2 months on rocket

8743 Thomas Dr Unit 928, Panama City Beach, FL, 32408

$369,000

Home List Price

$4,382*

Closing Credit

1 Bedroom
2 Full Baths
740 SqFt
$499/SqFt
Condo

Location

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8743 Thomas Dr Unit 928, Panama City Beach$369,000

Buyer Closing Credits

$4,382*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Electric
WaterfrontGulf
ViewGulf
MLS #762917
StatusActive

About 8743 Thomas Dr Unit 928

The time is now to take advantage of the interest rate drops and seize your piece of the Emerald Coast! This captivating 9th floor fully furnished Summit unit sits in the heart of Panama City Beach close to all of the area's top attractions! This unit has been meticulously maintained while performing as a successful rental for years. This property includes new flooring and paint throughout, updated furniture in the living room, and a stunning view of the world's most beautiful beach! The Summit has long been the short term rental staple of Panama City Beach, offering the ideal location for a beach vacation with one of the top pool areas in all of Bay county. Contact your favorite agent for a showing!

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Anchor Realty Florida

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Range, Refrigerator, Trash Compactor

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Turn South on Joan Avenue, turb right onto Thomas Drive, the Summit will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,000
  • Price Per SqFt: $499/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.

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

8743 Thomas Dr Unit 928 vs Panama City Beach

81 DAYS ON ROCKET

-23 Days

$369,000

-$85.5K Less

$499/SqFt

+$178 More

KEY TAKEAWAY

This property is $85.5K less than the Median Sold Price and $178/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: #762917

Listing Office:

  • Office Name: Anchor Realty Florida

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: 12/21/2024, 11:20:59 PM 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

$2,633

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,173

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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-816825
7
/10
  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.73 miles

  • Public District Grades KG-5

school-card-donut-816826
5
/10
  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 3.39 miles

  • Public District Grades KG-5

school-card-donut-816827
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 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 928

What is the listing price of this property?

The listing price of 8743 Thomas Dr Unit 928 property is $369,000.

What type of property is this?

The property 8743 Thomas Dr Unit 928 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 8743 Thomas Dr Unit 928 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 928 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 8743 Thomas Dr Unit 928 is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8743 Thomas Dr Unit 928 is 1984.

Rocket HomesFloridaBay CountyPanama City Beach324088743 Thomas Dr Unit 928

This home is located at 8743 Thomas Dr Unit 928 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 October 01, 2024 and is currently priced at $369,000.

While more than 8 listings in Panama City Beach, FL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 90 were sold below. The number of homes for sale in Panama City Beach, FL increased by 1% between October 2024 and November 2024. 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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