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Sold for $325,000
  • $325,000

    8743 Thomas Dr Unit 102, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $320,500 Zestimate®
    $439/sqft
    $1,634 Estimated rent

    Home value

    $320,500

    $285,000 - $359,000

    $1,634/mo

    Zestimate® history
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    What's special

    Ground floor unitWasher and dryerPoolside tiki barUpdated cabinetry and appliances
    GROUND FLOOR 1 Bedroom/2 Full Bath. The Summit is a desirable beachfront condominium property with a long history of exceptional rental income. This convenient ground floor unit offers 1-bedroom ensuite with a king size bed, plus hallway bunk beds and a rare second full bathroom. The kitchen has updated cabinetry and appliances, including a washer and dryer. This freshly painted and well-maintained condo comes fully furnished and rental ready. The new sliding glass door to terrace offers direct access to pool deck and beach. The resort offers an abundance of amenities, including 2 large pools, 2 kiddie pools, 2 outdoor hot tubs, 1 indoor hot tub, dry saunas, fitness center, shuffleboard courts, tennis/pickleball courts, Bar-b-que grills & picnic areas, poolside tiki bar and Bikini Bob's restaurant. This beachfront condominium is across the street from numerous amusement rides and restaurants and close to shopping and sports complexes. All information is approximate and should be verified by buyers if important. SELLER WILL CONSIDER OWNER FINANCING w/20% down, 8% interest rate, 30yr amortization, 5yr balloon.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Peery 517-230-3920,

    Top Producers Real Estate Center

    Bought with:

    Sostheim Group

    Corcoran Reverie

    Source: CPAR,MLS#: 758213MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Other
    • Description: Direct to gardens & pool deck
    • Level: First
    • Dimensions: 15 x 7
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
    Features
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Parking
    • Parking features: Additional Parking, Gated, Paved, Parking Lot
    Accessibility
    • Accessibility features: Common Area
    Features
    • Stories: 15
    • Patio & porch: Covered, Patio, Terrace
    • Pool features: Gunite, Gas Heat, In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Sprinkler System
    Details
    • Parcel number: 30236002000
    • Zoning description: Resort
    • 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, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Flat,Membrane
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, Water Connected, Phone Available

    Community & HOA

    Community
    • Features: Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Park, Pool, Sauna, Tennis Court(s), Short Term Rental Allowed
    • Security: Building Security, Gated with Guard, 24 Hour Security, Smoke Detector(s), Security Service
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Picnic Area, Sauna
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $439/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,195
    • Date on market: 6/7/2024
    • Cumulative days on market: 242 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/7/2025Sold$325,000-6.9%$439/sqft
    Source: CPAR #758213 Report a problem
    2/4/2025Pending sale$349,000$472/sqft
    Source: CPAR #758213 Report a problem
    12/26/2024Price change$349,000-2.8%$472/sqft
    Source: CPAR #758213 Report a problem
    6/7/2024Listed for sale$359,000-5.5%$485/sqft
    Source: CPAR #758213 Report a problem
    5/5/2024Listing removed--
    Source: CPAR #749964 Report a problem
    12/6/2023Listed for sale$379,900+171.4%$513/sqft
    Source: CPAR #749964 Report a problem
    7/27/2009Sold$140,000-6.7%$189/sqft
    Source: Public Record Report a problem
    4/14/2009Price change$150,000-6.3%$203/sqft
    Source: Keller Williams Success Realty #389683 Report a problem
    3/5/2009Price change$160,000-8.6%$216/sqft
    Source: Keller Williams Success Realty #389683 Report a problem
    12/21/2008Listed for sale$175,000-44.9%$236/sqft
    Source: Keller Williams Success Realty #389683 Report a problem
    5/12/2005Sold$317,500+117.5%$429/sqft
    Source: Public Record Report a problem
    12/17/2002Sold$146,000$197/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,429 +7.3%$214,924 +10%
    2023$3,195 +22.3%$195,385 +10%
    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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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    With Zillow Showcase(estimated)
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