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$359,900 Just Listed
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Property Description
Rare opportunity at The Summit! Unit 423 is a comfortably updated 1-bedroom, 2-full private bath condo positioned on the quieter east side of the building, offering a more tranquil coastal setting and serene views. Sold fully furnished and rental ready, this turnkey residence blends comfort with exceptional convenience--ideal as a beach retreat, investment property, or short-term rental. The Summit offers a wide range of beachfront amenities designed for comfort, recreation, and convenience: "¢ Two beachfront pools, including one seasonally heated pool "¢ Two poolside hot tubs, two children's pools, and an indoor sauna "¢ Exercise room, game room, shuffleboard, and lighted pickleball courts "¢ On-site ice cream shop, gift shop, convenience store, and Bikini Bob's Grill & Bar The property is ideally situated near Panama City Beach attractions, dining, entertainment, and nightlife. Tootsie's Orchid Lounge is next door, with popular destinations such as Pirates Voyage Dinner & Show, Topgolf, and McGuire's Irish Pub nearby. All information is deemed reliable but not guaranteed. Buyer should verify any details that are important.
Full Property Details
Full Property Details for 8743 Thomas Dr #423
General
- Price: $359,900
- HOA FEE: $748/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,507 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 793682
- Updated: 8/6/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Tub Shower
- Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Game Room, Sauna, Spa/Hot Tub
- Pool: Yes
- Pool Description: Gunite, Electric Heat, In Ground, Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Closed Circuit Camera(s), Gated with Guard, Gated Community, 24 Hour Security, Security Lights, Fire Alarm, Security Gate, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Paved, Parking Lot, Gated
Location
- County: Bay
- Subdivision: The Summit
- Driving Directions: Front Beach Road, South on Joan Ave., Right onto Thomas Drive, The Summit will be the left (Beachside).
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- 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
- 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
- Association Fee: $2,245
- Assoc Fee Freq.: Quarterly
- Tax Amount: $3,507.73
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: Condominium Unit No. 423, The Summit, a Condominium, all as set forth in the Declaration of Condominium and the exhibits annexed thereto and forming a part thereof, recorded in Official Records Book 989, at Page 1046, of the Public Records of Bay County, Florida. See Deed for full legal description.
- Property ID: 30236-105-000
Listed by Paradise Realty
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Schools
Schools serving 8743 Thomas Dr #423
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 #423
Date
Details
Price
Change
Source
8/06/2026
Listed
$359,900
-4.03%
MLS
8/08/2023
Sold
$375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8743 Thomas Dr #423
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,876
-27%
$263,500
-14%
2024
$3,948
21%
$307,700
7%
2023
$3,274
23%
$287,215
17%
2022
$2,672
20%
$246,500
42%
2021
$2,234
—
$173,103
5%
2021
$2,234
26%
$164,900
17%
2019
$1,772
4%
$141,312
6%
2018
$1,710
14%
$133,450
3%
2017
$1,500
5%
$129,625
6%
2016
$1,432
1%
$122,230
10%
2015
$1,412
15%
$111,265
10%
2014
$1,225
22%
$101,150
11%
2013
$1,003
—
$90,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8743 Thomas Dr #423
8743 Thomas Drive #423, Panama City, FL 32408 (MLS# 793682) is a Condo property with 1 bedroom and 2 full bathrooms. 8743 Thomas Drive #423 is currently listed for $359,900 and was received on August 06, 2026. Want to learn more about 8743 Thomas Drive #423? 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.

