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Sold for $650,000
    • $650,000

    8743 Thomas Dr Unit 1513, Panama City Beach, FL 32408

    3beds
    1,531sqft
    Condominium
    Built in 1984
    -- sqft lot
    $622,400 Zestimate®
    $425/sqft
    $2,867 Estimated rent

    Home value

    $622,400

    $566,000 - $685,000

    $2,867/mo

    Zestimate® history
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    What's special

    Gulf front penthouse unitTennis courtsHot tubBbq grillsPlay areaPanoramic gulf viewsQuartz countertops
    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Located right next door to the fabulous TOOTSIES ORCHID LOUNGE COMING SOON... this GULF FRONT PENTHOUSE UNIT offers 3BR/3BA, 1,531 sq. ft. and has a solid rental history of over $66,000 for 2025 with the best yet to come!!! Easily accommodate up to 12 guests! Beautifully updated throughout including bathrooms plus stainless appliances and quartz countertops. Gulf-front primary w/ ensuite bath and spacious walk-in closet. Panoramic gulf views from the expansive balcony!, LVP maintenance- free flooring throughout. The Summit offers two gulf-front heated pools, hot tub, fitness center, play area, basketball, shuffleboard, bbq grills, snack bar, tennis courts and it's a short drive to St. Andrews State Park (top ten in FL), Grand Lagoon offering golden spoon waterfront dining options, Shell Island plus golf and attractions!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheryl A Wright 850-238-6082,

    Coldwell Banker Realty

    Bought with:

    Viola Zhuravel, SL3553750

    Fun Quest Vacation Rentals Corp

    Source: CPAR,MLS#: 777430MLS 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, Kitchen, Primary Bedroom, Other
    Primary bedroom
    • Level: First
    • Dimensions: 18 x 16
    Bedroom
    • Level: First
    • Dimensions: 10 x 15
    Bedroom
    • Level: First
    • Dimensions: 17 x 12
    Family room
    • Description: Dining/Living Combo
    • Level: First
    • Dimensions: 21 x 16
    Kitchen
    • Level: First
    • Dimensions: 14 x 9
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 30 x 6
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 1,531
    • Total interior livable area: 1,531 sqft

    Property

    Parking
    • Parking features: Gated, Paved, Parking Lot
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand, Shoreline - Natural
    Details
    • Parcel number: 30236447000
    • Zoning description: Resid Multi-Family

    Construction

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

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $425/sqft
    • Tax assessed value: $560,575
    • Annual tax amount: $7,024
    • Date on market: 8/9/2025
    • Cumulative days on market: 181 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/24/2026Sold$650,000-6.5%$425/sqft
    Source: CPAR #777430 Report a problem
    2/6/2026Pending sale$695,000$454/sqft
    Source: CPAR #777430 Report a problem
    8/9/2025Listed for sale$695,000-0.6%$454/sqft
    Source: CPAR #777430 Report a problem
    6/1/2025Listing removed$698,900$456/sqft
    Source: CPAR #763971 Report a problem
    2/24/2025Price change$698,900+1.5%$456/sqft
    Source: CPAR #763971 Report a problem
    2/2/2025Pending sale$688,900$450/sqft
    Source: CPAR #763971 Report a problem
    11/14/2024Listed for sale$688,900$450/sqft
    Source: CPAR #763971 Report a problem
    11/3/2024Pending sale$688,900$450/sqft
    Source: CPAR #763971 Report a problem
    10/18/2024Listed for sale$688,900-0.7%$450/sqft
    Source: CPAR #763971 Report a problem
    3/31/2023Sold$694,000-0.7%$453/sqft
    Source: CPAR #733046 Report a problem
    2/7/2023Contingent$699,000$457/sqft
    Source: CPAR #733046 Report a problem
    2/7/2023Pending sale$699,000$457/sqft
    Source: ECAOR #909823 Report a problem
    12/30/2022Price change$699,000-4.1%$457/sqft
    Source: CPAR #733046 Report a problem
    11/21/2022Price change$729,000-1.5%$476/sqft
    Source: CPAR #733046 Report a problem
    10/30/2022Price change$740,000-1.3%$483/sqft
    Source: CPAR #733046 Report a problem
    10/5/2022Listed for sale$750,000-16.6%$490/sqft
    Source: CPAR #733046 Report a problem
    7/25/2022Listing removed--
    Source: CPAR #727162 Report a problem
    5/26/2022Listed for sale$899,000+111.5%$587/sqft
    Source: CPAR #727162 Report a problem
    3/23/2021Sold$425,000+26.9%$278/sqft
    Source: Public Record Report a problem
    4/1/2019Sold$335,000-10.7%$219/sqft
    Source: Public Record Report a problem
    3/14/2019Pending sale$375,000$245/sqft
    Source: Keller Williams Emerald Coast Realty #800619 Report a problem
    3/12/2019Price change$375,000+7.1%$245/sqft
    Source: Keller Williams Emerald Coast Realty #800619 Report a problem
    2/23/2019Price change$350,000-6.7%$229/sqft
    Source: Keller Williams Emerald Coast Realty #800619 Report a problem
    8/31/2018Price change$375,000-1.1%$245/sqft
    Source: Keller Williams Emerald Coast Realty #800619 Report a problem
    6/20/2018Listed for sale$379,000$248/sqft
    Source: Keller Williams Emerald Coast Realty #671009 Report a problem
    6/8/2018Pending sale$379,000$248/sqft
    Source: Keller Williams Emerald Coast Realty #671009 Report a problem
    4/26/2018Listed for sale$379,000$248/sqft
    Source: Keller Williams Emerald Coast Realty #671009 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,024 +21.3%$560,575 +39.8%
    2023$5,792 +34.9%$401,115 +10%
    2022$4,293 $364,650
    2021-- --
    2020$3,469 +26.2%$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 homes

    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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