NOT LISTED FOR SALE

The Summit Beach Resort Condominium 8743 Thomas Dr Unit 329 Panama City Beach, FL 32408

Estimated Value: $253,000 - $345,407

1 Bed
2 Baths
740 Sq Ft
$724/mo HOA Fee

Last Sold September 05, 2024

Last sale price $255,000 $345 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,491/month

228 Days on Market

Highlights

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

About This Home

As of September 2024

Back on Market. No fault of seller. Hurry to see this freshly painted Gulf Front condo that sleeps 6. King in master, 2 hallway bunks & sleeper sofa! Unique floor plan that features 2 truly separate full baths-one with tub/shower combo & one with walk-in shower. Located on popular low-level floor for convenience & incredible views! Brand new washer & Dryer. Ready for your family fun and or great rental potential too. Resort-quality onsite amenities include two amazing pools, hot tubs, game room, Gulf front Tiki bar and Bikini Bob's restaurant for your convenience plus many eateries and entertainment just a short stroll away. Nab this one now for great year-round beach living.

Last Agent to Sell the Property

Jo Cochran

Anchor Realty Florida License #SL3351905 Listed on: 12/23/2023

Last Buyer's Agent

Non Member

NON-MEMBER OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,613

Year Built

  • Built in 1984

Lot Details

  • Property fronts a county road

HOA Fees

  • $724 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Pillar, Post or Pier Foundation

Interior Spaces

  • 740 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Balcony

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • High-Rise Condominium
  • Summit Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Community Basketball Court

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,613

Year Built

Built in 1984

Lot Details

0

HOA Fees

$724 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Lot Size: 0x0x0
  • Road Frontage Type: County Road
  • Subdivision Name: Summit
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 740.0
  • Dining Room Type: Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gas Heat, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected, Other, See Remarks
  • Security Features: Fire Alarm, Gated Community, 24 Hour Security, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2173.0
  • Community Features: Barbecue, Basketball Court, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Laundry Facilities, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2613.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2023
Closed on
Sep 6, 2024
Sold by
Villoch Teresita Hernandez
Bought by
Wilson Karley and Wilson Dean
Seller's Agent
Jo Cochran
Anchor Realty Florida
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$339,000
Sold Price
$255,000
Premium/Discount to List
-$84,000
-24.78%
Views
52
Current Estimated Value
$284,102

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,102
Avg. Annual Appreciation
10.23%
Original Mortgage
$204,000
Outstanding Balance
$202,742
Interest Rate
9.5%
Mortgage Type
New Conventional
Estimated Equity
$81,360
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wilson Karley $255,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Karley $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2024 09/05/24 Sold $255,000 -17.5% $345 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
07/11/2024 07/11/24 Price Changed $309,000 -1.9% $418 / Sq Ft
06/21/2024 06/21/24 Price Changed $315,000 -3.1% $426 / Sq Ft
06/10/2024 06/10/24 Price Changed $325,000 -1.2% $439 / Sq Ft
05/15/2024 05/15/24 Price Changed $329,000 -2.9% $445 / Sq Ft
05/08/2024 05/08/24 For Sale $339,000 0.0% $458 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
04/25/2024 04/25/24 Price Changed $339,000 +3.0% $458 / Sq Ft
04/25/2024 04/25/24 Price Changed $329,000 -6.0% $445 / Sq Ft
04/16/2024 04/16/24 Price Changed $350,000 -1.4% $473 / Sq Ft
03/25/2024 03/25/24 Price Changed $355,000 +1.4% $480 / Sq Ft
01/20/2024 01/20/24 Price Changed $350,000 -2.5% $473 / Sq Ft
01/08/2024 01/08/24 Price Changed $359,000 -2.7% $485 / Sq Ft
12/24/2023 12/24/23 Price Changed $369,000 +1.1% $499 / Sq Ft
12/23/2023 12/23/23 For Sale $365,000 -- $493 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

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 $3,195 $214,924 -- --
2023 $3,195 $195,385 $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

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    Jo Cochran

    Anchor Realty Florida

    (706) 983-9370

    35 in this area

    39 Total Sales

    Jo Cochran
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member

    NON-MEMBER OFFICE

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About The Summit Beach Resort Condominium

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 750621

Central Panhandle Association of REALTORS®

APN: 30236-079-000

Florida Bay County Panama City Beach 32408

8743 Thomas Dr Unit 329, Panama City Beach, FL

This home is located at 8743 Thomas Dr Unit 329, Panama City Beach, FL 32408 since 23 December 2023 and is currently estimated at $284,102, approximately $383 per square foot. This property was built in 1984. 8743 Thomas Dr Unit 329 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.

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