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Sold for $625,000
  • $625,000

    8743 Thomas Dr Unit 1503, Panama City Beach, FL 32408

    3beds
    1,520sqft
    Condominium
    Built in 1984
    -- sqft lot
    $619,500 Zestimate®
    $411/sqft
    $2,855 Estimated rent

    Home value

    $619,500

    $564,000 - $681,000

    $2,855/mo

    Zestimate® history
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    What's special

    Great viewsOversized master bedroom
    GREAT VIEWS, Welcome to the Summit, You'll Easily Fall in Love with This Charming 3/3 That Can Comfortably Accommodate 10 Guests & Offers A Spacious Balcony Overlooking the Gulf of Mexico. Also Featuring a Spacious Living Room-Dining Area & Kitchen Equipped with A Stove, Microwave, Dishwasher, Refrigerator & Breakfast Bar, Oversized Master Bedroom, Bunks in the Hall & Jack-N-Jill Bathroom. New Mattress, living room furniture and New Balcony Furniture. You'll Also Enjoy the State-Of-The-Art Amenities That Summit Has to Offer Including: 2 Large Swimming Pools, Tiki Bar, Market, Bikini Bob's Restaurant, Hot Tubs, Picnic Areas with Grills, Tennis Courts, Basketball Courts, 3 Shuffleboard Courts, & Fitness Center.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike Rylee 850-238-6261,

    Beach Time Realty, Inc

    Bought with:

    Mike Rylee, 3320034

    Beach Time Realty, Inc

    Source: CPAR,MLS#: 786626MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Family Room, Other
    Bedroom
    • Level: First
    • Dimensions: 14 x 12
    Bedroom
    • Level: First
    • Dimensions: 14 x 12
    Family room
    • Level: First
    • Dimensions: 17 x 19
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 20 x 6
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 1,520
    • Total interior livable area: 1,520 sqft

    Property

    Parking
    • Parking features: Gated
    Features
    • Stories: 15
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: Fenced, Gas Heat, In Ground, Community
    • Fencing: Full,Fenced
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 30236437000
    • 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
    • Foundation: Pillar/Post/Pier
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Beach, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Game Room, Gated, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
    • Security: Fire Alarm, Smoke Detector(s), Security Service
    • Subdivision: The Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Barbecue, Sauna
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $411/sqft
    • Tax assessed value: $560,575
    • Annual tax amount: $6,039
    • Date on market: 3/11/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    3/18/2026Sold$625,000$411/sqft
    Source: CPAR #786626 Report a problem
    3/11/2026Pending sale$625,000$411/sqft
    Source: CPAR #786626 Report a problem
    3/11/2026Listed for sale$625,000$411/sqft
    Source: CPAR #786626 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,039 +9.8%$384,659 +10%
    2023$5,502 +35%$349,690 +10%
    2022$4,074 $317,900
    2021-- --
    2020$3,532 +28.5%$289,000 +30.4%
    2019$2,748 $221,637 -16.7%
    2018$2,748 -17.6%$266,088 +10%
    2017$3,336 +20.9%$241,898
    2016$2,760 -1.2%$241,898 +8.9%
    2015$2,793 $222,123 +10%
    2014$2,793 $201,930 +10%
    2013-- $183,573
    2012-- $183,573 -9%
    2011-- $201,728
    2010-- $201,728 +0%
    2009-- $201,727 0%
    2008-- $201,728 -12.4%
    2007-- $230,388 -24.7%
    2006-- $306,001
    2005-- $306,001 +2.7%
    2004-- $298,001 +73.1%
    2003-- $172,201
    2002-- $172,201 +20%
    2001-- $143,500
    2000-- $143,500
    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.

    Sell for more on Zillow
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    $619,500
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    With Zillow Showcase(estimated)
    $631,890
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $619,500
    2% more
    +$12,390
    With Zillow Showcase(estimated)
    $631,890