26 days on rocket

8743 Thomas Dr Unit 201, Panama City, FL, 32408

$465,000

Home List Price

$5,522*

Closing Credit

2 Bedrooms
2 Full Baths
985 SqFt
$472/SqFt
Condo

Location

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8743 Thomas Dr Unit 201, Panama City$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGated, Parking Lot
Year Built1984
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #764398
StatusActive

About 8743 Thomas Dr Unit 201

Welcome to Unit 201 at The Summit Beach Resort--a stunning, fully furnished 2-bedroom, 2-bathroom corner unit on the 2nd floor with easy access and no need for elevators. This 985 sq. ft. west-facing condo offers breathtaking Gulf sunsets from the comfort of your own private balcony, making every evening a magical experience. Fully furnished and decorated in coastal style, the unit comfortably sleeps seven guests and has a fantastic track record on the rental program, with a year-to-date gross rental revenue of $53,000.The primary suite features a king bed, a large flat-screen TV, and an upgraded en suite bathroom with beautiful tile work and a modern walk-in shower. The second bedroom offers both a twin and a full-size bed, along with a large flat-screen TV and convenient access to a guest bathroom with a shower/tub combo. The cozy living area provides ample seating, a queen sleeper sofa, and easy access to the balcony, where you can enjoy your morning coffee or watch the sunset. The kitchen is fully equipped with stainless steel appliances and everything you need to prepare meals with ease. The balcony's Polywood patio furniture is perfect for relaxing outdoors and soaking in the views.The Summit Beach Resort offers a wide range of amenities, including two large heated pools, hot tubs, a Tiki bar, and an expansive poolside deck with plenty of seating. Conveniently located next door to the soon to be Tootsies and just minutes from popular restaurants like Hammerhead Fred's and Longboards, as well as family-friendly attractions such as WonderWorks and Shipwreck Island, this condo puts you close to all the fun. Saint Andrew's State Park is also nearby, where you can enjoy hiking, picnicking, and fishing, or take a shuttle to Shell Island. With direct beach access, you'll have endless opportunities for beach volleyball, parasailing, and more.Whether you're looking for a personal getaway or a lucrative investment, Unit 201 at The Summit Beach Resort promises a perfect combination of relaxation and entertainment in a truly unforgettable beachfront setting.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 985 SqFt

Listing Office:

  • Office Name: Beach Haven Realty

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Gated, Parking Lot

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Highway 98, turn left on Joan Ave, right on Thomas Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $472/SqFt

HOA Fees:

  • Amount: $2303
  • Frequency: Quarterly
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Housing Market Comparison

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

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Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

8743 Thomas Dr Unit 201 vs Panama City

26 DAYS ON ROCKET

-51 Days

$465,000

+$125.5K More

$472/SqFt

+$270 More

KEY TAKEAWAY

This property is $125.5K more than the Median Sold Price and $270/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: #764398

Listing Office:

  • Office Name: Beach Haven 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: 11/24/2024, 3:20:51 PM 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

$3,155

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-1174484
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-1174485
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.39 miles

  • Public District Grades KG-5

school-card-donut-1174486
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 most common annual income of people living in Panama City, FL is between $35k-100k. Most 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 201

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 201 property is $465,000.

What type of property is this?

The property 8743 Thomas Dr Unit 201 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 201 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 201 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 201 is 985 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 201 is 1984.

Rocket Homes›Florida›Bay County›Panama City›32408›8743 Thomas Dr Unit 201

This home is located at 8743 Thomas Dr Unit 201 in Panama City, 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 $465,000.

Panama City, FL housing market in October 2024 saw over 16 listings sold above listed price, more than 40 sold at listed price and over 138 sold below. Between September 2024 and October 2024, Panama City, FL real estate market has seen decrease in the number of listings by 1.7%. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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