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Sold for $440,000
  • $440,000

    8743 Thomas Dr Unit 632, Panama City Beach, FL 32408

    2beds
    985sqft
    Condominium
    Built in 1984
    -- sqft lot
    $397,400 Zestimate®
    $447/sqft
    $1,922 Estimated rent

    Home value

    $397,400

    $366,000 - $429,000

    $1,922/mo

    Zestimate® history
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    What's special

    Basketball courtsCoastal havenFitness centerPicnic areaHeated optionModern entertainment
    Gulf-front and rarely on the market, this 2-bedroom, 2-bathroom sanctuary at The Summit offers panoramic views from its coveted 6th-floor location, complete with a wrap-around balcony. Fully furnished, this coastal haven exudes comfort and style. Enjoy modern entertainment with three smart TVs. Convenience meets luxury with an in-unit washer & dryer and proximity to the elevator for quick access to the beach or a swim. The Summit boasts an array of amenities, including a sprawling pool area with three unique pools (including a heated option for cooler months), hot tubs, BBQ grills, a picnic area, fitness center, tennis, pickleball, and basketball courts, as well as a shuffleboard court. Additionally, there's an onsite restaurant and tiki bar for added convenience. Just moments away from shopping, dining, and endless entertainment options, this unit presents an unparalleled opportunity for both relaxation and adventure. Whether you're in search of an investment vacation rental or the perfect second home, seize this chance to own a slice of paradise.

    Zillow last checked:

    Listing updated:

    Listed by:

    Laura Whitney,

    Realty One Group Emerald Coast

    Bought with:

    Laura Whitney, 3316545

    Realty One Group Emerald Coast

    Source: CPAR,MLS#: 755693MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 10 x 10
    Living room
    • Level: First
    • Dimensions: 15 x 17
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Cooktop, Electric Oven, Electric Water Heater
    Interior area
    • Total structure area: 985
    • Total interior livable area: 985 sqft

    Property

    Parking
    • Parking features: Gated, Open
    • Has uncovered spaces: Yes
    Features
    • Stories: 16
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: Electric Heat, In Ground, Community, Pool
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Lot
    • Features: Paved
    Details
    • Parcel number: 30236178000
    • Zoning description: Resort
    • 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
    • Foundation: Pillar/Post/Pier
    Condition
    • Year built: 1984

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Basketball Court, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Pool, Tennis Court(s), Barbecue, Gated, Short Term Rental Allowed
    • Security: Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Gated, Barbecue
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $447/sqft
    • Tax assessed value: $394,723
    • Annual tax amount: $3,908
    • Date on market: 4/15/2024
    • Cumulative days on market: 1 day
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/26/2024Sold$440,000-2.2%$447/sqft
    Source: CPAR #755693 Report a problem
    4/22/2024Pending sale$450,000$457/sqft
    Source: CPAR #755693 Report a problem
    4/15/2024Listed for sale$450,000$457/sqft
    Source: CPAR #755693 Report a problem
    10/15/2022Listing removed--
    Source: CPAR #733243 Report a problem
    10/10/2022Listed for sale$450,000+57.9%$457/sqft
    Source: CPAR #733243 Report a problem
    7/1/2020Sold$285,000-4.7%$289/sqft
    Source: CPAR #696345 Report a problem
    4/10/2020Listed for sale$299,000+53.7%$304/sqft
    Source: Beach Time Realty, Inc #696345 Report a problem
    6/18/2003Sold$194,500$197/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,468 +9.7%$298,265 +10%
    2023$4,072 +34.6%$271,150 +10%
    2022$3,025 $246,500
    2021-- --
    2020$2,442 -1.2%$195,500 -3.2%
    2019$2,473 $201,875 +6%
    2018$2,473 +3.8%$190,425 +3%
    2017$2,381 +12.3%$184,880 +6.1%
    2016$2,120 +4.4%$174,250 +7.6%
    2015$2,030 $161,989 +10%
    2014$2,030 $147,263 +10%
    2013-- $133,875 -25.7%
    2012-- $180,200 +4.5%
    2011-- $172,375
    2010-- $172,375
    2009-- $172,375 -7.9%
    2008-- $187,224 -12.4%
    2007-- $213,824 -24.7%
    2006-- $284,001
    2005-- $284,001 +66.1%
    2004-- $171,001 +17%
    2003-- $146,101
    2002-- $146,101 +30%
    2001-- $112,400
    2000-- $112,400
    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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    $405,348