NOT LISTED FOR SALE

The Summit Beach Resort Condominium 8743 S Thomas 1128 Dr Unit 1128 Panama City Beach, FL 32408

Estimated Value: $295,000 - $339,000

1 Bed
1.5 Baths
740 Sq Ft
$466/mo HOA Fee

Last Sold April 26, 2022

Last sale price $351,000 $474 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,494/month

Highlights

  • Property fronts gulf or ocean
  • Furnished
  • Balcony
  • J.R. Arnold High School Rated A-
  • Community Pool
  • Accessible Approach with Ramp

About This Home

As of April 2022

Excellent opportunity to buy good unit with established rental history for business, personal use or both. ( Property management company is on standby) Located at the beachfront Summit Resort on upper floor with spectacular views ; you'll be just steps from the sugar-white sandy beach and a quick walk from dining and shopping options.

Last Agent to Sell the Property

Vladimir Tamarovych

Prok Invest LLC License #3082613 Listed on: 03/12/2022

Last Buyer's Agent

Crystal Duncan

Regal Properties Of Nw Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1984

Lot Details

  • 392

HOA Fees

  • $466 Monthly HOA Fees

Interior Spaces

  • 740 Sq Ft Home
  • Furnished
  • Family Room
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Accessible Home Design

  • Accessible Hallway
  • Accessible Approach with Ramp

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Electric Water Heater

Additional Features

  • Balcony

Community Details

Overview

  • High-Rise Condominium
  • Summit Subdivision
  • 16-Story Property

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,712

Year Built

Built in 1984

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Property Type: Residential
  • Accessibility Features: Accessible Approach with Ramp, Accessible Hallway(s)
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Subdivision Name: Summit
  • Architectural Style: High Rise
  • Entry Level: 10
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Water Heater, Disposal, Microwave
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 740.0
  • Dining Room Type: Bedroom, Family Room, Primary Bedroom
  • Stories: 16
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Available
  • Cooling: Central Air, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1398.0
  • Community Features: Pool, Short Term Rental Allowed
  • Senior Community: No
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2022
Closed on
Apr 25, 2022
Sold by
Inge Perry
Bought by
Hill Edward Kyle and Hill Kristin K
Seller's Agent
Vladimir Tamarovych
Prok Invest LLC
Buyer's Agent
Crystal Duncan
Regal Properties Of Nw Florida
List Price
$350,000
Sold Price
$351,000
Premium/Discount to List
$1,000
0.29%
Total Days on Market
0
Current Estimated Value
$315,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,442
Avg. Annual Appreciation
-2.29%
Original Mortgage
$72,074
Outstanding Balance
$68,879
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$256,075
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hill Edward Kyle $351,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Edward Kyle $72,074
Previous Owner Perry Gerald D $240,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Off Market $351,000 -- --
04/26/2022 04/26/22 Sold $351,000 +0.3% $474 / Sq Ft
03/13/2022 03/13/22 Pending -- -- --
03/12/2022 03/12/22 For Sale $350,000 -- $473 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,712 $307,700 -- $307,700
2023 $3,712 $287,215 $0 $287,215
2022 $2,613 $177,623 $0 $0
2021 $2,179 $161,475 $0 $0
2020 $1,980 $164,900 $0 $164,900
2019 $1,772 $141,312 $0 $141,312
2018 $1,710 $133,450 $0 $0
2017 $1,500 $129,625 $0 $0
2016 $1,426 $121,055 $0 $0
2015 $1,406 $110,050 $0 $0
2014 $1,220 $100,045 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vladimir Tamarovych

    Seller's Agent in 2022

    Vladimir Tamarovych

    Prok Invest LLC

    (850) 238-0973

    27 in this area

    34 Total Sales

    Vladimir Tamarovych
    Section Image

  • C

    Buyer's Agent in 2022

    Crystal Duncan

    Regal Properties Of Nw Florida

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About The Summit Beach Resort Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 723560

Central Panhandle Association of REALTORS®

APN: 30236-334-000

Florida Bay County Panama City Beach 32408

8743 S Thomas 1128 Dr Unit 1128, Panama City Beach, FL

This home is located at 8743 S Thomas 1128 Dr Unit 1128, Panama City Beach, FL 32408 since 12 March 2022 and is currently estimated at $315,558, approximately $426 per square foot. This property was built in 1984. 8743 S Thomas 1128 Dr Unit 1128 is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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