$152,000
SOLD JUN 6, 2016

The Summit Beach Resort Condominium 8743 Thomas Dr Unit 322 Panama City Beach, FL 32408

1 Bed
1.5 Baths
740 Sq Ft
$333/mo HOA Fee

Recently Sold

$205 Per Sq Ft

5% Below List Price

63 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

As of December 2024

Located in The Heart of Panama City Beach - The Summit Is Recognized as a Landmark. Just Steps Away From the World's Most Beautiful White-Sand Beaches, Shopping, Dining & Entertainment. This Beachfront Resort Offers a Gated Community, 2 Pools (1 Heated Throughout Winter), 2 Kiddie Pools, 2 Outdoor Hot Tubs, Tiki-Bar & Restaurant, Snack Bar, Indoor Whirlpool & Fitness Center, Tennis Courts, & Shuffle Board. This Fully Furnished Residence is Rental Ready & Has 1 Bedroom, Plus Bunk Beds, 2 Baths. With A Sleeper Sofa This Condo Can Easily Accommodate Over 6 People! Features Include: Prime Location in the Building, Tile Flooring Throughout, Open Floor Plan, New Countertops, Fully Applianced Kitchen with Bar, Large Master Bedroom, Balcony with Exceptional View & Much More!

Last Agent to Sell the Property

Meghan Hall

Keller Williams Realty Emerald License #3186166 Listed on: 03/23/2016

Keller Williams Realty Emerald

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,406

Year Built

  • Built in 1984

Lot Details

  • Landscaped
  • Sprinkler System

HOA Fees

  • $333 Monthly HOA Fees

Home Design

  • Newly Painted Property
  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 740 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Woodwork
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Parking

  • Oversized Parking
  • Guest Parking

Pool

  • Heated In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include cable TV, insurance, laundry, legal/accounting, pest control, pool(s), sewer, security, tennis courts, trash, water
  • 466 Units
  • Summit Resorts Association
  • Mid-Rise Condominium
  • The Summit Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Beach
  • Fishing
  • Park

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,406

Year Built

Built in 1984

Lot Details

0

HOA Fees

$333 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Lot Size: Condo
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: The Summit
  • Architectural Style: Mid Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: New Paint, Natural Woodwork
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 740.0
  • Dining Room Type: Dining Room, Full Bath, Kitchen, Primary Bathroom, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, In Ground, Private, Community
  • Fencing: Full
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Shoreline - Natural, Deeded Access, Waterfront
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Sprinkler/Irrigation, Outdoor Shower
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Guest, Oversized

Utilities

  • Utilities: Electricity Connected, High Speed Internet Available, Phone Connected, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Smoke Detector(s), Security Service
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 999.0
  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Fishing, Game Room, Gated, Other, Park, Pool, See Remarks, Tennis Court(s), Waterfront, Sidewalks
  • Amenities: Beach Rights, Game Room, Gated, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association Name: Summit Resorts
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Laundry, Legal/Accounting, Other, Pest Control, Pool(s), Sewer, See Remarks, Security, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Landscaped, Waterfront
  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished
  • Lease Term: Weekly

Multi Family

  • Number Of Units In Community: 466

Tax Info

  • Tax Annual Amount: 1406.0
  • Tax Year: 2015

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2024
Closed on
Dec 3, 2024
Sold by
Roller Bernard E
Bought by
Barnes Theia Jordan and Barnes Jeremey
Seller's Agent
Mary Tisdale
Keller Williams Realty Emerald
Buyer's Agent
Mary Empson
Counts Real Estate Group Inc
List Price
$365,000
Sold Price
$280,000
Premium/Discount to List
-$85,000
-23.29%
Views
42
Current Estimated Value
$290,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,918
Avg. Annual Appreciation
5.09%

Purchase Details

Closed on
Jun 23, 2021
Sold by
Hand Roger D and Hand Georgiana L
Bought by
Roller Bernard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,700
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jun 6, 2016
Sold by
Villard Lance J
Bought by
Hand Roger D and Hand Georgiana L
Seller's Agent
Meghan Hall
Keller Williams Realty Emerald
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $280,000 Mti Title
Warranty Deed $298,500 Setco Services Llc
Warranty Deed $152,000 Diamond Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $203,700 Commercial
Previous Owner $98,580 Credit Line Revolving
Previous Owner $76,900 Unknown
Previous Owner $85,700 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2024 12/03/24 Sold $280,000 -16.4% $378 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
06/28/2024 06/28/24 Price Changed $335,000 -2.9% $453 / Sq Ft
06/06/2024 06/06/24 Price Changed $345,000 -2.8% $466 / Sq Ft
05/05/2024 05/05/24 Price Changed $355,000 -2.7% $480 / Sq Ft
01/31/2024 01/31/24 For Sale $365,000 +140.1% $493 / Sq Ft
06/20/2022 06/20/22 Off Market $152,000 -- --
06/06/2016 06/06/16 Sold $152,000 -4.9% $205 / Sq Ft
05/25/2016 05/25/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $159,900 -- $216 / 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 $3,622 $298,265 -- --
2023 $3,622 $271,150 $0 $287,215
2022 $2,935 $246,500 $0 $246,500
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

  • Mary Tisdale

    Seller's Agent in 2024

    Mary Tisdale

    Keller Williams Realty Emerald

    (850) 204-0308

    27 in this area

    100 Total Sales

    Mary Tisdale
    Section Image

  • M

    Buyer's Agent in 2024

    Mary Empson

    Counts Real Estate Group Inc

  • Meghan Hall

    Seller's Agent in 2016

    Meghan Hall

    Keller Williams Realty Emerald

    (850) 867-6710

    335 in this area

    595 Total Sales

    Meghan Hall
    Section Image

  • N

    Buyer's Agent in 2016

    Non Member

    NON-MEMBER OFFICE

See All Agents

About The Summit Beach Resort Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 644093

Central Panhandle Association of REALTORS®

APN: 30236-072-000

Florida Bay County Panama City Beach 32408

8743 Thomas Dr Unit 322, Panama City Beach, FL

This home is located at 8743 Thomas Dr Unit 322, Panama City Beach, FL 32408 and is currently priced at $152,000, approximately $205 per square foot. This property was built in 1984. 8743 Thomas Dr Unit 322 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.

Nearby Homes