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Sold for $355,000
    • $355,000

    8743 Thomas Dr Unit 312, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $304,600 Zestimate®
    $480/sqft
    $1,634 Estimated rent

    Home value

    $304,600

    $280,000 - $329,000

    $1,634/mo

    Zestimate® history
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    What's special

    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Experience coastal luxury in this exquisitely renovated 1 bedroom, 1 1/2 bath (with bunks) beachfront condo. This condo is conveniently located on the 3rd floor making this a very desirable unit. Wake up to the sound of waves and enjoy your morning coffee on your private balcony which offers breathtaking views of the gulf. This property is a short-term rental powerhouse, generating impressive income of over $50k. Whether you're looking for a lucrative investment or a personal slice of paradise, this condo delivers the ultimate beachside lifestyle.The Summit is full of amenities including two large pools (one heated), two hot tubs, a game/arcade room, a BBQ and patio area, the poolside Tiki Bar, indoor hot tub, sauna room, tennis courts, fitness center, and Bikini Bob's restaurant. Act fast—this gem won't last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Nathan Lawrence 850-783-2302,

    Keller Williams Success Realty

    Bought with:

    Nathan Lawrence, 3107484

    Keller Williams Success Realty

    Source: CPAR,MLS#: 760738MLS 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: Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 15 x 11
    Kitchen
    • Level: First
    • Dimensions: 9 x 7
    Living room
    • Level: First
    • Dimensions: 16 x 15
    Heating
    • Central, Coal
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Gunite, Gas Heat, Indoor, Community
    • Spa features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf
    Lot
    • Features: Paved
    Details
    • Parcel number: 30236062000
    • Zoning description: Resort
    • 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, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Short Term Rental Allowed
    • Security: Building Security, Gated with Guard, 24 Hour Security, Smoke Detector(s), Security Service
    • Subdivision: The Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Barbecue, Picnic Area, Sauna, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $480/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,195
    • Date on market: 7/31/2024
    • Cumulative days on market: 70 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/20/2024Sold$355,000-3.8%$480/sqft
    Source: CPAR #760738 Report a problem
    8/19/2024Contingent$369,000$499/sqft
    Source: CPAR #760738 Report a problem
    7/31/2024Listed for sale$369,000$499/sqft
    Source: CPAR #760738 Report a problem
    7/23/2024Listing removed--
    Source: CPAR #757724 Report a problem
    7/11/2024Price change$369,000-2.6%$499/sqft
    Source: CPAR #757724 Report a problem
    7/9/2024Listed for sale$379,000-2.6%$512/sqft
    Source: CPAR #757724 Report a problem
    6/13/2024Listing removed--
    Source: CPAR #757724 Report a problem
    5/27/2024Listed for sale$389,000+3.7%$526/sqft
    Source: CPAR #757724 Report a problem
    7/22/2021Listing removed--
    Source: Owner Report a problem
    7/12/2021Listed for sale$375,000+87.5%$507/sqft
    Source: Owner Report a problem
    8/21/2018Sold$200,000+18.3%$270/sqft
    Source: Public Record Report a problem
    1/25/2016Listing removed$169,000$228/sqft
    Source: Keller Williams Town & Country #264511 Report a problem
    12/28/2015Listed for sale$169,000+72.4%$228/sqft
    Source: Keller Williams Town & Country #264511 Report a problem
    5/23/2012Sold$98,000-6.6%$132/sqft
    Source: CPAR #501990 Report a problem
    3/16/2012Listed for sale$104,900-4.5%$142/sqft
    Source: Coldwell Banker United, Realtors #501990 Report a problem
    2/1/2012Listing removed$109,900$149/sqft
    Source: Homepath #501990 Report a problem
    12/30/2011Price change$109,900-8%$149/sqft
    Source: Homepath #501990 Report a problem
    12/3/2011Price change$119,500-40.3%$161/sqft
    Source: Coldwell Banker United, Realtors #501990 Report a problem
    11/22/2008Listed for sale$200,000$270/sqft
    Source: Jim Free Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,429 +7.3%$214,924 +10%
    2023$3,195 +22.3%$195,385 +10%
    2022$2,613 $177,623
    2021-- --
    2020$1,980 +11.7%$146,795 +3.9%
    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 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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