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


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$ 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 797015

Style High Rise

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Fees $748/mo

HOA Y/N Yes

Year Built 1984

Annual Tax Amount $3,451

Tax Year 2025

Property Sub-Type Condominium

Property Description

Generating $59,343 in gross rental revenue from July 2025 through July 2026--nearly 20% of the current asking price--this fully furnished, turnkey 8th-floor condo offers an exceptional opportunity to own a proven vacation rental in Panama City Beach. Even more impressive, the unit was off the rental market from November 2025 through April 2026 due to the resort's balcony renovation project.

This beautifully updated 1-bedroom, 1.5-bath condo features direct beachfront access and stunning Gulf views from its private balcony. The interior boasts 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 tasteful coastal décor. Sleeping accommodations include a king bed with a new memory-foam mattress, a queen sleeper sofa with a new memory-foam mattress, and built-in twin-over-twin bunk beds. Additional features include an electric fireplace, in-unit washer and dryer, and two TVs.

The condo comes fully furnished, with established Airbnb and VRBO listings and hundreds of 5-star reviews, providing a strong foundation for continued vacation-rental success.

The Summit offers an impressive lineup of amenities, including 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 popular new Tootsie's venue, restaurants, entertainment, and Panama City Beach attractions, this property is ideal as an income-producing investment or personal beach getaway. With documented rental performance, direct Gulf access, and convenient resort amenities, this is an opportunity to own a turnkey beachfront property in one of Panama City Beach's most recognizable resorts.

Location

State FL

County Bay

Community Barbecue, Beach, Elevator, Fitness Center, Laundry Facilities, Pool, Sauna, Tennis Court(S), Waterfront, Community Pool, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Main Level Primary

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Plank, Vinyl

Fireplace No

Appliance Washer/Dryer Stacked, Electric Range, Electric Water Heater

Laundry Stacked

Exterior

Parking Features Paved, Parking Lot

Pool Gas Heat, In Ground, Community

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

Utilities Available Electricity Available, Sewer Available

Amenities Available Beach Rights, Barbecue, 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

Foundation Pillar/Post/Pier

Architectural Style High Rise

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

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

Restrictions Short Term Rentals Allowed

Tax ID 30236-220-000

Security Features Building Security,Security Gate,Gated with Guard,Security Service

Special Listing Condition Listed As-Is

Listed by Local Insight Realty

Nearby Locations

Chris Allen

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

+1(480) 544-8191

chris@gulfcoastcashoffers.com

Panama City Beach, FL 32413, USA

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8743 Thomas DR #810