29 days on rocket

Backup Offers

8743 Thomas Dr Unit 1019, Panama City Beach, FL, 32408

$310,000

Home List Price

$3,681*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$419/SqFt
Condo

Location

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8743 Thomas Dr Unit 1019, Panama City Beach$310,000

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #763695
StatusAccepting Backup Offers
(Active Under Contract)

About 8743 Thomas Dr Unit 1019

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Convenient 10th floor 1 Bedroom/1.5 Bath unit near center elevators. The Summit is a highly desirable beachfront condominium property with a long history of exceptional rental income. This 10th floor unit overlooking the east pool offers 1-bedroom with a king size bed, plus hallway bunk beds and a queen sofa sleeper. This brightly painted and well-maintained condo comes fully furnished and rental ready, with all appliances and furnishings. Unit has new sliding glass door and windows with breathtaking Gulf views from the balcony. 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.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 740 SqFt

Listing Office:

  • Office Name: Jim Free Realty LLC

Interior Features

Interior Information:

  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony, Sprinkler/Irrigation

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: 8743 Thomas Drive. Heading west on Thomas Drive the 15 story complex will be on your left hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $310,000
  • Price Per SqFt: $419/SqFt

HOA Fees:

  • Amount: $2173
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $1,980
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

Med. Sold Price

$464.7K

Med. Price/SqFt

$328

Avg. Days On Market

104

# of Sold Homes

129

8743 Thomas Dr Unit 1019 vs Panama City Beach

29 DAYS ON ROCKET

-75 Days

$310,000

-$154.7K Less

$419/SqFt

+$90 More

KEY TAKEAWAY

This property is $154.7K less than the Median Sold Price and $90/SqFt more than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #763695

Listing Office:

  • Office Name: Jim Free Realty LLC

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© 2024 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: 11/21/2024, 6:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,980$164,900
2018$1,709$133,450
2017$1,500$129,625

History based on county public records data.

Payment Calculator

$2,339

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-394297
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-394298
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.39 miles

  • Public District Grades KG-5

school-card-donut-394299
3
/10
  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.23 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

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. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8743 Thomas Dr Unit 1019

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 1019 property is $310,000.

What type of property is this?

The property 8743 Thomas Dr Unit 1019 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Accepting Backup Offers: 8743 Thomas Dr Unit 1019 is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,980 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 1019 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 1019 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 1019 is 1984.

Rocket HomesFloridaBay CountyPanama City Beach324088743 Thomas Dr Unit 1019

This home is located at 8743 Thomas Dr Unit 1019 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 October 23, 2024 and is currently priced at $310,000.

In October 2024, from all listings sold in Panama City Beach, FL there were more than 5 sold above asking price, over 99 sold below and more than 25 were sold right at the asked price. Between September 2024 and October 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 0.4%. In October 2024 median list price was $464,783 and the average listing age was 104 days.

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

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