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$265,000

Est. payment - /mo

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1 Bed

1 Bath

752 SqFt

Active

8727 Thomas DR #E16 Panama City Beach, FL 32408

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Kevin Dehlinger

kevin@dehlingerteam.com +1(850) 502-0674

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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 $1,546/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

Listed by Beachy Beach Real Estate

Learn More About LPT Realty

Kevin Dehlinger

Agent | License ID: SL3413116

+1(850) 502-0674

8727 Thomas DR #E16 Panama City Beach, FL 32408

Kevin Dehlinger

Key Details

Location

Interior

Exterior

Building

Schools

Others

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8727 Thomas DR #E16