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Sold for $362,500
  • $362,500

    8743 Thomas Dr Unit 922, Panama City Beach, FL 32408

    1beds
    740sqft
    Condominium
    Built in 1984
    -- sqft lot
    $321,600 Zestimate®
    $490/sqft
    $1,634 Estimated rent

    Home value

    $321,600

    $296,000 - $351,000

    $1,634/mo

    Zestimate® history
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    What's special

    Poolside tiki barLarge open parking lotBeach volleyballConvenience storeStylish furnitureStunning viewsLarge pool deck area
    **NEW PRICE & STUNNING GULF VIEWS** Welcome to your dream beachfront getaway at The Summit Condominium Resort in Panama City Beach, Florida! This stunning 9th-floor investment property offers a breathtaking Gulf view that will leave you in awe. With 1 bedroom, 1.5 bathrooms, and convenient hallway bunks, this unit comfortably accommodates up to 6 guests & averages $35k in annual rental income. Imagine sipping your morning coffee or enjoying a relaxing cocktail while gazing at the mesmerizing turquoise waters of the Emerald Coast. The view from your private balcony is nothing short of spectacular, making every moment a cherished memory. This condo is sold fully furnished and was remodeled in 2022. The renovations include all-new kitchen cabinets, granite countertops, state-of-the-art appliance, updated bathroom with a modern shower, new flooring, stylish furniture, and a fresh coat of paint. Everything has been thoughtfully designed to create a welcoming and elegant atmosphere, ensuring you & guests have a comfortable and enjoyable stay. Not only is this condo a fantastic vacation retreat, but it's also a great investment opportunity as a Vacation Rental. It's plug-and-play, ready for you to start earning income while enjoying the beauty of the Gulf. The Summit Condominium Resort is known for its exceptional amenities, and this unit is no exception. The Summit Condominium Resort is located right on the pristine sugar sand beaches of the Gulf of Mexico, which are renowned as one of the most beautiful beach destinations in the world. Whether you're a beach lover, a watersports enthusiast, or simply seeking relaxation, this location offers it all. Don't miss the chance to own this piece of paradise. With its stunning views, recent renovations, and prime location, this condo is a rare find. Contact us today to schedule a viewing and make your beachfront dreams a reality. Your personal oasis awaits you at The Summit Condominium Resort in Panama City Beach, Florida. Enjoy gorgeous views and top-rated resort amenities that include: All Beachfront Units, 2 large main pools, 2 children's pools, 2 large outdoor hot tubs, 1 large indoor hot tub, Sauna Steam Rooms, Lighted Tennis Courts, Shuffleboard Court, Beach Services, Water Sports Center, Children's beach playground, Bikini Bob's Restaurant, Poolside Tiki Bar, Convenience Store, Snack Bar, Fitness Center, Coin Operated Laundry, Free Wi-Fi, Charcoal BBQ Grills, Arcade Game Room, Vending Machines, Beach Volleyball, Large Open Parking Lot, Large Pool Deck Area, 24 hour security patrol! **All dimensions and information to be verified by buyer.

    Zillow last checked:

    Listing updated:

    Listed by:

    Veronica K Johnson 850-687-6890,

    LPT Realty LLC

    Bought with:

    Outside Selling Member

    Source: ECAOR,MLS#: 935076MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 169.5 Square Feet
    • Dimensions: 15 x 11.3
    Kitchen
    • Level: First
    • Area: 82.5 Square Feet
    • Dimensions: 11 x 7.5
    Living room
    • Level: First
    • Area: 190.5 Square Feet
    • Dimensions: 15 x 12.7
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Washer, Electric Water Heater
    • Laundry: Common Area, Washer/Dryer Hookup
    Features
    • Breakfast Bar, Hallway Bunk Beds, Kitchen Island, Newly Painted, Pantry
    • Flooring: Vinyl
    • Windows: Window Treatments
    • Furnished: Yes
    Interior area
    • Total structure area: 740
    • Total interior livable area: 740 sqft

    Property

    Features
    • Exterior features: Balcony
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Waterfront
    Details
    • Parcel number: 30236264000

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco
    Condition
    • Construction Complete,Renovated
    • New construction: No
    • Year built: 1984

    Utilities & green energy

    • Water: Public

    Community & HOA

    Community
    • Features: BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Fitness Center, Game Room, Gated, Picnic Area, Pool, Sauna/Steam Room, TV Cable, Tennis Court(s), Waterfront, Whirlpool, Short Term Rental - Allowed
    • Security: Smoke Detector(s)
    • Subdivision: SUMMIT CONDOMINIUM, THE
    HOA
    • Has HOA: Yes
    • Services included: Advertising, Maintenance Grounds, Insurance, Management, Sewer, Trash, Water, Internet
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $490/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,513
    • Date on market: 10/21/2023

    Price history

    DateEventPrice
    1/24/2024Sold$362,500-5.6%$490/sqft
    Source: ECAOR #935076 Report a problem
    1/17/2024Pending sale$384,000$519/sqft
    Source: ECAOR #935076 Report a problem
    11/30/2023Price change$384,000-1.3%$519/sqft
    Source: ECAOR #935076 Report a problem
    10/21/2023Listed for sale$389,000-2.5%$526/sqft
    Source: ECAOR #935076 Report a problem
    5/5/2023Listing removed--
    Source: CPAR #737622 Report a problem
    3/8/2023Price change$399,000-1.5%$539/sqft
    Source: ECAOR #911413 Report a problem
    2/25/2023Price change$405,000-1.2%$547/sqft
    Source: ECAOR #911413 Report a problem
    12/6/2022Price change$410,000-1.2%$554/sqft
    Source: ECAOR #911413 Report a problem
    11/4/2022Listed for sale$415,000+43.1%$561/sqft
    Source: ECAOR #911413 Report a problem
    9/3/2021Sold$290,000+2.1%$392/sqft
    Source: CPAR #714849 Report a problem
    8/22/2021Pending sale$284,000$384/sqft
    Source: CPAR #714849 Report a problem
    7/31/2021Contingent$284,000$384/sqft
    Source: CPAR #714849 Report a problem
    7/29/2021Listed for sale$284,000$384/sqft
    Source: CPAR #714849 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,895 +7.5%$298,265 +10%
    2023$3,622 +23.4%$271,150 +10%
    2022$2,935 $246,500
    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: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $321,600
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    $328,032