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$295,000
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Property Description
Do NOT sleep on this unit! With the new Tootsie's Orchid Lounge opening next door, The Summit is THE PLACE TO BE. Live music + entertainment + great food (even a pool!) = a new ''amenity'' for guests and owners that you don't have to pay for, so be sure to take advantage of this new attraction and get in on the great price on #1012 NOW. The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach and also has great repeat Snowbird business. 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. See the walkthrough video attached to this listing, and ask your agent for the Airbnb link as well. Thank you for your interest. We look forward to your offer!
Full Property Details
Full Property Details for 8743 Thomas Dr #1012
General
- Sold For: $295,000
- Taxes: $3,712 (2023)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 770342
- Added to Site: 446 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
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
- Construction: Concrete
- 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.: Gulf, Shoreline - Sand
- Water Front View: Gulf, 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
Sold by Non-Member Office
Get Pre-Approved Today
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 ATTOM Data Solutions 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
5/08/2026
Sold
$295,000
-3.28%
MLS
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
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8743 Thomas Drive #1012, Panama City, FL 32408 (MLS# 770342) is a Condo property that was sold at $295,000 on May 08, 2026. 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.

