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Sold for $425,000
    • $425,000

    8743 Thomas Dr Unit 201, Panama City Beach, FL 32408

    2beds
    985sqft
    Condominium
    Built in 1984
    -- sqft lot
    $420,000 Zestimate®
    $431/sqft
    $1,922 Estimated rent

    Home value

    $420,000

    $378,000 - $466,000

    $1,922/mo

    Zestimate® history
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    What's special

    Direct beach accessPrivate balconyChic coastal styleOutdoor seatingHeated poolsTiki barBreathtaking gulf sunsets
    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Stunning Gulf-View Corner Unit: $46K (2022), $54K (2023), $54K YTD (2024) in Rental Income and already over $21k booked for 2025! Unit 201 at The Summit Beach Resort is a proven investment opportunity and an inviting coastal retreat. This stunning 2-bedroom, 2-bathroom corner condo is located on the 2nd floor, offering easy access with no need for elevators. Spanning 985 sq. ft., the west-facing unit boasts breathtaking Gulf sunsets from a private balcony and comes fully furnished in a chic coastal style, comfortably sleeping seven guests. The primary suite features a king bed and an upgraded en suite bathroom with a walk-in shower, while the second bedroom includes a twin and full-size bed with convenient guest bath access. Enjoy a cozy living area with a queen sleeper sofa, a fully equipped kitchen with stainless steel appliances, and outdoor seating on the balcony to soak in the views. The Summit Beach Resort offers exceptional amenities, including two heated pools, hot tubs, a Tiki bar, and direct beach access. Located next to the soon-to-open Tootsies, you'll have incredible entertainment right at your doorstep, along with convenient proximity to popular restaurants like Hammerhead Fred's and Longboards, family-friendly attractions such as WonderWorks and Shipwreck Island, and outdoor adventures at Saint Andrew's State Park. Unit 201 combines comfort, convenience, and proven rental success with even more exciting nearby developments to come!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler S Smith 850-818-9004,

    Beach Haven Realty

    Bought with:

    Tyler S Smith, SL3492940

    Beach Haven Realty

    Source: CPAR,MLS#: 764398MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room, Primary Bathroom
    Primary bathroom
    • 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 Oven, Electric Range, Electric Water Heater
    • Laundry: Stacked
    Features
    • Doors: Storm Door(s)
    • Windows: Storm Window(s)
    Interior area
    • Total structure area: 985
    • Total interior livable area: 985 sqft

    Property

    Parking
    • Parking features: Gated, Parking Lot
    Features
    • Patio & porch: Balcony, Covered, Porch
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 30236019000
    • 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
    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, Game Room, Gated, Laundry Facilities, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
    • Security: Building Security
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Game Room, Gazebo, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $431/sqft
    • Tax assessed value: $394,723
    • Annual tax amount: $4,623
    • Date on market: 3/5/2025
    • Cumulative days on market: 156 days

    Price history

    DateEventPrice
    5/14/2025Sold$425,000-3.4%$431/sqft
    Source: CPAR #764398 Report a problem
    4/3/2025Pending sale$440,000$447/sqft
    Source: ECAOR #970294 Report a problem
    4/3/2025Contingent$440,000$447/sqft
    Source: CPAR #764398 Report a problem
    3/5/2025Listed for sale$440,000$447/sqft
    Source: CPAR #764398 Report a problem
    2/21/2025Contingent$440,000$447/sqft
    Source: CPAR #764398 Report a problem
    1/31/2025Price change$440,000-2.2%$447/sqft
    Source: CPAR #764398 Report a problem
    12/2/2024Price change$450,000-3.2%$457/sqft
    Source: CPAR #764398 Report a problem
    11/15/2024Price change$465,000-2.1%$472/sqft
    Source: CPAR #764398 Report a problem
    10/29/2024Listed for sale$475,000+9.4%$482/sqft
    Source: CPAR #764398 Report a problem
    4/13/2022Sold$434,000+2.1%$441/sqft
    Source: CPAR #723016 Report a problem
    3/2/2022Contingent$425,000$431/sqft
    Source: CPAR #723016 Report a problem
    3/1/2022Listed for sale$425,000+54.6%$431/sqft
    Source: CPAR #723016 Report a problem
    3/31/2021Sold$274,900$279/sqft
    Source: CPAR #704357 Report a problem
    2/24/2021Contingent$274,900$279/sqft
    Source: CPAR #704357 Report a problem
    2/19/2021Price change$274,900+3.7%$279/sqft
    Source: CPAR #704357 Report a problem
    2/3/2021Price change$265,000-5.3%$269/sqft
    Source: CPAR #704357 Report a problem
    11/10/2020Listed for sale$279,900+40.7%$284/sqft
    Source: Beach Time Realty, Inc #704357 Report a problem
    1/12/2014Listing removed$199,000$202/sqft
    Source: Top Producers Real Estate Center #609907 Report a problem
    7/19/2013Price change$199,000-9.1%$202/sqft
    Source: Top Producers Real Estate Center #609907 Report a problem
    6/10/2013Listed for sale$219,000-2.2%$222/sqft
    Source: Top Producers Real Estate Center #609907 Report a problem
    3/26/2012Listing removed$224,000$227/sqft
    Source: Vflyer Homes #502839 Report a problem
    1/13/2012Listed for sale$224,000+28%$227/sqft
    Source: Real Estate Group #502839 Report a problem
    7/3/2002Sold$175,000$178/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,008 +8.3%$394,723 +7%
    2023$4,623 +52.8%$368,900 +49.7%
    2022$3,025 $246,500
    2021-- --
    2020$2,442 -1.2%$195,500 -3.2%
    2019$2,473 $201,875 +6%
    2018$2,473 +3.8%$190,425 +3%
    2017$2,381 +12.3%$184,880 +6.1%
    2016$2,120 +4.4%$174,250 +7.6%
    2015$2,030 $161,989 +10%
    2014$2,030 $147,263 +10%
    2013-- $133,875 -25.7%
    2012-- $180,200 +4.5%
    2011-- $172,375
    2010-- $172,375
    2009-- $172,375 -7.9%
    2008-- $187,224 -12.4%
    2007-- $213,824 -24.7%
    2006-- $284,001
    2005-- $284,001 +66.1%
    2004-- $171,001 +17%
    2003-- $146,101
    2002-- $146,101 +30%
    2001-- $112,400
    2000-- $112,400
    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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