Seller's Agent in 2024
Laura Whitney
EXP Realty LLC
(850) 803-3181
36 Total Sales
The Summit Beach Resort Condominium 8743 Thomas Dr Unit 632 Panama City Beach, FL 32408
Estimated Value: $418,861 - $463,000
2
Beds
2
Baths
985
Sq Ft
$678/mo
HOA Fee
Highlights
- Property fronts gulf or ocean
- Deeded access to the beach
- Heated In Ground Pool
- J.R. Arnold High School Rated A-
- 24-Hour Security
- Gated Parking
About This Home
As of April 2024Gulf-front and rarely on the market, this 2-bedroom, 2-bathroom sanctuary at The Summit offers panoramic views from its coveted 6th-floor location, complete with a wrap-around balcony. Fully furnished, this coastal haven exudes comfort and style. Enjoy modern entertainment with three smart TVs. Convenience meets luxury with an in-unit washer & dryer and proximity to the elevator for quick access to the beach or a swim.The Summit boasts an array of amenities, including a sprawling pool area with three unique pools (including a heated option for cooler months), hot tubs, BBQ grills, a picnic area, fitness center, tennis, pickleball, and basketball courts, as well as a shuffleboard court. Additionally, there's an onsite restaurant and tiki bar for added convenience.Just moments away from shopping, dining, and endless entertainment options, this unit presents an unparalleled opportunity for both relaxation and adventure. Whether you're in search of an investment vacation rental or the perfect second home, seize this chance to own a slice of paradise.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,909
Year Built
- Built in 1984
Lot Details
HOA Fees
- $678 Monthly HOA Fees
Home Design
- Pillar, Post or Pier Foundation
Interior Spaces
- 985 Sq Ft Home
- Furnished
- Ceiling Fan
- Living Room
Kitchen
- Electric Oven
- Electric Cooktop
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Parking
- Gated Parking
- Open Parking
Outdoor Features
- Heated In Ground Pool
- Deeded access to the beach
- Balcony
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
Community Details
Overview
- Association fees include management, clubhouse, cable TV, insurance, internet, laundry, legal/accounting, pest control, pool(s), security, trash
- 440 Units
- High-Rise Condominium
- Summit Subdivision
- 16-Story Property
Amenities
- Community Barbecue Grill
- Clubhouse
- Business Center
- Meeting Room
- Elevator
Recreation
- Community Basketball Court
Security
- 24-Hour Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2020
Closed on
Jun 30, 2020
Sold by
Nowak Timms Sue and Nowak Ronnie Sue
Bought by
Corona Del Mar Llc
Seller's Agent
Mike Rylee
Beach Time Realty, Inc
Buyer's Agent
William Burt
Beach Haven Realty
List Price
$299,000
Sold Price
$285,000
Premium/Discount to List
-$14,000
-4.68%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,965
Avg. Annual Appreciation
9.32%
Original Mortgage
$199,500
Outstanding Balance
$179,167
Interest Rate
3.2%
Mortgage Type
Commercial
Estimated Equity
$258,798
Purchase Details
Closed on
Feb 24, 2012
Sold by
Nowak Timms Sue
Bought by
Nowak Timms Sue and Nowak Ronnie Sue
Purchase Details
Closed on
May 30, 2003
Sold by
Lewis Fred S and Lewis Carolyn C
Bought by
Nowak Timms Sue
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,600
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Corona Del Mar Llc | $285,000 | None Available | |
| Nowak Timms Sue | -- | Attorney | |
| Nowak Timms Sue | $194,500 | Lawyers Title Agency Of Nort |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Corona Del Mar Llc | $199,500 | |
| Previous Owner | Nowak Timms Sue | $155,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/26/2024 04/26/24 | Sold | $440,000 | -2.2% | $447 / Sq Ft |
| 04/16/2024 04/16/24 | Pending | -- | -- | -- |
| 04/15/2024 04/15/24 | For Sale | $450,000 | +57.9% | $457 / Sq Ft |
| 07/05/2022 07/05/22 | Off Market | $285,000 | -- | -- |
| 07/01/2020 07/01/20 | Sold | $285,000 | -4.7% | $289 / Sq Ft |
| 05/22/2020 05/22/20 | Pending | -- | -- | -- |
| 04/10/2020 04/10/20 | For Sale | $299,000 | -- | $304 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,072 | $298,265 | -- | -- |
| 2023 | $4,072 | $271,150 | $0 | $368,900 |
| 2022 | $3,025 | $246,500 | $0 | $246,500 |
| 2021 | $3,007 | $242,250 | $0 | $242,250 |
| 2020 | $2,442 | $195,500 | $0 | $195,500 |
| 2019 | $2,473 | $201,875 | $0 | $201,875 |
| 2018 | $2,381 | $190,425 | $0 | $0 |
| 2017 | $2,120 | $184,880 | $0 | $0 |
| 2016 | $2,028 | $174,250 | $0 | $0 |
| 2015 | $2,030 | $161,989 | $0 | $0 |
| 2014 | $1,779 | $147,263 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laura Whitney
-
Mike Rylee
Seller's Agent in 2020
Mike Rylee
Beach Time Realty, Inc
(850) 238-6261
144 Total Sales
-
Buyer's Agent in 2020
William Burt
Beach Haven Realty
(850) 630-4658
12 Total Sales
About The Summit Beach Resort Condominium
Map
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 755693
APN: 30236-178-000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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