$327,500
8727 Thomas Drive C40
Panama City, FL 32408
MLS# 782393
2 beds  |  2 baths  |  1086 sqft


Great Location!
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Great Location! Private Patio View Private Patio with Water Views Master Bedroom with Gulf Views Master Bedroom Master Bedroom with Patio Access Master Bathroom Large Guest Suite Large Guest Suite with Ample Storage Large Guest Suite with Attached Bathroo Guest Bathroom Fully Equipped Kitchen Open Floorplan Breakfast Bar Open Floorplan Large Dining Area Large Living Room with Water Views! Large Living Room with Water Views Plenty of Room to Gather! Entryway Location 47-web-or-mls-8727-thomas-dr Beautiful Greenspace Clubhouse and Entertainment Area Gulf Front Pool Ping Pong and Games Gulf Front Grilling Area Shuffle Board Shuffleboard and Tennis Tennis Private Beach Access Private Gated Beach Access
Open House (01/18/2026 - 2:00 pm - 3:30 pm)

Property Description
Imagine cherishing something so much that you keep it in your family for almost 30 years. Such love is something seldom found in today's society, but this truly special condo has been blessed with seeing several generations of sandy feet, sun kissed shoulders, and lifelong memories created by the same caring family. From the moment you are welcomed inside, you can feel that this one is simply different than the rest. There is a sense of calm and tranquility that washes over you, and you know that you are in a special place where peace and happiness surround you with a warm embrace. This unique condo offers a airy coastal vibe, has incredibly spacious double master suites, partially updated private ensuites, and an open concept dining and living area full of unbelievable natural light and ocean breezes. Simply put, this condo has an aura about it unlike anything else you will find on the beach. Step onto your private back patio overlooking the most unique greenspace found anywhere this close to the sugar white sand. The acres of meticulously manicured grounds take you to a place far away from the daily stress of life. From the peaceful pond with fountains and playful Koi fish, to the turtles frequently caught sunbathing on the banks... you find yourself getting lost in the serene oasis that is Sugar Beach. With incredible pond views and a peekaboo gulf view from both the Master Bedroom and the patio, and being just a few steps to your own private beach, this condo truly offers everything you could ever imagine, and so much more! Convenience is everywhere you look. No elevators, park less than a few steps away from your door, and some of the best entertainment, music, activities, and dining are just outside of this peaceful community - perfectly situated on the Historic Thomas Drive! Park your car when you arrive to paradise, and never touch it again!!! If you are looking for the perfect place to call home, the Sugar Beach community is unlike anything you will find on the beach. This low-rise beach front complex has a true sense of ''family'' - where owners truly know one another and look after each other. From family potluck night, to Superbowl party's, to game night... the Clubhouse is a place where folks come together and create lasting lifelong friendships and memories. And if you are looking for an absolutely amazing investment opportunity, Sugar Beach has everything needed to give you a genuine competitive advantage for generating incredible rental revenue. This unique hidden gem is one of the only remaining pet friendly communities on the beach, which allows owners to bring in $10k-$20k more than neighboring condos. Location, amenities, and convenience... This incredible condo offers a true advantage over all the others, and has the potential to generate well over an 8% annual ROI - based on neighbors ACTUAL rentals, not projections! Do yourself a favor and look at all the other condo communities on the beach. Don't just look at the pictures and prices, actually go to the area and FEEL the location for yourself. Then, come be our guest and visit unit C40. You will forever be changed... Welcome Home!

