$320,000
OPEN SAT 1PM - 4PM

The Summit Beach Resort Condominium 8743 Thomas Dr Unit 1105 Panama City, FL 32408

Estimated payment $2,012/month

Total Views 171
1 Bed
1.5 Baths
740 Sq Ft
$432 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • 24-Hour Security
  • Electric Gate

About This Home

Beautiful, tastefully updated 11th-floor unit at The Summit! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door— adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential. Resort Amenities:
• Gated Community
• 24/7 Onsite Security
• Private Beach Access
• 2 Pools and 2 Hot Tubs (7am-11pm)
• Fitness Center and Sauna (7am-11pm)
• Basketball Court
• Tennis Court
• Pickleball Court
• 2 Shuffleboards
• Tiki Bar (Seasonal)
• Bikini Bob's (Seasonal)
• Game Room (8am-11pm)
• Charcoal Grills & Picnic Area

Listing Agent

Laurie McKay

Coastal Living Realty & Associates License #SL3468871 Listed on: 11/07/2025

Open House Schedule

  • Saturday, November 15, 2025
    1:00 to 4:00 pm
    11/15/2025 1:00:00 PM +00:00
    11/15/2025 4:00:00 PM +00:00
    Directions: From US Highway 98, turn onto Joan Ave, then right onto Thomas Drive. Complex will be on the left. Please tell the guard you are going to an open house in 1105. Beautiful, tastefully updated 11th-floor unit at The Summit! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughou
    Add to Calendar

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,948

Year Built

  • Built in 1984

Home Design

  • Stucco

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Home Security

Parking

  • Electric Gate
  • Parking Lot

Pool

  • Heated In Ground Pool
  • Gunite Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, fitness facility, insurance, legal/accounting, ground maintenance, pool(s), sewer, trash, water
  • 449 Units
  • High-Rise Condominium
  • Summit Subdivision
  • 15-Story Property

Amenities

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

Recreation

  • Beach
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,948

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Summit
  • Architectural Style: High Rise
  • New Construction: No
  • Building Stories: 15
  • Property Sub Type Additional: Condominium
  • Special Features: OpenHouse
  • Stories: 15

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Elevator, Window Treatments
  • Spa Features: Community
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Dining Room Type: Bedroom, Living Room, Other
  • Stories: 15

Exterior Features

  • Pool Features: Gunite, Gas Heat, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Electric Gate, Gated, Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available
  • Security Features: Building Security, Gated with Guard, Gated Community, 24 Hour Security, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric, Forced Air
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Waterfront, Gated, Short Term Rental Allowed
  • Amenities: Game Room, Gated, Barbecue, Picnic Area, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Fitness Facility, Insurance, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Paved
  • Land Lease: No
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Total: 449
  • Number Of Units Furnished: All Units

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 $3,712 $307,700 -- $307,700
2023 $3,712 $287,215 $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 List to Sale Price per Sq Ft
11/07/2025 11/07/25 For Sale $320,000 -- $432 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Snyder & Snyder Pa
Warranty Deed $340,000 None Listed On Document
Corporate Deed $190,000 Lawyers Title Ins
Warranty Deed $281,500 Lawyers Title Agency Of Nort
Warranty Deed $160,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 New Conventional
Previous Owner $180,500 Purchase Money Mortgage
Previous Owner $287,937 Purchase Money Mortgage
Previous Owner $144,000 Purchase Money Mortgage
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 781353

Central Panhandle Association of REALTORS®

APN: 30236-311-000

Florida Bay County Panama City 32408

8743 Thomas Dr Unit 1105, Panama City, FL

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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Laurie McKay
Listing Agent
Laurie McKay
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Coastal Living Realty & Associates
(448) 208-1518