Back Unit 931/8743 Thomas Drive
Off Market

Unit 931/8743 Thomas Drive

Panama City Beach FL 32408

1
2
740 sq. ft.
Condo
Last sold for $257,500
Karen SmithKaren Smith, last sold this property on 06 October 2026 after 147 days on market.

Overview

Beautiful Gulf views, a prime east-end location, and turnkey rental potential make this Summit Beach Resort condo a must-see! This fully furnished 1-bedroom, 1-bath condo offers a comfortable beach retreat with a sleeper sofa in the living room, providing additional flexibility for owners and guests. Enjoy stunning Gulf views and the sound of the waves from your private balcony, with the sugar-white sand and emerald waters just steps away. This rental-ready unit features a brand-new HVAC system, giving you one less thing to worry about while enjoying your beach retreat or investment property. Summit Beach Resort offers an incredible lineup of amenities, including two large pools, hot tubs, saunas, fitness center, tennis courts, basketball court, shuffleboard, picnic areas with grills, Summit Tiki Bar, Summit Market, and Bikini Bob's Restaurant. Location is everything, and this one delivers! Enjoy dining, entertainment, and beach activities within walking distance, including the popular Tootsie's Orchid Lounge. You're also just minutes from Pier Park, Shipwreck Island Waterpark, WonderWorks, and countless restaurants and attractions. Whether you're looking for a vacation rental, investment property, or your own piece of paradise, this Summit Beach Resort condo offers the perfect opportunity to own a slice of the Panama City Beach lifestyle. Bring your beach bag and start enjoying the Gulf Coast!

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 931/8743 Thomas Drive is $276.25k.

Median value
$276.25k
Estimated value range
$100k - $420k
Median days on market
99
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 931/8743 Thomas Drive

2026
Sold
$257,500
06 Oct 2026 by Karen Smith, of Beachy Beach Real Estate
2022
Sold
$325,000
26 Feb 2022 by Bill B Lewis, of Coastal Heritage Real Estate LLC

Happy sellers in Panama City Beach

91%
91% 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 33 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, 137 one-bedroom condos similar to Unit 931/8743 Thomas Drive, have been sold.

This represents a 15% increase in one-bedroom condos sales when compared to the previous 12 months.

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