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8727 Thomas Drive Unit C21, Panama City Beach

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Perched on the top floor of Sugar Beach Condominiums, Unit C21 delivers the rare combination buyers and renters crave most: true Gulf-front living, peaceful privacy, and walk-everywhere convenience. Chosen specifically for its oceanfront position and quiet setting, this fully updated 2-bedroom, 2-bath condo offers unobstructed Gulf views, vibrant sunsets, and the simple luxury of knowing no one is above you. Inside, the condo has been thoughtfully refreshed with upgrades that enhance both comfort and performance, including updated paint and lighting, HVAC, a dedicated dehumidifier system, newer windows and doors, smart TVs, an electric fireplace, and fully stocked kitchenware and furnishings. The space is bright, coastal, and calming. It is a place the owners describe as one that simply ''brings a lot of happiness'' and truly ''suits everyone.'' Step out onto the private Gulf-front balcony and take in sweeping water views, coastal breezes, and sunsets that never get old. Sugar Beach itself is known for its private, gated, peaceful, and family-oriented atmosphere, blending full-time residents with vacationers in a way that feels welcoming and relaxed. The community offers over 375 feet of private deeded beachfront, along with private beach access, a pool, clubhouse, tennis and pickleball courts, grilling areas, and beautifully landscaped grounds centered around the iconic koi and turtle pond. It's a resort-style setting without the congestion of high-rise living. No elevators, easy parking, and a quieter, more personal feel. Owners also benefit from some of the lowest HOA fees on Panama City Beach, which plays a major role in the long-term value and profitability of the property. One of the biggest highlights is the walkability. From the front gate, you're steps to a wide variety of restaurants, beach bars, live music venues, family attractions, shopping, arcades, mini golf, and entertainment along Thomas Drive. The excitement is only growing with Tootsies Orchid Lounge set to open just a few doors down, bringing a high-energy Nashville-style music scene right to your neighborhood, all without needing to drive. Whether you're looking for a serene personal retreat, a second home, or a proven short-term rental, this condo delivers. Sugar Beach is one of the only Gulf-front communities in PCB that allows pets, a major advantage that consistently drives higher demand and stronger occupancy. Unit C21 has averaged approximately $50,000-$60,000 annually in gross rental income without aggressive management, with seasonal nightly rates ranging from $250-$400 per night. When you combine Gulf-front location, top-floor privacy, low HOA fees, pet-friendly flexibility, and walkable entertainment, the ROI here simply makes sense. (Other units have done over $60k/$70k aggressively) Top floor. Gulf front. Quiet. Walkable. Proven. Unit C21 isn't just a condo. It's a lifestyle that keeps guests returning and owners smiling long after the sand is rinsed off.

2 Beds ⋅ 2 Baths ⋅ 784193 MLS

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Perched on the top floor of Sugar Beach Condominiums, Unit C21 delivers the rare combination buyers and renters crave most: true Gulf-front living, peaceful privacy, and walk-everywhere convenience. Chosen specifically for its oceanfront position and quiet setting, this fully updated 2-bedroom, 2-bath condo offers unobstructed Gulf views, vibrant sunsets, and the simple luxury of knowing no one is above you. Inside, the condo has been thoughtfully refreshed with upgrades that enhance both comfort and performance, including updated paint and lighting, HVAC, a dedicated dehumidifier system, newer windows and doors, smart TVs, an electric fireplace, and fully stocked kitchenware and furnishings. The space is bright, coastal, and calming. It is a place the owners describe as one that simply ''brings a lot of happiness'' and truly ''suits everyone.'' Step out onto the private Gulf-front balcony and take in sweeping water views, coastal breezes, and sunsets that never get old. Sugar Beach itself is known for its private, gated, peaceful, and family-oriented atmosphere, blending full-time residents with vacationers in a way that feels welcoming and relaxed. The community offers over 375 feet of private deeded beachfront, along with private beach access, a pool, clubhouse, tennis and pickleball courts, grilling areas, and beautifully landscaped grounds centered around the iconic koi and turtle pond. It's a resort-style setting without the congestion of high-rise living. No elevators, easy parking, and a quieter, more personal feel. Owners also benefit from some of the lowest HOA fees on Panama City Beach, which plays a major role in the long-term value and profitability of the property. One of the biggest highlights is the walkability. From the front gate, you're steps to a wide variety of restaurants, beach bars, live music venues, family attractions, shopping, arcades, mini golf, and entertainment along Thomas Drive. The excitement is only growing with Tootsies Orchid Lounge set to open just a few doors down, bringing a high-energy Nashville-style music scene right to your neighborhood, all without needing to drive. Whether you're looking for a serene personal retreat, a second home, or a proven short-term rental, this condo delivers. Sugar Beach is one of the only Gulf-front communities in PCB that allows pets, a major advantage that consistently drives higher demand and stronger occupancy. Unit C21 has averaged approximately $50,000-$60,000 annually in gross rental income without aggressive management, with seasonal nightly rates ranging from $250-$400 per night. When you combine Gulf-front location, top-floor privacy, low HOA fees, pet-friendly flexibility, and walkable entertainment, the ROI here simply makes sense. (Other units have done over $60k/$70k aggressively) Top floor. Gulf front. Quiet. Walkable. Proven. Unit C21 isn't just a condo. It's a lifestyle that keeps guests returning and owners smiling long after the sand is rinsed off.

