8727 Thomas Drive B17, Panama City, FL 32408
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  • MLS#: 782160 ( Residential )
  • Street Address: 8727 Thomas Drive B17
  • Viewed: 57
  • Price: $449,000
  • Price sqft: $297
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Other
  • Year Built: 1974
  • Bldg sqft: 1512
  • Bedrooms: 3
  • Total Baths: 3
  • Full Baths: 3
  • Days On Market: 130
  • Additional Information
  • Geolocation: 30.168 / -85.7905
  • County: BAY
  • City: Panama City
  • 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
    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!!!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
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
Eco-Communities
  • Pool Features: Community
Utilities
  • Carport Spaces: 0.00
  • Sewer: PublicSewer
  • Utilities: CableConnected
Amenities
  • Association Amenities: BeachRights, Gated, Barbecue, PicnicArea
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • 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
  • Legal Description: SUGAR BEACH CONDO APT #B-17 3BR 2B 1512 H&C ORB 435 P 268 ORB 3974 P 756 .
  • Levels: ThreeOrMore
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30189-035-000
  • Style: LowRise
  • The Range: 0.00
  • Unit Number: B17
  • Views: 57
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