Under Contract - Accepting Back Up Offers.
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!!!
Pending
$620,000
8727 Thomas Dr Unit A6, Panama City Beach, FL 32408
4beds
1,750sqft
Condominium
Built in 1974
-- sqft lot
$578,300 Zestimate®
$354/sqft
$1,080/mo HOA
What's special
Gated private beach accessFully furnished condoExpansive peaceful greenspaceShuffleboard courtsCustom ceilings downstairs
- 141 days
- 156
- 5
Zillow last checked:
Listing updated:
Listed by:
Garrett S Aune 850-588-8908,
Beachy Beach Real Estate
Source: CPAR,MLS#: 788210
Originating 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
- Description: Gulf View!!!
- Level: Second
- Dimensions: 16 x 14
Bedroom
- Level: Second
- Dimensions: 11 x 10
Bedroom
- Level: Second
- Dimensions: 12 x 14
Bedroom
- Level: First
- Dimensions: 11 x 10
Primary bathroom
- Level: Second
- Dimensions: 7 x 7
Other
- Level: First
- Dimensions: 11 x 7
Other
- Level: Second
- Dimensions: 11 x 7
Kitchen
- Level: First
- Dimensions: 11 x 8
Living room
- Description: Gulf View - Living/Dining Combo
- Level: First
- Dimensions: 26 x 14
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Oven, Electric Water Heater
Features
- Interior Steps, Smart Thermostat, Tub Shower, Upper Level Primary
- Doors: Storm Door(s)
- Windows: Storm Window(s)
Interior area
- Total structure area: 1,750
- Total interior livable area: 1,750 sqft
Property
Parking
- Parking features: Gated, Parking Lot
Features
- Patio & porch: Balcony, Covered, Patio
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf, Other, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Other, Shoreline - Sand
Lot
- Features: Paved
Details
- Additional structures: Pool House, Tennis Court(s)
- Parcel number: 30189007000
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- Block, HardiPlank Type, Concrete
- Roof: Flat,Membrane
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Game Room, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
- Security: Closed Circuit Camera(s), Gated Community, 24 Hour Security, Security Lights, Security Gate, Smoke Detector(s)
- Subdivision: Sugar Beach Condo
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Game Room, Gated, Barbecue
- Services included: Clubhouse, Cable TV, Laundry, Maintenance Grounds, Pool(s), Sewer, Tennis Courts, Trash, Water
- HOA fee: $3,239 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $354/sqft
- Tax assessed value: $527,780
- Annual tax amount: $5,209
- Date on market: 4/11/2026
- Cumulative days on market: 141 days
Estimated market value
$578,300
$549,000 - $607,000
$3,594/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Pending sale | $620,000$354/sqft |
Source: | ||
| 4/12/2026 | Listed for sale | $620,000+106.7%$354/sqft |
Source: | ||
| 3/16/2011 | Listing removed | $299,900$171/sqft |
Source: Listhub #392145 Report a problem | ||
| 3/13/2011 | Listed for sale | $299,900+240.8%$171/sqft |
Source: Listhub #392145 Report a problem | ||
| 4/1/1993 | Sold | $88,000$50/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,125 +5.9% | $248,897 +10% |
| 2023 | $4,839 +49.6% | $226,270 +10% |
| 2022 | $3,236 | $205,700 |
| 2021 | -- | -- |
| 2020 | $2,401 +18.2% | $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 +69.6% |
| 2001 | -- | $82,525 |
| 2000 | -- | $82,525 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32408
Nearby schools
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.







