8743 Thomas Drive #525 $342,500


    8743 Thomas Drive #525 Panama City Beach, FL 32408

    Active Under Contract
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    • 1 Beds
    • 2 Baths
    • 740 sq. ft.
    • Condo/Townhouse
    • MLS# 724347
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    Views: 4 Days On Site: 52

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    Property Details

    CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS Come enjoy all the Summit has to offer! This turnkey rental ready unit comes fully furnished and comfortably sleeps 6 with bunks in the hallway. Located on the desirable 5th floor, the unit is perfect for sitting on the balcony and enjoying the views of the beautiful beach and the Emerald water. Large master bedroom with plenty of room. New refrigerator, curtains, linens and smart thermostat. Flooring was replaced in 2021. Conveniently located to restaurants and shopping. Great rental history. Grossed $34,688 in 2021 from June-Nov. 2022 is off to a great start as well with $14,000 on the books so far. This is a great chance to own your own investment property or just enjoy it for yourself. Don't let this opportunity pass you by!

    • General Features
      • Tax Year 2021
      • Year Built 1984
      • Tax Annual Amount $2,178
      • Subdivision Name Summit
      • Property Sub Type Condominium
      • Mlsarea Major 03 - Bay County - Beach
      • County Or Parish Bay
    • Building Features
      • Community Features Beach, Cable TV, Gated, Pool, Short Term Rental Allowed
      • Building Features Error: ClassID in tblMLSFieldPropertyType is null.
      • Bedrooms 1
      • Bathrooms 2
      • Half Bathrooms 1
      • Full Bathrooms 1
      • Architectural Style High Rise
      • Appliances Dryer,Electric Range,Electric Water Heater,Refrigerator,Washer
      • Garage Y/N false
      • Furnished Furnished
      • Exterior Features Balcony, Pool
      • Patio And Porch Features Balcony
      • Living Area 740
    • Property Features
      • Association Fee $1,788
      • Association Fee Includes Association Management, Clubhouse, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Trash, Water
      • Association Y/N true
      • Association Amenities Beach Rights, Dock
      • Lot Size Dimensions 0x0
      • Association Fee Frequency Quarterly
      • Waterfront Y/N true
      • Waterfront Features Gulf
      • Pool Features In Ground, Community, Pool
      • Parking Features Parking Lot
    • Schools
      • Middle Or Junior School Breakfast Point
      • High School Arnold
      • Elementary School Breakfast Point


    Patrick Pate

    Patrick Pate


    Beach Haven Realty

    Direct: 205-966-1160


    32408 (Panama City Beach) Demographics

    41 Median Age
    728 Population Density (per sq. mile)
    44% College Educated
    $57,643 Estimated Median Income
    5,239 Estimated Total Home Owners
    2,731 Estimated Total Renters
    66% / 34% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    18,864 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $425,000 Median Sales Price
    129 Homes Sold
    194 New On Market

    Average Days on Site

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $342,500
        4/1/2022 4:47:59 PM Status Changed Source: Multiple Listing Service New Value: Under Contract - Taking Backups
        3/30/2022 1:19:00 AM New in Database Source: Multiple Listing Service New Value: $342,500

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.