$5,332 Closing Credit¹
#769593, Listing Office: Coastal Real Estate Group, Inc
$440,000 List price
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
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: 3/14/2025, 10:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$440,000
8743 Thomas Dr Unit 201
$5,225
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| 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
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $37,561. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
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 Wrestling
Figure Skating
PGA/LPGA
Where do the neighbors shop?
Family Dollar
Wal-Mart
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Oldsmobile
Buick
What do the neighbors listen to?
New Country
Contemporary Inspirational- Oldies
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.
In February 2025 more than 0 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 75 were sold below. The inventory of homes for sale in Panama City Beach, FL between January and February 2025 increased by 8.1%. The median list price of listings available in February 2025 was $449,377, while the average time on the real estate market was 120 days.
From Rocket Homes Real Estate and based on county public records data.