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Sold for $615,000
  • $615,000

    8727 Thomas Dr Unit A15, Panama City Beach, FL 32408

    4beds
    1,750sqft
    Condominium
    Built in 1974
    -- sqft lot
    $605,000 Zestimate®
    $351/sqft
    $3,594 Estimated rent

    Home value

    $605,000

    $551,000 - $666,000

    $3,594/mo

    Zestimate® history
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    What's special

    Gulf front complex unitGated private beach accessCommunity poolAbsolutely gorgeous unitLuxury unit lvp flooringStainless steel refrigerator
    ***INVESTORS, TAKE NOTE...THE ONLY 4 BEDROOM, 3 BATHROOM FULLY FURNISHED GULF FRONT COMPLEX CONDOMINIUM ON PANAMA CITY BEACH UNDER $825,000 AS OF LIST DATE!!!*** The sellers have spared no expense in updating this spectacular money making GULF FRONT COMPLEX unit(2025 $86,000+ gross rentals and over $95,000+ projected for 2026)in the recently renovated and gated Sugar Beach community that offers a community pool, clubhouse, tennis, pickleball, and shuffleboard courts, and gated private beach access. Recent upgrades and updates include but are not limited to:$76,000 in assessments(fully paid that entail new unit windows, balcony doors and windows, unit entry steps, railings, doors, paint, new arcade, and much more), luxury unit LVP flooring, dining and living room furniture, toilet fixtures, water heater, complete unit repaint, renovated all 3 bathrooms, stainless steel refrigerator, new decor and accent mural bedroom walls and hallway. The community is situated perfectly, just minutes from St. Andrews State Park in one direction and Pier Park the other, as well as multiple music venues, restaurants, shopping, water sports, and both day and night life attractions. Hurry up and call me before this absolutely GORGEOUS unit gets away. All information is approximate and should be verifies by buyers if important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mario Gobel 850-527-5878,

    RE/MAX SELECT Partners

    Bought with:

    Abbott Martin Group

    EXP Realty LLC

    Source: CPAR,MLS#: 783921MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Level: Second
    • Dimensions: 16 x 14
    Bedroom
    • Level: Second
    • Dimensions: 11 x 10
    Bedroom
    • Level: Second
    • Dimensions: 12 x 10
    Bedroom
    • Level: First
    • Dimensions: 11 x 10
    Primary bathroom
    • Level: Second
    • Dimensions: 7 x 7
    Other
    • Level: Second
    • Dimensions: 11 x 5
    Other
    • Level: First
    • Dimensions: 11 x 5
    Kitchen
    • Level: First
    • Dimensions: 11 x 8
    Living room
    • Level: First
    • Dimensions: 26 x 14
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Balcony, Interior Steps, Shower Only, Upper Level Primary
    Interior area
    • Total structure area: 1,750
    • Total interior livable area: 1,750 sqft

    Property

    Parking
    • Parking features: Additional Parking, Electric Gate, Gated, RV Access/Parking
    Features
    • Patio & porch: Balcony
    • Exterior features: Outdoor Shower
    • Pool features: Gunite, In Ground, Community
    • Fencing: Full,Fenced
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    Lot
    • Features: Paved
    Details
    • Additional structures: Pool House, Tennis Court(s)
    • Parcel number: 30189016000
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Low Rise
    • Property subtype: Condominium
    Materials
    • Concrete
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available, Phone Connected

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Gated Community, Security Gate, Smoke Detector(s), Security Service
    • Subdivision: Sugar Beach Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gated, Barbecue, Picnic Area, Spa/Hot Tub
    • Services included: Clubhouse, Cable TV, Maintenance Grounds, Pest Control, Pool(s), Sewer, Tennis Courts, Trash, Water
    • HOA fee: $3,576 quarterly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $351/sqft
    • Tax assessed value: $527,780
    • Annual tax amount: $6,547
    • Date on market: 1/20/2026
    • Cumulative days on market: 26 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/2/2026Sold$615,000-5.4%$351/sqft
    Source: CPAR #783921 Report a problem
    2/16/2026Pending sale$649,995$371/sqft
    Source: CPAR #783921 Report a problem
    2/11/2026Price change$649,995-3.7%$371/sqft
    Source: CPAR #783921 Report a problem
    1/20/2026Listed for sale$675,000+0.9%$386/sqft
    Source: CPAR #783921 Report a problem
    8/13/2024Listing removed$669,000-1.5%$382/sqft
    Source: ECAOR #944890 Report a problem
    6/18/2024Price change$679,000-0.9%$388/sqft
    Source: ECAOR #944890 Report a problem
    3/15/2024Listed for sale$685,000+22.3%$391/sqft
    Source: ECAOR #944890 Report a problem
    9/28/2022Sold$560,000-4.3%$320/sqft
    Source: CPAR #729597 Report a problem
    8/26/2022Pending sale$585,000$334/sqft
    Source: CPAR #729597 Report a problem
    8/8/2022Price change$585,000-7.9%$334/sqft
    Source: CPAR #729597 Report a problem
    7/17/2022Listed for sale$635,000+64.9%$363/sqft
    Source: CPAR #729597 Report a problem
    1/28/2022Sold$385,000$220/sqft
    Source: Public Record Report a problem
    12/1/2021Pending sale$385,000$220/sqft
    Source: Owner Report a problem
    11/28/2021Listed for sale$385,000+71.1%$220/sqft
    Source: Owner Report a problem
    11/13/2015Sold$225,000+40.6%$129/sqft
    Source: Agent Provided Report a problem
    10/7/2011Sold$160,000-20%$91/sqft
    Source: Public Record Report a problem
    6/10/2011Listed for sale$199,900-6.6%$114/sqft
    Source: Coldwell Banker United #411714 Report a problem
    3/16/2011Listing removed$214,000$122/sqft
    Source: Listhub #411714 Report a problem
    3/13/2011Listed for sale$214,000$122/sqft
    Source: Listhub #411714 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,686 +1.7%$527,780 -1.2%
    2023$6,576 +103.2%$534,185 +159.7%
    2022$3,236 $205,700
    2021-- --
    2020$2,338 +15.1%$187,000 +17.6%
    2019$2,031 $158,950 -25.5%
    2018$2,031 -23.9%$213,414 +10%
    2017$2,668 +17.6%$194,013 +10%
    2016$2,268 +2.6%$176,375 -2.6%
    2015$2,210 $181,016 +10%
    2014$2,210 $164,560 +10%
    2013-- $149,600 +10%
    2012-- $136,000 -14%
    2011-- $158,100 -21.1%
    2010-- $200,293 -10%
    2009-- $222,548 -21.5%
    2008-- $283,501 -10%
    2007-- $315,001 -10%
    2006-- $350,001
    2005-- $350,001 +150%
    2004-- $140,001
    2003-- $140,001
    2002-- $140,001 +95.7%
    2001-- $71,540
    2000-- $71,540
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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