$695,000

The Summit Beach Resort Condominium 8743 Thomas Dr Unit 1513 Panama City, FL 32408

Estimated payment $5,267/month

Total Views 268
3 Beds
3 Baths
1,531 Sq Ft
$454 Price per Sq Ft

Highlights

  • Beach
  • Golf Course Community
  • Deeded access to the beach
  • J.R. Arnold High School Rated A-
  • Property fronts gulf or ocean
  • Security Service

About This Home

Located right next door to the fabulous TOOTSIES ORCHID LOUNGE COMING SOON... this GULF FRONT PENTHOUSE UNIT offers 3BR/3BA, 1,531 sq. ft. and has a solid rental history of over $66,000 for 2025 with the best yet to come!!! Easily accommodate up to 12 guests! Beautifully updated throughout including bathrooms plus stainless appliances and quartz countertops. Gulf-front primary w/ ensuite bath and spacious walk-in closet. Panoramic gulf views from the expansive balcony!, LVP maintenance- free flooring throughout. The Summit offers two gulf-front heated pools, hot tub, fitness center, play area, basketball, shuffleboard, bbq grills, snack bar, tennis courts and it's a short drive to St. Andrews State Park (top ten in FL), Grand Lagoon offering golden spoon waterfront dining options, Shell Island plus golf and attractions!

Listing Agent

Cheryl Wright

Coldwell Banker Realty License #3059224 Listed on: 08/07/2025

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,024

Year Built

  • Built in 1984

Lot Details

HOA Fees

  • $895 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,531 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Family Room

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • Gated Parking
  • Paved Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, pest control, pool(s), tennis courts, trash, water
  • High-Rise Condominium
  • The Summit Subdivision

Amenities

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

Recreation

  • Beach
  • Golf Course Community
  • Park

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,024

Year Built

Built in 1984

Lot Details

0

HOA Fees

$895 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Lot Size: NO LAND
  • Subdivision Name: The Summit
  • Architectural Style: High Rise
  • Entry Level: 15
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Range Hood
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1531.0
  • Dining Room Type: Bedroom, Family Room, Kitchen, Primary Bedroom

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Cable Connected
  • Security Features: Building Security, Smoke Detector(s), Security Service
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2685.0
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Golf, Park, Short Term Rental Allowed, Tennis Court(s), Pool
  • Amenities: Beach Rights, Game Room, Gated, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Pest Control, Pool(s), Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 7024.0
  • 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 $5,792 $560,575 -- $560,575
2023 $5,792 $401,115 $0 $520,540
2022 $4,293 $364,650 $0 $364,650
2021 $3,623 $289,000 $0 $289,000
2020 $3,469 $289,000 $0 $289,000
2019 $2,748 $221,637 $0 $221,637
2018 $3,336 $266,088 $0 $0
2017 $2,760 $241,898 $0 $0
2016 $2,803 $241,898 $0 $0
2015 $2,793 $222,123 $0 $0
2014 $2,542 $201,930 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 For Sale $695,000 -- $454 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $694,000 Setco Services
Warranty Deed $425,000 Bright Line Title Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $335,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $435,849 New Conventional
Previous Owner $361,250 New Conventional
Previous Owner $125,000 New Conventional
Previous Owner $0 Unknown
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 777430

Central Panhandle Association of REALTORS®

APN: 30236-447-000

Florida Bay County Panama City 32408

8743 Thomas Dr Unit 1513, Panama City, FL

This home is located at 8743 Thomas Dr Unit 1513, Panama City, FL 32408 and is currently priced at $695,000, approximately $453 per square foot. This property was built in 1984. 8743 Thomas Dr Unit 1513 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
Cheryl Wright
Listing Agent
Cheryl Wright
Section Image
Coldwell Banker Realty
(448) 413-7467