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USAFLPanama City BeachSugar Beach CondoUnit-C21-8727 Thomas Dr
SB-C21 | Image 1

UNIT-C21-8727 Thomas Dr, Panama City Beach, FL

Condo

For Sale

Listed price in listed location currency (USD).
$550,000

220

MLS® 784193

Overview

Key Facts

Type Condominium
Levels Residential
Size -
Garage No
Maintenance Fees 
Taxes $5,862
Days Active 31
Approx. Age 1974
MLS® Number 784193

Property Address: unit-c21-8727 Thomas Dr, Panama City Beach, FL, 32408-4007

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number784193
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelStacked
Exposure
Exterior
GarageNo
Approx. Age1974
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:First Floor12 × 13 ft
Living Room:First Floor13 × 21 ft
Bedroom 1:First Floor14 × 15 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 26, 2026List Date
$550,000List Price

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