2 months on rocket

8743 Thomas Dr Unit 1023, Panama City Beach, FL, 32408

$350,000

Home List Price

$4,156*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$473/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

8743 Thomas Dr Unit 1023, Panama City Beach$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingGated, Open, Paved, Parking Lot, RV Access/Parking
Year Built1984
HeatingCentral, Electric
CoolingCentral Air
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
MLS #753416
StatusActive

About 8743 Thomas Dr Unit 1023

Right on the Beach such beautiful views from your living room and balcony. The Summit offers 2 gulf front pools, one heated seasonal, three hot tubs, one inside, kiddie pool, gym, outdoor picnic areas with grills, a tiki bar, Bikini Bobs Restaurant serving food poolside, a market for most everything you need including ice cream. You are close to everything.; Entertainment, dining, sports, golfing, shopping and water activities. You can be as busy as you want, or just relax and watch the waves and the sugar sand beach. This unit has a huge 1 bedroom, 1.5 bath and bunkbeds in the hallway, and a pull-out couch. FULLY FURNISHED, All new appliances, it's amazing income producing at over $40,000. 24-hr gated security, On Site Laundry. Easy to show.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: North Florida Real Estate Services, LLC

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Range Hood
  • Flooring Type: Laminate, Tile
  • Interior: Breakfast Bar, Elevator, Window Treatments

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Balcony, Hot Tub/Spa, Outdoor Grill, Outdoor Shower, Pool

Parking Information:

  • Parking: Gated, Open, Paved, Parking Lot, RV Access/Parking

Lot Features

Lot Information:

  • Lot: Landscaped, Waterfront

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

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 Ave, Right on Thomas Dr, The Summit is on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $473/SqFt

HOA Fees:

  • Amount: $2173
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,980
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Panama City Beach, FL

City

Med. Sold Price

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

8743 Thomas Dr Unit 1023 vs Panama City Beach

61 DAYS ON ROCKET

-34 Days

$350,000

-$129.9K Less

$473/SqFt

+$120 More

KEY TAKEAWAY

This property is $129.9K less than the Median Sold Price and $120/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: #753416

Listing Office:

  • Office Name: North Florida Real Estate Services, LLC

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: 4/30/2024, 1:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 07, 2004Home Sold
$235,000

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

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-3729642
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.90 miles

  • Public District Grades PK-8

High School

school-card-donut-3729643
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. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8743 Thomas Dr Unit 1023

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 1023 property is $350,000.

What type of property is this?

The property 8743 Thomas Dr Unit 1023 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 1023 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 1023 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 June 7, 2004 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 1023 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 1023 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 1023 is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›8743 Thomas Dr Unit 1023

This home is located at 8743 Thomas Dr Unit 1023 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 February 28, 2024 and is currently priced at $350,000.

Panama City Beach, FL housing market in March 2024 saw over 7 listings sold above listed price, more than 22 sold at listed price and over 85 sold below. In March 2024 in Panama City Beach, FL there were 9.3% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $479,991, while the average time on the real estate market was 95 days.

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

More Resources