$395,000

8727 Thomas Dr Unit C38 Panama City Beach, FL 32408

$4,691
Closing credit¹
2 beds
2 full
1,086 sqft
$364 / sqft
Condo

Property details

About 8727 Thomas Dr Unit C38

Imagine cherishing something so much that you keep it in your family for over 40 years. Such love is something seldom found in todays 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 by the newly updated interior, 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 surrounds you with a warm embrace. From the newly remodeled kitchen with a airy coastal vibe, to the incredibly spacious double master suites, to the newly updated private ensuites, to the open concept dining and living area full of unbelievable natural light and ocean breezes... 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 Merely 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 partys, 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. Dont 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 C38. You will forever be changed... Welcome Home!

Highlights

Home typeCondominium
StatusActive
CoolingCeiling Fan(s), Central Air
Size1,086 sqft
Year built1974
MLS #971151
WaterfrontOther, Gulf, Pond

Summary

  • MLS Number: 971151
  • MLS Name: Emerald Coast Association of REALTORS®
  • 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 2025. 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: 3/14/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of water feature featuring a view of the beach

$395,000

8727 Thomas Dr Unit C38

$4,691

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2023$331,500$3,449
2022$218,875$2,514
2021$187,000$2,514
2020$152,733$2,104
2018$138,848$1,897
2017$127,500$1,480

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.6 mi

7400 Patronis Dr

7

Hutchison Beach Elementary School

Public District KG-5

3.5 mi

12900 Hutchison Blvd

5

Lucille Moore Elementary School

Public District PK-5

5.1 mi

1900 Michigan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,561. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8727 Thomas Dr Unit C38

This home is located at 8727 Thomas Dr Unit C38 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 March 14, 2025 and is currently priced at $395,000.

Panama City Beach, FL housing market in February 2025 saw over 0 listings sold above listed price, more than 11 sold at listed price and over 75 sold below. The number of homes for sale in Panama City Beach, FL increased by 8.1% between January and February 2025. Listings spent 120 days on the market in February 2025, and had a median list price of $449,377 during the same period.

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

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