4 months on rocket

8743 Thomas Dr Unit 1122, Panama City, FL, 32408

$339,000

Home List Price

$4,026*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$458/SqFt
Condo

Location

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8743 Thomas Dr Unit 1122, Panama City$339,000

Buyer Closing Credits

$4,026*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingParking Lot, RV Access/Parking
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #759509
StatusActive

About 8743 Thomas Dr Unit 1122

Experience breathtaking views of the emerald waters and pristine white sands of Panama City Beach, Florida, from this 11th-floor unit at The Summit. This 1-bedroom, 2-bathroom condo, complete with bunks, offers a luxurious coastal retreat.This unit stands out with its complete renovation, featuring elegant tile flooring throughout and stunning white vinyl ceilings. The kitchen includes shaker-style cabinets, stainless steel appliances, an all-in-one washer and dryer, a deep sink with an industrial faucet, and epoxy countertops. The bathrooms are equally impressive, with wall-mounted toilets, new vanities, walk-in rain showers adorned with marble-like tiles, and glass doors. The HVAC system was replaced in 2012, and a new water heater was installed in 2023.The Summit is a gated community offering an array of amenities, including two beachfront pools (one heated seasonally), two poolside hot tubs, an indoor sauna, two kids' pools, an exercise room, a game room, shuffleboard, and lighted pickleball courts. On-site conveniences include an ice cream shop, gift shop, convenience store, and the popular poolside Bikini Bob Grill & Bar.This turnkey unit has been professionally managed by Funquest and is a must-see. All information is deemed reliable but not guaranteed; buyers are advised to verify if important.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Water Heater, Refrigerator, Washer
  • Interior: Breakfast Bar, Recessed Lighting

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Parking Lot, RV Access/Parking

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: South on Joan Av, turn right into Thomas Drive, The Summit will be on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $339,000
  • Price Per SqFt: $458/SqFt

HOA Fees:

  • Amount: $2173
  • Frequency: Quarterly
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Housing Market Comparison

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

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

8743 Thomas Dr Unit 1122 vs Panama City

133 DAYS ON ROCKET

+56 Days

$339,000

-$477 Less

$458/SqFt

+$256 More

KEY TAKEAWAY

This property is $477 less than the Median Sold Price and $256/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #759509

Listing Office:

  • Office Name: Coldwell Banker Realty

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: 11/22/2024, 1:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,483

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,083

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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-477934
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-477935
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.39 miles

  • Public District Grades KG-5

school-card-donut-477936
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, FL is between $35k-100k. Most families are single, no kids. Most 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 1122

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 1122 property is $339,000.

What type of property is this?

The property 8743 Thomas Dr Unit 1122 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 1122 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 1122 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 1122 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 1122 is 1984.

Rocket HomesFloridaBay CountyPanama City324088743 Thomas Dr Unit 1122

This home is located at 8743 Thomas Dr Unit 1122 in Panama City, 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 July 11, 2024 and is currently priced at $339,000.

In October 2024, from all listings sold in Panama City, FL there were more than 16 sold above asking price, over 138 sold below and more than 40 were sold right at the asked price. The number of homes for sale in Panama City, FL decreased by 1.7% between September 2024 and October 2024. The median list price of listings available in October 2024 was $339,477, while the average time on the real estate market was 77 days.

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

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