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$354,900
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Property Description
Remarks: This stunning, fully updated 1 Bedroom 1.5 Bath lower-level condo offers a coastal and turnkey rental opportunity. Features include Complete renovation with all new electrical, plumbing, water heater and HVAC. Drop ceilings with recessed lighting for bright, clean look. New finishes throughout including doors, trim, flooring, and paint. Custom built-in bunks. Updated kitchen with new custom cabinets, granite countertop, stylish backsplash and shiplap accents. Bathrooms completely redone new walk-in tile shower, new vanities with granite tops, new toilets, and oversized mirror. New appliances, furniture and accessories included. Turnkey and rental-ready, this unit is the perfect blend of comfort, style, and investment opportunity. The Summit offers a fantastic outdoor area featuring two pools, including one that's heated in the winter, along with a tiki bar. On-site amenities include Bikini Bob's Restaurant, a market, and convenient beach service. The Summit is located on Thomas Drive, close to popular restaurants, entertainment, and the new Tootsies right next door.
Full Property Details
Full Property Details for 8743 Thomas Dr #422
General
- Sold For: $354,900
- Taxes: $3,429 (2024)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 778577
- Added to Site: 263 day(s) ago
Interior
- Number of Rooms: 2
- 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: Business Center, Gated, Barbecue, Sauna, Spa/Hot Tub
- Pool: Yes
- Pool Description: Gas Heat, In Ground, Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Building Security, Fire Sprinkler System, Security Gate, Gated Community, 24 Hour Security, Security Lights, Fire Alarm, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Parking Lot
Location
- County: Bay
- Subdivision: Summit
- Driving Directions: Right off Joan Ave. The Summit is 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
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Doors: Insulated Doors
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Additional Structures
- Other Structures: Tennis Court(s)
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0 x 0
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $3,429
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMIT UNIT 422 1BR 1.5B 740 H&C ORB 996 P 517 TYPE A
- Property ID: 30236-104-000
Listed and Sold by Anchor Realty Florida
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Schools
Schools serving 8743 Thomas Dr #422
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 #422
Date
Details
Price
Change
Source
5/01/2026
Sold
$354,900
-1.55%
MLS
2/07/2026
Price Reduced
$360,500
-2.44%
MLS
9/04/2025
Listed
$369,500
—
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 #422, Panama City, FL 32408 (MLS# 778577) is a Condo property that was sold at $354,900 on May 01, 2026. Want to learn more about 8743 Thomas Drive #422? 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.

