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$310,000
8743 Thomas Drive, 1012
Panama City, FL 32408
MLS# 971219
1 beds  |  2 baths  |  740 sqft


8743 Thomas Drive, 1012, Panama City, FL 32408
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Property Description
***SELLER WILL CONSIDER ALL OFFERS!*** The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach, and unit 1012 is ready for you to take part! This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring --En-suite bath off the main bedroom with shower/tub combo --2 twin bunks in the hall --Half bath in the hall --Sleeper sofa in living room --Compact kitchen with all necessities --Extra counter space, drawers, and cabinets --Full size Amana washer and dryer --Tile in hall, baths, and kitchen/dining/living room --GE electric stove --Built-in microwave --Hotpoint refrigerator --Double sink --Dining table with 4 chairs --7' x 15' balcony with outdoor furniture

Details
Contract Info
Listing Board: Emerald Coast
List Price/SqFt: 418.92
List Date: 2025-03-14
Current Price: $310,000
List Price: $310,000
Location, Tax and Legal
Unit #: 1012
Sub Area: 2723 - Beach - South of Grand Lagoon
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Legal Description: THE SUMMIT UNIT 1012 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4539 P 1371
General Property Info
Sub-Type: Condominium
Design: N/A
SqFt Source: Appraiser
Stories In Unit: 10
Unit Floors Above Ground: 10
Immediate Occupancy: Yes
Pre-Const Flip: No
Garage: No
Carport: No
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 740
Bedrooms: 1
Full Baths: 1
Half Baths: 1
Total Bathrooms: 2
Year Built: 1984
Listing Info, Tax & Legal
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 2243
Annual Assessment Amount: 8972
Assessment Paid: Quarterly
New Buyer Fee: No
Last Taxes: 3712
Last Tax Year: 2023
Brokerage Interest: No Interest
As Is: Yes
Remarks & Misc
Remarks: ***SELLER WILL CONSIDER ALL OFFERS!*** The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach, and unit 1012 is ready for you to take part! This condo unit is fully furnished as a short-term rental and features the following: --Private bedroom with new LVP flooring --En-suite bath off the main bedroom with shower/tub combo --2 twin bunks in the hall --Half bath in the hall --Sleeper sofa in living room --Compact kitchen with all necessities --Extra counter space, drawers, and cabinets --Full size Amana washer and dryer --Tile in hall, baths, and kitchen/dining/living room --GE electric stove --Built-in microwave --Hotpoint refrigerator --Double sink --Dining table with 4 chairs --7' x 15' balcony with outdoor furniture
Waterfront
Gulf: 1
Construction Status
Construction Complete: 1
Waterview
Gulf: 1
Project Facilities
BBQ Pit/Grill: 1
Community Room: 1
Dumpster: 1
Game Room: 1
Gated Community: 1
Pool: 1
Short Term Rental - Allowed: 1
Tennis: 1
Construction/Siding
Concrete: 1
Utilities
Electric: 1
Public Sewer: 1
Public Water: 1
TV Cable: 1
Exterior
Balcony: 1
Interior
Floor Tile: 1
Floor Vinyl: 1
Furnished - All: 1
Hallway Bunk Beds: 1
Window Treatment All: 1
Financing
Conventional: 1
Appliances
Dishwasher: 1
Dryer: 1
Freezer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Energy
AC - Central Elect: 1
Ceiling Fans: 1
Heat Cntrl Electric: 1
Master Bedroom
First: 1
Living Room
First: 1
Rooms
Balcony: 1
Living Room: 1
Master Bedroom: 1
Fees Include
Ground Keeping: 1
Insurance: 1
Internet Service: 1
Recreational Faclty: 1
Sewer: 1
Trash: 1
Water: 1
Status Change Info
Status: Active
Location Tax and Legal
Area: 27 - Bay County
Street #: 8743
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: Summit
Parcel ID: 30236-286-000
Property Features
Construction Status: Construction Complete
Waterfront: Gulf
Waterview: Gulf
Project Facilities: BBQ Pit/Grill; Community Room; Dumpster; Game Room; Gated Community; Pool; Short Term Rental - Allowed; Tennis
Exterior: Balcony
Interior: Floor Tile; Floor Vinyl; Furnished - All; Hallway Bunk Beds; Window Treatment All
Appliances: Dishwasher; Dryer; Freezer; Microwave; Refrigerator; Washer
Utilities: Electric; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric
Master Bedroom: First
Living Room: First
Rooms: Balcony; Living Room; Master Bedroom
Financing: Conventional
Fees Include: Ground Keeping; Insurance; Internet Service; Recreational Faclty; Trash; Water
Supplements
The Summit grounds feature a gated entrance, 24-hour security, 2 pools (one heated seasonally), 2 hot tubs, 2 kiddie pools, a poolside Tiki Bar, a full-service restaurant (Bikini Bob's), fitness center, game room, ice cream/snack and gift shops, jet ski rentals, shuffleboard, and lighted tennis/pickleball courts.
Room Information
Room Name Level Dimensions Length Width Dimensions
Master BedroomFirst12 x 1512.0015.0012 x 15
BalconyFirst7 x 157.0015.007 x 15
Living RoomFirst15 x 1815.0018.0015 x 18

Listing Office: EXP Realty LLC

Last Updated: September - 12 - 2025

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