8727 Thomas Drive Unit C21, Panama City Beach

$380,000

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS! INVESTORS TAKE NOTICE... LOWEST PRICED 3 BEDROOM CONDO on the BEACH! 7% average ROI! You don't want to miss out on this one!!! Countless updates which include: kitchen counter tops and coastal backsplash, stainless appliances, drop panel ceiling (kitchen/hall area) with energy efficient lighting, tile flooring downstairs, LVP flooring in downstairs bedroom/on the stairs/upstairs, and new hurricane sliding doors and windows. Over $70k invested in the last 2 years!!! Sugar Beach is one of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, a HUGE greenspace with incredible Koi/Turtle Pond, Private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). The only thing this unit needs to be transformed into a RENTAL BEAST is some updated furniture. Less than $10k will COMPLETELY transform this unit and you should match the others in the complex which average $65k annually. Some of the 3 bedrooms even do $80k a year!!! The needed furniture has been factored into the price, and this one will be grabbed up quick considering it is over $40k cheaper than the next comp! The potential at this price is UNLIMITED, so don't miss out on this incredible Steal of a Deal!!!

3 Beds ⋅ 3 Baths ⋅ 782160 MLS

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS! INVESTORS TAKE NOTICE... LOWEST PRICED 3 BEDROOM CONDO on the BEACH! 7% average ROI! You don't want to miss out on this one!!! Countless updates which include: kitchen counter tops and coastal backsplash, stainless appliances, drop panel ceiling (kitchen/hall area) with energy efficient lighting, tile flooring downstairs, LVP flooring in downstairs bedroom/on the stairs/upstairs, and new hurricane sliding doors and windows. Over $70k invested in the last 2 years!!! Sugar Beach is one of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, a HUGE greenspace with incredible Koi/Turtle Pond, Private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). The only thing this unit needs to be transformed into a RENTAL BEAST is some updated furniture. Less than $10k will COMPLETELY transform this unit and you should match the others in the complex which average $65k annually. Some of the 3 bedrooms even do $80k a year!!! The needed furniture has been factored into the price, and this one will be grabbed up quick considering it is over $40k cheaper than the next comp! The potential at this price is UNLIMITED, so don't miss out on this incredible Steal of a Deal!!!

