8727 Thomas Drive, Unit B17
Panama City, FL 32408

$449,000 - Status: Active Under Contract

Beds: 3

Baths: 3 full

SQFT (H&C): 1,512

MLS# 782160

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS! 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!!!

Property Features

MLS#: 782160

Zip: 32408

Subdivision: Sugar Beach Condo

Development: 0323 - Beach - South Of Grand Lagoon

Property Type: Residential - Condominium

Days on Site: 171

Home Style: Low Rise

Stories: 3.0

Taxes: $4,828

Year Built: 1974

SQFT (H&C): 1,512

Feature Descriptions

Association Amenities: Beach Rights, Gated, Barbecue, Picnic Area

Community Features: Community Pool, Short Term Rental Allowed

Parcel#: 30189-035-000

Patio/Porch: Balcony

Pool: Community

Sewer: Public Sewer

Utilities: Cable Connected

Waterfront: Other

Room Sizes

Other: 14 X 7 Level - Second

Other: 14 X 7 Level - First

Full Bath: 11 X 8 Level - Second

Primary Bathroom: 11 X 8 Level - Second

Full Bath: 11 X 8 Level - First

Kitchen: 11 X 8 Level - First

Living Room: 14 X 13 Level - First

Bedroom: 14 X 14 Level - Second

Primary Bedroom: 14 X 16 Level - Second

Bedroom: 11 X 9 Level - First

Local Schools

High School: Arnold

Middle School: Breakfast Point

Elementary School: Breakfast Point

8727 Thomas Drive, Unit B17 | MLS# 782160

This condo located at 8727 Thomas Drive, Unit B17, Panama City, FL 32408 is currently listed for sale by Beachy Beach Real Estate, with an asking price of $449,000. This property was built in 1974 and has 3 bedrooms and 3 full baths with 1512 sq. ft. Thomas Drive, Unit B17 is located in the Sugar Beach Condo subdivision. Search Sugar Beach Condo real estate on www.beachybeach.com today.