8727 Thomas Drive, Panama City Beach, FL 32408 - Port St. Joe Real Estate | The Peevy Team

$265,000

6%+ ROI... Find a condo in today's market that can beat that using ACTUAL rentals, not simple projections! Let's look at the facts...This is one of the LOWEST OVERALL PRICED, LOWEST Sq/Ft PRICED, and LOWEST HOA's of all the 1 Bedroom / 1 Bathroom condos located on the beach side… Read More of Front Beach! 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 this condo does not disappoint. Mere steps from the sugar white sand, and overlooking a tranquil courtyard that is incredibly 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, and some of the Beach's best bars/restaurants - directly in front of the property. And did I mention that Tootsies Beach Bar (owned by Kid Rock) is opening just 2 doors down?!? 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 CERTAILY 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!If you are looking for the best investment on the beach, or if you are looking for the next place to call home, this incredible condo offers everything you could ever dream of - and so very much more! Read Less

Listing Snapshot

Days Online

Last Updated

Apr 1, 2025

Property Type

Condominium

Beds

Full Baths

Square Ft.

752

Year Built

1974

MLS Number

770887

30 Days Snapshot Of 32408

$477k

+10%

(avg) sold price

+4%

homes sold

143

-5%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road frontage type: CityStreet, Road surface type: Paved

Appliances & Equipment

Dryer, WasherDryerStacked, Dishwasher, ElectricOven, ElectricWaterHeater, Disposal, Refrigerator, Washer

Building

Built in 1974, Architectural style: LowRise, Construction materials: Concrete, 3 total stories, Other structures: TennisCourts, PoolHouse

Community

Barbecue, Beach, Clubhouse, LaundryFacilities, Pool, SeeRemarks, ShortTermRentalAllowed, TennisCourts, Waterfront, Gated, Sidewalks

Cooling

CentralAir, EnergyStarQualifiedEquipment

Exterior Features

BuiltInBarbecue, Balcony, Patio

Fence

Full

Water Features

Lake, LakeFront, ShorelineSand, Waterfront

Heating

Central, EnergyStarQualifiedEquipment

Home Owner's Association

Association fee: $1,546, Association amenities: BeachRights, Gated, PicnicArea

Interior Features

Furnished: Furnished

Laundry

Stacked

Lot

Landscaped, Waterfront

Parking

AdditionalParking, ParkingLot

Pool

Fenced, InGround, Community

Property

Patio and porch features: Balcony, Open, Porch, Lake

Roof

Flat

Security Features

GatedCommunity, TwentyFourHourSecurity, SmokeDetectors, SecurityService

Taxes

Year: 2024

Utilities

TrashCollection

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Courtesy of Beachy Beach Real Estate 850-233-4351

8727 Thomas Drive

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