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Sold for $325,000
    • $325,000

    8743 Thomas Dr Unit 313, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $291,900 Zestimate®
    $439/sqft
    $1,634 Estimated rent

    Home value

    $291,900

    $271,000 - $315,000

    $1,634/mo

    Zestimate® history
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    What's special

    1 Bedroom/1.5 Bath. The Summit is a highly desirable beachfront condominium property with a long history of exceptional rental income. This convenient 3rd floor unit offers stunning views of the Gulf of Mexico. 1-bedroom with a king size bed, plus hallway bunk beds and a queen sofa sleeper. Full kitchen with all appliances, including a washer and dryer. This turn-key condo comes fully furnished and rental ready. Unit has new sliding glass doors and windows. The resort offers an abundance of amenities, including 2 large pools, 2 kiddie pools, 2 outdoor hot tubs, 1 indoor hot tub, dry saunas, fitness center, shuffleboard courts, tennis/pickleball courts, Bar-b-que grills & picnic areas, poolside tiki bar and Bikini Bob's restaurant. This beachfront condominium is across the street from numerous amusement rides and restaurants and close to shopping and sports complexes. All information is approximate and should be verified by buyers if important. **SELLER WILL CONSIDER OWNER FINANCING** (terms: 20% down, 8% interest rate, 30yr amortization, 3-5yr balloon).

    Zillow last checked:

    Listing updated:

    Listed by:

    Mark Peery 517-230-3920,

    Top Producers Real Estate Center

    Bought with:

    Laura Whitney, 3316545

    Realty One Group Emerald Coast

    Source: CPAR,MLS#: 758224MLS 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: Other
    Other
    • Description: Direct to Gulf of Mexico
    • Features: Balcony
    • Dimensions: 15 x 7
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
    Features
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Parking
    • Parking features: Additional Parking, Gated, Paved, Parking Lot
    Accessibility
    • Accessibility features: Common Area
    Features
    • Stories: 15
    • Patio & porch: Balcony, Covered, Patio
    • Pool features: Gunite, Gas Heat, In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Sprinkler System
    Details
    • Parcel number: 30236063000
    • 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: Flat,Membrane
    Condition
    • Year built: 1984

    Utilities & green energy

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

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $439/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,195
    • Date on market: 6/12/2024
    • Cumulative days on market: 7 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/1/2025Listing removed$355,000$480/sqft
    Source: CPAR #766049 Report a problem
    1/1/2025Price change$355,000+11.3%$480/sqft
    Source: CPAR #766049 Report a problem
    12/11/2024Listed for sale$319,000-1.8%$431/sqft
    Source: CPAR #766049 Report a problem
    6/28/2024Sold$325,000-4.1%$439/sqft
    Source: CPAR #758224 Report a problem
    6/14/2024Pending sale$339,000$458/sqft
    Source: CPAR #758224 Report a problem
    6/12/2024Listed for sale$339,000$458/sqft
    Source: CPAR #758224 Report a problem
    6/10/2024Pending sale$339,000$458/sqft
    Source: CPAR #758224 Report a problem
    6/7/2024Listed for sale$339,000+171.2%$458/sqft
    Source: CPAR #758224 Report a problem
    6/12/2014Sold$125,000$169/sqft
    Source: Public Record 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 +6.1%
    2016$1,500 +2.9%$122,230 +1.3%
    2015$1,458 $120,700 +20.6%
    2014$1,458 $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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    $291,900
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    With Zillow Showcase(estimated)
    $297,738

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