Details
Maps
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 2252.19
HOA Frequency: Quarterly
HOA Annual Amount: 9008.76
New Buyer Fee: No
Last Taxes: 3644
Last Tax Year: 2024
Brokerage Interest: No Interest
Condo Doc: Yes
Contract Info
List Price/SqFt: 301.57
Status: Active
List Date: 2025-12-05
List Price: $327,500
Current Price: $327,500
Location
Unit #: C40
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Traveling East on Thomas Dr, turn right on Joan Avenue at the stoplight. The gated entrance to Sugar Beach will be immediately on the right. Enter the gate code at the keypad, pull in to the complex, turn right, and C40 will be just in front of you on the right, 3rd floor, no elevators, and just a few feet from your car!!!
Area: 03 - Bay County - Beach
Street #: 8727
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Sugar Beach Condo
Parcel ID: 30189-103-000
Legal Description: SUGAR BEACH CONDO APT #C-40 2BR 2B 1086 H&C ORB 1733 P 1847
General Property Info
Floor Number: 3
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1086
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 3
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 2
Full Baths: 2
Total Baths: 2
Year Built: 1974
Remarks & Misc
Remarks: Imagine cherishing something so much that you keep it in your family for almost 30 years. Such love is something seldom found in today's society, but this truly special condo has been blessed with seeing several generations of sandy feet, sun kissed shoulders, and lifelong memories created by the same caring family. From the moment you are welcomed inside, you can feel that this one is simply different than the rest. There is a sense of calm and tranquility that washes over you, and you know that you are in a special place where peace and happiness surround you with a warm embrace. This unique condo offers a airy coastal vibe, has incredibly spacious double master suites, partially updated private ensuites, and an open concept dining and living area full of unbelievable natural light and ocean breezes. Simply put, this condo has an aura about it unlike anything else you will find on the beach. Step onto your private back patio overlooking the most unique greenspace found anywhere this close to the sugar white sand. The acres of meticulously manicured grounds take you to a place far away from the daily stress of life. From the peaceful pond with fountains and playful Koi fish, to the turtles frequently caught sunbathing on the banks... you find yourself getting lost in the serene oasis that is Sugar Beach. With incredible pond views and a peekaboo gulf view from both the Master Bedroom and the patio, and being just a few steps to your own private beach, this condo truly offers everything you could ever imagine, and so much more! Convenience is everywhere you look. No elevators, park less than a few steps away from your door, and some of the best entertainment, music, activities, and dining are just outside of this peaceful community - perfectly situated on the Historic Thomas Drive! Park your car when you arrive to paradise, and never touch it again!!! If you are looking for the perfect place to call home, the Sugar Beach community is unlike anything you will find on the beach. This low-rise beach front complex has a true sense of ''family'' - where owners truly know one another and look after each other. From family potluck night, to Superbowl party's, to game night... the Clubhouse is a place where folks come together and create lasting lifelong friendships and memories. And if you are looking for an absolutely amazing investment opportunity, Sugar Beach has everything needed to give you a genuine competitive advantage for generating incredible rental revenue. This unique hidden gem is one of the only remaining pet friendly communities on the beach, which allows owners to bring in $10k-$20k more than neighboring condos. Location, amenities, and convenience... This incredible condo offers a true advantage over all the others, and has the potential to generate well over an 8% annual ROI - based on neighbors ACTUAL rentals, not projections! Do yourself a favor and look at all the other condo communities on the beach. Don't just look at the pictures and prices, actually go to the area and FEEL the location for yourself. Then, come be our guest and visit unit C40. You will forever be changed... Welcome Home!
Balcony
First: 1
Pool Features
Fenced: 1
Inground: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Floor - Tile: 1
Split Bedroom: 1
Window - Treatment All: 1
Construction/Siding
Block: 1
Concrete: 1
Foundation - Slab on Grade: 1
Roof - Flat: 1
Roof - Membrane: 1
Siding - Hardie Board: 1
Exterior
Balcony: 1
Patio Covered: 1
Other Structures
Tennis Court(s): 1
Association Fees Include
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Dumpster: 1
Ground Keeping: 1
Picnic Area: 1
Pool: 1
Sewer: 1
Tennis: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Irrigation: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Furnished
Furnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Coastal Construction Control Line: 1
Covenants & Rescrictions: 1
Dedicated Beach: 1
Landscaped: 1
Near Beach Access: 1
Waterfront: 1
Within 1/2 Mile to Water: 1
Lot Access
City Street: 1
Gated Access: 1
Parking Features
Electric Gate: 1
Parking Lot: 1
Paved: 1
Mstr Bath / Mstr Bdrm
MBed Balcony: 1
MBed Waterfront: 1
MBath Shower/Tub Combo: 1
Present Zoning
Resid Multi-Family: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Dumpster: 1
Gated Community: 1
Laundry: 1
Picnic Area: 1
Pool: 1
Tennis: 1
Waterfront: 1
Pickle Ball: 1
Shuffleboard Court: 1
Rooms
Balcony: 1
Bedroom: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Master Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Internet - Broadband Available: 1
Phone - Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Other - See Remarks: 1
Sale Type
As Is: 1
Full Bathroom
First: 1
Waterfront Type
Other: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Security Features
Closed Circuit Camera(s): 1
Gated Community: 1
Security Fence: 1
Security Gate: 1
Smoke Detector(s): 1
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Full Bathroom: First
Master Bedroom: First
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Exterior: Balcony; Patio Covered
Association Fees Include: BBQ Pit/Grill; Beach; TV Cable; Community Room; Dumpster; Irrigation; Ground Keeping; Picnic Area; Pool; Sewer; Tennis; Trash Disposal; Water
Financing: Cash; Conventional; Other
Furnished: Furnished
Kitchen: First
Living Room: First
Lot Features: Coastal Construction Control Line; Covenants & Rescrictions; Dedicated Beach; Landscaped; Near Beach Access; Waterfront; Within 1/2 Mile to Water
Lot Access: City Street; Gated Access
Balcony: First
Pool Features: Fenced; Inground
Security Features: Closed Circuit Camera(s); Gated Community; Security Fence; Security Gate; Smoke Detector(s)
Parking Features: Electric Gate; Parking Lot; Paved
Other Structures: Tennis Court(s)
Association Amenities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Gated Community; Laundry; Pickle Ball; Picnic Area; Pool; Shuffleboard Court; Tennis; Waterfront
Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Master Bedroom
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Internet - Broadband Available; Phone - Available; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Other
Waterview: Other - See Remarks
Present Zoning: Resid Multi-Family
Room Information
Room Name Level Dimensions Length Width Dimensions Remarks
Master BedroomFirst15 x 1415.0014.0015 x 14
BedroomFirst13 x 1213.0012.0013 x 12
KitchenFirst9 x 89.008.009 x 8
Living RoomFirst21 x 1321.0013.0021 x 13Living/Dining Combo
Full BathroomFirst8 x 68.006.008 x 6
Full BathroomFirst8 x 68.006.008 x 6
BalconyFirst15 x 815.008.0015 x 8

Listing Office: Beachy Beach Real Estate

Last Updated: January - 18 - 2026

Information deemed reliable but not guaranteed.