Panama City Beach, FL 32408,8727 Thomas DR #C11
Panama City Beach, FL 32408,8727 Thomas DR #C11
Panama City Beach, FL 32408,8727 Thomas DR #C11
Panama City Beach, FL 32408,8727 Thomas DR #C11
Panama City Beach, FL 32408,8727 Thomas DR #C11
Panama City Beach, FL 32408,8727 Thomas DR #C11
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$540,000

$565,000

4.4%
Est.Price: ?

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Est. payment /mo

2 Beds

2 Baths

1,086 SqFt


SOLD DATE : 01/30/2024

Key Details

Sold Price $540,000

Property Type Condo

Sub Type Condominium

Listing Status Sold

Purchase Type For Sale

Square Footage 1,086 sqft

Price per Sqft $497

Subdivision Sugar Beach Condo

MLS Listing ID 749047

Sold Date 01/30/24

Style Low Rise

Bedrooms 2

Full Baths 2

HOA Fees $528/qua

HOA Y/N Yes

Year Built 1974

Annual Tax Amount $3,179

Tax Year 2022

Property Description

In a world where the power of the dollar has seemingly gotten weaker each day, isn't it about time that you took control of your financial future?Stocks, bonds, cryptocurrency, and nearly every other form of investment has proven to drastically rise and fall with the economy - but throughout US history, real estate has truly withstood the test of time. In fact, 2 bed / 2 bath condos have averaged a 6.8% annual appreciation over the past 20+ years. That amounts to well over $30k a year for a $500k condo!!!In addition to the incredible annual appreciation, this is one of the few comps (of the nearly 200) on the beach that will truly generate a positive return on investment each year. Listed as one of the lowest priced and lowest HOA's of all comps, this one will truly cover its costs as you build wealth for years to come.Now that I have your attention, it might be well worth your time to take a look at this hidden gem. Finding another condo this close to the sugar white sands and the emerald hued gulf is virtually impossible, and the breathtaking sunset views from the private balcony will permanently change your latitude and attitude!This 2nd floor slice of paradise boasts the best views in PCB, a brand-new HVAC system, brand new water heater, brand new coastal colored LVP flooring, brand new paint, and will soon have brand new hurricane sliding glass doors and windows! That's right... all the big-ticket items are already taken care of - leaving you set for years to come!Sugar Beach is one of the most unique complexes on the beach as it is pet friendly (giving you a competitive rental advantage), allows you to park at your door (no elevators), enjoys one of the largest courtyard/greenspaces in all of PCB, and is literally seconds away form all the best attractions PCB has to offer (dining, amusement rides, mini golf, bars, live music, and the list goes on)!Perfectly situated in the heart of Thomas Drive, Sugar Beach is a unlike any other community in town. One visit, and you will forever consider this serene oasis home!!!

Location

State FL

County Bay

Community Barbecue, Beach, Clubhouse, Laundry Facilities, Other, See Remarks, Short Term Rental Allowed, Tennis Court(S), Waterfront, Gated, Pool, Sidewalks

Area 03 - Bay County - Beach

Interior

Interior Features New Paint, Split Bedrooms

Heating Central, ENERGY STAR Qualified Equipment

Cooling Central Air, ENERGY STAR Qualified Equipment

Furnishings Furnished

Fireplace No

Appliance Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Disposal, Refrigerator

Laundry Washer Hookup, Dryer Hookup, Stacked

Exterior

Exterior Feature Built-in Barbecue, Balcony, Pool, Patio

Garage Additional Parking, Parking Lot

Fence Full

Pool Fenced, In Ground, Community, Pool

Community Features Barbecue, Beach, Clubhouse, Laundry Facilities, Other, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated, Pool, Sidewalks

Utilities Available Electricity Connected, High Speed Internet Available, Phone Connected, Trash Collection, Water Connected

Amenities Available Beach Rights, Gated, Picnic Area

Waterfront Yes

Waterfront Description Gulf,Shoreline - Sand,Waterfront

View Y/N Yes

Water Access Desc Gulf,Shoreline - Sand,Waterfront

View Gulf, Pond

Porch Balcony, Open, Porch

Building

Lot Description Landscaped, Waterfront

Story 3

Architectural Style Low Rise

Additional Building Tennis Court(s), Pool House

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

HOA Fee Include Clubhouse,Cable TV,Maintenance Grounds,Other,Pool(s),Sewer,See Remarks,Security,Tennis Courts,Trash,Water

Tax ID 30189-047-000

Security Features Gated Community,24 Hour Security,Smoke Detector(s),Security Service

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing Other

Special Listing Condition Listed As-Is

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Listed by Beachy Beach Real Estate
Bought with Beachy Beach Real Estate
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