8743 Thomas Drive #331, Panama City Beach, FL 32408 - Photo 1

1/1

$255,000

Sold
Closed
Condo
1 Bed
2 Full Baths

1/1

Property Description

THE BEST PRICED UNIT AT THE SUMMIT! This third floor one bed, two bath unit offers stunning Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought after buildings. The interior offers several updates throughout, including shiplap accents in the bath, dining, and living areas, while the upgraded kitchen features new appliances and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or retiree. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs (as seen in photos), while Tootsie's night club is quickly being built next door-adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located lower floor unit with tremendous upside and future rental potential. Inquire for all details!

Full Property Details

Full Property Details for 8743 Thomas Dr #331

General

Sold For: $255,000
Status: Closed
Type: Condo
Source: Bay_County
MLS ID: 781183
Added to Site: 120 day(s) ago

Interior

Number of Rooms: 4
Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 1

Additional Information

Shared Amenities: Game Room
Pool: Yes
Private Pool: Yes
Pool Description: In Ground, Community, Private
Security/Safety: 24 Hour Security, Security Guard, Security Service

Exterior

Exterior Features: Patio
Porch/Patio/Deck: Enclosed, Patio

Location

County: Bay
Subdivision: Summit
Driving Directions: The Summit is located on Thomas Drive, across from Hammerhead Fred's.

School Information

Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold

Community

Community Name: 03 - Bay County - Beach
Association: Yes

Heating & Cooling

Central air: Yes
Air Conditioning: Yes
Cooling Type: Central Air
Heating Type: Electric

Utilities

Utility Description: Cable Connected, Electricity Available

Structural Information

Architectural Style: High Rise
Elevator: Yes
Sq. Ft. Source: Appraiser
Year Built: 1984

Lot Features

Property View: Gulf
Lot Dimensions: condo
Frontage: City Street
Zoning: County

Water Features

Water Front: Yes
Water View: Yes

Disclosures and Reports

Special Conditions: Listed As-Is
Legal Description: THE SUMMIT UNIT 331 1 BR 1.5 B H&C ORB 989 P 1046 PLAN A ORB 4569 P 270
Property ID: 30236-081-000

Listed by Anchor Realty Florida
Sold by Lifes A Beach Real Estate, LLC

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— 8743 Thomas Dr #331 —

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Schools

Schools serving 8743 Thomas Dr #331

School District:Bay County School District

Name	Grades	Distance
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407	K-8	1.9 mi
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407	9-12	2.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 8743 Thomas Dr #331

Date

Details

Price

Change

Source

2/10/2026

Sold

$255,000

-5.52%

MLS

11/22/2025

Price Reduced

$269,900

-3.57%

MLS

11/04/2025

Listed

$279,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2
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8743 Thomas Drive #331, Panama City Beach, FL 32408 (MLS# 781183) is a Condo property that was sold at $255,000 on February 10, 2026. Want to learn more about 8743 Thomas Drive #331? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

8743 Thomas Dr #331 Panama City Beach, FL 32408