8727 Thomas DR #E16 Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32408
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 752 sqft
Price per Sqft $352
Subdivision Sugar Beach Condo
MLS Listing ID 770887
Style Low Rise
Bedrooms 1
Full Baths 1
HOA Fees $515/qua
HOA Y/N Yes
Year Built 1974
Annual Tax Amount $2,891
Tax Year 2024
Property Sub-Type Condominium
Property Description
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!
Location
State FL
County Bay
Community Barbecue,Beach,Clubhouse,Laundry Facilities,Other,Pool,See Remarks,Short Term Rental Allowed,Tennis Court(S),Waterfront,Gated,Sidewalks
Area 03 - Bay County - Beach
Interior
Heating Central,ENERGY STAR Qualified Equipment
Cooling Central Air,ENERGY STAR Qualified Equipment
Furnishings Furnished
Fireplace No
Appliance Dryer,Washer/Dryer Stacked,Dishwasher,Electric Oven,Electric Water Heater,Disposal,Refrigerator,Washer
Laundry Stacked
Exterior
Exterior Feature Built-in Barbecue,Balcony,Patio
Parking Features Additional Parking,Parking Lot
Fence Full
Pool Fenced,In Ground,Community
Community Features Barbecue,Beach,Clubhouse,Laundry Facilities,Other,Pool,See Remarks,Short Term Rental Allowed,Tennis Court(s),Waterfront,Gated,Sidewalks
Utilities Available Trash Collection
Amenities Available Beach Rights,Gated,Picnic Area
Waterfront Description Lake,Lake Front,Other,Shoreline - Sand,Waterfront
View Y/N Yes
Water Access Desc Lake,Lake Front,Other,Shoreline - Sand,Waterfront
View Lake
Roof Type Flat
Porch Balcony,Open,Porch
Building
Lot Description Landscaped,Waterfront
Story 3
Architectural Style Low Rise
Additional Building Tennis Court(s),Pool House
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
HOA Fee Include Clubhouse,Cable TV,Maintenance Grounds,Other,Pool(s),Sewer,See Remarks,Security,Tennis Courts,Trash,Water
Tax ID 30189-144-000
Security Features Gated Community,24 Hour Security,Smoke Detector(s),Security Service
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is