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Central Panhandle Association of Realtors

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Home / Panama City / 8727 Thomas Drive #B6
8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 8727 Thomas Drive #B6 Panama City, FL 32408 View All Photos

$460,000

| Active

8727 Thomas Drive #B6

Panama City, FL 32408

1,512
Square Feet
3
Beds
3
Baths
0
Days on Market
794799
MLS#
Condo
Structure
Residential
Zone
Contact

Investors Take Notice... this is the ABSOLUTE LOWEST PRICED and one of the LOWEST HOA's of all the 3 Bedroom / 3 Bathroom condos located on the beach!!! This unbelievable condo has been loved by the same family for 27 years, and now that they are starting a new chapter in life, they are offering it up at a once in a lifetime price! Let's look at the facts... Maximizing rental income starts with one basic concept - maximizing ''Heads in Beds.'' And when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: View, Location, Complex Amenities, and Price. VIEW: Most people come to PCB for the breathtaking Gulf views, and being just a few short feet to your very own private Beach Access - this condo does not disappoint. What they don't expect is to also have an incredible view over an expansive courtyard that is so well manicured, including a beautiful Koi/Turtle pond. Sugar Beach is the only place on the beach with views like this, and they are truly unforgettable... LOCATION: After watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of Thomas Drive. If you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that PCB has to offer. Located on the coveted East end of the beach (considerably less traffic), there are go cart tracks, arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, etc. - directly in front of the property. For the adults, there are numerous bars/restaurants, and countless options for live music, right outside your door - including the Famous Ms. Newby's and the all new and Wildly Popular Tootsie's Honkytonk (with big name country music stars performing regularly)! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away! Yep... talk about KILLER location!!! AMMENITIES: Success in business is all about Competitive Advantage, and Sugar Beach offers something that differentiates itself from everyone else in PCB... It is one of the only PET FRIENDLY Gulf-front rental destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one. In addition to being pet friendly, Sugar Beach is a private/family friendly gated community with no elevators. The list of Gulf Front complexes where you can park directly at your door are few and far between, but Sugar Beach offers exactly that! It also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other Gulf Front property in PCB! PRICE: Last but not CERTAINLY not least, renters pick their vacation condo based on price. With a low selling price, low utility costs, and some of the lowest HOA's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit! The average 3 bedroom in Sugar Beach brings in over $60k annually in rentals, and some of the well-established ones bring in over $80k. At the high end your annual ROI would be well over 10% - which is unheard of nowadays. And with over $90k invested in updates over the last few years, it simply doesn't get any better than this! Updates include: All new kitchen cabinets and counter tops, HVAC, water heater, electrical panel, shower inserts, LVP flooring in bedrooms, couch and loveseat, and all new hurricane sliding doors and windows. Welcome to Paradise!!!

Property Details
Interior
Balcony, Shower Only, Smart Thermostat, Upper Level Primary
Cooling
1
Heating
Central, Electric
Cooling Features
Central Air, Ceiling Fans
Bedrooms
3
Bathrooms
3.0
Full Baths
3
View
Gulf,Other
Stories
3
Pool Description
Fenced, In Ground, Community
Pool Features
Fenced, In Ground, Community
Pool Shared
1
Square Feet
1512.0
Parking Features
Gated, Parking Lot
Property Type
Purchase
Style
Low Rise
Property Subtype Additional
Condominium
Year Built
1974
Roof
Membrane
Sewer Information
Public Sewer
Utility Features
Cable Connected, Electricity Available, High Speed Internet Available
Appliances
Electric Oven, Electric Water Heater
Subdivision
Sugar Beach Condo
Community Features
Barbecue, Beach, Clubhouse, Conference Meeting Room, Laundry Facilities, Park, Pool, Tennis Courts, Waterfront, Community Pool,
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
County
Bay
Region
Panama City
Original List Price
$460,000
Taxes Annual
$5,057
HOA
1
HOA Fees
2805.67
MLS #
794799
Location
Legal

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Provided By
Listed by Garrett S Aune (#B11270)
Listing Office: Beachy Beach Real Estate (#BBBI)

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