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$295,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel 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 buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. 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 unit with tremendous upside and future rental potential. Resort Amenities: "¢ Gated Community "¢ 24/7 Onsite Security "¢ Private Beach Access "¢ 2 Pools and 2 Hot Tubs (7am-11pm) "¢ Fitness Center and Sauna (7am-11pm) "¢ Basketball Court "¢ Tennis Court "¢ Pickleball Court "¢ 2 Shuffleboards "¢ Tiki Bar (Seasonal) "¢ Bikini Bob's (Seasonal) "¢ Game Room (8am-11pm) "¢ Charcoal Grills & Picnic Area
Full Property Details
Full Property Details for 8743 Thomas Dr #1105
General
- Sold For: $295,000
- Taxes: $3,508 (2025)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 787371
- Added to Site: 107 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, 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, Picnic Area, Sauna, Spa/Hot Tub
- Pool: Yes
- Pool Description: Gunite, Gas Heat, In Ground, Community
- Spa Description: Community
- Security/Safety: Building Security, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Electric Gate, Gated, Parking Lot
Location
- County: Bay
- Subdivision: Summit
- Driving Directions: From US Highway 98, turn onto Joan Ave, then right onto Thomas Drive. Complex will be on the left.
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, Electric, Forced Air
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Roof: Metal
- Elevator: Yes
- Stories/Levels: 15
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Frontage: City Street
- Lot Features: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $3,508
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMIT UNIT 1105 1BR 1.5B 740 H&C ORB 989 P 1046 . PLAN A ORB 4552 P 994 .
- Property ID: 30236-311-000
Listed by Coastal Living Realty & Associates
Sold by EXP Realty LLC
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Schools
Schools serving 8743 Thomas Dr #1105
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 #1105
Date
Details
Price
Change
Source
6/04/2026
Sold
$295,000
-5.9%
MLS
4/15/2026
Price Reduced
$313,500
-1.42%
MLS
3/25/2026
Listed
$318,000
—
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 #1105, Panama City, FL 32408 (MLS# 787371) is a Condo property that was sold at $295,000 on June 04, 2026. Want to learn more about 8743 Thomas Drive #1105? 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.

