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$295,000
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Property Description
UPDATES AND NEW PHOTOS COMING SOON! 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: Emerald_Coast
- MLS ID: 971219
- Added to Site: 559 day(s) ago
Rental Information
- Complex Features: Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Dumpster, Game Room, Gated Community, Pool, Tennis
Interior
- Number of Rooms: 3
- Interior Features: Hallway Bunk Beds
- Appliances: Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer
- Furnishings: Furnished - All
- Flooring: Floor Tile, Floor Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Exterior
- Exterior Features: Balcony
Location
- Area: 27 - Bay County
- 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
- Association: Yes
- Assoc. Fees Include: Ground Keeping, Insurance, Internet Service, Recreational Faclty, Sewer, Water, Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Ceiling Fans, Central Air
- Heating Type: Central
- Heating/Cooling: Central, Ceiling Fans, Central Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electric, Public Water, TV Cable
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Square Feet: 740
- Sq. Ft. Source: Appraiser
- Year Built: 1984
Lot Features
- Property View: Gulf
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Type: Gulf
Financial Considerations
- Assessment Amount: $2,243
- Tax Amount: $3,712
- Tax Year: 2023
Disclosures and Reports
- Legal Description: THE SUMMIT UNIT 1012 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4539 P 1371
- APN: 30236-286-000
- Property ID: 30236-286-000
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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 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
10/03/2025
Price Reduced
$305,000
-1.61%
MLS
8/05/2025
Price Reduced
$310,000
-3.12%
MLS
6/24/2025
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# 971219) is a Condo property that was sold at $295,000 on May 08, 2026. This property was sold by Candace Floyd from our Niceville Office.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.


