9 months on rocket

8743 Thomas Dr Unit 916, Panama City Beach, FL, 32408

$339,500

Home List Price

$4,032*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$459/SqFt
Condo
Schools Nearby

Location

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8743 Thomas Dr Unit 916, Panama City Beach$339,500

Buyer Closing Credits

$4,032*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingElectric Gate, Gated, Parking Lot
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric, Heat Pump
WaterfrontGulf
ViewGulf
MLS #744530
StatusActive

About 8743 Thomas Dr Unit 916

Welcome to The Summit Unit 916, a vibrant Gulf Front Condo that captures the essence of beach living. Step into a coastal oasis adorned with a lively Sea Life Mural complemented by Bead Board and Chair Rail detailing.This spacious condo boasts a generously sized bedroom, adaptable to your preferences - whether it's two queen beds or a luxurious king bed paired with a convenient small Daybed. Venture down the hallway to discover built-in bunk beds equipped with electrical outlets, perfect for your TVs, devices, and more.The bathrooms exude modern elegance with updated vanities, Quartz countertops, and contemporary fixtures. Convenience meets practicality with in-unit washer/dryer hook-ups. The kitchen is a culinary haven featuring updated appliances, newer base cabinets with Quartz countertops, and a sizable deep sink with disposal.Rest easy knowing that the HVAC system has been meticulously maintained, and the water heater was recently replaced in 2021. The Summit Unit 916 is not just a home; it's a rental machine, making it a highly sought-after choice for both the young and the young at heart. Embrace the coastal lifestyle and make this condominium your ideal retreat by the sea.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Jim Free Realty LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Flooring Type: Tile
  • Interior: 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: Electric Gate, Gated, Parking Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump

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 Hathaway Bridge heading west, turn left on Joan Ave, turn right on Thomas Drive, Building on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,500
  • Price Per SqFt: $459/SqFt

HOA Fees:

  • Amount: $1920
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,032
  • 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 916 vs Panama City Beach

283 DAYS ON ROCKET

+200 Days

$339,500

-$137.8K Less

$459/SqFt

+$108 More

KEY TAKEAWAY

This property is $137.8K less than the Median Sold Price and $108/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: #744530

Listing Office:

  • Office Name: Jim Free Realty 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: 5/10/2024, 3:20:36 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 10, 2017Home Sold
$165,000
Jan 30, 2015Home Sold
$151,000
Jul 14, 2008Home Sold
$178,000
Jun 21, 2006Home Sold
$220,000
Jun 07, 2002Home Sold
$133,500
Apr 04, 2001Home Sold
$123,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,032$164,900
2018$1,709$133,450
2017$1,500$129,625

History based on county public records data.

Payment Calculator

$2,402

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,084

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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-9879353
6
/10

  • Breakfast Point Academy

  • 601 North Richard Jackson Blvd

  • 1.90 miles

  • Public District Grades PK-8

High School

school-card-donut-9879354
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. Typical family type 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 916

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 916 property is $339,500.

What type of property is this?

The property 8743 Thomas Dr Unit 916 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 916 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 916 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 $2,032 (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 10, 2017 for $165,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 916 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 916 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 916 is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›8743 Thomas Dr Unit 916

This home is located at 8743 Thomas Dr Unit 916 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 August 01, 2023 and is currently priced at $339,500.

In April 2024 more than 9 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 16 listings were sold at asking price, while more than 135 were sold below. The number of homes for sale 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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