$440,000

8743 Thomas Dr Unit 201 Panama City Beach, FL 32408

$5,225
Closing credit¹
2 beds
2 full
985 sqft
$447 / sqft
Condo

Property details

About 8743 Thomas Dr Unit 201

Stunning Gulf-View Corner Unit: $46K (2022), $54K (2023), $54K YTD (2024) in Rental Income and already over $21k booked for 2025! Unit 201 at The Summit Beach Resort is a proven investment opportunity and an inviting coastal retreat. This stunning 2-bedroom, 2-bathroom corner condo is located on the 2nd floor, offering easy access with no need for elevators. Spanning 985 sq. ft., the west-facing unit boasts breathtaking Gulf sunsets from a private balcony and comes fully furnished in a chic coastal style, comfortably sleeping seven guests. The primary suite features a king bed and an upgraded en suite bathroom with a walk-in shower, while the second bedroom includes a twin and full-size bed with convenient guest bath access. Enjoy a cozy living area with a queen sleeper sofa, a fully equipped kitchen with stainless steel appliances, and outdoor seating on the balcony to soak in the views. The Summit Beach Resort offers exceptional amenities, including two heated pools, hot tubs, a Tiki bar, and direct beach access. Located next to the soon-to-open Tootsies, youll have incredible entertainment right at your doorstep, along with convenient proximity to popular restaurants like Hammerhead Freds and Longboards, family-friendly attractions such as WonderWorks and Shipwreck Island, and outdoor adventures at Saint Andrews State Park. Unit 201 combines comfort, convenience, and proven rental success with even more exciting nearby developments to come!

Highlights

Home typeCondominium
StatusActive
CoolingCentral Air
Size985 sqft
Year built1984
MLS #970294
WaterfrontGulf, Sandy Shoreline
ViewGulf

Summary

  • MLS Number: 970294
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Beach Haven Realty LLC
  • Office Phone: (770) 596-6599
  • Listing Agent: Tyler S Smith

IDX Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. 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: 3/15/2025, 10:20:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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corridor with light wood-style floors, a textured ceiling, and baseboards

$440,000

8743 Thomas Dr Unit 201

$5,225

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 14, 2022
Home Sold
$434,000
Apr 08, 2021
Home Sold
$274,900
Jul 03, 2002
Home Sold
$175,000
May 06, 1998
Home Sold
$123,000

Tax history

YearAssessmentProperty Tax
2023$368,900$4,623
2022$246,500$3,025
2021$242,250$3,025

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. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Typical family type is single, no kids. The most common level of education of people living 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 201

This home is located at 8743 Thomas Dr Unit 201 in Panama City Beach, FL and zip code 32408. This 985 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 29, 2024 and is currently priced at $440,000.

While more than 0 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 75 were sold below. The number of homes for sale in Panama City Beach, FL increased by 8.1% between January and February 2025. In February 2025 median list price was $449,377 and the average listing age was 120 days.

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

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