Top of the Gulf Condos 8817 Thomas Dr Unit A823 Panama City Beach, FL 32408
Estimated Value: $243,398 - $261,000
5
Beds
1
Bath
489
Sq Ft
$435/mo
HOA Fee
Highlights
- Property fronts gulf or ocean
- Deeded access to the beach
- Furnished
- J.R. Arnold High School Rated A-
- In Ground Pool
- Game Room
About This Home
As of April 2023Welcome to Top of the Gulf, one of the best kept secrets in the Emerald Coast Panhandle. Top of the Gulf condos are known to pull north of $35,000 of gross rental income. It's an extremely well maintained building with a great return on investment!This particular unit currently needs a new kitchen area, new furniture, and new decor. Owner is in the process of finishing the remodel but is willing to sell it AS IS and let the new buyer add their own personal touch.
Last Agent to Sell the Property
Miller & Associates Realty License #SL3329752 Listed on: 03/18/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,110
Year Built
- Built in 1976
Lot Details
HOA Fees
- $435 Monthly HOA Fees
Parking
- Additional Parking
Interior Spaces
- 1 Full Bathroom
- 489 Sq Ft Home
- Furnished
Outdoor Features
- In Ground Pool
- Deeded access to the beach
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Air
- Heating Available
Community Details
Overview
- Association fees include clubhouse, cable TV, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash, water
- High-Rise Condominium
- Top Of The Gulf Condo. Subdivision
Amenities
- Game Room
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 18, 2023
Closed on
Apr 21, 2023
Sold by
Cah Investment Trust
Bought by
May Jonathan
Seller's Agent
Bryce Miller
Miller & Associates Realty
Buyer's Agent
Henry Brigmond
Beachy Beach Real Estate
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Total Days on Market
1
Views
25
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100
Avg. Annual Appreciation
0.20%
Purchase Details
Listed on
Feb 19, 2020
Closed on
Jun 2, 2020
Sold by
Singleton Ryan Jack
Bought by
Hutcheson Charles Allen and Cah Investment Trust
Seller's Agent
Ryan Singleton
Premier Coastal, Inc.
Buyer's Agent
Bryce Miller
Miller & Associates Realty
List Price
$176,000
Sold Price
$150,000
Premium/Discount to List
-$26,000
-14.77%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.41%
Purchase Details
Listed on
Mar 24, 2017
Closed on
Dec 13, 2017
Sold by
Dalba Russell P
Bought by
Sigleton Ryan L
Seller's Agent
Mary Tisdale
Keller Williams Realty Emerald Coast
Buyer's Agent
Ryan Singleton
Premier Coastal, Inc.
List Price
$114,500
Sold Price
$107,500
Premium/Discount to List
-$7,000
-6.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.44%
Original Mortgage
$86,000
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Panama City Beach, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| May Jonathan | $250,000 | Mti Title | |
| Hutcheson Charles Allen | $150,000 | South Oak Ttl Panama City Be | |
| Sigleton Ryan L | $107,500 | South Osk Title 30A Llc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sigleton Ryan L | $86,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $250,000 | -5.7% | $511 / Sq Ft |
| 03/22/2023 03/22/23 | Pending | -- | -- | -- |
| 03/20/2023 03/20/23 | For Sale | $265,000 | +76.7% | $542 / Sq Ft |
| 06/20/2022 06/20/22 | Off Market | $150,000 | -- | -- |
| 06/20/2022 06/20/22 | Off Market | $107,500 | -- | -- |
| 06/02/2020 06/02/20 | Sold | $150,000 | -14.8% | $307 / Sq Ft |
| 05/18/2020 05/18/20 | Pending | -- | -- | -- |
| 02/19/2020 02/19/20 | For Sale | $176,000 | +63.7% | $360 / Sq Ft |
| 12/13/2017 12/13/17 | Sold | $107,500 | -6.1% | $220 / Sq Ft |
| 09/03/2017 09/03/17 | Pending | -- | -- | -- |
| 03/24/2017 03/24/17 | For Sale | $114,500 | -- | $234 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $2,567 | $216,750 | -- | $216,750 |
| 2023 | $2,567 | $216,750 | $0 | $216,750 |
| 2022 | $2,110 | $151,470 | $0 | $0 |
| 2021 | $1,787 | $137,700 | $0 | $137,700 |
| 2020 | $1,419 | $108,543 | $0 | $108,543 |
| 2019 | $1,169 | $89,675 | $0 | $89,675 |
| 2018 | $1,095 | $81,600 | $0 | $0 |
| 2017 | $905 | $74,052 | $0 | $0 |
| 2016 | $826 | $67,320 | $0 | $0 |
| 2015 | $755 | $61,200 | $0 | $0 |
| 2014 | $693 | $56,100 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryce Miller
Seller's Agent in 2023
Bryce Miller
Miller & Associates Realty
(850) 249-6655
57 in this area
104 Total Sales
-
Henry Brigmond
Buyer's Agent in 2023
Henry Brigmond
Beachy Beach Real Estate
(850) 851-9201
27 in this area
45 Total Sales
-
R
Seller's Agent in 2020
Ryan Singleton
Premier Coastal, Inc.
-
Mary Tisdale
Seller's Agent in 2017
Mary Tisdale
Keller Williams Realty Emerald Coast
(850) 204-0308
27 in this area
94 Total Sales
About Top of the Gulf Condos
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 739021
APN: 34994-298-000
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.
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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