Sold for $455,000

$455,000

8727 Thomas Dr Unit B8, Panama City Beach, FL 32408

3beds

1,512sqft

Condominium

Built in 1974

-- sqft lot

$445,000 Zestimate^®

$301/sqft

$3,012 Estimated rent

Home value

$445,000

$405,000 - $485,000

$3,012/mo

Zestimate^® history

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$3,012/mo

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$3,012/mo

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$2,941/mo

Est. payment

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$2,941/mo

Est. payment

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What's special

ENTERED FOR COMP PURPOSES ONLY. This 3 bedroom / 3 bath condo in Sugar Beach Condominiums was sold for such an exceptional price due to needing updates in the following areas: 3 bathrooms, kitchen, flooring, HVAC, water heater. The sellers paid $18,480.20 of the special assessments, and the buyers paid the remaining $33,680.60 in special assessments.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom

Primary bedroom

Level: Second
Dimensions: 16 x 10

Bedroom

Level: First
Dimensions: 11 x 9

Bedroom

Level: Second
Dimensions: 13 x 13

Dining room

Level: First
Dimensions: 10 x 9

Kitchen

Level: First
Dimensions: 9 x 7

Living room

Level: First
Dimensions: 15 x 13

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Oven, Electric Range, Electric Water Heater
Laundry: Washer Hookup, Dryer Hookup

Features

Smart Thermostat
Doors: Storm Door(s)

Interior area

Total structure area: 1,512
Total interior livable area: 1,512 sqft

Property

Parking

Parking features: Electric Gate, Garage, Garage Door Opener, Gated, Open, Paved, Parking Lot
Has uncovered spaces: Yes

Features

Levels: Three Or More
Stories: 3
Patio & porch: Balcony
Exterior features: Barbecue, Outdoor Shower
Pool features: Fenced, Gunite, In Ground, Community, Pool
Fencing: Full,Fenced
Has view: Yes
View description: Gulf, Pond
Has water view: Yes
Water view: Gulf,Pond
Waterfront features: Shoreline - Sand
Frontage length: 395

Lot

Features: Paved

Details

Additional structures: Tennis Court(s)
Parcel number: 30189026000
Zoning description: Resid Single Family
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Architectural style: Low Rise
Property subtype: Condominium

Materials

Block, Concrete, Stucco
Foundation: Slab
Roof: Flat

Condition

Year built: 1974

Utilities & green energy

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

Community & HOA

Community

Features: Beach, Clubhouse, Game Room, Laundry Facilities, Park, Pool, Sport Court(s), Tennis Court(s), Waterfront, Barbecue, Gated, Home Owners Association, Short Term Rental Allowed
Security: Closed Circuit Camera(s), Security Gate, Secured Garage/Parking, Gated Community, 24 Hour Security, Key Card Entry, Security Fence, Varies By Unit, Smoke Detector(s), Security Service
Subdivision: Sugar Beach Condo

HOA

Has HOA: Yes
Amenities included: Other, See Remarks, Beach Rights, Game Room, Gated, Barbecue, Picnic Area

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $301/sqft
Tax assessed value: $456,002
Annual tax amount: $3,151
Date on market: 12/1/2023
Electric utility on property: Yes

Price history

Date	Event	Price
11/30/2023	Sold	$455,000$301/sqft
Source: CPAR #749776 Report a problem
6/24/2022	Sold	$455,000+1.1%$301/sqft
Source: CPAR #724709 Report a problem
4/29/2022	Pending sale	$449,900$298/sqft
Source: CPAR #724709 Report a problem
4/6/2022	Listed for sale	$449,900+181.2%$298/sqft
Source: CPAR #724709 Report a problem
8/13/2002	Sold	$160,000$106/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$5,804 +2.2%	$456,002 -1.2%
2023	$5,680 +80.2%	$461,536 +85.4%
2022	$3,151	$248,897
2021	--	--
2020	$2,538 +25.9%	$205,700 +29.4%
2019	$2,016	$158,950 -15.9%
2018	$2,016 -15.8%	$188,938 +10%
2017	$2,393 +18.1%	$171,762 +10%
2016	$2,026 +16.4%	$156,147 +10%
2015	$1,741	$141,952 +10%
2014	$1,741	$129,047 +10%
2013	--	$117,315 +10%
2012	--	$106,650 -24.6%
2011	--	$141,505 -21%
2010	--	$179,120 -10%
2009	--	$199,022 -21.5%
2008	--	$253,531 -10%
2007	--	$281,701 -10%
2006	--	$313,001
2005	--	$313,001 +144.5%
2004	--	$128,001
2003	--	$128,001
2002	--	$128,001 +62.5%
2001	--	$78,755
2000	--	$78,755