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8727 Thomas Drive , Unit A7
Panama City, FL 32408

$640,000 - Status: Active
Bed Icon Beds: 4
Bath Icon Baths: 3 full
Sq Feet Icon SQFT (H&C): 1,750
MLS Icon MLS# 797357

Over $90k annually in ACTUAL rentals. . . Incredible ROI and CAP rates. . . Completely Remodeled. . . LOWEST PRICED 4-bedroom Condo you will find that offers everything an investor could dream of - and so much more! Sugar Beach is perfectly located right in the heart of the most desirable location on Thomas Drive. Everything a renter could ever want is right outside their door, and that is exactly why this absolutely gorgeous unit blows away the competition when it comes to rental income. The beach's best restaurants, the area's most iconic bars, the town's most recognizable attractions, and the world's most beautiful beaches. . . a better location simply doesn't exist! Being pet friendly for renters offers a distinct advantage over almost every other complex on the beach, and the truly unique greenspace offers a tranquil Coy and Turtle pond that simply can't be found this close to the sand anywhere else in town. And with the entire complex being newly updated, the milestone inspection being passed with flying colors, and the association actually LOWERING the HOA dues this year, it is easy to see why Sugar Beach is one of the most sought-after communities in the Panhandle. And the condo itself. . . Absolutely gorgeous. Every inch has been remodeled inside and out with high end coastal flare, and the beach views are beyond breathtaking. With parking directly outside your door, 2 private patios overlooking the peaceful courtyard and beach, and enough room to sleep up to 12 people comfortably, this rental beast is truly unlike the others. And with the next closest comp being priced over $150k more, blink and you will likely miss this truly one-of-a-kind investment opportunity!

Upcoming Open Houses

Open House Wednesday November 4th, 11:30am - 1:00pm

Property Features

MLS#: 797357
Zip: 32408
Subdivision: Sugar Beach Condo
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Heating: Central
Home Style: Low Rise
Roof Type: Flat, Membrane
Stories: 3.0
Taxes: $6,547
Year Built: 1974
SQFT (H&C): 1,750

Feature Descriptions

Appliances: Electric Oven, Electric Water Heater
Association Amenities: Beach Rights, Game Room, Gated, Barbecue
Building Features: Dumpster
Community Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Game Room, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
Door Features: Storm Door(s)
Exterior: Block, HardiPlank Type, Concrete
HOA Fee: $3238 Quarterly
Interior Features: Interior Steps, Smart Thermostat, Tub Shower, Upper Level Primary
Lot Description: Paved
Parcel#: 30189-008-000
Parking: Gated, Parking Lot
Parking Notes: Gated, Parking Lot
Patio/Porch: Balcony, Covered, Patio
Pool: In Ground, Community
Security: Closed Circuit Camera(s), Gated Community,24 Hour Security, Security Lights, Security Gate, Smoke Detector(s)
Sewer: Public Sewer
Special View Info: Gulf, Other, Water
Utilities: Cable Connected
Waterfront: Other, Shoreline - Sand
Window: Storm Window(s)

Room Sizes

Primary Bathroom: 7 X 7 Level - Second
Full Bath: 11 X 7 Level - Second
Full Bath: 11 X 7 Level - First
Kitchen: 11 X 8 Level - First
Living Room: 26 X 14 Level - First
Bedroom: 11 X 10 Level - First
Bedroom: 12 X 14 Level - Second
Bedroom: 11 X 10 Level - Second
Primary Bedroom: 16 X 14 Level - Second

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

8727 Thomas Drive , Unit A7 | MLS# 797357

This condo located at 8727 Thomas Drive , Unit A7, Panama City, FL 32408 is currently listed for sale by Beachy Beach Real Estate, with an asking price of $640,000. This property was built in 1974 and has 4 bedrooms and 3 full baths with 1750 sq. ft. Thomas Drive , Unit A7 is located in the Sugar Beach Condo subdivision. Search Sugar Beach Condo real estate on kdalrymple.beachybeach.com today.

Listed By / Shown By

agent picture

Listed By

Agency Name: Beachy Beach Real Estate

Shown By

Agent Name: Kevin Dalrymple
Agent Phone: (850) 381-0744

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/03/2026. The listing information on this page last changed on 11/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 11/03/2026 12:31:24 AM EST) or Emerald Coast MLS (last updated Tue 11/03/2026 12:05:28 AM EST) or Central Panhandle Association of Realtors (last updated Tue 11/03/2026 12:27:21 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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