Discover the laid-back coastal lifestyle of Sugar Beach, a gated beachfront community in the heart of Panama City Beach. This well-positioned condo offers the ideal combination of beach access, pool proximity, resort-style amenities, convenience, and investment potential.
Whether you're searching for a vacation getaway, a second home, or an income-producing property, Sugar Beach provides an appealing setting just minutes from the area's popular dining, entertainment, shopping, golf, boating, and family-friendly attractions. The community's beachfront location makes it easy to enjoy long days in the sun, while the convenient location puts everything Panama City Beach has to offer within easy reach.
Residents and guests enjoy convenient parking near their units, eliminating the hassle of navigating crowded parking areas or elevators.
Sugar Beach offers an impressive array of amenities designed for both relaxation and recreation, including private gated beach access, a resort-style swimming pool, two tennis courts, shuffleboard, a community room with kitchen, ping pong, and a beautifully landscaped pond featuring koi and turtles. Outdoor grilling areas provide the perfect place to gather after a day at the beach.
The quarterly HOA fee includes water, trash, cable, exterior insurance, grounds maintenance, 24-hour video surveillance, and access to the community's extensive amenities. Daily on-site maintenance and weekday on-site property management add another level of convenience for owners.
With its beachfront setting, desirable amenities, and proximity to Panama City Beach's restaurants, attractions, and entertainment, Sugar Beach offers an exceptional opportunity to enjoy the coastal lifestyle while maintaining strong flexibility for personal use or rental potential. Come experience all that this community has to offer and make your own piece of Panama City Beach paradise yours.
For sale
$268,000
8727 Thomas Dr Unit E8, Panama City Beach, FL 32408
1beds
752sqft
Condominium
Built in 1974
-- sqft lot
$253,400 Zestimate®
$356/sqft
$467/mo HOA
What's special
Beachfront settingBeach accessResort-style swimming poolTwo tennis courtsPrivate gated beach accessPing pongOutdoor grilling areas
- 5 days
- 217
- 10
Zillow last checked:
Listing updated:
Listed by:
Kathy S Bass 850-832-1007,
Avenue Realty
Source: CPAR,MLS#: 794575
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Dining Room, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 17 x 13
Dining room
- Level: First
- Dimensions: 15 x 11
Living room
- Level: First
- Dimensions: 28 x 15
Heating
- Central, Electric
Appliances
- Included: Electric Cooktop, Electric Water Heater
Features
- Main Level Primary
Interior area
- Total structure area: 752
- Total interior livable area: 752 sqft
Property
Parking
- Parking features: No Garage, Parking Lot
Features
- Patio & porch: Patio
- Exterior features: Patio
- Pool features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Other, Shoreline - Sand, Shoreline - Natural
Lot
- Features: Paved
Details
- Parcel number: 30189136000
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: Low Rise
- Property subtype: Condominium
Materials
- Stucco
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Phone Connected
Community & HOA
Community
- Features: Beach, Clubhouse, Game Room, Laundry Facilities, Park, Pool, Tennis Court(s), Gated, Short Term Rental Allowed
- Security: Gated Community
- Subdivision: Sugar Beach Condo
HOA
- Has HOA: Yes
- Services included: Insurance, Legal/Accounting, Maintenance Grounds, Recreation Facilities, Trash
- HOA fee: $1,400 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $226,794
- Annual tax amount: $2,429
- Date on market: 8/25/2026
Estimated market value
$253,400
$241,000 - $266,000
$1,365/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $268,000+257.3%$356/sqft |
Source: | ||
| 4/21/1999 | Sold | $75,000$100/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,385 +3.7% | $118,982 +10% |
| 2023 | $2,300 +24.5% | $108,165 +10% |
| 2022 | $1,847 | $98,332 |
| 2021 | -- | -- |
| 2020 | $1,435 +21% | $81,266 |
| 2019 | $1,186 | $81,266 +10% |
| 2018 | $1,186 -7.6% | $73,878 +10% |
| 2017 | $1,284 +22.1% | $67,162 +10% |
| 2016 | $1,052 +12.2% | $61,056 +10% |
| 2015 | $938 | $55,505 +10% |
| 2014 | $938 | $50,459 +10% |
| 2013 | -- | $45,872 -15.3% |
| 2012 | -- | $54,144 -14.5% |
| 2011 | -- | $63,300 -21% |
| 2010 | -- | $80,125 -10% |
| 2009 | -- | $89,028 -21.5% |
| 2008 | -- | $113,401 -10% |
| 2007 | -- | $126,001 -10% |
| 2006 | -- | $140,001 |
| 2005 | -- | $140,001 +105.9% |
| 2004 | -- | $68,001 |
| 2003 | -- | $68,001 |
| 2002 | -- | $68,001 +58.8% |
| 2001 | -- | $42,810 |
| 2000 | -- | $42,810 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
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.







