4 months on rocket

8743 Thomas Dr Unit 906, Panama City Beach, FL, 32408

$345,000

Home List Price

$4,097*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$466/SqFt
Condo
Schools Nearby

Location

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8743 Thomas Dr Unit 906, Panama City Beach$345,000

Buyer Closing Credits

$4,097*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, RV Access/Parking
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #750932
StatusActive

About 8743 Thomas Dr Unit 906

Great views from this 9th floor unit at The Summit that can easily generate $36k in rental income! Owners used it as their primary residence and recently had the interior painted and bathroom renovated with a brand-new shower/tub combo. This unit has been well cared for and has additional closets for plenty of storage and a brand-new water heater. Unit will convey fully furnished and rental ready with a 2-in-1 Washer & Dryer combo. Enjoy the views of the white sugary sand of Panama City Beach, Florida from this one bedroom, two bathrooms, plus bunks at The Summit. The Summit is a gated community with 2 beachfront pools, being one heated seasonally, 2-poolside hot tubs and one indoor, sauna, 2-kids pool, exercise room, game room, shuffleboard, lighted pickle ball courts. The complex also offers an ice cream shop, gift shop, convenience store and everyone's favorite, poolside Bikini Bob Grill & Bar. All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 740 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Oven, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Recessed Lighting, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Parking Lot, RV Access/Parking

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Breakfast Point Academy, Public District Grades PK-8

Other

Directions Information:

  • Directions: South on Joan Av, turn right into Thomas Drive, The Summit will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $345,000
  • Price Per SqFt: $466/SqFt

HOA Fees:

  • Amount: $1920
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,980
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$477.3K

Med. Price/SqFt

$350

Avg. Days On Market

83

# of Sold Homes

160

8743 Thomas Dr Unit 906 vs Panama City Beach

132 DAYS ON ROCKET

+49 Days

$345,000

-$132.3K Less

$466/SqFt

+$115 More

KEY TAKEAWAY

This property is $132.3K less than the Median Sold Price and $115/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #750932

Listing Office:

  • Office Name: Coldwell Banker Realty

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/16/2024, 7:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2020Home Sold
$200,000
Sep 22, 2016Home Sold
$155,000
Feb 27, 2012Home Sold
$103,000
Apr 28, 2005Home Sold
$300,000
Apr 28, 2004Home Sold
$225,000
Jun 25, 2002Home Sold
$134,500
Mar 12, 2002Home Sold
$125,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,980$164,900
2018$1,709$133,450
2017$1,500$129,625

History based on county public records data.

Payment Calculator

$2,429

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,101

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2145563
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.90 miles

  • Public District Grades PK-8

High School

school-card-donut-2145564
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.73 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. Most Panama City Beach, FL residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8743 Thomas Dr Unit 906

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 906 property is $345,000.

What type of property is this?

The property 8743 Thomas Dr Unit 906 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 906 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8743 Thomas Dr Unit 906 are:
Breakfast Point Academy: GreatSchools Rating 6/10
J.R. Arnold High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,980 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 12, 2020 for $200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 906 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 906 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 906 is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›8743 Thomas Dr Unit 906

This home is located at 8743 Thomas Dr Unit 906 in Panama City Beach, FL and zip code 32408. This 740 square foot home was built in 1984. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since January 04, 2024 and is currently priced at $345,000.

Panama City Beach, FL housing market in April 2024 saw over 9 listings sold above listed price, more than 16 sold at listed price and over 135 sold below. In April 2024 in Panama City Beach, FL there were 4.6% more homes for sale than in March 2024. While the average time on the market in April 2024 was 83 days, the median list price was $477,347.

From Rocket Homes Real Estate and based on county public records data.

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