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Sold for $659,000
  • $659,000

    8743 Thomas Dr Unit 1509, Panama City Beach, FL 32408

    3beds
    1,531sqft
    Condominium
    Built in 1984
    -- sqft lot
    $620,500 Zestimate®
    $430/sqft
    $2,867 Estimated rent

    Home value

    $620,500

    $571,000 - $683,000

    $2,867/mo

    Zestimate® history
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    What's special

    Gulf-front penthouse condoTwo large swimming poolsTennis courtsLuxurious quartz countertopsContemporary fixtures and finishes
    Experience vacation living at its finest with this stunning 3-bedroom, 3-bathroom Gulf-front Penthouse condo at The Summit Beach Resort. Recently renovated to perfection, this condo boasts a fresh, modern look throughout. Step inside to discover brand-new flooring that sets the stage for elegance and comfort. The kitchen has been completely upgraded with sleek cabinets and luxurious quartz countertops, making meal prep a delight. Each bathroom has been transformed with contemporary fixtures and finishes, adding a touch of sophistication to your daily routine. The highlight of this condo is undoubtedly its expansive balcony overlooking the pristine beach. Relax with a morning coffee or savor breathtaking sunsets with friends and family in this picturesque setting. The master bedroom, positioned Gulf-front, offers unparalleled views and features a sumptuous king-size bed for ultimate relaxation. With accommodations for up to 12 guests, this condo is ideal for large families or group getaways. Perfect for investors or those seeking a vacation retreat, this property is a fantastic rental opportunity. Sold fully furnished and equipped, including new living room furniture not yet shown in the pictures, it's ready for immediate enjoyment. This unit is pretty much booked solid from now until October! Buy now and enjoy the rental income. But the luxury doesn't end there. The Summit Beach Resort offers a wealth of amenities, including two large swimming pools, a Tiki Bar, a market, and the renowned Bikini Bob's Restaurant. Enjoy leisurely days with hot tubs, picnic areas with grills, tennis courts, a basketball court, and three shuffleboard courts. Stay active with the on-site fitness center, or let the kids indulge in Resort Collection's Adventure Zone activities during the summer, including Dive-In Movies on the pool deck at dusk. Indulge in the ultimate beachfront lifestyle at The Summit Beach Resort - where luxury meets relaxation in paradise.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amanda Cialoni 850-235-4444,

    Seashore Realty LLC

    Bought with:

    Lynn Boyd, 3210054

    Keller Williams Success Realty

    Source: CPAR,MLS#: 754571MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Family Room, Kitchen, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 18 x 16
    Family room
    • Description: Dining Living room combo
    • Level: First
    • Dimensions: 21 x 16
    Kitchen
    • Level: First
    • Dimensions: 14 x 9
    Appliances
    • Included: Washer/Dryer Stacked, Electric Oven
    • Laundry: Stacked
    Interior area
    • Total structure area: 1,531
    • Total interior livable area: 1,531 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Gunite, Gas Heat, Community, Pool
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 30236443000

    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: Water Connected

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Park, Pool, Tennis Court(s), Gated, Short Term Rental Allowed
    • Security: Security Gate, Gated Community, Security Guard, Security Service
    • Subdivision: The Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Game Room, Gated, Picnic Area, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $430/sqft
    • Tax assessed value: $560,575
    • Annual tax amount: $5,792
    • Date on market: 3/21/2024
    • Cumulative days on market: 239 days

    Price history

    DateEventPrice
    2/10/2025Sold$659,000$430/sqft
    Source: CPAR #754571 Report a problem
    11/14/2024Pending sale$659,000$430/sqft
    Source: CPAR #754571 Report a problem
    5/6/2024Price change$659,000-5.7%$430/sqft
    Source: CPAR #754571 Report a problem
    3/21/2024Listed for sale$699,000+12.7%$457/sqft
    Source: CPAR #754571 Report a problem
    5/5/2022Listing removed--
    Source: CPAR #723787 Report a problem
    4/12/2022Listed for sale$620,000$405/sqft
    Source: CPAR #723787 Report a problem
    4/4/2022Pending sale$620,000$405/sqft
    Source: CPAR #723787 Report a problem
    4/2/2022Listed for sale$620,000$405/sqft
    Source: CPAR #723787 Report a problem
    3/23/2022Contingent$620,000$405/sqft
    Source: CPAR #723787 Report a problem
    3/17/2022Listed for sale$620,000+44.2%$405/sqft
    Source: CPAR #723787 Report a problem
    4/2/2021Sold$430,000-1.1%$281/sqft
    Source: CPAR #706697 Report a problem
    2/21/2021Pending sale$435,000$284/sqft
    Source: CPAR #706697 Report a problem
    2/19/2021Listed for sale$435,000$284/sqft
    Source: CPAR #706697 Report a problem
    2/12/2021Pending sale$435,000$284/sqft
    Source: CPAR #706697 Report a problem
    1/26/2021Listed for sale$435,000+2.6%$284/sqft
    Source: CPAR #706697 Report a problem
    8/11/2020Listing removed$424,000$277/sqft
    Source: Beach Time Realty, Inc #698252 Report a problem
    7/22/2020Price change$424,000-3.4%$277/sqft
    Source: Beach Time Realty, Inc #698252 Report a problem
    6/9/2020Listed for sale$439,000+29.1%$287/sqft
    Source: Beach Time Realty, Inc #698252 Report a problem
    8/30/2019Sold$340,000-12.6%$222/sqft
    Source: CPAR #683789 Report a problem
    5/18/2019Listed for sale$389,000$254/sqft
    Source: Jim Free Realty LLC #683789 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,356 +9.7%$441,227 +10%
    2023$5,792 +34.9%$401,115 +10%
    2022$4,293 $364,650
    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.

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