$309,000

8743 Thomas Dr Unit 1224 Panama City Beach, FL 32408

$3,669
Closing credit¹
1 bed
1 full, 1 partial
740 sqft
$418 / sqft
Condo

Property details

About 8743 Thomas Dr Unit 1224

Motivated Seller will consider owner financing (terms: 20% down, 8% interest rate, 30yr amortization, 5yr balloon). 1 Bedroom/1.5 Bath. The Summit is a highly desirable beachfront condominium property with a long history of exceptional rental income. This 12th floor unit offers stunning views of the Gulf of Mexico. 1-bedroom with a king size bed, plus hallway bunk beds and a queen sofa sleeper. The kitchen has updated cabinetry and appliances, including a washer and dryer. This well-maintained condo comes fully furnished and rental ready. Unit has new sliding glass door and windows. The resort offers an abundance of amenities, including 2 large pools, 2 kiddie pools, 2 outdoor hot tubs, 1 indoor hot tub, dry saunas, fitness center, shuffleboard courts, tennis/pickleball courts, Bar-b-que grills & picnic areas, poolside tiki bar and Bikini Bob's restaurant. This beachfront condominium is across the street from numerous amusement rides and restaurants and close to shopping and sports complexes. All information is approximate and should be verified by buyers if important.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size740 sqft
Year built1984
ParkingAdditional Parking, Gated, Paved, Parking Lot
MLS #768114
WaterfrontGulf, Sandy Shoreline
ViewGulf

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Total Bedroom Count: 1
  • Parking: Additional Parking, Gated, Paved, Parking Lot
  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony, Sprinkler/Irrigation
  • Architectural Style: High Rise
  • Heating: Central, Electric
  • Cooling: Central Air, Electric
  • List Price: $309,000
  • Price/SqFt: $417
  • HOA Amount: $2243 Quarterly
  • Annual Tax Amount: $3,194
  • Tax Year: 2023
  • Directions: 8743 Thomas Drive. Heading west on Thomas Drive the 15 story complex will be on your left hand side.
  • Year Built: 1984
  • Living Area: 740 SqFt
  • MLS Number: 768114
  • MLS Name: BCAR
  • Office Name: Top Producers Real Estate Ctr

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/2/2025, 4:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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8743 Thomas Dr Unit 1224, Panama City Beach, FL 32408 - view of property

$309,000

8743 Thomas Dr Unit 1224

$3,669

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 01, 2010
Home Sold
$120,000
Dec 23, 2009
Home Sold
$125,000
Sep 28, 2004
Home Sold
$287,500
Dec 04, 2003
Home Sold
$160,000
Apr 24, 2002
Home Sold
$125,500

Tax history

YearAssessmentProperty Tax
2023$287,215$3,194
2022$246,500$2,612
2021$173,103$2,612
2020$146,795$1,980
2018$133,450$1,709
2017$129,625$1,500

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

1.7 mi

7400 Patronis Dr

7

Hutchison Beach Elementary School

Public District KG-5

3.4 mi

12900 Hutchison Blvd

5

Lucille Moore Elementary School

Public District PK-5

5.2 mi

1900 Michigan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,561. The most common annual income of people living in Panama City Beach, FL is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8743 Thomas Dr Unit 1224

The listing price of 8743 Thomas Dr Unit 1224 property is $309,000.

The property 8743 Thomas Dr Unit 1224 is a condo located in Panama City Beach, Florida, 32408.

Active Listing: 8743 Thomas Dr Unit 1224 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8743 Thomas Dr Unit 1224 are: Patronis Elementary School (GreatSchools Rating 7/10), Hutchison Beach Elementary School (GreatSchools Rating 7/10), Lucille Moore Elementary School (GreatSchools Rating 5/10), Breakfast Point Academy (GreatSchools Rating 6/10), Surfside Middle School (GreatSchools Rating 6/10), University Academy Sabl Inc (GreatSchools Rating 10/10), J.R. Arnold High School (GreatSchools Rating 5/10), Rising Leaders Academy (GreatSchools Rating 5/10), Central High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,194 (source: MLS/based on county public records data).

The last sale was on March 1, 2010 for $120,000 (source: MLS/tax record).

The property at 8743 Thomas Dr Unit 1224 has 1 bedroom and 1 full and 1 half bathrooms.

The property 8743 Thomas Dr Unit 1224 is 740 SqFt (source: MLS/tax record).

The year of construction for 8743 Thomas Dr Unit 1224 is 1984.

This home is located at 8743 Thomas Dr Unit 1224 in Panama City Beach, FL and zip code 32408. This 740 square foot home was built in 1984. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since May 29, 2025 and is currently priced at $309,000.

Panama City Beach, FL housing market in May 2025 saw over 2 listings sold above listed price, more than 25 sold at listed price and over 111 sold below. The number of homes for sale in Panama City Beach, FL increased by 6.2% between April and May 2025. The median list price of listings available in May 2025 was $440,000, while the average time on the real estate market was 95 days.

From Rocket Homes Real Estate and based on county public records data.

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