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Sold for $282,500
  • $282,500

    8743 Thomas Dr Unit 505, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $280,000 Zestimate®
    $382/sqft
    $1,634 Estimated rent

    Home value

    $280,000

    $255,000 - $305,000

    $1,634/mo

    Zestimate® history
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    What's special

    New sleeper sofaExpansive balcony
    Spectacular East/West Gulf Views! Fully Furnished 5th floor Gulf Front 1 bed/1.5 bath condo with Hallway Bunks at The Summit. Enjoy your morning coffee or happy hour cocktail from your expansive balcony that overlooks the beautiful waters of the Emerald Coast. This unit can accommodate 6 people comfortably. Recent updates include fresh paint throughout, new Samsung stainless steel kitchen appliances and a new sleeper sofa. The balcony sliding glass door and bedroom window were recently replaced. The water heater was replaced in 2021 and the HVAC was replaced in September 2022. Enjoy all of the amenities that The Summit has to offer such as 2 pools (1 heated seasonally), 2 hot tubs, fitness center, game room and tennis courts. Looking for food and drinks? Lots of on-site options: Bikini Bob's Bar & Grill, Tiki Bar or Summit Market. Nearby attractions include Ripley's Believe It or Not, Wonderworks & St. Andrews State Park. There are also many dining, shopping and other entertainment options a short stroll away. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Gregory B Ward 770-570-0350,

    Keller Williams Success Realty

    Bought with:

    Gregory B Ward

    Keller Williams Success Realty

    Source: CPAR,MLS#: 763750MLS 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: Primary Bedroom
    Primary bedroom
    • Description: Approximate
    • Level: First
    • Dimensions: 15 x 11
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Parking
    • Parking features: Gated, Paved, Parking Lot
    Features
    • Stories: 15
    • 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
    Details
    • Parcel number: 30236119000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Security Gate, Security Service
    • Subdivision: The Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Game Room, Gated, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $382/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,195
    • Date on market: 10/12/2024
    • Cumulative days on market: 29 days

    Price history

    DateEventPrice
    12/16/2024Sold$282,500-4.2%$382/sqft
    Source: CPAR #763750 Report a problem
    11/11/2024Pending sale$295,000$399/sqft
    Source: CPAR #763750 Report a problem
    10/12/2024Listed for sale$295,000+110.7%$399/sqft
    Source: CPAR #763750 Report a problem
    6/23/2010Sold$140,000-39.1%$189/sqft
    Source: Public Record Report a problem
    7/5/2006Sold$230,000-17%$311/sqft
    Source: Public Record Report a problem
    1/21/2005Sold$277,000+46.6%$374/sqft
    Source: Public Record Report a problem
    1/7/2004Sold$189,000+52.4%$255/sqft
    Source: Public Record Report a problem
    4/8/2002Sold$124,000$168/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$2,032 +14.7%$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 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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