8743 Thomas DR #810, Panama City Beach, FL 32408
8743 Thomas DR #810, Panama City Beach, FL 32408
8743 Thomas DR #810, Panama City Beach, FL 32408
8743 Thomas DR #810, Panama City Beach, FL 32408
8743 Thomas DR #810, Panama City Beach, FL 32408
8743 Thomas DR #810, Panama City Beach, FL 32408
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$ 314,900
Est. payment | /mo

1 Bed

2 Baths

740 SqFt


Save
$ 314,900
Est. payment | /mo
Save

1 Bed

2 Baths

740 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 740 sqft

Price per Sqft $425

Subdivision The Summit

MLS Listing ID 791705

Style High Rise

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $2,245/qua

HOA Y/N Yes

Year Built 1984

Tax Year 2025

Property Sub-Type Condominium

Property Description

$55,537 in gross rental revenue from July 2025-July 2026 -- equivalent to approximately 18% of the current asking price in gross rental revenue! Even more impressive, this income was generated while the unit was off the rental market from November 2025 through April 2026 due to the resort's balcony renovation project.

Beautifully updated 8th-floor, direct-beachfront 1BR/1.5BA with Gulf views from the private balcony and direct private beach access. The unit features a quartz-countertop kitchen with mosaic tile backsplash and stainless-steel appliances, updated bathrooms with new vanities, luxury plank flooring, a stylish sliding barn door, and more. Sleeping accommodations include a king-size bed with a new memory-foam mattress, a queen-size sleeper sofa with a new memory-foam mattress, and a built-in twin-over-twin bunk bed. Additional highlights include an electric fireplace, in-unit washer/dryer, two TVs, and tasteful coastal décor.

Fully furnished and turnkey, with established Airbnb and VRBO listings and hundreds of 5-star reviews, making this an established and proven vacation rental.

The Summit offers Gulf-front pools, children's pools, indoor and outdoor hot tubs, saunas, a fitness center, tennis, pickleball, shuffleboard, a tiki bar, an on-site Bar & Grill, gated 24-hour security, and private beach access. Conveniently located near the new and highly popular Tootsie's, as well as dining, entertainment, and popular Panama City Beach attractions.

Minimal maintenance and easy ownership make this an especially attractive vacation-rental investment or second home. With proven rental income, an attractive purchase price, an unbeatable location, and direct Gulf access, opportunities like this don't come along often!

Location

State FL

County Bay

Community Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Sauna, Tennis Court(S), Waterfront, Community Pool, Gated, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Smart Thermostat

Heating Central, Fireplace(s)

Cooling Central Air

Flooring Plank, Vinyl

Fireplaces Type Electric

Fireplace Yes

Appliance Washer/Dryer Stacked, Electric Oven

Laundry Stacked

Exterior

Parking Features Parking Lot

Pool Gas Heat, Salt Water, Community

Community Features Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Sauna, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed

Utilities Available Cable Connected

Amenities Available Business Center, Game Room, Gated, Sauna, Spa/Hot Tub

Waterfront Description Gulf,Shoreline - Sand

View Y/N Yes

Water Access Desc Gulf,Shoreline - Sand

View Gulf

Porch Balcony

Private Pool No

Building

Story 15

Sewer Public Sewer

Architectural Style High Rise

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

HOA Fee Include Cable TV,Fitness Facility,Internet,Laundry,Pool(s),Security,Tennis Courts,Trash,Water

Restrictions Short Term Rentals Allowed

Tax ID 30236-220-000

Security Features Building Security,Fire Sprinkler System,Security Gate,Gated Community,24 Hour Security,Security Guard,Fire Alarm

Special Listing Condition Listed As-Is

Listed by Alikhver Realty

Nearby Locations

Jacquelyn Gore

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(615) 308-7885

jacquelyngore@simplihom.com

495 Grand Blvd #211, Miramar Beach, FL 32550, USA

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8743 Thomas DR #810