NOT LISTED FOR SALE

The Summit Beach Resort Condominium 8743 Thomas Dr Unit 606 Panama City Beach, FL 32408

Estimated Value: $295,000 - $344,000

1 Bed
1.5 Baths
740 Sq Ft
$640/mo HOA Fee

Last Sold June 02, 2023

Last sale price $352,000 $476 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $2,627/month

33 Days on Market

Highlights

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

About This Home

As of June 2023

This six floor location is situated to be one of the best in the entire building, for views of the Gulf of Mexico, the sparkling pools, and the crystal white sands of the most beautiful beach. This unit sleeps 6 and is on a rental program with strong rental numbers of over $45k. Full bedroom plus 2 bunk beds. Perfect for the investor or enjoy as a vacation spot for yourself, family and friends. This unit completely turnkey, comes fully furnished with brand new flat screen tv. Water heater replaced in 2019/ A/C in 2017. This great complex has tons of amenities that other condos do not have. With 2 large main pools, 2 children's pools, 2 large outdoor hot tubs, 1 large indoor hot tub, His & Hers Sauna Steam Rooms, Lighted Tennis courts, Shuffle Board Court, Beach Services Water Sports Center, Children's beach playground, Bikini Bob's Restaurant, Poolside Tiki Bar, Convenience Store, Snack Bar, Fitness Center, Coin Operated Laundry, Charcoal BBQ Grills, Arcade Game Room, Vending Machines, Beach Volleyball, Large Parking Lot, Large Pool Deck area, tons of green space, patrol, swings to watch the sunsets over the gulf and more. This is the epitome of resort living that your friends, family, and guests are sure to love. HOA covers yardwork and maintenance, community pool and exterior insurance. Room dimensions, age, Sq footage, HOA fee are approximate, please verify if important.

Last Agent to Sell the Property

Ramil Zartdinov

Local Insight Realty License #3315537 Listed on: 04/02/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,179

Year Built

  • Built in 1984

Lot Details

HOA Fees

  • $640 Monthly HOA Fees

Interior Spaces

  • 740 Sq Ft Home
  • Partially Furnished
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony
  • Built-In Barbecue

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30236-152-000

Community Details

Overview

  • Association fees include ground keeping, internet service, sewer, water, cable TV, trash
  • The Summit Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Recreation Room
  • Elevator

Recreation

  • Beach
  • Community Whirlpool Spa

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,179

Year Built

Built in 1984

Lot Details

0

HOA Fees

$640 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: The Summit
  • Directions: From Hathaway Bridge, heading west, turn left onto Joan Ave, turn right onto Thomas Drive, Summit is on the left.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1984
  • Utilities Electric: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range Hood, Refrigerator, Smoke Detector, Stove/Oven Electric
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Floor Tile, Furnished - Some, Window Treatment All
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Range Hood: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony, BBQ Pit/Grill, Pool - In-Ground
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • Exterior:Balcony: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Elevators, Exercise Room, Gated Community, Picnic Area, Pool, Sauna/Steam Room, Tennis, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 640.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Internet Service, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 30236-152-000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2179.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2023
Closed on
May 30, 2023
Sold by
Campbell Revocable Living Trust
Bought by
Barnett Jason and Barnett Chancey
Seller's Agent
Ramil Zartdinov
Local Insight Realty
List Price
$355,000
Sold Price
$352,000
Premium/Discount to List
-$3,000
-0.85%
Views
28
Current Estimated Value
$318,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,635
Avg. Annual Appreciation
-4.31%
Original Mortgage
$250,000
Outstanding Balance
$243,580
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$74,785

Purchase Details

Closed on
Oct 25, 2018
Sold by
Campbell Leonard C and Campbell Linda K
Bought by
The Campbell Revocable Living Trust
Source: Public Records

Range of Values:

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Average Value
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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
Barnett Jason $352,000 None Listed On Document
The Campbell Revocable Living Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barnett Jason $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Sold $352,000 0.0% $476 / Sq Ft
06/02/2023 06/02/23 Sold $352,000 -0.8% $476 / Sq Ft
05/05/2023 05/05/23 Pending -- -- --
04/02/2023 04/02/23 Price Changed $355,000 0.0% $480 / Sq Ft
04/02/2023 04/02/23 For Sale $355,000 0.0% $480 / Sq Ft
03/15/2023 03/15/23 Price Changed $354,900 0.0% $480 / Sq Ft
02/10/2023 02/10/23 Price Changed $355,000 0.0% $480 / Sq Ft
01/24/2023 01/24/23 Price Changed $354,900 0.0% $480 / Sq Ft
01/24/2023 01/24/23 For Sale $354,900 0.0% $480 / Sq Ft
01/20/2023 01/20/23 Off Market $355,000 -- --
10/21/2022 10/21/22 Price Changed $355,000 +1.5% $480 / Sq Ft
09/27/2022 09/27/22 Price Changed $349,900 -5.2% $473 / Sq Ft
08/26/2022 08/26/22 Price Changed $369,000 -0.2% $499 / Sq Ft
08/20/2022 08/20/22 For Sale $369,900 -- $500 / Sq Ft
Source: Emerald Coast 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 $3,195 $307,700 -- $307,700
2023 $3,195 $195,385 $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

  • Ramil Zartdinov

    Seller's Agent in 2023

    Ramil Zartdinov

    Local Insight Realty

    (850) 819-1418

    116 in this area

    257 Total Sales

    Ramil Zartdinov
    Section Image

  • R

    Buyer's Agent in 2023

    Renae Cooper

    RE/MAX

    (850) 238-6117

    4 in this area

    18 Total Sales

    Renae Cooper
    Section Image
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About The Summit Beach Resort Condominium

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 907475

Emerald Coast Association of REALTORS®

APN: 30236-152-000

Florida Bay County Panama City Beach 32408

8743 Thomas Dr Unit 606, Panama City Beach, FL

This home is located at 8743 Thomas Dr Unit 606, Panama City Beach, FL 32408 since 02 April 2023 and is currently estimated at $318,365, approximately $430 per square foot. This property was built in 1984. 8743 Thomas Dr Unit 606 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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