8727 Thomas Drive C38, Panama City Beach, FL 32408
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  • MLS#: 769621 ( Residential )
  • Street Address: 8727 Thomas Drive C38
  • Viewed: 30
  • Price: $375,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake,LakeFront,Other,ShorelineSand,Waterfront
  • Year Built: 1974
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 126
  • Additional Information
  • Geolocation: 30.1676 / -85.7912
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: Sugar Beach Condo
  • Building: Sugar Beach Condo
  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold
  • Provided by: Beachy Beach Real Estate
  • DMCA Notice
  • Description
    Lowset hoa's of all the comps, and one of the top 3 lowest priced comps on the beach!!! Investor's dream!!! Newly remodeled (over $35k), one of the only pet friendly vacation rentals on the beach, park just a few feet from your door (no elevators! ), sleeps 8, incredible roi potential, gated community, and located in one of the most highly sought after locations on the beach... The perfect condo truly does exist! Booked all summer for immediate return on your investment! 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 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, video 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! No need to drive after those adult beverages, your condo is perfectly located just a few seconds away!!! And did i mention that tootsies is soon opening it's very first beach bar just 2 doors down?!? Yep... Talk about killer location!!! Ammenities: success in business is all about competitive advantage, and sugar beach offers something that differentiates itself from every other rental in pcb... It is one of the only pet friendly gulf front destinations in the entire area. Years of market data shows that pet friendly options bring a higher nightly rate, have a better occupancy 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 certaily 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 2 bedroom in sugar beach brings in over $40k annually in rentals, and some of the well established ones bring in over $70k. At the high end your annual roi potential is truly limitless!!!
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  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: BuiltInBarbecue, Balcony, Patio
  • Fencing: Full
  • Living Area: 1086.00
  • Other Structures: TennisCourts, PoolHouse
  • Roof: Flat
Land Information
  • Lot Features: Landscaped, Waterfront
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: AdditionalParking, ParkingLot
Eco-Communities
  • Pool Features: Fenced, InGround, Pool, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, EnergyStarQualifiedEquipment
  • Heating: Central, EnergyStarQualifiedEquipment
  • Road Frontage Type: CityStreet
  • Utilities: TrashCollection
Amenities
  • Association Amenities: BeachRights, Gated, PicnicArea
Finance and Tax Information
  • Home Owners Association Fee Includes: Clubhouse, CableTv, MaintenanceGrounds, Other, Pools, Sewer, SeeRemarks, Security, TennisCourts, Trash, Water
  • Home Owners Association Fee: 2252.19
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, WasherDryerStacked, Dishwasher, ElectricOven, Disposal, Refrigerator
  • Furnished: Furnished
  • Interior Features: SplitBedrooms
  • Legal Description: SUGAR BEACH CONDO APT #C-38 2BR 2B 1086 H&C ORB 4720 P 572
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30189-101-000
  • Style: LowRise
  • The Range: 0.00
  • Unit Number: C38
  • View: Gulf, Lake
  • Views: 30
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