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Sold for $346,000
  • $346,000

    8743 Thomas Dr Unit 129, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $341,600 Zestimate®
    $468/sqft
    $1,634 Estimated rent

    Home value

    $341,600

    $311,000 - $372,000

    $1,634/mo

    Zestimate® history
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    What's special

    Two large beachfront poolsBeautiful gulf viewsHallway bunk bedsPrivate primary bedroomNew windowsNew stoveHot tubs
    RARE GROUND-FLOOR GULF-FRONT UNIT Welcome to Unit 129 at The Summit, where beautiful Gulf views meet unbeatable convenience with direct access to the sugar-white sands of Panama City Beach. Walk straight from your patio to the pool deck and beach! Perfect for families who want easy access to the beach and resort amenities with no elevators required. This condo has received over $50,000 IN UPGRADES and improvements (2022-2023) including a new stove, microwave, refrigerator, washer and dryer, HVAC system, updated flooring throughout, and new living room and kitchen furnishings. The resort has also completed exterior improvements including new windows, sliding glass doors, and balcony tile, enhancing both comfort and long-term value. Inside, the open living space creates a relaxing coastal setting whether you're enjoying morning coffee or unwinding after a day on the beach. The kitchen offers generous counter space and full appliances, while the in-unit washer and dryer add everyday convenience. The layout comfortably accommodates guests with a private primary bedroom, hallway bunk beds, and a 1.5-bath configuration with tub/shower combination. The condo is approved to sleep up to 5 guests and is being sold fully furnished and rental ready. Professionally managed by Azure-Properties with strong rental momentum already in place with approximately $33,000 IN FUTURE RESERVATIONS currently on the books. Ground-floor units like this are highly sought after by guests for their direct pool and beach access. Owners and guests at The Summit enjoy resort-style amenities including: • Two large beachfront pools • Hot tubs and fitness center • Tennis and basketball courts • Shuffleboard, picnic, and grilling areas • Direct beach access • On-site tiki bar, market, and Bikini Bob's restaurant • Gated entry with on-site security and ample open parking Located in the heart of Panama City Beach, just steps from shopping, dining, and entertainment. Summit Resort is on Thomas Drive near St. Andrews State Park, and walking distance to the massive 30,000-square-foot Tootsie's Orchid Lounge (opening soon). Other nearby attractions include Ripley's Believe It or Not, WonderWorks, Shipwreck Island Water Park, ZooWorld, Shell Island excursions, Topgolf, Dolly Parton's Pirates Voyage Dinner & Show! Whether you're searching for a beachfront getaway, second home, or an income-producing investment, this ground-floor Gulf-front unit offers outstanding convenience, strong rental potential, and direct beach access. All information deemed reliable but not guaranteed. Buyer to verify all information deemed important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carla D Singleton 931-797-3884,

    Ohana Real Estate Services

    Bought with:

    Lexi L Hinson

    Legacy Premier Agency

    Source: CPAR,MLS#: 786813MLS 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
    Bedroom
    • Level: First
    • Dimensions: 12 x 15
    Living room
    • Level: First
    • Dimensions: 17 x 15
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Features
    • Pool features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 30236015000

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, High Speed Internet Available

    Community & HOA

    Community
    • Features: Community Pool, Short Term Rental Allowed
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gated, Barbecue, Sauna, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $468/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,508
    • Date on market: 3/14/2026
    • Cumulative days on market: 2 days

    Price history

    DateEventPrice
    4/14/2026Sold$346,000-1.1%$468/sqft
    Source: CPAR #786813 Report a problem
    3/17/2026Pending sale$349,900$473/sqft
    Source: CPAR #786813 Report a problem
    3/14/2026Listed for sale$349,900-5.3%$473/sqft
    Source: CPAR #786813 Report a problem
    9/26/2022Sold$369,500-5%$499/sqft
    Source: CPAR #728729 Report a problem
    8/31/2022Pending sale$389,000$526/sqft
    Source: CPAR #728729 Report a problem
    6/28/2022Listed for sale$389,000+19.7%$526/sqft
    Source: CPAR #728729 Report a problem
    10/26/2021Listing removed--
    Source: CPAR #717295 Report a problem
    9/27/2021Listed for sale$325,000+60.1%$439/sqft
    Source: CPAR #717295 Report a problem
    5/30/2019Sold$203,000-2.9%$274/sqft
    Source: CPAR #677675 Report a problem
    4/27/2019Pending sale$209,000$282/sqft
    Source: Berkshire Hathaway Beach Properties of F #677675 Report a problem
    2/18/2019Price change$209,000-3.6%$282/sqft
    Source: Berkshire Hathaway Beach Properties of F #677675 Report a problem
    12/14/2018Price change$216,900-1.4%$293/sqft
    Source: Berkshire Hathaway Beach Properties of F #677675 Report a problem
    11/15/2018Listed for sale$219,900+15.7%$297/sqft
    Source: Berkshire Hathaway Beach Properties of F #677675 Report a problem
    8/15/2018Sold$190,000$257/sqft
    Source: Public Record Report a problem
    7/6/2018Pending sale$190,000$257/sqft
    Source: Beachy Beach Inc #673570 Report a problem
    7/3/2018Listed for sale$190,000+40.7%$257/sqft
    Source: Beachy Beach Inc #673570 Report a problem
    8/24/2009Sold$135,000+2.3%$182/sqft
    Source: Public Record Report a problem
    3/26/2002Sold$132,000$178/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 +38.9%$287,215 +50.8%
    2022$2,672 $190,413
    2021-- --
    2020$2,067 +16.7%$164,900 +16.7%
    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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    $341,600
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