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Sold for $255,000
    • $255,000

    8743 Thomas Dr Unit 331, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $250,400 Zestimate®
    $345/sqft
    $1,634 Estimated rent

    Home value

    $250,400

    $228,000 - $275,000

    $1,634/mo

    Zestimate® history
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    What's special

    Updated lightingStunning gulf viewsNew appliancesIdeal layoutUpgraded kitchen
    THE BEST PRICED UNIT AT THE SUMMIT! This third floor one bed, two bath unit offers stunning Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought after buildings. The interior offers several updates throughout, including shiplap accents in the bath, dining, and living areas, while the upgraded kitchen features new appliances and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or retiree. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs (as seen in photos), while Tootsie's night club is quickly being built next door—adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located lower floor unit with tremendous upside and future rental potential. Inquire for all details!

    Zillow last checked:

    Listing updated:

    Listed by:

    Dale D Gumm 270-319-8903,

    Anchor Realty Florida

    Bought with:

    Laina Dillman

    Lifes A Beach Real Estate, LLC

    Source: CPAR,MLS#: 781183MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen
    Bedroom
    • Level: First
    • Dimensions: 10 x 11
    Other
    • Level: First
    • Dimensions: 8 x 9
    Other
    • Level: First
    • Dimensions: 8 x 9
    Kitchen
    • Level: First
    • Dimensions: 8 x 5
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Features
    • Patio & porch: Enclosed, Patio
    • Exterior features: Patio
    • Has private pool: Yes
    • Pool features: In Ground, Community, Private
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 30236081000
    • Zoning description: County
    • Special conditions: Listed As-Is

    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

    • Utilities for property: Cable Connected, Electricity Available

    Community & HOA

    Community
    • Features: Beach, Clubhouse, Elevator, Laundry Facilities, Pool, Waterfront, Short Term Rental Allowed
    • Security: 24 Hour Security, Security Guard, Security Service
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Game Room
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $345/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,948
    • Date on market: 11/4/2025
    • Cumulative days on market: 220 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/10/2026Sold$255,000-5.5%$345/sqft
    Source: CPAR #781183 Report a problem
    1/10/2026Pending sale$269,900$365/sqft
    Source: CPAR #781183 Report a problem
    11/22/2025Price change$269,900-3.6%$365/sqft
    Source: CPAR #781183 Report a problem
    11/4/2025Listed for sale$279,900-5.1%$378/sqft
    Source: CPAR #781183 Report a problem
    10/26/2025Listing removed$295,000$399/sqft
    Source: CPAR #773975 Report a problem
    8/12/2025Price change$295,000-1.3%$399/sqft
    Source: CPAR #773975 Report a problem
    6/22/2025Price change$299,000-5.8%$404/sqft
    Source: CPAR #773975 Report a problem
    6/6/2025Price change$317,500-0.8%$429/sqft
    Source: CPAR #773975 Report a problem
    5/25/2025Listed for sale$320,000-20%$432/sqft
    Source: CPAR #773975 Report a problem
    10/1/2023Listing removed--
    Source: ECAOR #924789 Report a problem
    6/5/2023Listing removed$399,900$540/sqft
    Source: ECAOR #924789 Report a problem
    6/5/2023Listed for sale$399,900+23%$540/sqft
    Source: ECAOR #924789 Report a problem
    5/23/2022Sold$325,000$439/sqft
    Source: CPAR #723550 Report a problem
    3/11/2022Pending sale$325,000$439/sqft
    Source: CPAR #723550 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,948 +6.3%$307,700 +7.1%
    2023$3,712 +42.1%$287,215 +61.7%
    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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