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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8727 Thomas Dr Unit A6 , Panama City Beach, FL 32408
$620,000
Est. Payment: $3,144.52/mo
4 Bed
3 Bath
1750 Sqft
Status: pending | Days on site: 107
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

THIS CAN'T BE REAL... THE ONLY 4 BEDROOM FULLY FURNISHED CONDO ON THE GULF UNDER $800,000!!! The sellers have meticulously cared for this unit for 33 years, and have spared no expense in making sure the next owner will have a true RENTAL BEAST! Over $100,000 invested in the last few years which includes all new: kitchen, flooring throughout, bathrooms, HVAC, water heater, washer/dryer, hurricane doors and windows, paint, and the list goes on! This unit is 100% rental ready as is (with all assessments paid in full and none upcoming), but if a new owner would just add their own flare with some new furniture, this unit would be unlike anything else available on the beach. The neighbor's unit just sold for $615k and was located in the back of the complex with limited gulf views. This one is just a few feet from the pristine white sandy beaches and has AMAZING views from the living room and primary bedroom. That unit had $86k in rental income last year, so needless to say... with these updates and this view, this unit truly has unlimited potential and could surpass those numbers easily! Sugar Beach is a highly desirable gated community due to its prime location. Park at your door, no elevators, and right in the heart of the historic Thomas Dr. Restaurants, Bars, Minigolf, Go-karts, Ice Cream, and the list goes on. And all of this is within 1-2 blocks - so park your car and no need to touch it again. And did I mention the new Tootsies Beach Honky-Tonk opening 2 doors down? That right... The concert scene is already lighting up with numerous Big Name Headliners performing this Spring and Summer!!! In addition to the best location in town, this gem of a community offers a pool, clubhouse, tennis, pickleball, shuffleboard courts, and gated private beach access. And if you need to simply wind down after a long day enjoying the best that PCB has to offer, Sugar Beach has an expansive peaceful greenspace unlike any other community on the beach. Get lost in tranquility as you watch the giant Koi Fish, turtles, and sea birds at the large sprawling pond. And if all of the above wasn't enough, TAKE NOTE that this is one of the only pet-friendly complexes on the ENTIRE BEACH. That's right... this offers an extreme competitive advantage, and much higher income! Please look at all the other 4 bedrooms available, and then come fall in love with this truly special opportunity (priced $200K less than the next). With some of the lowest HOA's of all the comps, this one is a CAN'T MISS!!!

Highlights

Listed by Garrett S Aune , 850-588-8908 Beachy Beach Real Estate , 850-233-4351. Emerald Coast Multiple Listing Services

Property Type

Condo/Townhome

HOA Fee

Year Built

1974

County

Bay

Area

27 - Bay County

Neighborhood

Sugar Beach T/H

Listing ID

1001723

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:4
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Dryer, Microwave, Oven Self Cleaning, Smoke Detector, Washer, Water Heater - Elect
Air Cond:Ceiling Fans,Central Air
Fireplaces:
Floor:Floor Tile
Other:
  • Additional:Breakfast Bar, Kitchen Island, Lighting Recessed, Newly Painted, Owner's Closet, Split Bedroom, Walls Mirrored, Washer/Dryer Hookup

Exterior Features

Lot:Pond
Others:
  • Additional:Balcony, Shower, Tennis Court
Sewer:Public Sewer
Principal Interest
$3,145
Taxes
$434
HOA
$0

Home Price

$620,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$124,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,144.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,144.52 $434.12 $0.00 $3,578.64
Yearly $37,734.28 $5,209.44 $0.00 $42,943.72
Total $1,132,028.29 $156,283.20 $0.00 $1,288,311.49

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Emerald Coast Multiple Listing Services, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:32:47.000Z

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