Back 301/8743 Thomas Drive
Off Market

301/8743 Thomas Drive

Panama City Beach FL 32408

2
2
985 sq. ft.
Condo
Last sold for $420,000
Heather ThompsonHeather Thompson, last sold this property on 04 November 2024 after 509 days on market.

Overview

Experience luxury living in this stunning 2-bedroom, 2-bathroom lower floor corner condo at The Summit! Situated on the third floor, this unit boasts a spacious balcony with breathtaking views of the Gulf of Mexico's sugar sand beaches. The open main living area and well-appointed galley kitchen with a breakfast bar create an inviting space for both entertaining and meal preparation. Indulge in the comfort of the generously sized master suite, featuring an elegant bathroom and ample closet space. Guests will appreciate the accommodating second bedroom with convenient access to a hall bathroom. Recently renovated, this unit showcases fresh paint, a new water heater, upgraded HVAC system, and brand-new appliances, including a refrigerator and stove. The Summit offers premium amenities such as multiple pools, a serene sauna, a lively tiki bar, tennis and basketball courts, a game room, and a state-of-the-art fitness center. Unwind at Bikini Bob's bar and grill, or explore the nearby array of restaurants and shops within a short stroll. Not only does this unit promise a luxurious lifestyle, but it also presents a lucrative investment opportunity with proven rental income. Discover the convenience of residing on the quieter side of Panama City Beach while remaining close to local attractions. Don't miss out—schedule your showing today!

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 301/8743 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 301/8743 Thomas Drive

2024
Sold
$420,000
04 Nov 2024 by Heather Thompson, of Beach Properties Real Estate

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 301/8743 Thomas Drive, have been sold.

This represents a 3% increase in two-bedroom condos sales when compared to the previous 12 months.

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