Sold for $312,000

$312,000

8743 Thomas Dr Unit 924, Panama City Beach, FL 32408

1beds

740sqft

Condominium

Built in 1984

-- sqft lot

$300,500 Zestimate^®

$422/sqft

$1,634 Estimated rent

Home value

$300,500

$276,000 - $328,000

$1,634/mo

Zestimate^® history

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$1,634/mo

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$2,024/mo

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$2,024/mo

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What's special

Private balconyStunning sunset viewsHallway bunksFully equipped kitchenNew lvp flooringPolywood patio furnitureStainless steel appliances

One of the lowest-priced condos in The Summit with a motivated seller ready for quick closing! This fully furnished 1-bedroom, 1.5-bath Gulf-front condo is a rental powerhouse and has been meticulously maintained with thoughtful upgrades throughout. Enjoy stunning sunset views from the private balcony and a layout that includes hallway bunks, a fully equipped kitchen, and recent updates like new LVP flooring (March 2025), stainless steel appliances (Jan 2022), new washer/dryer (April 2025), A/C replacement (Nov 2021), updated bedroom furniture (March 2021), Polywood patio furniture (Oct 2023), and a new TV, coffee table, and end table (April 2025). The Summit offers unbeatable amenities including beachfront pools, hot tubs, a fitness center, sauna, tennis and pickleball courts, a Tiki Bar & Grill, and deeded beach access. Located near St. Andrews State Park, marinas, restaurants, and shopping. This condo is the perfect investment, vacation home, or beachfront retreat.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Bedroom

Level: First
Area: 165 Square Feet
Dimensions: 15 x 11

Other

Level: First
Area: 90 Square Feet
Dimensions: 15 x 6

Kitchen

Level: First
Area: 63 Square Feet
Dimensions: 9 x 7

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave, Washer

Features

Breakfast Bar, Hallway Bunk Beds, Owner's Closet
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, Shore - Beach

Details

Parcel number: 30236266000

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Condition

Construction Complete
New construction: No
Year built: 1984

Utilities & green energy

Water: Public

Community & HOA

Community

Features: BBQ Pit/Grill, Community Room, Deed Access, Dumpster, Elevators, Fitness Center, Game Room, Gated, Picnic Area, Playground, Pool, TV Cable, Tennis Court(s), Waterfront, Short Term Rental - Allowed
Subdivision: THE SUMMIT

HOA

Has HOA: Yes
Services included: Advertising, Insurance, Legal, Sewer, Cable TV, Trash, Water

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $422/sqft
Tax assessed value: $307,700
Annual tax amount: $3,515
Date on market: 6/20/2025

Price history

Date	Event	Price
11/12/2025	Sold	$312,000-5.5%$422/sqft
Source: ECAOR #979261 Report a problem
11/7/2025	Pending sale	$330,000$446/sqft
Source: CPAR #775764 Report a problem
11/7/2025	Listed for sale	$330,000$446/sqft
Source: CPAR #775764 Report a problem
9/23/2025	Pending sale	$330,000$446/sqft
Source: ECAOR #979261 Report a problem
6/20/2025	Listed for sale	$330,000+50%$446/sqft
Source: ECAOR #979261 Report a problem
7/21/2020	Sold	$220,000-2.2%$297/sqft
Source: CPAR #687604 Report a problem
8/23/2019	Listed for sale	$225,000+66.7%$304/sqft
Source: Pineapple Properties #687604 Report a problem
6/12/2015	Sold	$135,000-12.3%$182/sqft
Source: CPAR #632023 Report a problem
5/28/2015	Pending sale	$154,000$208/sqft
Source: Counts Real Estate Group Inc #632023 Report a problem
5/14/2015	Listed for sale	$154,000+18.5%$208/sqft
Source: Counts Real Estate Group Inc #632023 Report a problem
8/16/2013	Sold	$130,000-3.6%$176/sqft
Source: Public Record Report a problem
8/8/2013	Listed for sale	$134,800-16.8%$182/sqft
Source: Top Producers Real Estate Center #611573 Report a problem
7/21/2003	Sold	$162,000+20.9%$219/sqft
Source: Public Record Report a problem
3/29/2001	Sold	$134,000$181/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,515 +7.4%	$230,399 +10%
2023	$3,274 +22.5%	$209,454 +10%
2022	$2,672	$190,413
2021	--	--
2020	$2,032 +14.7%	$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 +6.3%	$122,230 +9.9%
2015	$1,412	$111,265 +10%
2014	$1,412	$101,150 +11.2%
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