CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. This stunning, fully updated 1 Bedroom 1.5 Bath condo offers a coastal and turnkey rental opportunity.
Features include Complete renovation with all new electrical, plumbing, water heater and HVAC. Drop ceilings with recessed lighting for bright, clean look. New finishes throughout including doors, trim, flooring, and paint. Custom built-in bunks. Updated kitchen with new custom cabinets, granite countertop, stylish backsplash and shiplap accents. Bathrooms completely redone new walk-in tile shower, new vanities with granite tops, new toilets, and oversized mirror. New appliances, furniture and accessories included. Turnkey and rental-ready, this unit is the perfect blend of comfort, style, and investment opportunity. The Summit offers a fantastic outdoor area featuring two pools, including one that's heated in the winter, along with a tiki bar. On-site amenities include Bikini Bob's Restaurant, a market, and convenient beach service. The Summit is located on Thomas Drive, close to popular restaurants, entertainment, and the new Tootsies right next door.
Pending
Price cut: $1.6K (6/3)
$358,900
8743 Thomas Dr Unit 1109, Panama City Beach, FL 32408
1beds
740sqft
Condominium
Built in 1984
-- sqft lot
$334,900 Zestimate®
$485/sqft
$748/mo HOA
What's special
Custom built-in bunksTiki bar
- 426 days
- 31
- 1
Zillow last checked:
Listing updated:
Listed by:
Jo Lisa L Cochran 706-983-9370,
Anchor Realty Florida
Source: CPAR,MLS#: 775612
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 15 x 11
Living room
- Level: First
- Dimensions: 17 x 15
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Ice Maker
- Laundry: Stacked
Features
- Main Level Primary, Shower Only
Interior area
- Total structure area: 740
- Total interior livable area: 740 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Patio & porch: Balcony
- Pool features: Gas Heat, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 30236315000
- 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
- Foundation: Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: High Speed Internet Available
Community & HOA
Community
- Features: Barbecue, Basketball Court, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Gated, Laundry Facilities, Sauna, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
- Security: Building Security, Fire Sprinkler System, Security Gate, 24 Hour Security, Security Guard, Security Lights, Fire Alarm, Smoke Detector(s), Security Service
- Subdivision: The Summit
HOA
- Has HOA: Yes
- Amenities included: Business Center, Gated, Barbecue
- Services included: Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Laundry, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water
- HOA fee: $2,243 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $485/sqft
- Tax assessed value: $307,700
- Annual tax amount: $3,429
- Date on market: 6/3/2026
- Cumulative days on market: 424 days
Estimated market value
$334,900
$318,000 - $352,000
$1,634/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/1/2026 | Pending sale | $358,900$485/sqft |
Source:  CPAR #775612 Report a problem | ||
| 6/3/2026 | Price change | $358,900-0.4%$485/sqft |
Source: CPAR #775612 Report a problem | ||
| 2/7/2026 | Price change | $360,500-2.4%$487/sqft |
Source: CPAR #775612 Report a problem | ||
| 6/29/2025 | Listed for sale | $369,500+494.1%$499/sqft |
Source: CPAR #775612 Report a problem | ||
| 10/1/1986 | Sold | $62,200$84/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32408
Nearby schools
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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