8727 Thomas Drive Unit B17, Panama City

8727 Thomas Dr Unit UNIT C2, Panama City Beach

$315,000

Sold

2 Beds ⋅ 2 Baths ⋅ 1006816 MLS ⋅ 1,086 SqFt.

Sold

8727 Thomas Dr Unit UNIT C2, Panama City Beach

$315,000

Discover Coastal Living at Its Finest at Sugar Beach C-2 Welcome to Sugar Beach C-2, a beautifully updated two-bedroom, two-bath waterfront condominium located on the sugar-white sands of Panama City Beach. This residence offers an exceptional blend of comfort, style, and coastal charm, making it ideal as a primary home, second residence, or investment property. New HVAC, New Furniture, _ So much more! Top Reasons to Own This Spectacular Condo The thoughtfully remodeled kitchen features stainless steel appliances, a designer tile backsplash, and elegant countertops, creating a stylish and functional space for cooking and entertaining. The expansive private balcony offers sweeping views of the freshwater lake, resort-style pool, and the emerald waters of the Gulf of Mexico, providing a stunning backdrop for both sunrise and sunset. Seasonal beach service is included, offering two chairs and one umbrella for effortless days along the shoreline. Residents enjoy access to a gulf-front pool, tennis courts, grilling areas, and a clubhouse, all within a professionally managed beachfront community. The location is unmatched, allowing you to walk directly along the beach to Pineapple Willy's and reach Newby's Bar and other popular restaurants just one block away. Prime Location in the Heart of Panama City Beach Sugar Beach is located on the quieter eastern end of Thomas Drive, while still being close to everything Panama City Beach has to offer. Golf courses, grocery stores, shopping, dining, and family attractions are all nearby, creating a perfect balance of convenience and tranquility. Surrounding attractions include Spinnaker Beachside Grill, WonderWorks, Shipwreck Island Waterpark, Schooner's Beachfront Restaurant, and Captain Anderson's Marina, known for fresh seafood, charter fishing, and dolphin excursions. Major retailers and grocery stores are within a short drive. Interior Layout and Features The primary bedroom includes a king bed and private bath. The second bedroom offers two twin beds, ideal for guests or family. The living area includes a queen sleeper sofa, providing additional flexibility for entertaining or overnight stays. Resort-Style Amenities and Community Features Sugar Beach is a well-maintained, low-rise beachfront community offering a gulf-front swimming pool, lighted tennis courts, shuffleboard, grilling areas, and a clubhouse. The property is professionally managed and known for its relaxed coastal atmosphere. Please note that this community does not have elevators. A Coastal Lifestyle Worth Owning Whether you are searching for a full-time beachfront residence, a refined vacation retreat, or a valuable investment opportunity, Sugar Beach C-2 offers an outstanding coastal lifestyle in one of Panama City Beach's most desirable locations. Schedule your private showing today and experience the beauty and lifestyle this exceptional waterfront condo has to offer.

2 Beds ⋅ 2 Baths ⋅ 783415 MLS

Discover Coastal Living at Its Finest at Sugar Beach C-2 Welcome to Sugar Beach C-2, a beautifully updated two-bedroom, two-bath waterfront condominium located on the sugar-white sands of Panama City Beach. This residence offers an exceptional blend of comfort, style, and coastal charm, making it ideal as a primary home, second residence, or investment property. New HVAC, New Furniture, _ So much more! Top Reasons to Own This Spectacular Condo The thoughtfully remodeled kitchen features stainless steel appliances, a designer tile backsplash, and elegant countertops, creating a stylish and functional space for cooking and entertaining. The expansive private balcony offers sweeping views of the freshwater lake, resort-style pool, and the emerald waters of the Gulf of Mexico, providing a stunning backdrop for both sunrise and sunset. Seasonal beach service is included, offering two chairs and one umbrella for effortless days along the shoreline. Residents enjoy access to a gulf-front pool, tennis courts, grilling areas, and a clubhouse, all within a professionally managed beachfront community. The location is unmatched, allowing you to walk directly along the beach to Pineapple Willy's and reach Newby's Bar and other popular restaurants just one block away. Prime Location in the Heart of Panama City Beach Sugar Beach is located on the quieter eastern end of Thomas Drive, while still being close to everything Panama City Beach has to offer. Golf courses, grocery stores, shopping, dining, and family attractions are all nearby, creating a perfect balance of convenience and tranquility. Surrounding attractions include Spinnaker Beachside Grill, WonderWorks, Shipwreck Island Waterpark, Schooner's Beachfront Restaurant, and Captain Anderson's Marina, known for fresh seafood, charter fishing, and dolphin excursions. Major retailers and grocery stores are within a short drive. Interior Layout and Features The primary bedroom includes a king bed and private bath. The second bedroom offers two twin beds, ideal for guests or family. The living area includes a queen sleeper sofa, providing additional flexibility for entertaining or overnight stays. Resort-Style Amenities and Community Features Sugar Beach is a well-maintained, low-rise beachfront community offering a gulf-front swimming pool, lighted tennis courts, shuffleboard, grilling areas, and a clubhouse. The property is professionally managed and known for its relaxed coastal atmosphere. Please note that this community does not have elevators. A Coastal Lifestyle Worth Owning Whether you are searching for a full-time beachfront residence, a refined vacation retreat, or a valuable investment opportunity, Sugar Beach C-2 offers an outstanding coastal lifestyle in one of Panama City Beach's most desirable locations. Schedule your private showing today and experience the beauty and lifestyle this exceptional waterfront condo has to offer.

