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$239,000 Just Listed
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Property Description
Priced to Sell! Your Panama City Beach Investment Opportunity Awaits at Top of the Gulf - Unit A516. Seller will pay the HOA dues for the remainder of 2026 with a full asking offer!! Don't miss this incredible opportunity to own Unit A516 at Top of the Gulf, one of Panama City Beach's most affordable Gulf-front communities! Whether you're searching for a vacation getaway, a proven income-producing investment, or your own beach retreat, this condo offers exceptional value at a price point that's hard to beat. This well-maintained unit boasts a proven rental history, making it an ideal turnkey investment with immediate income potential. Guests love the unbeatable location on Thomas Drive, placing you just minutes from Panama City Beach's best attractions while enjoying direct beach access and resort-style amenities. The complex features a Gulf-front pool, fitness center, game room, picnic areas, and easy access to the sugar-white sands and emerald waters that make Panama City Beach a premier vacation destination. Convenience is another major highlight. You'll be just moments from an incredible selection of shopping, restaurants, entertainment, and family attractions. Plus, the exciting new Tootsie's Orchid Lounge is just a short walk away, giving owners and guests easy access to one of the area's newest entertainment hotspots. Whether you're adding to your investment portfolio or purchasing your first beach property, Unit A516 delivers the perfect combination of affordability, rental performance, and location. At this price, opportunities like this don't stay on the market long. Schedule your private showing today and start living the beach lifestyle while your investment works for you!
Full Property Details
Full Property Details for 8817 S Thomas Dr #A516
General
- Price: $239,000
- HOA FEE: $525/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 793482
- Updated: 8/3/2026
- Added to Site: 6 day(s) ago
Interior
- Number of Rooms: 1
- Appliances: Electric Oven, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Shared Amenities: Beach Rights, Game Room, Barbecue
- Pool: Yes
- Pool Description: Community
Parking
- Parking Features: Additional Parking, Parking Lot
Location
- County: Bay
- Subdivision: Top Of The Gulf Condo.
- Driving Directions: From Pineapple Willys on Thomas Drive head east. Top of The Gulf Condos on right.
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: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: High Rise
- Windows: Storm Window(s)
- Doors: Storm Door(s)
- Sq. Ft. Source: Appraiser
- Year Built: 1976
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Frontage: City Street
- Zoning: Resid Multi-Family, Resort
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Association Fee: $525
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: TOP OF THE GULF CONDO UNIT A-516 ORB 504 P 566 EFF 1B 489 H&C ORB 4690 P 321
- Property ID: 34994-216-000
Listed by Beach Haven Realty
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Schools
Schools serving 8817 S Thomas Dr #A516
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 1.8 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.8 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 8817 S Thomas Dr #A516
Date
Details
Price
Change
Source
8/03/2026
Listed
$239,000
6.22%
MLS
5/17/2023
Sold
$225,000
—
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 8817 S Thomas Dr #A516
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,097
-22%
$192,100
-6%
2024
$2,704
17%
$204,000
—
2023
$2,302
49%
$204,000
77%
2021
$1,546
-14%
$115,175
-25%
2022
$1,790
16%
$154,275
45%
2021
$1,546
44%
$106,595
31%
2019
$1,074
13%
$81,600
19%
2018
$950
28%
$68,396
9%
2017
$742
9%
$62,475
11%
2016
$679
5%
$56,525
10%
2015
$648
11%
$51,425
10%
2014
$583
17%
$46,750
6%
2013
$500
—
$43,900
—
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 8817 S Thomas Dr #A516
8817 S Thomas Drive #A516, Panama City, FL 32408 (MLS# 793482) is a Condo property with 0 bedrooms and 1 full bathroom. 8817 S Thomas Drive #A516 is currently listed for $239,000 and was received on August 03, 2026. Want to learn more about 8817 S Thomas Drive #A516? 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.

