$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
8743 Thomas DR #1512 Panama City Beach, FL 32408
3 Beds
3 Baths
1,531 SqFt
Key Details
Sold Price $625,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,531 sqft
Price per Sqft $408
Subdivision The Summit
MLS Listing ID 740927
Sold Date 05/22/23
Style High Rise
Bedrooms 3
Full Baths 3
HOA Fees $790/qua
HOA Y/N Yes
Year Built 1984
Annual Tax Amount $4,074
Tax Year 2022
Property Description
3-bedroom / 3-bathroom condos at The Summit Beach Resort in Panama City Beach, Florida seldom comes on the market. So, if you have been waiting for one, here's your chance! Spacious floor plan with open concept and large kitchen, dining and living area. All bedrooms have king-size beds and one with incredible gulf views and access to a wide balcony. This unit has tile floors throughout and can accommodate about 10-guests comfortably making a great rental investment with a potential estimated rental revenue of $90k a year.The Summit is a classic Panama City Beach vacation spot! This gated resort has 24-hour security and offers 2 large beachfront pools (one of them being heated), 2 kids pools, 3 hot tubs (one of them being indoors), Sauna, Game Room, Fitness Center, shuffleboard, owner's lounge, Convenience Stores, Tiki Bar and everyone's favorite, Bikini Bobs Bar & Grill! The elevators have just been fully upgraded! Located on the East side of Panama City Beach and across the street from the Slingshot, Hammerhead Fred's, Longboard Restaurant and a short 5-minute drive to St. Andrews State Park. All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important.
Location
State FL
County Bay
Community Barbecue, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Game Room, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(S), Waterfront, Gated
Area 03 - Bay County - Beach
Rooms
Ensuite Laundry Washer Hookup, Dryer Hookup, Stacked
Interior
Interior Features Breakfast Bar, Kitchen Island, Split Bedrooms
Laundry Location Washer Hookup,Dryer Hookup,Stacked
Heating Central, Electric
Cooling Central Air, Electric
Furnishings Furnished
Fireplace No
Appliance Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
Laundry Washer Hookup, Dryer Hookup, Stacked
Exterior
Exterior Feature Balcony
Garage Parking Lot
Pool In Ground, Community
Community Features Barbecue, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Game Room, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated
Utilities Available Cable Connected, Trash Collection
Amenities Available Beach Rights, Game Room, Gated
Waterfront Yes
Waterfront Description Gulf
View Y/N Yes
Water Access Desc Gulf
View Gulf
Porch Balcony
Parking Type Parking Lot
Building
Architectural Style High Rise
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
HOA Fee Include Association Management,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Pool(s),Sewer,Security,Tennis Courts,Trash,Water
Tax ID 30236-446-000
Security Features Gated Community,24 Hour Security,Security Service
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash
Special Listing Condition Listed As-Is
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Bought with Local Insight Realty