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Sold for $269,099
  • $269,099

    8743 Thomas Dr Unit 722, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $273,000 Zestimate®
    $364/sqft
    $1,634 Estimated rent

    Home value

    $273,000

    $246,000 - $300,000

    $1,634/mo

    Zestimate® history
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    $1,746/mo

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    What's special

    Investor Alert! This 7th-floor Gulf-front condo at The Summit is the lowest-priced unit listed in the past year—offering an unbeatable opportunity to own a piece of Panama City Beach with strong rental potential. This 1-bedroom + bunk, 2-bath condo is ideally situated to capture breathtaking views of emerald waters and white sand beaches, making it a sought-after destination for vacationers. The Summit is a gated, amenity-rich resort featuring two beachfront pools (one seasonally heated), two hot tubs, a sauna, two kiddie pools, fitness center, game room, shuffleboard, and lighted pickleball courts. On-site amenities also include an ice cream shop, gift shop, convenience store, and the ever-popular Bikini Bob's Grill & Bar. This unit is turnkey and professionally managed by Azure-Properties, giving investors a hands-off rental-ready option in one of Florida's hottest markets. All information deemed reliable but not guaranteed. Buyers should verify if important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carla D Singleton 931-797-3884,

    Ohana Real Estate Services

    Bought with:

    Sandi Smith

    Dalton Wade Inc

    Source: CPAR,MLS#: 773312MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Kitchen, Living Room, Primary Bathroom
    Primary bathroom
    • Level: First
    • Dimensions: 15 x 11
    Kitchen
    • Level: First
    • Dimensions: 9 x 7
    Living room
    • Level: First
    • Dimensions: 17 x 15
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Features
    • Pool features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf
    Details
    • Parcel number: 30236200000

    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

    Community & HOA

    Community
    • Features: Basketball Court, Elevator, Fitness Center, Game Room, Gated, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
    • Subdivision: The Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Game Room, Barbecue, Picnic Area, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $364/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,948
    • Date on market: 5/11/2025
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    5/29/2025Sold$269,099+7.7%$364/sqft
    Source: CPAR #773312 Report a problem
    5/15/2025Pending sale$249,900$338/sqft
    Source: CPAR #773312 Report a problem
    5/11/2025Listed for sale$249,900+35.1%$338/sqft
    Source: CPAR #773312 Report a problem
    10/1/2003Sold$185,000$250/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,948 +6.3%$307,700 +7.1%
    2023$3,712 +42.1%$287,215 +61.7%
    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 +6.1%
    2016$1,500 +2.9%$122,230 +1.3%
    2015$1,458 $120,700 +20.6%
    2014$1,458 $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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    $273,000
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    With Zillow Showcase(estimated)
    $278,460