8743 Thomas Drive 1105, Panama City, FL 32408 (MLS# 787371)

8743 Thomas Drive 1105, Panama City, FL 32408

$295,000

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 740 Status: Sold

Current Price: $295,000 List Date: 3/25/2026 Last Modified: 6/04/2026

Overview

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door– adding even more excitement, value, and rental potential for the future to an alrea … (Read more)

Listing Details MLS# 787371

Contract Info

List Price/SqFt: 423.65

Location

Area: 03 – Bay County – Beach
Street #: 8743
Street Name: Thomas
Street Suffix: Drive
Unit #: 1105
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Summit
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 30236-311-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: From US Highway 98, turn onto Joan Ave, then right onto Thomas Drive. Complex will be on the left.
Legal Description: THE SUMMIT UNIT 1105 1BR 1.5B 740 H&C ORB 989 P 1046 . PLAN A ORB 4552 P 994 .

General Property Info

Sub-Type: Condominium
Floor Number: 11
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 740
SqFt Source: Prop App Site
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
# of Stories in Building: 15
# of Units in Bldg: 449
Units Above Ground: 449
Year Built: 1984
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Status Change Info

Under Contract Date: 2026-05-07
Sold Date: 2026-06-04
Sold Price/SqFt: 398.65

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 2245
HOA Frequency: Quarterly
HOA Annual Amount: 8980
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 250
New Buyer Fee Paid: $
Last Taxes: 3508
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door– adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential. Resort Amenities: • Gated Community • 24/7 Onsite Security • Private Beach Access • 2 Pools and 2 Hot Tubs (7am-11pm) • Fitness Center and Sauna (7am-11pm) • Basketball Court • Tennis Court • Pickleball Court • 2 Shuffleboards • Tiki Bar (Seasonal) • Bikini Bob's (Seasonal) • Game Room (8am-11pm) • Charcoal Grills & Picnic Area

More Information

Balcony

First: Yes

Pool Features

Gunite Concrete: Yes
Heated – Gas: Yes
Inground: Yes

Appliances

Cooktop – Electric: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Oven – Electric: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer/Dryer Stacked: Yes
Water Heater – Electric: Yes

Interior Features

Breakfast Bar: Yes
Elevator: Yes
Floor – Tile: Yes
Window – Treatment All: Yes

Construction/Siding

Roof – Metal: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes

Association Fees Include

Accounting: Yes
BBQ Pit/Grill: Yes
Exercise Room: Yes
Game Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Insurance: Yes
Management: Yes
Picnic Area: Yes
Pool: Yes
Sauna/Steam Room: Yes
Sewer: Yes
Trash Disposal: Yes
Water: Yes
Whirlpool: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Bunk Hallway: Yes

Living Room

First: Yes

Lot Access

City Street: Yes
Paved Road: Yes

Parking Features

Electric Gate: Yes
Gated: Yes
Parking Lot: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Dumpster: Yes
Elevators: Yes
Exercise Room: Yes
Game Room: Yes
Gated Community: Yes
Pool: Yes
Waterfront: Yes
Whirlpool: Yes

Rooms

Balcony: Yes
Bedroom: Yes
Living Room: Yes

Utilities

Cable – Available: Yes
Electricity – Connected: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Waterfront Type

Gulf: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes
Forced Air: Yes

Security Features

24 Hour Security: Yes
Building Security: Yes
Gated Community: Yes
Gated with Guard: Yes
Security Guard: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer/Dryer Stacked; Water Heater – Electric Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric; Forced Air Exterior: Balcony Association Fees Include: Accounting; BBQ Pit/Grill; Exercise Room; Game Room; Gated Community; Insurance; Ground Keeping; Management; Picnic Area; Pool; Sauna/Steam Room; Sewer; Whirlpool; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Interior: Bunk Hallway Living Room: First Lot Access: City Street; Paved Road Balcony: First Pool Features: Gunite Concrete; Heated – Gas; Inground Security Features: 24 Hour Security; Building Security; Gated Community; Gated with Guard; Security Guard; Smoke Detector(s) Parking Features: Electric Gate; Gated; Parking Lot Association Amenities: BBQ Pit/Grill; Beach; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Pool; Whirlpool; Waterfront Rooms: Balcony; Bedroom; Living Room Sale Type: As Is Utilities: Cable – Available; Electricity – Connected; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Bedroom	First	12 x 15	12.00	15.00	King bed
Living Room	First	18 x 15	18.00	15.00	Beautiful Gulf View
Balcony	First	15 x 6	15.00	6.00	Relax and Enjoy

Listing Office: Coastal Living Realty & Associates

Last Updated: June – 04 – 2026

Information deemed reliable but not guaranteed.