1 month on rocket

8727 Thomas Dr Unit C13, Panama City Beach, FL, 32408

$426,000

Home List Price

$5,059*

Closing Credit

2 Bedrooms
2 Full Baths
1,086 SqFt
$392/SqFt
Condo

Location

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8727 Thomas Dr Unit C13, Panama City Beach$426,000

Buyer Closing Credits

$5,059*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1974
CoolingCeiling Fan(s), Central Air
WaterfrontOther, Gulf, Pond
MLS #961332
StatusActive

About 8727 Thomas Dr Unit C13

22 Steps to the Beach... You simply cant get closer to the sand than this!!! When it comes to a truly PERFECT condo, there are three key features that simply cant be denied: (1) Distance to the Beach, (2) Location, and (3) Price. SUGAR WHITE SANDS - When it comes to distance to the beach, there is not another condo on the market this close to the sand. This amazing ground floor condo is as close to the Gulf as you can possibly get - only 12 feet away! No steps, no elevators, no nonsense... simply walk out the new hurricane sliders and you are relaxing on the beach before the comps can even push their elevator button! LOCATION, LOCATION, LOCATION - Sugar Beach is one of the most unique complexes on the beach. Situated on the historic Thomas Drive, this peaceful Gulf Front community allows you to park at your door, it enjoys one of the largest courtyard/greenspaces in all of PCB, and it is literally seconds away from all the best attractions PCB has to offer (dining, amusement rides, mini golf, bars, live music, and the list goes on). The East end of the beach is one of the most highly sought after locations in town, and with the new Tootsies Beach Bar/Restaurant soon to be opening 2 doors down, its safe to say that this location simply cant be beat! SHOW ME THE MONEY - Price is always going to play a factor in the decision on what condo is right for you, and this condo has everything to help make that decision easier. It is one of the lowest priced units in town, has some of the lowest HOAs on the beach, and offers a 7%+ return on investment (based on neighbors actual rental #s). Add to the fact that it has a new HVAC (2021), has brand new Hurricane Doors and windows ($40k in 2024), and has many updates throughout, and you can rest assured knowing that all the big ticket items have already been taken care of for you. And when you consider that Sugar Beach is one of the only pet friendly complexes on the beach (giving you a competitive rental advantage), it is easy to see how this one truly is different than the rest! Check out all the other comps, then come see this incredible condo last. At this price and with this unbelievable location, one look and your Latitude and Attitude will forever be changed!!!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1974
  • Living Area: 1,086 SqFt

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Garrett S Aune

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Microwave, Self Cleaning Oven, Range Hood, Refrigerator, Refrigerator, Ice Maker, Electric Oven, Washer
  • Flooring Type: Tile
  • Interior: Recessed Lighting, Owners Closet, Renovated, Split Bedroom, Washer/Dryer Hookups, Window Treatment(s), Woodwork Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Other, Gulf, Pond
  • Exterior: Balcony, BBQ Pit/Grill, Deck Covered, Fenced Lot-All, Patio Covered, Pool - House, Pool - In-Ground, Porch, Renovated, Shower, Tennis Court

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • 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 and turn right. Follow the perimeter around to the backside of the complex. Unit #C13 will be on the ground floor in the middle of the ocean front building - at the very end of the parking lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $426,000
  • Price Per SqFt: $392/SqFt

HOA Fees:

  • Amount: $2252
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,473
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

8727 Thomas Dr Unit C13 vs Panama City Beach

34 DAYS ON ROCKET

-70 Days

$426,000

-$38.7K Less

$392/SqFt

+$63 More

KEY TAKEAWAY

This property is $38.7K less than the Median Sold Price and $63/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #961332

Listing Office:

  • Office Name: Beachy Beach Real Estate
  • Office Email: karen@beachybeach.com
  • Listing Agent: Garrett S Aune

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2021Home Sold
$339,000
Nov 15, 2013Home Sold
$105,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,473$215,050
2018$2,378$164,046
2017$1,858$169,416

History based on county public records data.

Payment Calculator

$2,944

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,344

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-444675
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.61 miles

  • Public District Grades KG-5

school-card-donut-444676
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.53 miles

  • Public District Grades KG-5

school-card-donut-444677
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.13 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8727 Thomas Dr Unit C13

What is the listing price of this property?

The listing price of 8727 Thomas Dr Unit C13 property is $426,000.

What type of property is this?

The property 8727 Thomas Dr Unit C13 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8727 Thomas Dr Unit C13 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,473 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 18, 2021 for $339,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8727 Thomas Dr Unit C13 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8727 Thomas Dr Unit C13 is 1,086 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8727 Thomas Dr Unit C13 is 1974.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›8727 Thomas Dr Unit C13

This home is located at 8727 Thomas Dr Unit C13 in Panama City Beach, FL and zip code 32408. This 1,086 square foot home was built in 1974. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $426,000.

In October 2024, from all listings sold in Panama City Beach, FL there were more than 5 sold above asking price, over 99 sold below and more than 25 were sold right at the asked price. The inventory of homes for sale in Panama City Beach, FL between September 2024 and October 2024 increased by 0.4%. While the average time on the market in October 2024 was 104 days, the median list price was $464,783.

From Rocket Homes Real Estate and based on county public records data.

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