8727 Thomas Drive Unit C2, Panama City

$305,000

Fantastic opportunity at Sugar Beach, a Gulf-front community ideally located on Thomas Drive. This ground-level 2-bedroom, 2-bath residence offers 1,086 square feet of well-designed living space and a rare combination of convenience, comfort, and direct beach access. Unlike upper-floor units, this condo allows true indoor-outdoor living—no elevators, no stairs—just effortless access to the sand and Gulf waters. The open-concept living and dining area is bright and inviting, with large windows that fill the space with natural light. All windows and exterior doors, including the sliding glass doors, have been recently replaced, offering improved energy efficiency, storm protection, and long-term peace of mind. Durable ceramic plank flooring throughout ensures low-maintenance ownership, ideal for both personal use and rental performance. The thoughtful split-bedroom layout provides privacy for owners and guests alike, making it equally suited as a primary residence, second home, or income-producing investment. All air ducts have been recently cleaned, enhancing interior air quality and overall comfort. Sugar Beach is a well-maintained, beachfront community featuring resort-style amenities including a pool and direct Gulf access. Owners and guests enjoy the simplicity of coastal living, with dining, shopping, and entertainment just minutes away—offering the perfect balance of relaxed beach lifestyle and everyday convenience.

2 Beds ⋅ 2 Baths ⋅ 785059 MLS

Fantastic opportunity at Sugar Beach, a Gulf-front community ideally located on Thomas Drive. This ground-level 2-bedroom, 2-bath residence offers 1,086 square feet of well-designed living space and a rare combination of convenience, comfort, and direct beach access. Unlike upper-floor units, this condo allows true indoor-outdoor living—no elevators, no stairs—just effortless access to the sand and Gulf waters. The open-concept living and dining area is bright and inviting, with large windows that fill the space with natural light. All windows and exterior doors, including the sliding glass doors, have been recently replaced, offering improved energy efficiency, storm protection, and long-term peace of mind. Durable ceramic plank flooring throughout ensures low-maintenance ownership, ideal for both personal use and rental performance. The thoughtful split-bedroom layout provides privacy for owners and guests alike, making it equally suited as a primary residence, second home, or income-producing investment. All air ducts have been recently cleaned, enhancing interior air quality and overall comfort. Sugar Beach is a well-maintained, beachfront community featuring resort-style amenities including a pool and direct Gulf access. Owners and guests enjoy the simplicity of coastal living, with dining, shopping, and entertainment just minutes away—offering the perfect balance of relaxed beach lifestyle and everyday convenience.

8727 Thomas Drive Unit C36, Panama City

$295,000

Sugar Beach Ground Floor 2 Bedroom steps away from beach access and pool. This spacious unit features 2 full bathrooms and washer dryer. This gated complex is conveniently located with dozens of restaurants and entertainment within walking distance.

2 Beds ⋅ 2 Baths ⋅ 794191 MLS

Sugar Beach Ground Floor 2 Bedroom steps away from beach access and pool. This spacious unit features 2 full bathrooms and washer dryer. This gated complex is conveniently located with dozens of restaurants and entertainment within walking distance.

8727 Thomas Drive Unit D9, Panama City

8727 Thomas Drive Unit C33, Panama City Beach

$270,000

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Experience the ultimate in coastal convenience with this rare ground-floor condo in the highly sought-after Sugar Beach community. Perfectly positioned for effortless access with no busy elevators. The exterior of this unit offers a new Trex ramp making it great for owners or renters with mobility challenges. The interior features an expansive open concept living and dining area filled with natural light, along with two large primary suites, one with a private ensuite bathroom and one with a full bathroom a step away and direct access to the patio. Step outside to your private back patio which overlooks the community's manicured grounds and amenities. This tranquil oasis is home to peaceful ponds, fountains, and sunbathing turtles, offering a serene park-like atmosphere just steps from the Gulf's sugar-white sands. Residents here enjoy a true sense of community at the clubhouse, alongside premium amenities like a sparkling pool, pickleball courts, and shuffleboard! You and your guests will enjoy the luxury of parking just steps from the front door. As one of the few pet-friendly communities on the beach, this is a massive draw for both owners and vacation renters. Located on Thomas Drive, you are walking distance to dining and entertainment like the new Tootsies. Whether you are looking for a primary residence that prioritizes ease of mobility or a high-potential investment in a pet-friendly complex, this ground-level gem is a standout opportunity. This condo is sold furnished and is not on a rental program, offering a seamless transition for a buyer looking to move in immediately or start a new rental season on their own terms. Easy to show and ready for its new owners--welcome home to Sugar Beach.

