$310,000
$10K PRICE DROP

Estimated payment $2,747/month

Total Views 4,119
1 Bed
1.5 Baths
740 Sq Ft
$419 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • In Ground Pool
  • Balcony
  • J.R. Arnold High School Rated A-
  • Furnished
  • Living Room

About This Home

***SELLER WILL CONSIDER ALL OFFERS!*** The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach, and unit 1012 is ready for you to take part! This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring --En-suite bath off the main bedroom with shower/tub combo --2 twin bunks in the hall --Half bath in the hall --Sleeper sofa in living room --Compact kitchen with all necessities --Extra counter space, drawers, and cabinets --Full size Amana washer and dryer --Tile in hall, baths, and kitchen/dining/living room --GE electric stove --Built-in microwave --Hotpoint refrigerator --Double sink --Dining table with 4 chairs --7' x 15' balcony with outdoor furniture The Summit grounds feature a gated entrance, 24-hour security, 2 pools (one heated seasonally), 2 hot tubs, 2 kiddie pools, a poolside Tiki Bar, a full-service restaurant (Bikini Bob's), fitness center, game room, ice cream/snack and gift shops, jet ski rentals, shuffleboard, and lighted tennis/pickleball courts.

Listing Agent

January Johnson

EXP Realty LLC Brokerage Phone: 8888838509 License #3368469 Listed on: 03/14/2025

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,712

Year Built

  • Built in 1984

HOA Fees

  • $748 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Flat Roof Shape
  • Pillar, Post or Pier Foundation

Interior Spaces

  • 740 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Additional Features

  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 30236286000

Community Details

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,712

Year Built

Built in 1984

Lot Details

0

HOA Fees

$748 per month

Listing Details

  • Attribution Contact: 8888838509
  • Directions: The Summit is located on Thomas Drive between Joan Avenue and S Thomas Drive.
  • Prop. Type: Residential
  • Property Sub Type: Condominium,Detached Single Family
  • Lot Size: NO LAND
  • Road Frontage Type: City Street
  • Subdivision Name: No Named Subdivision
  • Carport Y N: No
  • Garage Yn: No
  • Property Attached Yn: Yes
  • Structure Type: Condo
  • Year Built: 1984
  • NAV22_ResortRentalYN: No
  • NAV22_Room3Name: Balcony
  • NAV22_BuildersWarrantyYN: No
  • NAV22_Room1Name: Master Bedroom
  • NAV22_Room5Name: Living Room
  • NAV22_PoolType: Community
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer, Dishwasher, Microwave
  • Furnished: Furnished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Living Area: 740
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Within 1/2 Mile of Water
  • Roof: Flat
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Foundation Details: Pillar/Post/Pier
  • Property Condition: Construction Complete

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space/Unit
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected, City Trash
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 2243
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Additional Parcels: No
  • Parcel #: 30236286000
  • Zoning Description: Residential Single Family

Rental Info

  • Lease Term: Short Term Lease

Map

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

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

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 Price Changed $310,000 -3.1% $419 / Sq Ft
03/14/2025 03/14/25 For Sale $320,000 -- $432 / Sq Ft
Source: Forgotten Coast REALTOR® Association

Purchase History

Date Type Sale Price Title Company
Warranty Deed $318,000 South Oak Title
Warranty Deed $155,000 Mti Title Ins Agency Inc
Corporate Deed $185,000 Lawyers Title Ins
Warranty Deed $290,000 Lawyers Title Agency Of Nort
Warranty Deed $179,000 --
Warranty Deed $125,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $238,500 New Conventional
Previous Owner $78,500 Commercial
Previous Owner $166,500 Purchase Money Mortgage
Previous Owner $294,472 Purchase Money Mortgage
Previous Owner $143,200 Purchase Money Mortgage
Previous Owner $100,000 Purchase Money Mortgage
Closed $10,000 No Value Available
Source: Public Records

Similar Homes in Panama City, FL

  • 100 Cherry St Unit 702, Panama City, FL 32401

    $309,000

    • 2 Beds
    • 2 Baths
    • 1,250 Sq Ft
    • 100 Cherry St
    • Unit 702
    • Panama City, FL

    Experience coastal living perfectly situated along the shimmering waters of St Andrews Bay in the heart of Panama City. This waterfront condo offers breathtaking views of the bay, best enjoyed from the expansive and inviting balcony, also a perfect spot to watch the dazzling Fourth of July fireworks or the enchanting annual Christmas boat parade. Inside you'll find a layout featuring 2 bedrooms,

    Yvette Colona Coldwell Banker Realty

    Section Image
  • 8743 Thomas Dr Unit 1212, Panama City, FL 32408

    $339,900

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft
    • 8743 Thomas Dr
    • Unit 1212
    • Panama City, FL

