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8743 Thomas Dr Unit 1225, Panama City Beach, FL, 32408

$300,000

Home List Price

$3,563*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$405/SqFt
Condo

Location

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8743 Thomas Dr Unit 1225, Panama City Beach$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingNo Garage, Parking Lot
Year Built1984
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #766825
StatusActive

About 8743 Thomas Dr Unit 1225

Do you crave direct views and unfettered access to the silky white sand and emerald and blue water of the Gulf of Mexico to call your own? New windows/doors, and a new AC also put this one at the top of your must see in this complex. This beautiful updated unit, on the 12th floor, has been tastefully decorated and includes hallway bunks for extra visitors...talk about convenience. This secure, gated community has everything you need; really no need to leave once you check in! 2 Beachfront pools, (one is heated! Enjoy year round!), 2 hot tubs, 2 kiddie pools, a gym, game room, 🥒 pickle ball courts (I've always wanted to try it myself), and shuffleboard There are on-site conveniences such as an ice cream shop, gift shop, convenience store, and the popular poolside Bikini Bob Grill & Bar. Utilize as your full time retirement dream or make a steady income of short term rentals, or both. Call your favorite realtor and schedule a showing; priced aggressively for quick sale, NOT for any shortcomings; this place is beautiful and includes all furnishings/electronics shown!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Coastal Choice Realty LLC

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
  • Interior: Elevator

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Built-in Barbecue, Balcony, Patio

Parking Information:

  • Parking: No Garage, Parking Lot

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: South on Joan Av, turn right into Thomas Drive, The Summit will be on your left. Helpful info: Park in far left corner as close as possible and use that elevator to access 12th floor

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $405/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

$450.5K

Med. Price/SqFt

$316

Avg. Days On Market

129

# of Sold Homes

125

8743 Thomas Dr Unit 1225 vs Panama City Beach

1 DAY ON ROCKET

-128 Days

$300,000

-$150.5K Less

$405/SqFt

+$89 More

KEY TAKEAWAY

This property is $150.5K less than the Median Sold Price and $89/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: #766825

Listing Office:

  • Office Name: Coastal Choice 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© 2025 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: 1/15/2025, 6:21:00 AM 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

$2,289

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-2507473
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-2507474
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.39 miles

  • Public District Grades KG-5

school-card-donut-2507475
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. The majority of Panama City Beach, FL residents have income between $35k-100k annually. 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 1225

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 1225 property is $300,000.

What type of property is this?

The property 8743 Thomas Dr Unit 1225 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 1225 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).

How many bedrooms and bathrooms does this property have?

The property at 8743 Thomas Dr Unit 1225 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 1225 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 1225 is 1984.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›8743 Thomas Dr Unit 1225

This home is located at 8743 Thomas Dr Unit 1225 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 January 14, 2025 and is currently priced at $300,000.

Panama City Beach, FL housing market in December 2024 saw over 6 listings sold above listed price, more than 11 sold at listed price and over 108 sold below. In December 2024 in Panama City Beach, FL there were 1% less homes for sale than in November 2024. In December 2024, listings were on the market for 129 days. During the same period, the median list price in this real estate market was $450,514.

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

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