INVESTORS TAKE NOTICE... LOWEST PRICED 3 BEDROOM CONDO on the

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Condo For Sale

8727 Thomas Dr B17

Panama City, Florida 32408

Bay County

Waterfront: Yes

Community: Sugar Beach Condo

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$449,000 3 br, 3.0 bath 1512 sq. ft. 0.000 acres

INVESTORS TAKE NOTICE... LOWEST PRICED 3 BEDROOM CONDO on the BEACH! 7% average ROI! You don't want to miss out on this one!!! Countless updates which include: kitchen counter tops and coastal backsplash, stainless appliances, drop panel ceiling (kitchen/hall area) with energy efficient lighting, tile flooring downstairs, LVP flooring in downstairs bedroom/on the stairs/upstairs, and new hurricane sliding doors and windows. Over $70k invested in the last 2 years!!! Sugar Beach is one of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, a HUGE greenspace with incredible Koi/Turtle Pond, Private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). The only thing this unit needs to be transformed into a RENTAL BEAST is some updated furniture. Less than $10k will COMPLETELY transform this unit and you should match the others in the complex which average $65k annually. Some of the 3 bedrooms even do $80k a year!!! The needed furniture has been factored into the price, and this one will be grabbed up quick considering it is over $40k cheaper than the next comp! The potential at this price is UNLIMITED, so don't miss out on this incredible Steal of a Deal!!!

Interior:
  • Bedrooms: 3
  • Baths: 3.0
  • Sq Ft: 1512
  • Year Built: 1974
  • Utilities: 
  • Fireplaces: 
  • Stories: 3
  • Heat/AC: 
  • Garage: 
Exterior:
  • Lot Size: 0.000 acre
  • Lot Dimensions: 
  • Waterfront: Yes
  • View Types: 
  • Yard: 
  • Siding: 
  • Roof: 
  • Property Taxes: $4,828
  • MLS #: 782160
  • Unit Number: B17
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Contact Information:
Beach Condo For Sale in Panama City, Florida
Listing Agent: Garrett S Aune, Beachy Beach Real Estate, 850-588-8908, 850-233-4351 Listing Site, Listing Status: Active
Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ad Number: 6910200
Viewed 105 times.
Updated: Mar 06, 2026

This property is a Condo located at 8727 Thomas Dr B17, Panama City, Florida 32408, and is currently For Sale at $449,000. This Condo has 3 bedrooms, 3.0 baths, 1512 sq ft.