5 months on rocket

8743 Thomas Dr Unit 518, Panama City, FL, 32408

$375,000

Home List Price

$4,453*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
740 SqFt
$507/SqFt
Condo

Location

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8743 Thomas Dr Unit 518, Panama City$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #757901
StatusActive

About 8743 Thomas Dr Unit 518

Beachfront Bliss at Summit Resort! This unit has been meticulously remodeled. 1 bedroom with a bunk area. Recently added counter tops and designed with white cool tones. Unit 518 has been completed updated in the last 2 years and does not leave any details out. This unit is a vacation rental so make an extra income on your property. The area that this resort is located in is about to BOOM so get in before prices go up. The world famous Tootsies is coming to the area along with other major development

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Coastal Living Realty & Associates

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Microwave, Washer

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: Balcony

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From panama city take 98 over hathaway brdg, left onto thomas dr, thomas drive bends to the rght, summit building on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000
  • Price Per SqFt: $507/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.

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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 518 vs Panama City

174 DAYS ON ROCKET

+97 Days

$375,000

+$35.5K More

$507/SqFt

+$305 More

KEY TAKEAWAY

This property is $35.5K more than the Median Sold Price and $305/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: #757901

Listing Office:

  • Office Name: Coastal Living Realty & Associates

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, 6:20:52 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

$2,663

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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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-541707
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-541708
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.39 miles

  • Public District Grades KG-5

school-card-donut-541709
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. Most Panama City, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8743 Thomas Dr Unit 518

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 518 property is $375,000.

What type of property is this?

The property 8743 Thomas Dr Unit 518 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 518 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 518 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 518 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 518 is 1984.

Rocket Homes›Florida›Bay County›Panama City›32408›8743 Thomas Dr Unit 518

This home is located at 8743 Thomas Dr Unit 518 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 May 31, 2024 and is currently priced at $375,000.

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. While the average time on the market in October 2024 was 77 days, the median list price was $339,477.

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

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