Imagine owning a beachfront paradise with breathtaking, direct views of the silky white sands and emerald-blue waters of the Gulf of Mexico! This stunning 4th-floor condo at The Summit offers everything you've been dreaming of and more. Perfectly positioned for maximum beach views and recently updated with new windows and doors, this unit is truly a standout in the complex.
Beautifully decorated and featuring convenient hallway bunks for extra guests, this condo combines style and function, making it ideal for both personal use and as a highly profitable short-term rental. Located in a secure, gated community, you'll enjoy resort-style amenities including two beachfront pools (one heated for year-round relaxation), hot tubs, kiddie pools, a gym, game room, and pickleball courts.
On-site conveniences like an ice cream shop, gift shop, and the popular Bikini Bob's Grill & Bar mean everything you need is right at your fingertips—no need to leave! Whether you're looking for a full-time beachfront escape, a vacation retreat, or an income-generating short-term rental, this condo checks every box.
Fully furnished and ready to generate rental income from day one, this is an opportunity you don't want to miss. Contact your favorite realtor to schedule a showing today!
For sale
$329,000
8743 Thomas Dr Unit 412, Panama City Beach, FL 32408
1beds
740sqft
Condominium
Built in 1984
-- sqft lot
$-- Zestimate®
$445/sqft
$724/mo HOA
What's special
Beachfront paradiseNew windows and doorsHot tubsTwo beachfront poolsKiddie pools
- 671 days
- 56
- 2
Zillow last checked:
Listing updated:
Listed by:
Rachel N Warrell 850-896-5899,
eXp Realty, LLC
Source: CPAR,MLS#: 764312
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Other
Bedroom
- Description: all measurements approximate
- Level: First
- Dimensions: 11 x 15
Dining room
- Description: all measurements approximate
- Level: First
- Dimensions: 5 x 14
Other
- Description: all measurements approximate
- Level: First
- Dimensions: 10 x 7
Kitchen
- Description: all measurements approximate
- Level: First
- Dimensions: 7 x 11
Living room
- Description: all measurements approximate
- Level: First
- Dimensions: 9 x 17
Other
- Description: all measurements approximate
- Features: Balcony
- Level: First
- Dimensions: 14 x 6
Heating
- Central, Electric, Varies by Unit
Cooling
- Central Air, Varies by Unit
Appliances
- Included: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- Laundry: Stacked
Interior area
- Total structure area: 740
- Total interior livable area: 740 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Electric Gate, Gated, Paved
Features
- Patio & porch: Balcony
- Pool features: Gunite, Electric Heat, In Ground, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand
Lot
- Features: Paved
Details
- Parcel number: 30236094000
- Zoning description: Resort
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
- Sewer: Public Sewer, Sewer Tap Paid
- Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available, Sewer Available
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Playground, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
- Security: Gated with Guard, Gated Community, 24 Hour Security, Security Guard, See Remarks, Security Gate, Security Service
- Subdivision: Summit
HOA
- Has HOA: Yes
- Amenities included: Other, See Remarks, Beach Rights, Gated, Barbecue, Picnic Area, Spa/Hot Tub
- Services included: Fitness Facility, Insurance, Other, Playground, Pool(s), Recreation Facilities, Sewer, See Remarks, Security, Tennis Courts, Water
- HOA fee: $724 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $445/sqft
- Tax assessed value: $307,700
- Annual tax amount: $3,195
- Date on market: 10/28/2024
- Cumulative days on market: 599 days
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,634/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2024 | Listed for sale | $329,000+100.6%$445/sqft |
Source:  CPAR #764312 Report a problem | ||
| 3/16/2010 | Listing removed | $164,000$222/sqft |
Source: Visual Tour #383630 Report a problem | ||
| 2/26/2010 | Listed for sale | $164,000+31.2%$222/sqft |
Source: Visual Tour #383630 Report a problem | ||
| 5/23/2001 | Sold | $125,000$169/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32408
Nearby schools
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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