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$300,000
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Property Description
This 1-bedroom, 1.5-bath unit at The Summit delivers exactly what investors want: an unbeatable Gulf view, updated interiors, and a location that's about to explode in value. Step inside to LVP flooring throughout, a bright open layout, and a private balcony overlooking the sugar-white sand and emerald water. It sleeps great, rents easily, and stays booked-exactly what Summit buyers chase. The Summit is loaded with amenities: two huge beachfront pools, indoor hot tubs, a tiki bar, Bikini Bob's café, tennis courts, fitness center, sauna, game room, on-site security, laundry facilities, and direct beach access. Families, snowbirds, and spring/summer travelers love this place year after year. Location just got even hotter-Tootsies is being built right next door on Thomas Drive, instantly making this one of the most desirable ''walk-to-everything'' spots on the east end. Between nightlife, dining, the beach, and Summit's proven ROI history, Unit 227 is a no-brainer investment. If you want a high-demand Gulf-front rental at a price point that still makes sense, this is it.
Full Property Details
Full Property Details for 8743 Thomas Dr #227
General
- Sold For: $300,000
- Taxes: $3,895 (2024)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 782447
- Added to Site: 88 day(s) ago
Interior
- Number of Rooms: 2
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Beach Rights, Game Room, Gated, Barbecue, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
Parking
- Garage: Yes
Location
- County: Bay
- Subdivision: The Summit
- Driving Directions: at Thomas and Joan Ave head west Summit on left
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Utilities
- Utility Description: Electricity Available
Structural Information
- Architectural Style: High Rise
- Sq. Ft. Source: Appraiser
- Year Built: 1984
Lot Features
- Lot Dimensions: 0 x 0
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf
- Water Front View: Gulf
Financial Considerations
- Tax Amount: $3,895
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMIT UNIT 227 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4461 P 1476
- Property ID: 30236-045-000
Listed by Dalton Wade Inc
Sold by Legacy Premier Agency
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Schools
Schools serving 8743 Thomas Dr #227
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 #227
Date
Details
Price
Change
Source
2/27/2026
Sold
$300,000
—
MLS
1/13/2026
Price Reduced
$300,000
-4.76%
MLS
12/06/2025
Listed
$315,000
—
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 #227, Panama City, FL 32408 (MLS# 782447) is a Condo property that was sold at $300,000 on February 27, 2026. Want to learn more about 8743 Thomas Drive #227? 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.

