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Back 508/8743 Thomas Drive
Off Market

508/8743 Thomas Drive

Panama City Beach FL 32408

1
2
740 sq. ft.
Condo
Last sold for $294,750
Donna StokesDonna Stokes, last sold this property on 11 July 2025 after 407 days on market.

Overview

The Summit is a very desirable well maintained gated condominium. This 5th floor unit has a long-standing repeat guest list that return year after year for over 20 years. Unit is rented this fall Oct- April for $1800. This Gulf Front condo is centrally located close to entertainment, Marinas, St Andrew State Park, restaurants and shopping. This unit is well maintained with many updates. Windows and sliding glass door replaced 2023, HVAC installed 5/2024. This unit has updated furnishings to include new wood coffee table, dining table and Entertainement center all from Fowhands. the kitchen has refaced cabinets and granite counter tops with tiled backsplash. Newer appliance package with smooth top stove and micro hood. 18x18 tile throughout the unit. Bathrooms have new vanities as well as new tiled shower and fixtures. The complete unit recently painted. The summit offers lots of amenities to include Poolside Tiki Bar overlooking the Gulf, 2 large pools, one is heated when needed.2 kiddie pools, 2 outdoor hot tubs as well as 1 indoor hot tub and dry saunas, beach access, market, Bikini Bob's onsite grill, fitness center, shuffleboard as well as tennis and pickleball courts. Sit back and relax out on the balcony and enjoy the wonderful views of the Gulf and sugar white sand beaches as well as wonderful sunsets.

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 508/8743 Thomas Drive is $287k.

Median value
$287k
Estimated value range
$100k - $420k
Median days on market
92
Estimated value trend
-8%
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 508/8743 Thomas Drive

2025
Sold
$294,750
11 Jul 2025 by Donna Stokes, of Top Producers Real Estate Ctr

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 1 bedroom condos in Panama City Beach

In the last 12 months, 143 one-bedroom condos similar to 508/8743 Thomas Drive, have been sold.

This represents a 1% 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, 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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