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Sold for $305,000
  • $305,000

    8727 Thomas Dr Unit C36, Panama City Beach, FL 32408

    2beds
    1,086sqft
    Condominium
    Built in 1974
    -- sqft lot
    $301,600 Zestimate®
    $281/sqft
    $2,093 Estimated rent

    Home value

    $301,600

    $274,000 - $332,000

    $2,093/mo

    Zestimate® history
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    What's special

    Direct gulf accessDirect beach accessGulf-front communityThoughtful split-bedroom layoutWell-maintained beachfront communitySliding glass doorsTrue indoor-outdoor living
    Fantastic opportunity at Sugar Beach, a Gulf-front community ideally located on Thomas Drive. This ground-level 2-bedroom, 2-bath residence offers 1,086 square feet of well-designed living space and a rare combination of convenience, comfort, and direct beach access. Unlike upper-floor units, this condo allows true indoor-outdoor living—no elevators, no stairs—just effortless access to the sand and Gulf waters. The open-concept living and dining area is bright and inviting, with large windows that fill the space with natural light. All windows and exterior doors, including the sliding glass doors, have been recently replaced, offering improved energy efficiency, storm protection, and long-term peace of mind. Durable ceramic plank flooring throughout ensures low-maintenance ownership, ideal for both personal use and rental performance. The thoughtful split-bedroom layout provides privacy for owners and guests alike, making it equally suited as a primary residence, second home, or income-producing investment. All air ducts have been recently cleaned, enhancing interior air quality and overall comfort. Sugar Beach is a well-maintained, beachfront community featuring resort-style amenities including a pool and direct Gulf access. Owners and guests enjoy the simplicity of coastal living, with dining, shopping, and entertainment just minutes away—offering the perfect balance of relaxed beach lifestyle and everyday convenience.

    Zillow last checked:

    Listing updated:

    Listed by:

    John B Skinner Jr. 850-543-5763,

    Keller Williams Realty Emerald

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 785059MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bathroom
    Bedroom
    • Level: First
    • Dimensions: 13 x 12
    Primary bathroom
    • Level: First
    • Dimensions: 15 x 12
    Kitchen
    • Level: First
    • Dimensions: 9 x 8
    Living room
    • Level: First
    • Dimensions: 21 x 13
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven
    Features
    • Smart Thermostat
    Interior area
    • Total structure area: 1,086
    • Total interior livable area: 1,086 sqft

    Property

    Parking
    • Parking features: Parking Lot, Gated
    Features
    • Patio & porch: Covered, Porch
    • Pool features: In Ground, Community
    Details
    • Parcel number: 30189099000

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Barbecue, Conference/Meeting Room, Laundry Facilities, Pool, Tennis Court(s), Community Pool, Gated, Short Term Rental Allowed
    • Security: Gated Community, Fire Alarm, Security Gate
    • Subdivision: Sugar Beach Condo
    HOA
    • Has HOA: Yes
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $281/sqft
    • Tax assessed value: $327,525
    • Annual tax amount: $3,890
    • Date on market: 2/18/2026
    • Cumulative days on market: 58 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/1/2026Sold$305,000-3.9%$281/sqft
    Source: CPAR #785059 Report a problem
    4/10/2026Pending sale$317,500$292/sqft
    Source: ECAOR #995007 Report a problem
    2/26/2026Price change$317,500-2.3%$292/sqft
    Source: CPAR #785059 Report a problem
    2/11/2026Listed for sale$324,900-3.7%$299/sqft
    Source: CPAR #785059 Report a problem
    1/1/2026Listing removed$337,500$311/sqft
    Source: ECAOR #989131 Report a problem
    12/2/2025Listed for sale$337,500$311/sqft
    Source: CPAR #769570 Report a problem
    11/23/2025Pending sale$337,500$311/sqft
    Source: ECAOR #989131 Report a problem
    11/18/2025Price change$337,500-2.2%$311/sqft
    Source: ECAOR #989131 Report a problem
    9/17/2025Price change$345,000-6.7%$318/sqft
    Source: CPAR #769570 Report a problem
    8/4/2025Price change$369,900-2.7%$341/sqft
    Source: CPAR #769570 Report a problem
    6/27/2025Price change$380,000-5%$350/sqft
    Source: CPAR #769570 Report a problem
    6/3/2025Price change$399,900-3.6%$368/sqft
    Source: CPAR #769570 Report a problem
    3/1/2025Listed for sale$415,000+88.6%$382/sqft
    Source: CPAR #769570 Report a problem
    11/20/2020Sold$220,000-4.3%$203/sqft
    Source: CPAR #699543 Report a problem
    7/11/2020Listed for sale$230,000+2.2%$212/sqft
    Source: Miller & Associates Realty #699543 Report a problem
    11/5/2019Listing removed$225,000$207/sqft
    Source: Miller & Associates Realty #689668 Report a problem
    10/12/2019Listed for sale$225,000+28.6%$207/sqft
    Source: Miller & Associates Realty #689668 Report a problem
    9/20/2016Listing removed$175,000+6.1%$161/sqft
    Source: Counts Real Estate Group Inc #628393 Report a problem
    9/19/2016Sold$165,000-5.7%$152/sqft
    Source: Public Record Report a problem
    7/20/2015Price change$175,000-12.5%$161/sqft
    Source: Counts Real Estate Group Inc #628393 Report a problem
    2/5/2015Listed for sale$199,900$184/sqft
    Source: Counts Real Estate Group Inc #628393 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,786 +5.8%$248,897 +10%
    2023$3,579 +37%$226,270 +10%
    2022$2,613 $205,700
    2021-- --
    2020$2,056 +19.2%$154,275 +14.8%
    2019$1,724 $134,385 -4.2%
    2018$1,724 -9.5%$140,250 +10%
    2017$1,905 +28.1%$127,500 +11.1%
    2016$1,487 +14.9%$114,750 +7.4%
    2015$1,294 $106,800 +9.3%
    2014$1,294 $97,750
    2013-- $97,750 -4.2%
    2012-- $102,000
    2011-- $102,000 -28.4%
    2010-- $142,494 -10%
    2009-- $158,327 -21.5%
    2008-- $201,691 -10%
    2007-- $224,101 -10%
    2006-- $249,001
    2005-- $249,001 +130.6%
    2004-- $108,001
    2003-- $108,001
    2002-- $108,001 +56.5%
    2001-- $69,005
    2000-- $69,005
    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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