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Sold for $479,000
    • $479,000

    8727 Thomas Dr Unit C27, Panama City Beach, FL 32408

    2beds
    1,086sqft
    Condominium
    Built in 1974
    -- sqft lot
    $473,700 Zestimate®
    $441/sqft
    $2,093 Estimated rent

    Home value

    $473,700

    $431,000 - $521,000

    $2,093/mo

    Zestimate® history
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    What's special

    Private balconyBeachfront condoRenovated kitchenQuartz countertopsGulf-facing primary suiteOpen layoutUnobstructed views
    Experience true Gulf-front living with this rare opportunity to own the only beachfront condo currently available in Sugar Beach. Rental projections of $62,500 in 2026 and $71,800 in 2027. This beautifully updated third-floor unit combines modern style with the relaxed charm of coastal living. Enjoy breathtaking, unobstructed views from your private balcony—perfect for sunrise coffee or sunset relaxation. Inside, the open layout features a Gulf-facing primary suite with direct balcony access, a fully renovated kitchen with quartz countertops, tiled backsplash, and stainless steel appliances, plus updated LVP flooring and refreshed bathrooms with quartz vanities. The Sugar Beach community offers resort-style amenities including a large pool, tennis courts, grilling area, and clubhouse. Its well-kept facilities and central location make Sugar Beach a true hidden gem in Panama City Beach—offering both convenience and serenity. Ideal as a personal beach retreat or proven short-term rental, this turnkey property blends comfort, quality, and strong investment potential in one of the area's most desirable coastal communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kurt Fadden 321-890-5364,

    Legacy Premier Agency

    Bought with:

    Marcy L O'Donnell, 3417794

    Luxe Coastal Realty Group LLC

    Source: CPAR,MLS#: 780668MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 11.8 x 17.9
    Bedroom
    • Level: First
    • Dimensions: 12.4 x 11.4
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range
    Interior area
    • Total structure area: 1,086
    • Total interior livable area: 1,086 sqft

    Property

    Parking
    • Parking features: Gated
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community
    • On waterfront: Yes
    • Waterfront features: Gulf
    Lot
    • Features: Paved
    Details
    • Parcel number: 30189080000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Low Rise
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Gated Community, Security Gate, Smoke Detector(s)
    • Subdivision: Sugar Beach Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $441/sqft
    • Tax assessed value: $467,500
    • Annual tax amount: $5,216
    • Date on market: 10/21/2025
    • Cumulative days on market: 159 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    12/31/2025Sold$479,000-2%$441/sqft
    Source: CPAR #780668 Report a problem
    11/1/2025Pending sale$489,000$450/sqft
    Source: CPAR #780668 Report a problem
    10/21/2025Listed for sale$489,000+2.9%$450/sqft
    Source: CPAR #780668 Report a problem
    10/3/2025Listing removed$475,000$437/sqft
    Source: CPAR #773007 Report a problem
    9/30/2025Price change$475,000-4.8%$437/sqft
    Source: CPAR #773007 Report a problem
    9/5/2025Price change$499,000-7.4%$459/sqft
    Source: CPAR #773007 Report a problem
    8/14/2025Price change$539,000-1.8%$496/sqft
    Source: CPAR #773007 Report a problem
    7/11/2025Price change$549,000-1.8%$506/sqft
    Source: CPAR #773007 Report a problem
    5/5/2025Listed for sale$559,000+87%$515/sqft
    Source: CPAR #773007 Report a problem
    11/6/2024Listing removed$3,400$3/sqft
    Source: Zillow Rentals Report a problem
    11/1/2024Price change$3,400+17.2%$3/sqft
    Source: Zillow Rentals Report a problem
    10/28/2024Price change$2,900-14.7%$3/sqft
    Source: Zillow Rentals Report a problem
    10/17/2024Listed for rent$3,400$3/sqft
    Source: Zillow Rentals Report a problem
    7/24/2020Sold$299,000$275/sqft
    Source: CPAR #698826 Report a problem
    6/23/2020Listed for sale$299,000-16.9%$275/sqft
    Source: Counts Real Estate Group Inc #698826 Report a problem
    9/22/2004Sold$360,000$331/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,216 +6.4%$338,274 +10%
    2023$4,905 +41.5%$307,522 +10%
    2022$3,465 $279,565
    2021-- --
    2020$2,473 +17.3%$180,451 +8.6%
    2019$2,108 $166,175 +1.3%
    2018$2,108 -11.4%$164,046 +10%
    2017$2,379 +28%$149,133 +10%
    2016$1,858 +13.8%$135,575
    2015$1,634 $135,575 +10%
    2014$1,634 $123,250
    2013-- $123,250 -12.1%
    2012-- $140,250 +6.5%
    2011-- $131,750 -25%
    2010-- $175,686 -10%
    2009-- $195,207 -21.5%
    2008-- $248,671 -10%
    2007-- $276,301 -10%
    2006-- $307,001
    2005-- $307,001 +158.4%
    2004-- $118,801
    2003-- $118,801
    2002-- $118,801 +76.5%
    2001-- $67,315
    2000-- $67,315
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby homes

    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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