomas drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside and there is no need to drive anywhere to enjoy the best that pcb has to offer. Located on the coveted east end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. Directly in front of the property. For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door including the famous ms. Newby's! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!! And did i mention that tootsies is looking to open its very first beach bar just 2 doors down? How about the highly anticipated margaritaville a few doors down the other direction?!? Yep... Talk about killer location!!! Ammenities: success in business is all about competitive advantage, and sugar beach offers something that differentiates itself from everyone else in pcb... It 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 you have true competitive advantage with this one. 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! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other gulf front property in pcb! Price: last but not certainly not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest hoa's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! The average 3 bedroom in sugar beach brings in over $65k annually in rentals, and some of the well established ones bring in over $80k. At the high end your annual roi would be well over 11% on a financed purchase which is unheard of nowadays. Welcome home!
Payment Calculator
  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-

  •   Monthly -
For a Fast & FREE Mortgage Pre-ApprovalApply Now
  • MLS#: 782160 ( Residential )
  • Street Address: 8727 Thomas Drive B17
  • Viewed: 41
  • Price: $449,000
  • Price sqft: $297
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Other
  • Year Built: 1974
  • Bldg sqft: 1512
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 121
Request More Information
  • All fields are required.
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
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
Eco-Communities
  • Pool Features: Community
Utilities
  • Carport Spaces: 0.00
  • Sewer: PublicSewer
  • Utilities: CableConnected
Amenities
  • Association Amenities: BeachRights, Gated, Barbecue, PicnicArea
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: 2024
  • Trash Expense: 0.00
Other Features
  • Legal Description: SUGAR BEACH CONDO APT #B-17 3BR 2B 1512 H&C ORB 435 P 268 ORB 3974 P 756 .
  • Levels: ThreeOrMore
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30189-035-000
  • Style: LowRise
  • The Range: 0.00
  • Unit Number: B17
  • Views: 41
Similar Properties

Active
Details for 4100 Marriott Drive 302, Panama City, FL 32408
$470,000.00 ($322.36 / sqft )

4100 Marriott Drive 302 More Like This

Enjoy breathtaking views of Grand Lagoon and the inlet from the Gulf of Mexico in this spacious 1,458 sq ft condo. Whether you're looking for a primary residence, a vacation home, or an investment pro

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1458 sqft
  1. MLSID: 783395
  2. Provided by Counts Real Estate Group Inc
  3. Provided through
  4. DMCA Notice
Active
Details for 9860 Thomas Drive 1926, Panama City, FL 32408
$419,000.00 ($332.01 / sqft )

9860 Thomas Drive 1926 More Like This

This stunning 2 bedroom, with a bunk room, 2 bathroom condo in Panama City Beach offers the perfect escape directly on the sandy shores of the Gulf Coast. Located at 9860 S Thomas Drive, unit 1926, th

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1262 sqft
  1. MLSID: 783219
  2. Provided by Coldwell Banker Realty
  3. Provided through
  4. DMCA Notice
Active
Details for 9860 Thomas Drive 927, Panama City Beach, FL 32408
$417,900.00 ($331.14 / sqft )

9860 Thomas Drive 927 More Like This

**PRICE REDUCTION**Spectacular Gulf Front Condo at Laketown Wharf Resort Step into a premier resort lifestyle with this beautifully maintained, TURN KEY, 2 bedroom, 2 bath unit w/ bunk room (approx.

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1262 sqft
  1. MLSID: 781694
  2. Provided by Realty One Group Emerald Coast
  3. Provided through
  4. DMCA Notice
Active
Details for 9902 Thomas Drive 130, Panama City, FL 32408
$419,000.00 ($332.01 / sqft )

9902 Thomas Drive 130 More Like This

This exceptional first floor residence offers the best of both worlds: calm lake views and easy access, all without the wait or hassle of elevators. From the moment you step inside, the coastal design

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1262 sqft
  1. MLSID: 784170
  2. Provided by Beachy Beach Real Estate
  3. Provided through
  4. DMCA Notice
Active
Details for 4100 Marriott Drive 208, Panama City, FL 32408
$449,900.00 ($308.57 / sqft )

4100 Marriott Drive 208 More Like This

Wow gorgeous from the moment you open the door! Experience lagoon front living in this stunning 2 bedroom, 2 bath coastal residence located in the highly desirable Bay Point community. Your condomi

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1458 sqft
  1. MLSID: 784142
  2. Provided by Keller Williams Success Realty
  3. Provided through
  4. DMCA Notice
Active
Details for 4100 Marriott Drive 309, Panama City Beach, FL 32408
$479,000.00 ($328.53 / sqft )

4100 Marriott Drive 309 More Like This

Reflections Spa & Resort at Bay Point is one of the premier condominium resorts in Panama City Beach. Boasting two generously sized bedrooms sure to provide a peaceful retreat, each with its own bathr

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 1458 sqft
  1. MLSID: 783438
  2. Provided by Legacy Premier Agency
  3. Provided through
  4. DMCA Notice
Active
Details for 5012 Gulf Drive 2, Panama City Beach, FL 32408
$419,000.00 ($514.11 / sqft )

5012 Gulf Drive 2 More Like This

NOW BACK ON MARKET AT NO FAULT TO THE SELLER New Property Video & 3D Home Tour! Rare opportunity to own an updated ground floor 2 bedroom 2 bath beachside condo directly across from a wide paved PUB

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 815 sqft
  1. MLSID: 783407
  2. Provided by LPT Realty LLC
  3. Provided through
  4. DMCA Notice
Active
Details for 5012 Gulf Drive 4, Panama City Beach, FL 32408
$449,900.00 ($552.03 / sqft )

5012 Gulf Drive 4 Virtual Tour More Like This

New Property Video & 3D Home Tour! Rare opportunity to own a second floor 2 bedroom, 2 bath beachside condo at the end of a cul de sac with no thru traffic, located directly across from an extra wide,

  1. Bedrooms: 2
  2. Baths: 2
  3. Approx. 815 sqft
  1. MLSID: 783289
  2. Provided by LPT Realty LLC
  3. Provided through
  4. DMCA Notice
Active
Details for 5012 Gulf Drive 3, Panama City Beach, FL 32408
$499,900.00 ($534.65 / sqft )

5012 Gulf Drive 3 Virtual Tour More Like This

New Property Video & 3D Home Tour! Rare opportunity to own a second floor 3 bedroom, 2 bath beachside condo at the end of a cul de sac with no thru traffic, located directly across from an extra wide,

  1. Bedrooms: 3
  2. Baths: 2
  3. Approx. 935 sqft
  1. MLSID: 783288
  2. Provided by LPT Realty LLC
  3. Provided through
  4. DMCA Notice
Active
Details for 5012 Gulf Drive 1, Panama City Beach, FL 32408
$499,900.00 ($534.65 / sqft )

5012 Gulf Drive 1 Virtual Tour More Like This

NOW BACK ON MARKET AT NO FAULT TO THE SELLER New Property Video & 3D Home Tour! Rare opportunity to own a ground floor 3 bedroom, 2 bath beachside condo at the end of a cul de sac with no thru traff

  1. Bedrooms: 3
  2. Baths: 2
  3. Approx. 935 sqft
  1. MLSID: 783286
  2. Provided by LPT Realty LLC
  3. Provided through
  4. DMCA Notice

Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin