NOT LISTED FOR SALE

Top of the Gulf Condos 8817 Thomas Dr Unit A508 Floor 5 Panama City Beach, FL 32408

Panama City Beach Area

Estimated Value: $182,000 - $202,989

5 Beds
1 Bath
489 Sq Ft
1976 Built

Sale Details

Date Sold: October 29, 2025

Last sale price $185,000 $378 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,277 / mo

6 Days on Market

Highlights

  • Beach
  • Deeded access to the beach
  • Clubhouse
  • Property fronts gulf or ocean
  • In Ground Pool
  • Sun or Florida Room

About This Home

As of October 2025

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Unwind in style at this waterfront retreat, featuring a resort pool, sunning deck, and fitness center. The incredible resort has ocean views and direct beach access! Top of the Gulf offers family friendly beachfront condos that overlook the World's Most Beautiful Beaches in Panama City Beach, Florida. This 5th floor studio condominium has been updated and is a perfect place to relax and unwind! With a partial beach view, this condo is hard to beat. Nicely designed and decorated, this studio condo is clean and luxurious. The beach decor and abundance of natural light give you a perfect sense of peace and quiet away from the hustle and bustle of the city. Featuring two queen beds with luxury mattresses as well as a sofa for relaxing or sleeping. In total the condo can sleep 4 adults! The open floor plan uses the space very well and is perfect for a beach getaway. The fully equipped kitchen comes ready to cook and enjoy family favorites, perfect after a day on the beach.

Last Agent to Sell the Property

Anthony Davidson

Local Motion Realty LLC License #BK3459849 Listed on: 09/17/2025

Last Buyer's Agent

Anthony Davidson

Local Motion Realty LLC License #BK3459849 Listed on: 09/17/2025

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,704

Year Built

  • Built in 1976

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1 Full Bathroom
  • Sun or Florida Room
  • Security Gate
  • Electric Oven

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • Top Of The Gulf Condo. Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Game Room
  • Laundry Facilities

Recreation

  • Beach
  • Park

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,704

Year Built

Built in 1976

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1976
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Subdivision Name: Top Of The Gulf Condo.
  • Architectural Style: High Rise
  • Entry Level: 5
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Oven
  • Full Bathrooms: 1
  • Dining Room Type: Florida Room

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Block, Concrete

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected
  • Security Features: Security Gate, Security Guard, Security Service
  • Cooling: Central Air
  • Heating: Central
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Clubhouse, Fitness Center, Game Room, Laundry Facilities, Park, Waterfront, Community Pool, Short Term Rental Allowed
  • Amenities: Beach Rights, Game Room, Barbecue
  • Association: Yes

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Mobile Dim Units: Feet
  • Zoning Description: Resid Single Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 2704.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2025
Closed on
Oct 29, 2025
Sold by
Santos Luiz Gustavo De Oliveira
Bought by
Seller's Agent
Anthony Davidson
Local Motion Realty LLC
Buyer's Agent
Anthony Davidson
Local Motion Realty LLC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Views
4
Current Estimated Value
$192,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,454
Avg. Annual Appreciation
5.75%
Original Mortgage
$138,750
Outstanding Balance
$137,679
Interest Rate
6.26%
Mortgage Type
New Conventional
Estimated Equity
$56,318

Purchase Details

Closed on
Mar 24, 2023
Sold by
Lewis Sean
Bought by
Deoliveira Santos Luiz Gustavo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2022
Sold by
Rellinger Deonna
Bought by
Lewis Sean

Purchase Details

Closed on
Oct 20, 2022
Sold by
Herron Paul G
Bought by
Rellinger Deonna

Purchase Details

Closed on
Aug 23, 2016
Sold by
Lynch Sharon Perkins and Perkins Arthur Donovan
Bought by
Herron Paul

Purchase Details

Closed on
May 1, 2016
Bought by
Herron Paul
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City Beach, FL

  • Wanda Jackson Real Estate Agent - The Premier Property Group

    Wanda Jackson

    The Premier Property Group

    (817) 618-7260

    76 Total Sales

    1 in Panama City Beach

    $526,800 Price

    Wanda Jackson
     Section Image
  • Oliver Robbins Real Estate Agent - The Premier Property Group Seacrest Office

    Oliver Robbins

    The Premier Property Group Seacrest Office

    (850) 613-0694

    21 Total Sales

    1 in Panama City Beach

    $1,240,000 Price

    Oliver Robbins
     Section Image
  • Tom Hopkins Real Estate Agent - Berkshire Hathaway Home Services PenFed Realty

    Tom Hopkins

    Berkshire Hathaway Home Services PenFed Realty

    (850) 904-4873

    17 Total Sales

    1 in Panama City Beach

    $349,000 Price

    Tom Hopkins
     Section Image
  • Whitby Jerkins Real Estate Agent - Serhant

    Whitby Jerkins

    Serhant

    (850) 533-8546

    24 Total Sales

    6 in Panama City Beach

    $259K - $775K Price Range

    Whitby Jerkins
     Section Image
  • Angela Lemke Real Estate Agent - Bastion Realty LLC

    Angela Lemke

    Bastion Realty LLC

    (850) 876-5697

    22 Total Sales

    1 in Panama City Beach

    $504,000 Price

    Angela Lemke
     Section Image
  • Nathan Lambert Real Estate Agent - Real Broker LLC

    Nathan Lambert

    Real Broker LLC

    (850) 613-0622

    26 Total Sales

    1 in Panama City Beach

    $405,000 Price

    Nathan Lambert
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$185,000 Clear Title
Deoliveira Santos Luiz Gustavo $216,000 South Oak Title
Lewis Sean $15,000 --
Rellinger Deonna $100 --
Herron Paul $75,000 H& S Title & Escrow Inc
Herron Paul -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $138,750
Closed Deoliveira Santos Luiz Gustavo $151,200
Previous Owner Perkins Mary M $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/29/2025 10/29/25 Sold $185,000 -7.5% $378 / Sq Ft
09/23/2025 09/23/25 Pending -- -- --
09/17/2025 09/17/25 For Sale $199,900 -- $409 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,585 $192,100 $192,100
2024 $2,667 $204,000 $204,000
2023 $2,667 $204,000 $0 $204,000
2022 $1,668 $100,618 $0 $0
2021 $1,433 $91,471 $0 $0
2020 $1,279 $106,595 $0 $106,595
2019 $1,044 $81,600 $0 $81,600
2018 $952 $68,723 $0 $0
2017 $744 $62,475 $0 $0
2016 $679 $56,525 $0 $0
2015 $648 $51,425 $0 $0
2014 $583 $46,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Davidson Real Estate Agent - Local Motion Realty LLC

    Seller's Agent in 2025

    Anthony Davidson

    Local Motion Realty LLC

    (972) 824-3330

    22 Total Sales

    Anthony Davidson
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About Top of the Gulf Condos

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 779128

Central Panhandle Association of REALTORS®

APN: 34994-208-000

Florida Bay County Panama City Beach 32408

8817 Thomas Dr Unit A508, Panama City Beach, 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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