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Back 227/8743 Thomas Drive
Off Market

227/8743 Thomas Drive

Panama City Beach FL 32408

1
2
1
740 sq. ft.
Condo
Last sold for $300,000
Sandi SmithSandi Smith, last sold this property on 27 February 2026 after 82 days on market.

Overview

This 1-bedroom, 1.5-bath unit at The Summit delivers exactly what investors want: an unbeatable Gulf view, updated interiors, and a location that's about to explode in value. Step inside to LVP flooring throughout, a bright open layout, and a private balcony overlooking the sugar-white sand and emerald water. It sleeps great, rents easily, and stays booked—exactly what Summit buyers chase. The Summit is loaded with amenities: two huge beachfront pools, indoor hot tubs, a tiki bar, Bikini Bob's café, tennis courts, fitness center, sauna, game room, on-site security, laundry facilities, and direct beach access. Families, snowbirds, and spring/summer travelers love this place year after year. Location just got even hotter—Tootsies is being built right next door on Thomas Drive, instantly making this one of the most desirable ''walk-to-everything'' spots on the east end. Between nightlife, dining, the beach, and Summit's proven ROI history, Unit 227 is a no-brainer investment. If you want a high-demand Gulf-front rental at a price point that still makes sense, this is it.

Features

1 bedroom
2 bathrooms
1 carspace
1 garage space
740 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Panama City Beach over the last 12 months, the estimated median property value of 227/8743 Thomas Drive is $286k.

Median value
$286k
Estimated value range
$100k - $420k
Median days on market
94
Estimated value trend
-6%
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 227/8743 Thomas Drive

2026
Sold
$300,000
27 Feb 2026 by Sandi Smith, of Dalton Wade | Florida
2021
Sold
$305,000
17 Sep 2021 by Melisa Caporella, of Jim Free Realty LLC
2015
Sold
$122,110
30 Oct 2015 by Diane McKay, of Coldwell Banker Carroll Realty

Happy sellers in Panama City Beach

90%
90% 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 22 reviews in Panama City Beach over the last 12 months.

Local market activity for 1 bedroom condos in Panama City Beach

In the last 12 months, 139 one-bedroom condos similar to 227/8743 Thomas Drive, have been sold.

This represents a 11% increase in one-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, local expert, responsive, great negotiation, detail-oriented, proactive, and friendly

  •   5   (65 reviews)
  •  6 Reviews in Panama City Beach
  •  6 Sales in Panama City Beach
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