Home\Real Estate\Search Results\8727 Thomas Drive, UNIT E16, Panama City Beach, FL 32408

8727 Thomas Drive, UNIT E16, Panama City Beach, FL 32408

#974161

RES

1/1

Built in 1974

$265,000

Contact Agent

Colin 1

Colin Kirkwood

[email protected]
(407) 467-0668

Details

6%+ ROI... Find a condo in today's market that can beat that using ACTUAL rentals, not simple projections! Let's look at the facts... This is one of the LOWEST OVERALL PRICED, LOWEST Sq/Ft PRICED, and LOWEST HOA's of all the 1 Bedroom / 1 Bathroom condos located on the beach side of Front Beach! 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. Mere steps from the sugar white sand, and overlooking a tranquil courtyard that is incredibly 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, and some of the Beach's best bars/restaurants - directly in front of the property. And did I mention that Tootsies Beach Bar (owned by Kid Rock) is opening 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 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 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! If you are looking for the best investment on the beach, or if you are looking for the next place to call home, this incredible condo offers everything you could ever dream of - and so very much more!
REAL ESTATE
Real Estate Type RES
Construction Roof Membrane
Slab
Stucco
Cooling Ceiling Fans
Central Air
Full Bathrooms 1
Half Bathrooms 0
One Quarter Bathrooms 0
Three Quarter Bathrooms 0
Heating []
Lot Size 0
Real Estate Sub Type Condominium
Stories 0
Style N/A
Subdivision Sugar Beach
View Pond
Lake
Year Built 1,974
Interior Features Floor Tile
Furnished - All
Washer/Dryer Hookup
Window Treatment All
Exterior Features Deck Covered
Pool - In-Ground
Porch
Tennis Court
Unit Number UNIT E16
Lot Size Units Acres
Lot Size Area 0
Agent MLS Id E32510
Office Key 20,140,121,012,113,300,000,000,000
Source System Name Emerald Coast Association of REALTORSĀ®
Source System Id M00000138
Agent Url https://beachybeach.com/agents/garrett-aune/
Elevation 0
Directions Traveling East on Thomas Drive
turn right onto Joan Avenue at the stoplight. The gated entrance to Sugar Beach will be immediately on the right. Enter the gate code at the keypad
pull into the complex
and E16 will be directly in front of you
on the ground floor - 15 steps from your car!!!
County Bay
Parcel Number 30189-144-000
Appliances Dishwasher
Microwave
Smoke Detector
Stove/Oven Electric
Number Of Units Total 0
Fireplace False
Tax Legal Description SUGAR BEACH CONDO APT #E-16 1BR 1B 752 H&C ORB 435 P 268 ORB 4344 P 252
Parking Total 0
Parking Features []
Waterfront True
Waterfront Features Lake
Window Features []
Rooms 4
Other Structures []
Utilities Electric
Phone
Public Sewer
Public Water
TV Cable
Special Listing Conditions []
Private Pool False
Spa False
Fencing []
Internet Address Display True
Internet Automated Valuation Display False
Agent Name Garrett S Aune
Agent Email [email protected]
Broker Id EBBI
Listing Contract Date 4/17/2025
Square Feet 752
Days On Market 1
Status Active
Elementary School Breakfast Point
Middle School Breakfast Point
High School Arnold
Office Name Beachy Beach Real Estate
GENERAL
Property Condition Construction Complete

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