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Sold for $294,750
  • $294,750

    8743 Thomas Dr Unit 508, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $288,100 Zestimate®
    $398/sqft
    $1,634 Estimated rent

    Home value

    $288,100

    $259,000 - $320,000

    $1,634/mo

    Zestimate® history
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    $1,912/mo

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    $1,912/mo

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    What's special

    The Summit is a very desirable well maintained gated condominium. This 5th floor unit has a long-standing repeat guest list that return year after year for over 20 years. Unit is rented this fall Oct- April for $1800. This Gulf Front condo is centrally located close to entertainment, Marinas, St Andrew State Park, restaurants and shopping. This unit is well maintained with many updates. Windows and sliding glass door replaced 2023, HVAC installed 5/2024. This unit has updated furnishings to include new wood coffee table, dining table and Entertainement center all from Fowhands. the kitchen has refaced cabinets and granite counter tops with tiled backsplash. Newer appliance package with smooth top stove and micro hood. 18x18 tile throughout the unit. Bathrooms have new vanities as well as new tiled shower and fixtures. The complete unit recently painted. The summit offers lots of amenities to include Poolside Tiki Bar overlooking the Gulf, 2 large pools, one is heated when needed.2 kiddie pools, 2 outdoor hot tubs as well as 1 indoor hot tub and dry saunas, beach access, market, Bikini Bob's onsite grill, fitness center, shuffleboard as well as tennis and pickleball courts. Sit back and relax out on the balcony and enjoy the wonderful views of the Gulf and sugar white sand beaches as well as wonderful sunsets.

    Zillow last checked:

    Listing updated:

    Listed by:

    Donna M Stokes 850-258-7752,

    Top Producers Real Estate Center

    Bought with:

    Jo Lisa L Cochran, SL3351905

    Anchor Realty Florida

    Source: CPAR,MLS#: 757735MLS 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: Living Room, Primary Bedroom, Other
    Primary bedroom
    • Level: First
    • Dimensions: 14 x 15
    Living room
    • Level: First
    • Dimensions: 18 x 15
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 15 x 6
    Heating
    • Central, Electric
    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

    Parking
    • Parking features: Gated, Parking Lot
    Features
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: In Ground, Community
    • Fencing: Full,Fenced
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Paved
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 30236122000
    • Zoning description: Resid Single Family
    • Special conditions: Listed As-Is

    Construction

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

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Clubhouse, Elevator, Fitness Center, Game Room, Laundry Facilities, Playground, Park, Pool, Tennis Court(s), Waterfront, Barbecue, Gated, Short Term Rental Allowed
    • Security: Gated with Guard, Gated Community
    • Subdivision: The Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Game Room, Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $398/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,195
    • Date on market: 12/2/2024
    • Cumulative days on market: 356 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/11/2025Sold$294,750-3.4%$398/sqft
    Source: CPAR #757735 Report a problem
    5/20/2025Contingent$305,000$412/sqft
    Source: CPAR #757735 Report a problem
    5/8/2025Price change$305,000-2.7%$412/sqft
    Source: CPAR #757735 Report a problem
    3/9/2025Price change$313,500-0.3%$424/sqft
    Source: CPAR #757735 Report a problem
    12/2/2024Listed for sale$314,500$425/sqft
    Source: CPAR #757735 Report a problem
    9/30/2024Listing removed$314,500$425/sqft
    Source: CPAR #757735 Report a problem
    9/18/2024Price change$314,500-1.7%$425/sqft
    Source: CPAR #757735 Report a problem
    8/1/2024Price change$319,995-5.6%$432/sqft
    Source: CPAR #757735 Report a problem
    7/12/2024Price change$338,900-4.5%$458/sqft
    Source: CPAR #757735 Report a problem
    5/30/2024Listed for sale$355,000+175.2%$480/sqft
    Source: CPAR #757735 Report a problem
    6/14/2001Sold$129,000$174/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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