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8817 S Thomas Drive # A114, Panama City FL 32408

Condo/Co-op For Sale
$249,000

BTC: 3.87913246

ETH: 141.24133550

37 days
Waterfront
1 ba
489 sqft

Overview

Investor-friendly beach getaway opportunity at Top of the Gulf Condominiums priced under $250K! This updated first-floor studio offers strong vacation rental appeal and an unbeatable location within walking distance to the brand new Tootsies Orchid Lounge, dining, entertainment, and beach attractions. The unit features a coastal design with 2 spacious beds, a renovated bathroom, upgraded kitchen with new countertops, backsplash, appliances, and a spacious private patio. Additional updates include flooring, HVAC, and hot water heater in 2022. Located just steps from the pool, tiki bar, fitness center, game room, and private beach access. Top of the Gulf has also completed extensive property improvements including windows, doors, exterior epoxy flooring, and beach accessibility enhancements

Location

Details

Type:
Residential
Parking:
Guest
Year Built:
1976
Lot:
No Data
Heating:
Central
Price/sqft:
$509
Cooling:
Ceiling Fan(s) / Central Air
HOA:
$525

Valuation

Our model vs. what's actually selling nearby.
Estimate
$245,000
$215K – $255K
Confidence Medium
List vs. estimate
At estimate
List $249,000 · +1.6%
List is in line with recent comparable activity.
Price per sq ft
$509
+8.2% vs. city median $470
Based on
5 MLS comparables
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$2,585
2025
HOA
$525/mo
Pool
Community
Waterfront
Ocean Access
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Ceiling Fan(s)

    • Central Air

    Appliances

    • Microwave

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Guest

    Property

    • Levels: 1

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 34994114000

    • Zoning: Residential

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $525

    • HOA Frequency: Monthly

    • Annual tax amount: $2,585

  • Source details

    • MLS ID: B26029232

    Other facts

    • Construction Materials: Other

    • Laundry Features: Common Area

    • Patio And Porch Features: Patio

    • Pool Features: Community

    • Direction Faces: West

    • Other Structures: Livable

    • Architectural Style: One Story

    • Waterfront: Yes

    • Living Area: 489

    • Water Source: Public

    • Subdivision Name: TOP OF THE GULF CONDO

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Coastal Realty Group LLC