2 Beds ⋅ 2 Baths ⋅ 784059 MLS

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Experience the ultimate in coastal convenience with this rare ground-floor condo in the highly sought-after Sugar Beach community. Perfectly positioned for effortless access with no busy elevators. The exterior of this unit offers a new Trex ramp making it great for owners or renters with mobility challenges. The interior features an expansive open concept living and dining area filled with natural light, along with two large primary suites, one with a private ensuite bathroom and one with a full bathroom a step away and direct access to the patio. Step outside to your private back patio which overlooks the community's manicured grounds and amenities. This tranquil oasis is home to peaceful ponds, fountains, and sunbathing turtles, offering a serene park-like atmosphere just steps from the Gulf's sugar-white sands. Residents here enjoy a true sense of community at the clubhouse, alongside premium amenities like a sparkling pool, pickleball courts, and shuffleboard! You and your guests will enjoy the luxury of parking just steps from the front door. As one of the few pet-friendly communities on the beach, this is a massive draw for both owners and vacation renters. Located on Thomas Drive, you are walking distance to dining and entertainment like the new Tootsies. Whether you are looking for a primary residence that prioritizes ease of mobility or a high-potential investment in a pet-friendly complex, this ground-level gem is a standout opportunity. This condo is sold furnished and is not on a rental program, offering a seamless transition for a buyer looking to move in immediately or start a new rental season on their own terms. Easy to show and ready for its new owners--welcome home to Sugar Beach.

8727 Thomas Drive Unit C33, Panama City Beach

$265,000

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS! INVESTOR'S DREAM!!! 7%+ Annual ROI based on ACTUAL average complex rentals, UNBELIEVABLE 15% ROI on the high end of rentals! This is now the LOWEST PRICED low rise 2 bedroom condo on the entire beach - meaning someone is fixing to get a steal of a deal!!! New furniture in both bedrooms, newly updated bathroom vanities and toilets, and new hurricane sliding doors and windows. Seller has owned the unit 30 years and has very seldom rented it - meaning it has been INCREDIBLY well cared for compared to the full time rentals. One of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). New LVP flooring throughout has been quoted at $5k, new couch and love seat at $1,500, new appliances at $1,700, and a little paint - and this place will be COMPLETELY TRANSFORMED and ready to kill it on rentals. The needed updates have been factored into the price, and this one will be grabbed up quick with the new reduction! The next door neighbor (same views/floorplan) does over $60k a year on her unit, so needless to say, the potential at this price is UNLIMITED!!! Don't be that person that says ''I wish I would have...'' a few years from now. Grab this one now at an unbelievable price, make it your own for less than $9k, and enjoy the incredible income for years to come!!!

2 Beds ⋅ 2 Baths ⋅ 782393 MLS

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS! INVESTOR'S DREAM!!! 7%+ Annual ROI based on ACTUAL average complex rentals, UNBELIEVABLE 15% ROI on the high end of rentals! This is now the LOWEST PRICED low rise 2 bedroom condo on the entire beach - meaning someone is fixing to get a steal of a deal!!! New furniture in both bedrooms, newly updated bathroom vanities and toilets, and new hurricane sliding doors and windows. Seller has owned the unit 30 years and has very seldom rented it - meaning it has been INCREDIBLY well cared for compared to the full time rentals. One of the only pet friendly complexes on the entire beach (meaning extreme competitive advantage on rentals), no elevators, no streets to cross, private 375 feet of white sandy beach access, and the absolute BEST location in town (just a few seconds to the highly anticipated new Tootsies Beach Bar, restaurants, go karts, mini golf, dining, and the best bars in town). New LVP flooring throughout has been quoted at $5k, new couch and love seat at $1,500, new appliances at $1,700, and a little paint - and this place will be COMPLETELY TRANSFORMED and ready to kill it on rentals. The needed updates have been factored into the price, and this one will be grabbed up quick with the new reduction! The next door neighbor (same views/floorplan) does over $60k a year on her unit, so needless to say, the potential at this price is UNLIMITED!!! Don't be that person that says ''I wish I would have...'' a few years from now. Grab this one now at an unbelievable price, make it your own for less than $9k, and enjoy the incredible income for years to come!!!

8727 Thomas Drive Unit C40, Panama City