8727 Thomas Drive #E16

Panama City Beach, FL 32408

  • 1 Bed(s)
  • 1 Bath(s)
  • 752 Sqft
$265,000

Description

6%+ roi... find a condo in today's market that can beat that using actual rentals, not simple projections! let's look at the facts...this is one of the lowest overall priced, lowest sq/ft priced, and lowest hoa's of all the 1 bedroom / 1 bathroom condos located on the beach side of front beach! maximizing rental income starts with one basic concept - maximizing ''heads in beds.'' and when it comes to ensuring incredible occupancy rates, this unit offers all the key amenities renters look for when booking their vacation: view, location, complex amenities, and price. view: most people come to pcb for the breathtaking gulf views, and this condo does not disappoint. mere steps from the sugar white sand, and overlooking a tranquil courtyard that is incredibly manicured (including a beautiful koi/turtle pond), sugar beach is the only place on the beach with views like this - and they are truly unforgettable. location: after watching some of the world's most awe-inspiring sunsets, simply head out your front door and experience the legendary action of thomas drive. if you don't want to drive to dinner, rest assured knowing that your vehicle is safely parked right outside - and there is no need to drive anywhere to enjoy the best that pcb has to offer. located on the coveted east end of the beach (considerably less traffic), there are go cart tracks, video arcades, mini golf courses, thrill rides, ice cream shops, a winery, souvenir shops, and some of the beach's best bars/restaurants - directly in front of the property. and did i mention that tootsies beach bar (owned by kid rock) is opening just 2 doors down?!? yep... talk about killer location!!!ammenities: success in business is all about competitive advantage, and sugar beach offers something that differentiates itself from everyone else in pcb... it is one of the only pet friendly gulf front rental destinations in the entire area. years of market data shows that pet friendly options bring a higher nightly rate, have a better vacancy rate, and are more likely to attract ''snowbirds'' during the off season, so you have true competitive advantage with this one.in addition to being pet friendly, sugar beach is a private/family friendly gated community with no elevators. the list of gulf front complexes where you can park directly at your door are few and far between, but sugar beach offers exactly that! it also offers a private gated beach access, a pool, huge clubhouse with games, tennis/pickleball courts, shuffleboard, a grilling area, over 375 feet of incredible beach access, and expansive greenspace unique from every other gulf front property in pcb! price: last but not certaily not least, renters pick their vacation condo based on price. with a low selling price, low utility costs, and some of the lowest hoa's of all the competition, you have less overhead which ensures that you can charge less per night (as compared to the competition), bringing in strong rentals and generating an incredible profit!if you are looking for the best investment on the beach, or if you are looking for the next place to call home, this incredible condo offers everything you could ever dream of - and so very much more!

  • Property Type

    Residential

  • Subdivision

    Cypress Run

  • County

    Bay

  • Style

    LowRise

  • AD ID

    49086759

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Property Details

  • Bathroom Information

    • Total Baths: 1
    • Full Baths: 1

    Interior Features

    • Roof: Flat

    Roofing Information

    • Flat

    Heating & Cooling

    • Heating: Central,EnergyStarQualifiedEquipment
    • Cooling: CentralAir,EnergyStarQualifiedEquipment

  • Building Information

    • Year Built: 1974

    Exterior Features

    • BuiltInBarbecue,Balcony,Patio

  • Lot Information

    • Lot Dimensions: 0x0
    • Lot Description: Landscaped,Waterfront

    Property Information

    • Subdivision: Sugar Beach Condo

  • Listing Price Information

    • Original List Price: $265000

  • Tax Information

    • Annual Tax: $2891

  • Parking Information

    • AdditionalParking,ParkingLot

    Homeowners Association Information

    • Included Fees: Clubhouse,CableTv,MaintenanceGrounds,Other,Pools,Sewer,SeeRemarks,Security,TennisCourts,Trash,Water
    • HOA: 1,546

  • School Information

    • Elementary School: Breakfast Point
    • Junior High School: Breakfast Point
    • Senior High School: Arnold

    Utility Information

    • TrashCollection

    Location Information

    • Direction: 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 E16 will be directly in front of you on the ground floor - just 15 steps from your car!!!
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BuyOwner last updated this listing 04/04/2025 @ 20:36

  • MLS: 770887
  • LISTING PROVIDED COURTESY OF: Garrett Aune, Beachy Beach Real Estate
  • SOURCE: BCAR

is a Home, with 1 bedrooms which is for sale, it has 752 sqft, 752 sized lot, and 0 parking. are nearby neighborhoods.