8727 Thomas Drive, E4, Panama City Beach, FL 32408 (MLS# 748177)

Status: Active

List Date: 2023-10-20

List Price: $289,000

List Price/SqFt: 384.31

Current Price: $289,000

Area: 03 - Bay County - Beach

Street #: 8727

Street Name: Thomas

Street Suffix: Drive

Unit #: E4

State: FL

Zip Code: 32408

County: Bay

Sub Area: 0323 - Beach - South of Grand Lagoon

Subdivision: Sugar Beach Condo

Community/Resort: None

Waterfront: Yes

Parcel ID: 30189-132-000

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Head west toward US-98 E Turn right onto US-98 E Take FL-368 to US-98 W Follow US-98 W and FL-30 W/Front Beach Rd to C R 392/Thomas Dr in Panama City Beach Turn left onto C R 392/Thomas Dr

Legal Description: SUGAR BEACH CONDO APT #E-4 1BR 1B 752 H&C ORB 435 P 268 . ORB 4125 P 1868

Sub-Type: Condominium

Design: Low-Rise (1-3 floors)

Apx SqFt(Htd/Cooled): 752

SqFt Source: Prop App Site

Bedrooms: 1

Full Baths: 1

Total Baths: 1

Year Built: 1974

Construction Status: Construction Complete

Garage Y/N: No

Lot Dimensions: 0 x 0

HOA Fee: Yes

HOA Amount: 991

HOA Frequency: Quarterly

HOA Annual Amount: 3964

New Buyer Fee: No

Last Taxes: 2075

Last Tax Year: 2022

Brokerage Interest: No Interest

Condo Doc: Yes

Remarks: Discover the allure of this exquisite one-bedroom residence nestled within the prestigious Sugar Beach Condo. This exclusive enclave boasts a plethora of amenities, including private beach access, 24/7 gated surveillance, a clubhouse, barbecue facilities, tennis courts, pickleball, shuffleboard, and fishing opportunities. It's not just a place to live; it's a welcoming haven for families and pets alike. Ideally located mere minutes away from world-class dining, shopping, and family-friendly activities, Sugar Beach Condo offers the perfect blend of convenience and luxury. This unit has been thoughtfully upgraded, with a brand-new water heater and air conditioning. All appliances were replaced in 2019, and the roof was also refreshed that year. The seller is even covering the cost of replacing all windows and glass doors. As you step inside, an abundance of natural light pours in through the glass doors, creating a warm and inviting atmosphere. The generously sized master bedroom is tucked away at the rear of the unit, offering a retreat of tranquility. Stroll down the hall, and you'll be captivated by the view of the serene coy pond through the expansive glass sliding doors, infusing your living room and kitchen with a sense of wonder. The kitchen is equipped with all-new appliances, and the living room features brand-new furniture. When you step onto the secluded back porch, you can savor the splendid weather while relaxing with friends and family. This unit represents an exceptional investment opportunity, with the potential to generate over $30,000 in rental income. Schedule your private viewing today and immerse yourself in the splendor of this remarkable property.