20 days on rocket

8743 Thomas Dr Unit 1028, Panama City Beach, FL, 32408

$355,000

Home List Price

$4,216*

Closing Credit

1 Bedroom
2 Full Baths
740 SqFt
$480/SqFt
Condo

Location

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8743 Thomas Dr Unit 1028, Panama City Beach$355,000

Buyer Closing Credits

$4,216*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral
CoolingCentral Air
WaterfrontGulf
MLS #963892
StatusActive

About 8743 Thomas Dr Unit 1028

Discover the best in beachfront living with this 10th-floor Gulf-front condo that offers breathtaking views, vibrant sunsets, and all the comforts of a relaxing coastal lifestyle. With one bedroom and TWO FULL BATHS, this charming retreat is designed to provide the perfect balance of style, convenience, and comfort. From the moment you step onto the balcony, youll be captivated by the panoramic views of the Gulfs turquoise waters and the ever-changing colors of the sky, from sunrise to sunset. This condo boasts deeded beach access, making it easy to enjoy the pristine white sands and tranquil shoreline just steps away. Its central location places you near St. Andrews State Park, marinas, popular restaurants, lively entertainment, and a variety of shopping options, ensuring youre never far from the best the area has to offer. The Summit, a gated community, provides an array of resort-style amenities to enhance your experience. Enjoy two beachfront pools, including one that is heated seasonally, along with two kiddie pools, poolside hot tubs, and an indoor sauna and hot tub for ultimate relaxation. The community features a fitness center, shuffleboard, and lighted tennis and pickleball courts for those seeking an active lifestyle. The poolside Tiki Bar & Grill offers a perfect spot to grab a bite while taking in the Gulf views, and the on-site ice cream shop and convenience store add to the ease of living here. Ample open parking ensures hassle-free access to your condo. Dont miss the chance to own this beautiful piece of paradise and start living the Gulf-front lifestyle youve always dreamed of. This condo is a great choice for personal use or rental income. Schedule your showing today! All information is deemed reliable but not guaranteed; buyers are advised to verify if important.

Property Details

Property Features

Property Information:

  • Architectural Style: N/A
  • Year Built: 1984
  • Living Area: 740 SqFt

Listing Office:

  • Office Name: REV Realty
  • Office Email: maria@revrealty.realestate
  • Listing Agent: Sissy Carroum

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Range, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Owners Closet, Window Treatment(s), Woodwork Painted

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Gulf
  • Exterior: Balcony

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From US-98 in Panama City Beach, South onto Moylan Rd, right onto Front Beach Rd, left onto Thomas Dr. The Summit is on the Right just under a mile from the intersection.

Price Information

Listing Price Info

Price Summary:

  • List Price: $355,000
  • Price Per SqFt: $480/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.

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Panama City Beach, FL

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

8743 Thomas Dr Unit 1028 vs Panama City Beach

20 DAYS ON ROCKET

-84 Days

$355,000

-$99.5K Less

$480/SqFt

+$159 More

KEY TAKEAWAY

This property is $99.5K less than the Median Sold Price and $159/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: Emerald Coast Association of REALTORS®
  • MLS Number: #963892

Listing Office:

  • Office Name: REV Realty
  • Office Email: maria@revrealty.realestate
  • Listing Agent: Sissy Carroum

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 2024. 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: 12/21/2024, 1:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 03, 2016Home Sold
$139,000
Nov 23, 2010Home Sold
$110,000

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

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,131

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NMLS#3030

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-719410
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-719411
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.39 miles

  • Public District Grades KG-5

school-card-donut-719412
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.23 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,561. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8743 Thomas Dr Unit 1028

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 1028 property is $355,000.

What type of property is this?

The property 8743 Thomas Dr Unit 1028 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 1028 is For Sale (Active/New) which means the seller is accepting offers.

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).

When was this property sold last time and for how much?

The last sale was on March 3, 2016 for $139,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 1028 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 1028 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 1028 is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›8743 Thomas Dr Unit 1028

This home is located at 8743 Thomas Dr Unit 1028 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 December 01, 2024 and is currently priced at $355,000.

In November 2024 more than 8 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 90 were sold below. Between October 2024 and November 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 1%. The median list price of listings available in November 2024 was $454,516, while the average time on the real estate market was 104 days.

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

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