$350,000

The Summit Beach Resort Condominium 8743 Thomas Dr Unit 704 Panama City Beach, FL 32408

Estimated payment $2,985/month

Total Views 653
1 Bed
1.5 Baths
740 Sq Ft
$473 Price per Sq Ft

Highlights

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

About This Home

Escape to paradise ! This beautiful fully furnished unit features 1 Bedroom, 1.5 Bathrooms and, bunks located in the hallway. This unit is Turn Key Rental Ready !! The brand new sliding door lets you walk out onto your private balcony and enjoy the amazing views of the two pools and The Gulf of America !! Call today to schedule your very own private tour and make this place home or a great vacation spot.

Listing Agent

Amber Thompson

Emerald Coast Realty Group License #3575878 Listed on: 08/16/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 1984

Lot Details

HOA Fees

  • $748 Monthly HOA Fees

Interior Spaces

  • 740 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Parking

  • Gated Parking
  • Parking Lot

Outdoor Features

  • Heated In Ground Pool
  • 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

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, laundry, legal/accounting, ground maintenance, pool(s), sewer, tennis courts, trash, water
  • High-Rise Condominium
  • The Summit Subdivision
  • 15-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Game Room
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Park

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,948

Year Built

Built in 1984

Lot Details

0

HOA Fees

$748 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Road Surface Type: Paved
  • Subdivision Name: The Summit
  • Architectural Style: High Rise
  • Entry Level: 7
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Living Area: 740.0
  • Dining Room Type: Bedroom
  • Stories: 15

Exterior Features

  • Pool Features: Electric Heat, In Ground, Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Gated, Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Security Features: Building Security, Fire Alarm, Gated with Guard, Smoke Detector(s), Security Gate, Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 2243.0
  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Park, Sauna, Shopping, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
  • Amenities: Beach Rights, Game Room, Gated, Barbecue, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Laundry, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3948.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

About The Summit Beach Resort Condominium

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $307,700 -- $307,700
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

Property History

Date Event Price Change Sq Ft Price
08/16/2025 08/16/25 For Sale $350,000 +2.9% $473 / Sq Ft
03/10/2023 03/10/23 Sold $340,000 -2.6% $459 / Sq Ft
02/02/2023 02/02/23 For Sale $349,000 0.0% $472 / Sq Ft
01/22/2023 01/22/23 Off Market $349,000 -- --
01/07/2023 01/07/23 For Sale $349,000 -- $472 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 Clear Title
Warranty Deed $215,000 South Oak Ttl Panama City Be
Warranty Deed $275,000 Lawyers Title Agncy
Warranty Deed $304,500 Lawyers Title Agency Of Nort
Warranty Deed $178,500 --
Corporate Deed $132,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Previous Owner $172,000 New Conventional
Previous Owner $220,500 New Conventional
Previous Owner $243,600 New Conventional
Previous Owner $169,575 Purchase Money Mortgage
Previous Owner $125,100 Unknown
Previous Owner $119,250 Unknown
Closed $30,450 No Value Available
Source: Public Records

About the Listing Agent

Amber Thompson
Amber Thompson

Emerald Coast Realty Group

(448) 428-0407

Section Image

Amber is dedicated to helping clients throughout their entire home buying and selling process. She understands that trying to do it all on your own can be burdensome, so she works to find you homes within your price range, help you find buyers, assist with paperwork, and more.

Her commitment to exceptional client service does not cease with the completion of the sale. Amber takes pride in providing continued client satisfaction long after the initial transaction as she continues to serve

View Amber's Profile

Amber's Other Listings

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  • 8815 Thomas Dr Unit 105, Panama City Beach, FL 32408

    $347,500

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    Want a slice of Paradise ?? Why wait on the elevator ? Check out this Beautiful Rent Ready ground floor unit just steps away from the pool and the Gulf of America ! You have a brand new sliding door to look out at the pool when you are relaxing on the couch. Call me today to schedule your very own private tour ! Make this unit yours today, it won't last long !!

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  • 4934 Bluegill Way, Vernon, FL 32462

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    • Land
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    Looking for a get away that is only 35 minutes to the Beautiful Beach's of Panama City Beach !! This quiet property has a camper, pole barn and, power. Use this for a vacation spot or build your dream home. This property is also super close to Holmes Creek with a boat ramp in the neighborhood. Buyer to verify all measurements and property details independently if important.

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  • 6202 60th St E, Palmetto, FL 34221

    $380,000 Sold Feb 10, 2025

    • 3 Beds
    • 2 Baths
    • 1,616 Sq Ft
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    • Palmetto, FL

    Beautiful 3 bedroom, 2 bath home with a pool. Beautifully maintained home in Kew Gardens. There are high ceilings and an open, split-plan with lots of light and great views of the pool. The beautiful pool has a new pool heater that was installed 2023 along with lani screens. Brand new high efficiency A/C unit installed 2024. The roof was replaced in December of 2020 and the hot water heater was

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Source: Central Panhandle Association of REALTORS®

MLS Number: 777789

Central Panhandle Association of REALTORS®

APN: 30236-182-000

Florida Bay County Panama City Beach 32408

8743 Thomas Dr Unit 704, Panama City Beach, FL

This home is located at 8743 Thomas Dr Unit 704, Panama City Beach, FL 32408 and is currently priced at $350,000, approximately $472 per square foot. This property was built in 1984. 8743 Thomas Dr Unit 704 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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Amber Thompson
Amber Thompson
Listing Agent Section Image
Emerald Coast Realty Group
(448) 428-0407