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Sold for $273,500
  • $273,500

    8743 Thomas Dr Unit 823, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $271,700 Zestimate®
    $370/sqft
    $1,458 Estimated rent

    Home value

    $271,700

    $247,000 - $296,000

    $1,458/mo

    Zestimate® history
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    What's special

    GREAT VIEWS OF THE GULF from the 8th 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

    Zillow last checked:

    Listing updated:

    Listed by:

    Mike S Herring 850-321-0917,

    Keller Williams Realty Emerald

    Bought with:

    Non Member

    NON-MEMBER OFFICE

    Source: CPAR,MLS#: 788651MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Dining Room, Kitchen, Living Room, Primary Bedroom, Other
    Primary bedroom
    • Description: All measurements are approximate , Buyer to verify.
    • Level: First
    • Dimensions: 14 x 10.1
    Other
    • Level: First
    • Dimensions: 6.1 x 3.8
    Dining room
    • Level: First
    • Dimensions: 15.5 x 6.2
    Kitchen
    • Level: First
    • Dimensions: 7.2 x 6.2
    Living room
    • Level: First
    • Dimensions: 15.5 x 7.8
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 15 x 6
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Cooktop, Electric Water Heater
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand, Shoreline - Natural
    Lot
    • Features: Paved
    Details
    • Additional structures: Tennis Court(s)
    • Parcel number: 30236233000
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    Condition
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Barbecue, Basketball Court, Beach, Elevator, Playground, Park, Pool, Community Pool, Gated, Short Term Rental Allowed
    • Security: Security Gate, Gated Community, Smoke Detector(s)
    • Subdivision: The Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gated, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $370/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,429
    • Date on market: 4/21/2026
    • Cumulative days on market: 4 days

    Price history

    DateEventPrice
    5/8/2026Sold$273,500-3.7%$370/sqft
    Source: CPAR #788651 Report a problem
    4/25/2026Pending sale$284,000$384/sqft
    Source: CPAR #788651 Report a problem
    4/21/2026Listed for sale$284,000-4.5%$384/sqft
    Source: CPAR #788651 Report a problem
    10/10/2025Listing removed$297,500$402/sqft
    Source: CPAR #763694 Report a problem
    6/4/2025Price change$297,500-4%$402/sqft
    Source: CPAR #763694 Report a problem
    10/10/2024Listed for sale$309,900+289.3%$419/sqft
    Source: CPAR #763694 Report a problem
    1/6/2003Sold$79,600$108/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$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

    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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    $277,134