5 months on rocket

8743 Thomas Dr Unit 1426, Panama City Beach, FL, 32408

$339,900

Home List Price

$4,036*

Closing Credit

1 Bedroom
2 Full Baths
740 SqFt
$459/SqFt
Condo
Schools Nearby

Location

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8743 Thomas Dr Unit 1426, Panama City Beach$339,900

Buyer Closing Credits

$4,036*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
MLS #936749
StatusActive

About 8743 Thomas Dr Unit 1426

Located, beachfront on the 14th floor, this beautifully remodeled condo in the Summit Beach Resort, which is located on the beautiful White sandy beach of the Gulf of Mexico is ready to make your summer dreams come true! This unit has been freshly painted from ceiling to trim. The master bedroom has a king size bed and private bathroom. There are two bunks in the hallway perfect for the kids. Amazing Gulf Views from kitchen, dining, or open living area. The complex is centrally located and is within walking distance to restaurants such as Hammerhead Freds, Guadalajara Mexican grill and Bricks & Barley Pizza to name a few. Pier Park with more restaurants, shopping and entertainment is only an 18 minute drive. The Summit features 2 pools(one is heated), 2 hot tubs, restaurant, tiki bar, gym, playground and tennis courts. This beautiful unit comes furnished and ready to rent or use as your home in paradise with stunning Gulf Views from your private balcony!

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1984
  • Living Area: 740 SqFt

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (850) 460-2900
  • Listing Agent: Abbott Martin Group, Zane Hodges

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Oven, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Utilities

Utilities Information:

  • Heating: Central
  • 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: From US-98 E In Panama City Beach, turn right onto Moylan Rd., turn right onto Front Beach Rd, turn left onto C R 392/Thomas Dr., Condo building will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,900
  • Price Per SqFt: $459/SqFt

HOA Fees:

  • Amount: $2200
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,006
  • 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

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

8743 Thomas Dr Unit 1426 vs Panama City Beach

166 DAYS ON ROCKET

+71 Days

$339,900

-$140K Less

$459/SqFt

+$106 More

KEY TAKEAWAY

This property is $140K less than the Median Sold Price and $106/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: Emerald Coast Association of REALTORS®
  • MLS Number: #936749

Listing Office:

  • Office Name: EXP Realty LLC
  • Office Phone: (850) 460-2900
  • Listing Agent: Abbott Martin Group, Zane Hodges

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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, 10:20:23 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

Aug 02, 2021Home Sold
$320,000
Aug 08, 2017Home Sold
$170,000
Feb 14, 2017Home Sold
$149,000
Feb 11, 2004Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,006$164,900
2018$1,709$133,450
2017$1,500$129,625

History based on county public records data.

Payment Calculator

$2,497

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,086

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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-3959601
6
/10
  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.90 miles

  • Public District Grades PK-8

High School

school-card-donut-3959602
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. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Residents typically live in single, no kids family. 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 1426

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 1426 property is $339,900.

What type of property is this?

The property 8743 Thomas Dr Unit 1426 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 1426 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 1426 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 $2,006 (source: MLS/based on county public records data).

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

The last sale was on August 2, 2021 for $320,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 1426 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 1426 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 1426 is 1984.

Rocket HomesFloridaBay CountyPanama City Beach324088743 Thomas Dr Unit 1426

This home is located at 8743 Thomas Dr Unit 1426 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 November 16, 2023 and is currently priced at $339,900.

In March 2024 more than 7 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 22 listings were sold at asking price, while more than 85 were sold below. The number of homes for sale in Panama City Beach, FL increased by 9.3% between February 2024 and March 2024. In March 2024 median list price was $479,991 and the average listing age was 95 days.

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

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