UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS.
GREAT VIEWS OF THE GULF from the 6th floor.
Gulf-Front Living at The Summit - Prime Panama City Beach Location.
Tremendous rental income! This condo is one of the highest rental income condos in Summit.
Located in the highly desirable, gated community of The Summit Condominium, this Gulf-front condo offers the perfect blend of comfort, convenience, and resort-style amenities.
Ideally situated near St. Andrews State Park, marinas, dining, shopping, and local entertainment, this central location makes it an excellent choice for both personal use and investment.
Community Highlights:
Direct beach access to sugar-white sands
Poolside Tiki Bar overlooking the Gulf
2 large swimming pools (one seasonally heated)
2 kiddie pools
2 outdoor hot tubs + 1 indoor hot tub
Dry saunas
On-site market & Bikini Bob's grill
Fitness center
Shuffleboard, tennis & pickleball courts
Unwind on your private balcony and take in stunning Gulf views, soft white sand beaches, and unforgettable sunset skies--your perfect coastal escape.
Pending
$284,000
8743 Thomas Dr Unit 622, Panama City Beach, FL 32408
1beds
740sqft
Condominium
Built in 1984
-- sqft lot
$263,200 Zestimate®
$384/sqft
$724/mo HOA
What's special
Private balconyGulf-front condoStunning gulf viewsDry saunasUnforgettable sunset skiesSoft white sand beaches
- 131 days
- 371
- 15
Zillow last checked:
Listing updated:
Listed by:
Mike S Herring 850-321-0917,
Keller Williams Realty Emerald
Source: CPAR,MLS#: 788652
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: Living Room, Primary Bedroom, Other
Primary bedroom
- Description: All measurements are approximate , Buyer to verify.
- 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 Water Heater
Features
- Main Level Primary, Shower Only
Interior area
- Total structure area: 740
- Total interior livable area: 740 sqft
Property
Parking
- Parking features: Additional Parking, Gated
Features
- Patio & porch: Balcony
- Exterior features: Barbecue
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Lot
- Features: Paved
Details
- Parcel number: 30236168000
- Zoning description: Resid Multi-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
- Concrete, Stucco
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Beach, Conference/Meeting Room, Elevator, Laundry Facilities, Playground, Park, Pool, Tennis Court(s), Waterfront, Barbecue, Community Pool, Gated, Short Term Rental Allowed
- Security: Gated with Guard, Gated Community, Security Gate
- Subdivision: The Summit
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Picnic Area
- Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Legal/Accounting, Maintenance Grounds, Pest Control, Playground, Pool(s), Trash, Water
- HOA fee: $2,173 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $384/sqft
- Tax assessed value: $307,700
- Annual tax amount: $3,357
- Date on market: 4/21/2026
- Cumulative days on market: 132 days
Estimated market value
$263,200
$250,000 - $276,000
$1,634/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/20/2026 | Pending sale | $284,000$384/sqft |
Source:  CPAR #788652 Report a problem | ||
| 4/21/2026 | Listed for sale | $284,000-4.3%$384/sqft |
Source: CPAR #788652 Report a problem | ||
| 10/9/2025 | Listing removed | $296,900$401/sqft |
Source: CPAR #763696 Report a problem | ||
| 6/4/2025 | Price change | $296,900-3.9%$401/sqft |
Source: CPAR #763696 Report a problem | ||
| 10/10/2024 | Listed for sale | $309,000+288.2%$418/sqft |
Source: CPAR #763696 Report a problem | ||
| 1/6/2003 | Sold | $79,600$108/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
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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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