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8727 Thomas Drive UNIT C40, Panama City Beach, FL 32408 (MLS# 995062)

8727 Thomas Drive UNIT C40, Panama City Beach, FL 32408

$314,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,086 Status: Active
Current Price: $314,000 List Date: 2/11/2026 Last Modified: 3/06/2026

Description

$5k Sellers Credit to cover the cost of ALL NEW FLOORING throughout!!! 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.

Supplements: 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!

More Information MLS# 995062

Contract Info

Listing Board: Emerald Coast List Price/SqFt: 289.13 List Date: 2026-02-11 Current Price: $314,000 List Price: $314,000

Location, Tax and Legal

Unit #: UNIT C40 Sub Area: 2719 - Beach - East Elementary School: Breakfast Point Middle School: Breakfast Point High School: Arnold Legal Description: SUGAR BEACH CONDO APT #C-40 2BR 2B 1086 H&C ORB 1733 P 1847

General Property Info

Sub-Type: Condominium Design: N/A SqFt Source: County PA Records Stories In Unit: 1 # of Units in Bldg: 1 Stories in Building: 3 Unit Floors Above Ground: 3 Immediate Occupancy: Yes Garage: No Carport: No Pool: Yes Pool Type: Community Apx SqFt(Htd/Cooled): 1086 Bedrooms: 2 Full Baths: 2 Total Bathrooms: 2 Year Built: 1974

Listing Info, Tax & Legal

Is Subject Leased: No Assessment Fees: Yes Assessment Amount: 2252.19 Annual Assessment Amount: 9008.76 Assessment Paid: Quarterly New Buyer Fee: No Last Taxes: 3735.19 Last Tax Year: 2025 Brokerage Interest: No Interest As Is: Yes

Remarks & Misc

Remarks: $5k Sellers Credit to cover the cost of ALL NEW FLOORING throughout!!! 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.

Waterfront

Pond: 1

Construction Status

Construction Complete: 1

Waterview

Gulf/Pass: 1 Pond: 1

Project Facilities

BBQ Pit/Grill: 1 Beach: 1 Community Room: 1 Dumpster: 1 Laundry: 1 Pets Allowed: 1 Pickle Ball: 1 Picnic Area: 1 Pool: 1 Short Term Rental - Allowed: 1 Tennis: 1 TV Cable: 1 Waterfront: 1

Construction/Siding

Roof Membrane: 1 Slab: 1 Stucco: 1

Utilities

Electric: 1 Public Sewer: 1 Public Water: 1 TV Cable: 1

Exterior

Balcony: 1 BBQ Pit/Grill: 1 Pool - In-Ground: 1 Tennis Court: 1

Interior

Floor Tile: 1 Furnished - All: 1 Owner's Closet: 1 Split Bedroom: 1 Washer/Dryer Hookup: 1 Window Treatment All: 1

Appliances

Dishwasher: 1 Dryer: 1 Microwave: 1 Refrigerator: 1 Smoke Detector: 1 Stove/Oven Electric: 1 Washer: 1

Energy

AC - Central Elect: 1 Ceiling Fans: 1 Heat Cntrl Electric: 1 Water Heater - Elect: 1

Mstr Bdrm/Mstr Bath

MBath Tile: 1 MBed Balcony: 1 MBed Waterfront: 1

Master Bedroom

First: 1

Bedroom

First: 1

Kitchen

First: 1

Living Room

First: 1

Full Bathroom

First: 1

Rooms

Balcony: 1 Bedroom: 1 Full Bathroom: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Fees Include

Ground Keeping: 1 Management: 1 Sewer: 1 Trash: 1 TV Cable: 1 Water: 1

Status Change Info

Status: Active

Location Tax and Legal

Area: 27 - Bay County Street #: 8727 Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Project Name/Subdivision: SUGAR BEACH T/H Parcel ID: 30189-103-000

Property Features

Construction Status: Construction Complete Waterfront: Pond Waterview: Gulf/Pass; Pond Project Facilities: BBQ Pit/Grill; Beach; Community Room; Dumpster; Laundry; Pets Allowed; Pickle Ball; Picnic Area; Pool; Short Term Rental - Allowed; Tennis; TV Cable; Waterfront Exterior: Balcony; BBQ Pit/Grill; Pool - In-Ground; Tennis Court Interior: Floor Tile; Furnished - All; Owner's Closet; Split Bedroom; Washer/Dryer Hookup; Window Treatment All Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Full Bathroom: First Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Master Bedroom Fees Include: Ground Keeping; Management; Trash; TV Cable; Water

Room Information

Master Bedroom Level: First Dimensions: 15 x 14 Length: 15.00 Width: 14.00 Dimensions: 15 x 14 Bedroom Level: First Dimensions: 13 x 12 Length: 13.00 Width: 12.00 Dimensions: 13 x 12 Kitchen Level: First Dimensions: 9 x 8 Length: 9.00 Width: 8.00 Dimensions: 9 x 8 Living Room Level: First Dimensions: 21 x 30 Length: 21.00 Width: 30.00 Remarks: Living/Dining Combo Dimensions: 21 x 30 Full Bathroom Level: First Dimensions: 8 x 6 Length: 8.00 Width: 6.00 Dimensions: 8 x 6 Full Bathroom Level: First Dimensions: 8 x 9 Length: 8.00 Width: 9.00 Dimensions: 8 x 9 Balcony Level: First Dimensions: 15 x 8 Length: 15.00 Width: 8.00 Dimensions: 15 x 8
Listing Office: Beachy Beach Real Estate
Listing Agent: Garrett S Aune
Last Updated: March - 06 - 2026
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.