MindyLennon
BEDS2
BATHS2 full
SQUARE FEET1,086
MLS#995062
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONSUGAR BEACH T-H
Property Description
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!!!
Property Features
Property Type: Residential - Condominium
Cooling: Ceiling Fans, Central Air
Heating: Central
Home Style: N/A
Stories: 3.0
Taxes: $3,735
Year Built: 1974
Feature Descriptions
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Ground Keeping, Management, Sewer, Water, Cable TV, Trash
Community Features: Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Dumpster, Laundry, Pets Allowed, Picnic Area, Pool, Tennis, TV Cable, Waterfront
Days on Site: 67
Exterior: Balcony, BBQ Pit/Grill, Tennis Court
Exterior: Stucco
Flooring: Floor Tile
Foundation: Slab
HOA: Yes
Interior: Owners Closet, Split Bedroom, Washer/Dryer Hookup
Parcel Number: 30189-103-000
Pool Features: Pool - In-Ground, Pool Type
Property Condition: Construction Complete
Rooms Total: 7
Sewer: Public Sewer
Special View Info: Pond, Gulf
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Pond
Window: Window Treatment All
Room Sizes
Primary Bedroom: 15 X 14 Level - First
Bedroom: 13 X 12 Level - First
Kitchen: 9 X 8 Level - First
Living Room: 21 X 30 Level - First
Full Bathroom: 8 X 6 Level - First
Full Bathroom: 8 X 9 Level - First
Balcony: 15 X 8 Level - First
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: Beachy Beach Real Estate
Shown By
Agent Name: Mindy Lennon
Agent Phone: (850) 554-4368
Agency Title: The Realty Vault
Estimate Your Payment
Estimated Payment
$ 1,063.90 per month $665.44 Principal & Interest $311.25 Property Tax $87.21 Homeowner's InsuranceChange Payment Information
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --
8727 Thomas Drive, Unit UNIT C40 | MLS# 995062
This condo located at 8727 Thomas Drive, Unit UNIT C40, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $299,000. This property was built in 1974 and has 2 bedrooms and 2 full baths with 1086 sq. ft. Thomas Drive, Unit UNIT C40 is located in the SUGAR BEACH T-H subdivision. Search SUGAR BEACH T-H real estate on mlennon.therealtyvault.com today.