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Sold for $295,000
  • $295,000

    8743 Thomas Dr Unit 1012, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $288,000 Zestimate®
    $399/sqft
    $1,634 Estimated rent

    Home value

    $288,000

    $274,000 - $302,000

    $1,634/mo

    Zestimate® history
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    What's special

    Gated entranceGe electric stoveBuilt-in microwavePoolside tiki barHotpoint refrigeratorDouble sink
    Do NOT sleep on this unit! With the new Tootsie's Orchid Lounge opening next door, The Summit is THE PLACE TO BE. Live music + entertainment + great food (even a pool!) = a new ''amenity'' for guests and owners that you don't have to pay for, so be sure to take advantage of this new attraction and get in on the great price on #1012 NOW. The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach and also has great repeat Snowbird business. This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring --En-suite bath off the main bedroom with shower/tub combo --2 twin bunks in the hall --Half bath in the hall --Sleeper sofa in living room --Compact kitchen with all necessities --Extra counter space, drawers, and cabinets --Full size Amana washer and dryer --Tile in hall, baths, and kitchen/dining/living room --GE electric stove --Built-in microwave --Hotpoint refrigerator --Double sink --Dining table with 4 chairs --7' x 15' balcony with outdoor furniture The Summit grounds feature a gated entrance, 24-hour security, 2 pools (one heated seasonally), 2 hot tubs, 2 kiddie pools, a poolside Tiki Bar, a full-service restaurant (Bikini Bob's), fitness center, game room, ice cream/snack and gift shops, jet ski rentals, shuffleboard, and lighted tennis/pickleball courts. See the walkthrough video attached to this listing, and ask your agent for the Airbnb link as well. Thank you for your interest. We look forward to your offer!

    Zillow last checked:

    Listing updated:

    Listed by:

    January Johnson 850-691-9851,

    EXP Realty LLC

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 770342MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Living Room, Primary Bedroom, Other
    Primary bedroom
    • Level: First
    • Dimensions: 12 x 15
    Living room
    • Level: First
    • Dimensions: 15 x 18
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 7 x 15
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
    • Laundry: Stacked
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Parking
    • Parking features: Paved, Parking Lot, Gated
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 30236286000
    • Zoning description: Resid Multi-Family
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Waterfront, Community Pool, Short Term Rental Allowed
    • Security: 24 Hour Security, Security Gate, Smoke Detector(s)
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Game Room, Gated, Barbecue, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $399/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,712
    • Date on market: 3/14/2025
    • Cumulative days on market: 406 days

    Price history

    DateEventPrice
    5/8/2026Sold$295,000-3.3%$399/sqft
    Source: CPAR #770342 Report a problem
    4/27/2026Pending sale$305,000$412/sqft
    Source: ECAOR #971219 Report a problem
    10/3/2025Price change$305,000-1.6%$412/sqft
    Source: ECAOR #971219 Report a problem
    8/5/2025Price change$310,000-3.1%$419/sqft
    Source: ECAOR #971219 Report a problem
    6/24/2025Price change$320,000-5.2%$432/sqft
    Source: ECAOR #971219 Report a problem
    4/23/2025Price change$337,500-0.7%$456/sqft
    Source: ECAOR #971219 Report a problem
    3/14/2025Listed for sale$340,000-5.6%$459/sqft
    Source: CPAR #770342 Report a problem
    7/31/2024Listing removed--
    Source: CPAR #757771 Report a problem
    5/29/2024Listed for sale$360,000+13.2%$486/sqft
    Source: CPAR #757771 Report a problem
    3/21/2022Sold$318,000-2.2%$430/sqft
    Source: Public Record Report a problem
    2/2/2022Contingent$325,000$439/sqft
    Source: CPAR #714985 Report a problem
    8/1/2021Listed for sale$325,000+109.7%$439/sqft
    Source: CPAR #714985 Report a problem
    12/9/2016Sold$155,000-1.2%$209/sqft
    Source: Public Record Report a problem
    10/21/2016Listed for sale$156,900-15.2%$212/sqft
    Source: Top Producers Real Estate Ctr #651724 Report a problem
    8/14/2007Sold$185,000-36.2%$250/sqft
    Source: Public Record Report a problem
    8/26/2004Sold$290,000+62%$392/sqft
    Source: Public Record Report a problem
    9/4/2003Sold$179,000+43.2%$242/sqft
    Source: Public Record Report a problem
    3/20/2002Sold$125,000$169/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,948 +6.3%$307,700 +7.1%
    2023$3,712 +42.1%$287,215 +61.7%
    2022$2,613 $177,623
    2021-- --
    2020$1,980 +11.7%$146,795 +3.9%
    2019$1,772 $141,312 +5.9%
    2018$1,772 +3.6%$133,450 +3%
    2017$1,710 +14%$129,625 +7.1%
    2016$1,500 +6.7%$121,055 +10%
    2015$1,406 $110,050 +10%
    2014$1,406 $100,045 +10%
    2013-- $90,950 +1.4%
    2012-- $89,675 -9%
    2011-- $98,558 -17.2%
    2010-- $119,000 -7.9%
    2009-- $129,200 -20%
    2008-- $161,500 -12.4%
    2007-- $184,450 -24.7%
    2006-- $245,001
    2005-- $245,001 +75%
    2004-- $140,001 +31.7%
    2003-- $106,301
    2002-- $106,301 +33.5%
    2001-- $79,600
    2000-- $79,600
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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