8743 Thomas Drive, Unit 1020

Panama City, FL 32408

$318,000
Price
1
Beds
1
Bath
1
1/2 Bath
740 Sq. Ft.
$430 / Sq. Ft.
740
Sq. Ft.
$430
per Sq. Ft.

Description

Convenient 10th floor 1 Bedroom/1.5 Bath unit near center elevators. The Summit is a highly desirable beachfront condominium property with a long history of exceptional rental income. This 10th floor unit overlooking the east pool offers 1-bedroom with a king size bed, plus hallway bunk beds and a queen sofa sleeper. This brightly painted and well-maintained condo comes fully furnished and rental ready, with all appliances and furnishings. Unit has new sliding glass door and windows with breathtaking...Convenient 10th floor 1 Bedroom/1.5 Bath unit near center elevators. The Summit is a highly desirable beachfront condominium property with a long history of exceptional rental income. This 10th floor unit overlooking the east pool offers 1-bedroom with a king size bed, plus hallway bunk beds and a queen sofa sleeper. This brightly painted and well-maintained condo comes fully furnished and rental ready, with all appliances and furnishings. Unit has new sliding glass door and windows with breathtaking Gulf views from the balcony. The resort offers an abundance of amenities, including 2 large pools, 2 kiddie pools, 2 outdoor hot tubs, 1 indoor hot tub, dry saunas, fitness center, shuffleboard courts, tennis/pickleball courts, Bar-b-que grills & picnic areas, poolside tiki bar and Bikini Bob's restaurant. This beachfront condominium is across the street from numerous amusement rides and restaurants and close to shopping and sports complexes. All information is approximate and should be verified by buyers if important. Seller will consider owner financing (terms: 20% down, 8% interest rate, 30yr amortization, 5yr balloon).
  1. Listed by Mark Peery • Top Producers Real Estate Ctr

Property Details for 8743 Thomas Drive, Unit 1020

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Gulf, Shoreline Sand
Parking Features
Additional Parking, Gated, Paved, Parking Lot
Subdivision Name
Summit
View
Gulf
Zoning Description
Resort
View
Yes
LISTING UPDATED: 09/26/2024 10:07 PM

Property Details for 8743 Thomas Drive, Unit 1020

StatusActive
MLS #759805
Days on Market131
Taxes$3,195 / year
HOA Fees$2,173 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built1984
CountyBay County

Building Information for 8743 Thomas Drive, Unit 1020

Building/Complex8743 Thomas DrFloor10Stories15Residences449Pet Policy-Year Built1984

Property Information for 8743 Thomas Drive, Unit 1020

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: 8743 Thomas Drive. Heading west on Thomas Drive the 15 story complex will be on your left hand side.
  • Postal Code: 32408
  • Latitude: 30.167797
  • Longitude: -85.792308
  • State Or Province: FL
  • Road Frontage Type: City Street
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
  • Accessibility Features: Common Area
Taxes and HOA Information
  • Parcel Number: 30236-294-000
  • Association Fee: $2,173.00
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Association Management, Cable TV, Internet, Legal Accounting, Maintenance Grounds, Pest Control, Phone, Pools, Sewer, Security, Tennis Courts, Trash, Water
  • Association: Yes
  • Tax Annual Amount: $3,195.00
  • Tax Legal Description: THE SUMMIT UNIT 1020 1BR 1.5B 740 H&C ORB 989 P 1046 ORB 3666 P 1723 PLAN A
  • Tax Year: 2023
School Information
  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point
Parking
  • Garage: No
  • Other Parking: Driveway Spaces:1.00
Property
Lot Information
  • Lot Size Dimensions: 0x0
  • Living Area: 740.0
  • Living Area Source: Appraiser
Property and Assessments
  • Senior Community: No
  • Year Built: 1984
  • Public Survey Range: 15W
  • Public Survey Section: 6
  • Human Modified: No
Utilities
  • Utilities: Cable Connected, Electricity Connected, Other, Sewer Connected, Trash Collection, Water Connected, Phone Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony, Sprinkler Irrigation
  • Pool Features: Gunite, Gas Heat, In Ground, Community
  • Association Amenities: Picnic Area
  • Community Features: Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Other, Park, Pool, Sauna, See Remarks, Short Term Rental Allowed, Sidewalks, Tennis Courts
  • Construction Materials: Concrete, Stucco
  • Foundation Details: Pillar Post Pier
  • Patio And Porch Features: Balcony, Covered, Patio, Terrace
  • Security Features: Building Security, Gatedwith Guard, Item24Hour Security, Smoke Detectors, Security Service
  • Roof: Membrane
Interior Features
  • Entry Level: 1
  • Stories Total: 15
  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total: 2
  • Bedrooms Total: 1
  • Cooling: Yes
  • Cooling: Central Air, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Furnished
  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
  • Window Features: Double Pane Windows
Room Information
Room 1
  • Room Area: 105.0
  • Room Description: Direct to gardens & pool deck
  • Room Dimensions: 15 x 7
  • Room Length: 15.0
  • Room Level: First
  • Room Width: 7.0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 449
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 8743 Thomas Drive, Unit 1020

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8743 Thomas Drive, Unit 1020

Taxable ValueLand-Additions$287,215Total-
Tax Record2023$3,195 ($266 / month)
Home Facts
Beds1Total Finished SqFt740 SqFtAbove Grade Finished SqFt740 SqFtStories1StyleCondominiumYear Built1984CountyBAYAPN30236-294-000

Schools near 8743 Thomas Drive, Unit 1020

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 3
Public - PK to 5
Rating
School
Distance
Breakfast Point Academy
PublicPK to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

St. Andrew School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8743 Thomas Drive, Unit 1020 is a condo for sale in Panama City, FL 32408. This property was listed for sale on July 12, 2024 by Top Producers Real Estate Ctr, it's currently listed at $318,000. It has been on the market for a total of 131 days and was last sold on January 5, 2015. This listing's school district is Bay. Nearby schools include Breakfast Point Academy, J.R. Arnold High School and A. Gary Walsingham Academy. 8743 Thomas Drive, Unit 1020 is a 1-bed, 1.5-bath, 740 sqft condo built in 1984.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Top Producers Real Estate Ctr

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