4 months on rocket

8743 Thomas Dr Unit 102, Panama City Beach, FL, 32408

$365,000

Home List Price

$4,334*

Closing Credit

1 Bedroom
2 Full Baths
740 SqFt
$493/SqFt
Condo
Schools Nearby

Location

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8743 Thomas Dr Unit 102, Panama City Beach$365,000

Buyer Closing Credits

$4,334*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Gated, Paved, Parking Lot
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #749964
StatusActive

About 8743 Thomas Dr Unit 102

GROUND FLOOR 1 Bedroom/2 Full Bath. The Summit is a desirable beachfront condominium property with a long history of exceptional rental income. This convenient ground floor unit offers 1-bedroom ensuite with a king size bed, plus hallway bunk beds and a rare second full bathroom. The kitchen has updated cabinetry and appliances, including a washer and dryer. This freshly painted and well-maintained condo comes fully furnished and rental ready. The new sliding glass door to terrace offers direct access to pool deck and beach. The resort offers an abundance of amenities, including 2 large pools, 2 kiddie pools, 2 outdoor hot tubs, 1 indoor hot tub, dry saunas, fitness center, shuffleboard courts, tennis/pickleball courts, Bar-b-que grills & picnic areas, poolside tiki bar and Bikini Bob's restaurant. This beachfront condominium is across the street from numerous amusement rides and restaurants and close to shopping and sports complexes. All information is approximate and should be verified by buyers if important.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Top Producers Real Estate Ctr

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Sprinkler/Irrigation

Parking Information:

  • Parking: Additional Parking, Gated, Paved, Parking Lot

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: 8743 Thomas Drive. Heading west on Thomas Drive the 15 story complex will be on your left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $365,000
  • Price Per SqFt: $493/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.

Med. Sold Price

$477.3K

Med. Price/SqFt

$350

Avg. Days On Market

83

# of Sold Homes

160

8743 Thomas Dr Unit 102 vs Panama City Beach

136 DAYS ON ROCKET

+53 Days

$365,000

-$112.3K Less

$493/SqFt

+$142 More

KEY TAKEAWAY

This property is $112.3K less than the Median Sold Price and $142/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: #749964

Listing Office:

  • Office Name: Top Producers Real Estate Ctr

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: 5/4/2024, 9:20:36 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

Jul 27, 2009Home Sold
$140,000
May 12, 2005Home Sold
$317,500
Dec 17, 2002Home Sold
$146,000

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

$2,529

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,161

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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-5849404
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.90 miles

  • Public District Grades PK-8

High School

school-card-donut-5849405
5
/10
  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 2.73 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. Typical income of Panama City Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8743 Thomas Dr Unit 102

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 102 property is $365,000.

What type of property is this?

The property 8743 Thomas Dr Unit 102 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 102 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 102 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 July 27, 2009 for $140,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 102 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 102 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 102 is 1984.

Rocket HomesFloridaBay CountyPanama City Beach324088743 Thomas Dr Unit 102

This home is located at 8743 Thomas Dr Unit 102 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 December 19, 2023 and is currently priced at $365,000.

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. The number of listings in Panama City Beach, FL increased by 4.6% between March 2024 and April 2024. In April 2024 median list price was $477,347 and the average listing age was 83 days.

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

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