The Summit Beach Resort Condominium 8743 Thomas Dr Unit 225 Panama City, FL 32408
Estimated payment $2,200/month
Highlights
- Property fronts gulf or ocean
- Deeded access to the beach
- Balcony
- J.R. Arnold High School Rated A-
- Gated with Attendant
- Living Room
About This Home
Don't miss your chance to own a beautifully maintained, turnkey beachfront condo in the vibrant heart of Panama City Beach. This spacious one-bedroom, two-bath unit comfortably sleeps six with a king-size master bedroom, cozy hallway bunk beds featuring reading lights, and a living room with a sofa sleeper - perfect for family getaways or rental income potential. Enjoy private access to a luxurious Jack & Jill bathroom from the master suite, along with a secluded toilet room and convenient hallway bunk bed access to the alternate side of the bath. The condo features new bedding and an oversized shower, all complemented by stylish, modern décor. Located ideally on the second floor, Unit 225 provides breathtaking views of the Gulf and resort amenities, including a heated pool, children's pool, hot tubs, sauna, fitness center, tiki bar, tennis and pickleball courts, game and party rooms, an on-site convenience store, commercial laundry, and dining at Bikini Bobs- all just steps from your door. Dining, shopping, camping, and golfing are just minutes away, with St. Andrews State Park a quick five-minute drive and walkable access to upcoming local hotspots, including the famous ''Tootsies'' Nashville venue under construction for 2026. This sought-after community sits on the east end of Thomas Drive in the Lower Grand Lagoon area, placing you in a prime location for sun, sand, and everything Panama City Beach has to offer. Included appliances are a stacked washer and dryer, dishwasher, disposal, microwave, oven, refrigerator, new over-sink lighting, coffee pot, crock pot, blender, pots and pans - ensuring all the conveniences of home with a resort lifestyle.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,948
Year Built
- Built in 1984
Lot Details
- Property fronts a county road
Interior Spaces
- Window Treatments
- Living Room
- Tile Flooring
- Dishwasher
- Stacked Washer and Dryer
Bedrooms and Bathrooms
- 1 Bedroom
Parking
- Paved Parking
- Parking Lot
Outdoor Features
- Gunite Pool
- Deeded access to the beach
- Balcony
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
Community Details
Overview
- Property has a Home Owners Association
- Association fees include cable TV, insurance, internet, pool(s), sewer, trash
- High-Rise Condominium
- The Summit Subdivision
Security
- Gated with Attendant
Map
About The Summit Beach Resort Condominium
Home Values in the Area
Average Home Value in this Area
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 | $2,213 | $168,741 | $0 | $0 |
| 2020 | $2,012 | $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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2025 11/12/25 | For Sale | $355,000 | -- | $480 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $355,000 | South Oak Title | |
| Warranty Deed | $299,000 | Setco Services Llc | |
| Warranty Deed | $170,000 | Mti Title Insurance Agency | |
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $265,500 | New Conventional | |
| Previous Owner | $239,200 | New Conventional | |
| Previous Owner | $136,000 | Unknown |
Source: Central Panhandle Association of REALTORS®
MLS Number: 781577
APN: 30236-043-000
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