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Sold for $295,000
  • $295,000

    8743 Thomas Dr Unit 1105, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $298,000 Zestimate®
    $399/sqft
    $1,634 Estimated rent

    Home value

    $298,000

    $283,000 - $313,000

    $1,634/mo

    Zestimate® history
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    What's special

    Private beach accessGulf-front condoUpdated lightingBreathtaking gulf viewsHallway bunkbedsNewer stainless steel appliancesTile backsplash
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door-- adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential. Resort Amenities: • Gated Community • 24/7 Onsite Security • Private Beach Access • 2 Pools and 2 Hot Tubs (7am-11pm) • Fitness Center and Sauna (7am-11pm) • Basketball Court • Tennis Court • Pickleball Court • 2 Shuffleboards • Tiki Bar (Seasonal) • Bikini Bob's (Seasonal) • Game Room (8am-11pm) • Charcoal Grills & Picnic Area

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie W McKay 850-866-9230,

    Coastal Living Realty & Associates

    Bought with:

    Joseph Rohne

    EXP Realty LLC

    Source: CPAR,MLS#: 787371MLS 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: Bedroom, Living Room, Other
    Bedroom
    • Description: King bed
    • Level: First
    • Dimensions: 12 x 15
    Living room
    • Description: Beautiful Gulf View
    • Level: First
    • Dimensions: 18 x 15
    Other
    • Description: Relax and Enjoy
    • Features: Balcony
    • Level: First
    • Dimensions: 15 x 6
    Heating
    • Central, Electric, Forced Air
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
    • Laundry: Stacked
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Parking
    • Parking features: Electric Gate, Gated, Parking Lot
    Features
    • Stories: 15
    • Patio & porch: Balcony
    • Pool features: Gunite, Gas Heat, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Paved
    Details
    • Parcel number: 30236311000
    • Special conditions: Listed As-Is

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Available

    Community & HOA

    Community
    • Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Building Security, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Smoke Detector(s)
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Game Room, Gated, Barbecue, Picnic Area, Sauna, 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: $3,508
    • Date on market: 3/25/2026
    • Cumulative days on market: 43 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/4/2026Sold$295,000-5.9%$399/sqft
    Source: CPAR #787371 Report a problem
    5/9/2026Pending sale$313,500$424/sqft
    Source: CPAR #787371 Report a problem
    4/15/2026Price change$313,500-1.4%$424/sqft
    Source: CPAR #787371 Report a problem
    3/25/2026Listed for sale$318,000-0.6%$430/sqft
    Source: CPAR #787371 Report a problem
    1/29/2026Listing removed$320,000$432/sqft
    Source: CPAR #781353 Report a problem
    11/7/2025Listed for sale$320,000-5.9%$432/sqft
    Source: CPAR #781353 Report a problem
    1/11/2022Sold$340,000-2.7%$459/sqft
    Source: CPAR #719075 Report a problem
    11/22/2021Pending sale$349,500$472/sqft
    Source: CPAR #719075 Report a problem
    11/15/2021Listed for sale$349,500+83.9%$472/sqft
    Source: CPAR #719075 Report a problem
    6/28/2007Sold$190,000-32.5%$257/sqft
    Source: Public Record Report a problem
    12/14/2004Sold$281,500+75.9%$380/sqft
    Source: Public Record Report a problem
    6/18/2003Sold$160,000$216/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 +26.5%$287,215 +16.5%
    2022$2,935 $246,500
    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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