Back Unit 924/8743 Thomas Drive
Off Market

Unit 924/8743 Thomas Drive

Panama City Beach FL 32408

1
2
740 sq. ft.
Condo
Last sold for $312,000
Paige PetersonPaige Peterson, last sold this property on 12 November 2025 after 144 days on market.

Overview

One of the lowest-priced condos in The Summit with a motivated seller ready for quick closing! This fully furnished 1-bedroom, 1.5-bath Gulf-front condo is a rental powerhouse and has been meticulously maintained with thoughtful upgrades throughout. Enjoy stunning sunset views from the private balcony and a layout that includes hallway bunks, a fully equipped kitchen, and recent updates like new LVP flooring (March 2025), stainless steel appliances (Jan 2022), new washer/dryer (April 2025), A/C replacement (Nov 2021), updated bedroom furniture (March 2021), Polywood patio furniture (Oct 2023), and a new TV, coffee table, and end table (April 2025). The Summit offers unbeatable amenities including beachfront pools, hot tubs, a fitness center, sauna, tennis and pickleball courts, a Tiki Bar & Grill, and deeded beach access. Located near St. Andrews State Park, marinas, restaurants, and shopping. This condo is the perfect investment, vacation home, or beachfront retreat.

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 Unit 924/8743 Thomas Drive is $288k.

Median value
$288k
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 Unit 924/8743 Thomas Drive

2025
Sold
$312,000
12 Nov 2025 by Paige Peterson, of Compass
2020
Sold
$220,000
21 Jul 2020 by Kenny Schell, of Pineapple Properties

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 21 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, 129 one-bedroom condos similar to Unit 924/8743 Thomas Drive, have been sold.

This represents a 9% increase in one-bedroom condos sales when compared to the previous 12 months.

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