    A beautiful12th floor beachfront condo with amazing gulf views! Located in The Summit Condominium Beach Resort. This unit features 1 bedroom and 1.5 bathroom, with hallway bunks. Recently remodeled, this unit is a turnkey rental. New furnishings! Fully remodeled kitchen with stainless appliances, tiled backsplash, new shaker style cabinets, and butcher block counter tops. The master bedroom is

    Matthew Jones Coastal Heritage Real Estate LLC

    Section Image
  • 8743 Thomas Dr Unit 518, Panama City, FL 32408

    $350,000

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft
    • 8743 Thomas Dr
    • Unit 518
    • Panama City, FL

    Unit 518 at The Summit is a prime investment opportunity in one of Panama City Beach's most established Gulf-front resorts. This income-generating condo offers direct beach access and full resort amenities, including two pools, hot tubs, fitness center, tiki bar, on-site market, and 24/7 security--features that drive consistent guest demand year-round. With a proven rental history, and

    Viola Zhuravel Fun Quest Vacation Rentals Corp

    Section Image
  • 8743 Thomas Dr Unit 1109, Panama City, FL 32408

    $369,500

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft
    • 8743 Thomas Dr
    • Unit 1109
    • Panama City, FL

    BEAUTIFUL RENOVATED 1BR/1.5 BA CONDO AT THE SUMMIT. All electrical, plumbing, new A/C, drop down ceilings with recessed lighting, doors, trim, floors, paint, new bunks in hallway, cabinets, hardware, granite countertops, shiplap, backsplash, walk-in shower, vanities in bathroom with granite tops, toilets, sinks, faucets, garbage disposal, appliances (counter depth refrigerator, range, dishwasher,

    Jo Cochran Anchor Realty Florida

    Section Image
  • 8743 Thomas Dr Unit 1110, Panama City, FL 32408

    $369,000

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft
    • 8743 Thomas Dr
    • Unit 1110
    • Panama City, FL

    BEAUTIFUL RENOVATED 1BR/1.5 BA CONDO AT THE SUMMIT. All electrical, plumbing, new A/C, drop down ceilings with recessed lighting, doors, trim, floors, paint, new bunks in hallway, cabinets, hardware, granite countertops, shiplap, backsplash, walk-in shower, vanities in bathroom with granite tops, toilets, sinks, faucets, garbage disposal, appliances (counter depth refrigerator, range, dishwasher,

    Jo Cochran Anchor Realty Florida

    Section Image
  • 8743 Thomas Dr Unit 916, Panama City, FL 32408

    $284,500

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft
    • 8743 Thomas Dr
    • Unit 916
    • Panama City, FL

    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.

    Billy Richard Realty Mark Associates

    Section Image
  • 8743 Thomas Dr Unit 1328, Panama City, FL 32408

    $324,900

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft
    • 8743 Thomas Dr
    • Unit 1328
    • Panama City, FL

    GREAT VIEWS, Welcome to the Summit, You'll Easily Fall in Love with This Charming 1BR/1.5BA+Bunk Condo That Can Comfortably Accommodate 6 Guests & Offers A Spacious Balcony Overlooking the Gulf of Mexico. Also Featuring a Spacious Living Room-Dining Area & Kitchen Equipped with A Stove, Microwave, Dishwasher, Refrigerator & Breakfast Bar, Oversized Master Bedroom, Bunks in the Hall & Jack-N-Jill

    Mike Rylee Beach Time Realty, Inc

    Section Image
  • 8743 Thomas Dr Unit 731, Panama City, FL 32408

    $305,000

    • 1 Bed
    • 1.5 Baths
    • 740 Sq Ft
    • 8743 Thomas Dr
    • Unit 731
    • Panama City, FL

    Turnkey & Highly Booked!!! Unit 731 at the Summit Beach Resort is the perfect investment opportunity or personal beachfront retreat! This 1-bedroom, 1.5-bath condo has stunning gulf views and refreshing breezes from your private balcony. Fully furnished and stocked with modern amenities, this unit is already generating strong rental income with a great number of reservations!Enjoy direct beach

    Viola Zhuravel Fun Quest Vacation Rentals Corp

    Section Image
  • 8727 Thomas Dr Unit C38, Panama City, FL 32408

    $355,000

    • 2 Beds
    • 2 Baths
    • 1,086 Sq Ft
    • 8727 Thomas Dr
    • Unit C38
    • Panama City, FL

    LOWSET HOA's of all the comps, and one of the top 3 LOWEST Priced comps on the beach!!! INVESTOR'S DREAM!!! Newly Remodeled (over $35k), one of the only Pet Friendly Vacation Rentals on the Beach, park just a Few Feet from your door (no elevators!), Sleeps 8, INCREDIBLE ROI potential, and located in one of the most Highly sought after locations on the beach... The PERFECT condo

    Garrett Aune Beachy Beach Real Estate

    Section Image

Source: Forgotten Coast REALTOR® Association

MLS Number: 322610

Forgotten Coast REALTOR® Association

APN: 30236-286-000