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For sale
  • $239,000

    8817 S Thomas Dr #A516, Panama City, FL 32408

    --beds
    489sqft
    : 
    $2,109/mo
    Get pre-qualified
    Condominium
    Built in 1976
    -- sqft lot
    $226,100 Zestimate®
    $489/sqft
    $525/mo HOA

    What's special

    Direct beach accessGulf-front poolPicnic areasWell-maintained unit
    Priced to Sell! Your Panama City Beach Investment Opportunity Awaits at Top of the Gulf - Unit A516. Seller will pay the HOA dues for the remainder of 2026 with a full asking offer!! Don't miss this incredible opportunity to own Unit A516 at Top of the Gulf, one of Panama City Beach's most affordable Gulf-front communities! Whether you're searching for a vacation getaway, a proven income-producing investment, or your own beach retreat, this condo offers exceptional value at a price point that's hard to beat. This well-maintained unit boasts a proven rental history, making it an ideal turnkey investment with immediate income potential. Guests love the unbeatable location on Thomas Drive, placing you just minutes from Panama City Beach's best attractions while enjoying direct beach access and resort-style amenities. The complex features a Gulf-front pool, fitness center, game room, picnic areas, and easy access to the sugar-white sands and emerald waters that make Panama City Beach a premier vacation destination. Convenience is another major highlight. You'll be just moments from an incredible selection of shopping, restaurants, entertainment, and family attractions. Plus, the exciting new Tootsie's Orchid Lounge is just a short walk away, giving owners and guests easy access to one of the area's newest entertainment hotspots. Whether you're adding to your investment portfolio or purchasing your first beach property, Unit A516 delivers the perfect combination of affordability, rental performance, and location. At this price, opportunities like this don't stay on the market long. Schedule your private showing today and start living the beach lifestyle while your investment works for you!
    30 days
    147
    5

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Suber 850-830-3266,

    Beach Haven Realty

    Source: CPAR,MLS#: 793482MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Studio
      Other
      • Level: First
      • Dimensions: 25 x 20
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Water Heater
      Features
      • Doors: Storm Door(s)
      • Windows: Storm Window(s)
      Interior area
      • Total structure area: 489
      • Total interior livable area: 489 sqft

      Property

      Parking
      • Parking features: Additional Parking, Parking Lot
      Features
      • Pool features: Community
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf, Shoreline - Sand
      Details
      • Parcel number: 34994216000
      • Zoning description: Resid Multi-Family, Resort
      • Special conditions: Listed As-Is

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1976

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected

      Community & HOA

      Community
      • Features: Barbecue, Beach, Clubhouse, Game Room, Pool, Waterfront, Community Pool, Short Term Rental Allowed
      • Subdivision: Top Of The Gulf Condo.
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Game Room, Barbecue
      • Services included: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water
      • HOA fee: $525 monthly
      Location
      • Region: Panama City

      Financial & listing details

      • Price per square foot: $489/sqft
      • Date on market: 8/3/2026

        Estimated market value

        $226,100

        $215,000 - $237,000

        $1,395/mo

        Price history

        DateEventPrice
        8/3/2026Listed for sale$239,000-11.5%$489/sqft
        Source: CPAR #793482 Report a problem
        1/3/2023Listing removed--
        Source: CPAR #732861 Report a problem
        12/29/2022Price change$269,999+3.8%$552/sqft
        Source: CPAR #732861 Report a problem
        11/3/2022Price change$259,999-3.7%$532/sqft
        Source: CPAR #732861 Report a problem
        9/30/2022Listed for sale$269,999+203.4%$552/sqft
        Source: CPAR #732861 Report a problem
        2/5/2018Sold$89,000$182/sqft
        Source: CPAR #662625 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32408

        Getting around

        38 / 100
        Car-Dependent
        22 / 100
        Minimal Transit
        43 / 100
        Somewhat Bikeable

        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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