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Back 331/8743 Thomas Drive
Off Market

331/8743 Thomas Drive

Panama City Beach FL 32408

1
2
740 sq. ft.
Condo
Last sold for $255,000
Dale GummDale Gumm, last sold this property on 10 February 2026 after 981 days on market.

Overview

THE BEST PRICED UNIT AT THE SUMMIT! This third floor one bed, two bath unit offers stunning Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought after buildings. The interior offers several updates throughout, including shiplap accents in the bath, dining, and living areas, while the upgraded kitchen features new 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 retiree. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs (as seen in photos), while 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 lower floor unit with tremendous upside and future rental potential. Inquire for all details!

Features

1 bedroom
2 bathrooms
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 331/8743 Thomas Drive is $287k.

Median value
$287k
Estimated value range
$100k - $420k
Median days on market
93
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 331/8743 Thomas Drive

2026
Sold
$255,000
10 Feb 2026 by Dale Gumm, of Anchor Realty Florida
2022
Sold
$325,000
23 May 2022 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 20 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, 144 one-bedroom condos similar to 331/8743 Thomas Drive, have been sold.

This represents a 12% 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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