16 days on rocket

8743 Thomas Dr Unit 301, Panama City Beach, FL, 32408

$469,999

Home List Price

$5,581*

Closing Credit

2 Bedrooms
2 Full Baths
985 SqFt
$477/SqFt
Condo
Schools Nearby

Location

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8743 Thomas Dr Unit 301, Panama City Beach$469,999

Buyer Closing Credits

$5,581*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral
CoolingCentral Air
WaterfrontGulf
ViewGulf
MLS #753819
StatusActive

About 8743 Thomas Dr Unit 301

Experience luxury living in this stunning 2-bedroom, 2-bathroom lower floor corner condo at The Summit! Situated on the third floor, this unit boasts a spacious balcony with breathtaking views of the Gulf of Mexico's sugar sand beaches. The open main living area and well-appointed galley kitchen with a breakfast bar create an inviting space for both entertaining and meal preparation. Indulge in the comfort of the generously sized master suite, featuring an elegant bathroom and ample closet space. Guests will appreciate the accommodating second bedroom with convenient access to a hall bathroom. Recently renovated, this unit showcases fresh paint, a new water heater, upgraded HVAC system, and brand-new appliances, including a refrigerator and stove. The Summit offers premium amenities such as multiple pools, a serene sauna, a lively tiki bar, tennis and basketball courts, a game room, and a state-of-the-art fitness center. Unwind at Bikini Bob's bar and grill, or explore the nearby array of restaurants and shops within a short stroll. Not only does this unit promise a luxurious lifestyle, but it also presents a lucrative investment opportunity with proven rental income. Discover the convenience of residing on the quieter side of Panama City Beach while remaining close to local attractions. Don't miss out--schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 985 SqFt

Listing Office:

  • Office Name: Beach Properties Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Washer
  • Interior: Breakfast Bar, New Paint, Storage

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Outdoor Grill, Pool

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: Summit is on Thomas Drive across from Hammer Head Freds- Traveling West from Hathaway Bridge turn left on Joan Ave., and turn right onto Thomas Drive, Summit is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,999
  • Price Per SqFt: $477/SqFt

HOA Fees:

  • Amount: $2034
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,498
  • 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

$479.9K

Med. Price/SqFt

$352

Avg. Days On Market

95

# of Sold Homes

114

8743 Thomas Dr Unit 301 vs Panama City Beach

16 DAYS ON ROCKET

-79 Days

$469,999

-$9.9K Less

$477/SqFt

+$124 More

KEY TAKEAWAY

This property is $9.9K less than the Median Sold Price and $124/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: #753819

Listing Office:

  • Office Name: Beach Properties Real Estate

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: 4/29/2024, 2:25:19 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

Jul 30, 2021Home Sold
$340,000
Sep 13, 2002Home Sold
$195,000
Aug 05, 1998Home Sold
$135,000
Oct 04, 1996Home Sold
$117,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,498$195,500
2018$2,381$190,425
2017$2,120$184,880

History based on county public records data.

Payment Calculator

$3,091

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,476

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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-3160465
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.90 miles

  • Public District Grades PK-8

High School

school-card-donut-3160466
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. The majority of Panama City Beach, FL residents have income between $35k-100k annually. The most common type of family is 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 301

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 301 property is $469,999.

What type of property is this?

The property 8743 Thomas Dr Unit 301 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 301 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 301 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 $2,498 (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 30, 2021 for $340,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 301 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 301 is 985 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 301 is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›8743 Thomas Dr Unit 301

This home is located at 8743 Thomas Dr Unit 301 in Panama City Beach, FL and zip code 32408. This 985 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 12, 2024 and is currently priced at $469,999.

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. Between February 2024 and March 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 9.3%. Listings spent 95 days on the market in March 2024, and had a median list price of $479,991 during the same period.

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

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