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1/23
$305,000
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1/23
Property Description
***SELLER WILL CONSIDER ALL OFFERS!*** The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach, and unit 1012 is ready for you to take part! This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring --En-suite bath off the main bedroom with shower/tub combo --2 twin bunks in the hall --Half bath in the hall --Sleeper sofa in living room --Compact kitchen with all necessities --Extra counter space, drawers, and cabinets --Full size Amana washer and dryer --Tile in hall, baths, and kitchen/dining/living room --GE electric stove --Built-in microwave --Hotpoint refrigerator --Double sink --Dining table with 4 chairs --7' x 15' balcony with outdoor furniture The Summit grounds feature a gated entrance, 24-hour security, 2 pools (one heated seasonally), 2 hot tubs, 2 kiddie pools, a poolside Tiki Bar, a full-service restaurant (Bikini Bob's), fitness center, game room, ice cream/snack and gift shops, jet ski rentals, shuffleboard, and lighted tennis/pickleball courts.
Full Property Details
Full Property Details for 8743 Thomas Dr #1012
General
- Price: $305,000
- Taxes: $3,712 (2023)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 770342
- Updated: 1/5/2026
- Added to Site: 309 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Game Room, Gated, Barbecue, Spa/Hot Tub
- Pool: Yes
- Pool Description: In Ground, Community
- Security/Safety: 24 Hour Security, Security Gate, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Paved, Parking Lot, Gated
Location
- County: Bay
- Subdivision: Summit
- Driving Directions: The Summit is located on Thomas Drive between Joan Avenue and S Thomas Drive.
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, Ceiling Fan(s)
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: High Rise
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf
- Lot Dimensions: NO LAND
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Shoreline - Sand
- Water Front View: Shoreline - Sand
Financial Considerations
- Tax Amount: $3,712
- Tax Year: 2023
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMIT UNIT 1012 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4539 P 1371
- Property ID: 30236-286-000
Listed by EXP Realty LLC
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Schools
Schools serving 8743 Thomas Dr #1012
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 2 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3 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 #1012
Date
Details
Price
Change
Source
10/24/2025
Price Reduced
$305,000
-1.61%
MLS
8/05/2025
Price Reduced
$310,000
-3.12%
MLS
6/30/2025
Price Reduced
$320,000
-5.19%
MLS
4/23/2025
Price Reduced
$337,500
-0.74%
MLS
3/14/2025
Listed
$340,000
6.92%
MLS
3/16/2022
Sold
$318,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8743 Thomas Dr #1012
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,948
6%
$307,700
7%
2023
$3,712
70%
$287,215
66%
2021
$2,179
-17%
$173,103
-30%
2022
$2,613
20%
$246,500
49%
2021
$2,179
23%
$164,900
17%
2019
$1,772
4%
$141,312
6%
2018
$1,710
14%
$133,450
3%
2017
$1,500
5%
$129,625
6%
2016
$1,426
1%
$122,230
11%
2015
$1,406
15%
$110,050
10%
2014
$1,220
22%
$100,045
10%
2013
$1,003
—
$90,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8743 Thomas Dr #1012
8743 Thomas Drive #1012, Panama City, FL 32408 (MLS# 770342) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 8743 Thomas Drive #1012 is currently listed for $305,000 and was received on March 14, 2025. Want to learn more about 8743 Thomas Drive #1012? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

