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Back 201/8743 Thomas Drive
Off Market

201/8743 Thomas Drive

Panama City Beach FL 32408

2
2
985 sq. ft.
Condo
Last sold for $425,000
Tyler S SmithTyler S Smith, last sold this property on 14 May 2025 after 196 days on market.

Overview

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Stunning Gulf-View Corner Unit: $46K (2022), $54K (2023), $54K YTD (2024) in Rental Income and already over $21k booked for 2025! Unit 201 at The Summit Beach Resort is a proven investment opportunity and an inviting coastal retreat. This stunning 2-bedroom, 2-bathroom corner condo is located on the 2nd floor, offering easy access with no need for elevators. Spanning 985 sq. ft., the west-facing unit boasts breathtaking Gulf sunsets from a private balcony and comes fully furnished in a chic coastal style, comfortably sleeping seven guests. The primary suite features a king bed and an upgraded en suite bathroom with a walk-in shower, while the second bedroom includes a twin and full-size bed with convenient guest bath access. Enjoy a cozy living area with a queen sleeper sofa, a fully equipped kitchen with stainless steel appliances, and outdoor seating on the balcony to soak in the views. The Summit Beach Resort offers exceptional amenities, including two heated pools, hot tubs, a Tiki bar, and direct beach access. Located next to the soon-to-open Tootsies, you'll have incredible entertainment right at your doorstep, along with convenient proximity to popular restaurants like Hammerhead Fred's and Longboards, family-friendly attractions such as WonderWorks and Shipwreck Island, and outdoor adventures at Saint Andrew's State Park. Unit 201 combines comfort, convenience, and proven rental success with even more exciting nearby developments to come!

Features

2 bedrooms
2 bathrooms
985 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Panama City Beach over the last 12 months, the estimated median property value of 201/8743 Thomas Drive is $415k.

Median value
$415k
Estimated value range
$169k - $975k
Median days on market
102
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Panama City Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 201/8743 Thomas Drive

2025
Sold
$425,000
14 May 2025 by Tyler S Smith, of Beach Haven Realty
2022
Sold
$434,000
13 Apr 2022 by Jo Lisa Cochran, of Coldwell Banker Carroll Realty
2021
Sold
$274,900
31 Mar 2021 by Mike Rylee, of Beach Time Realty Inc

Happy sellers in Panama City Beach

89%
89% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 19 reviews in Panama City Beach over the last 12 months.

Local market activity for 2 bedroom condos in Panama City Beach

In the last 12 months, 183 two-bedroom condos similar to 201/8743 Thomas Drive, have been sold.

This represents a 2% increase in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City Beach

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Zack Seltzer

Zack Seltzer is an award winning recommended agent for Panama City Beach.  They have 28 local sales and collected 10 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  10 Reviews in Panama City Beach
  •  28 Sales in Panama City Beach
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Alice de La Penha

Alice de La Penha is an award winning recommended agent for Panama City Beach.  They have 20 local sales and collected 7 local reviews across the last 12 months.

  •   5   (144 reviews)
  •  7 Reviews in Panama City Beach
  •  20 Sales in Panama City Beach
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Sean Casilli

Sean Casilli is a recommended agent for Panama City Beach.  They have collected 6 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  6 Reviews in Panama City Beach
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Tyler S Smith

Sellers who recommend Tyler S Smith have praised them for being clear communication, responsive, local expert, great negotiation, detail-oriented, proactive, and friendly

  •   5   (64 reviews)
  •  6 Reviews in Panama City Beach
  •  6 Sales in Panama City Beach
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