8743 Thomas DR #309 Panama City Beach, FL 32408
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 740 sqft
Price per Sqft $398
Subdivision The Summit
MLS Listing ID 784140
Style High Rise
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Y/N Yes
Year Built 1984
Annual Tax Amount $3,437
Tax Year 2025
Property Sub-Type Condominium
Property Description
Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the shoreline and a quick minutes walk to paradise.
Inside, the open and airy layout is designed to maximize the view. The living area and breakfast bar frame the Gulf beautifully, creating the perfect backdrop for morning coffee or evening cocktails. A full kitchen features a refrigerator, range, dishwasher, and generous counter space, while the stacked washer and dryer add everyday convenience. The primary bedroom offers privacy and comfort, complemented by hallway bunk beds and a 1.5-bath layout with a shower/tub combo, allowing the condo to comfortably sleep 4-6 guests.
This residence is rental-ready and built for performance, with projected rental income estimated at $24,000-$32,000 annually, making it an exceptional option for both short-term and long-term rental strategies.
Ownership at The Summit unlocks a true resort lifestyle. Enjoy two large beachfront pools, hot tubs, a fitness center, tennis and basketball courts, shuffleboard, picnic and grilling areas, and direct beach access. On-site conveniences include a tiki bar, market, and Bikini Bob's restaurant, making it easy to settle in and stay awhile. The gated community also offers on-site security and ample open parking.
The location is only getting better. Situated on Thomas Drive near St. Andrews State Park, marinas, shopping, dining, and entertainment, the area continues to grow adding even more appeal for investors and vacationers alike. Whether you're searching for a high-performing income property, a low-maintenance second home, or your own slice of Gulf-front paradise, this condo delivers views, lifestyle, and opportunity in one unforgettable package. All information deemed reliable but not guaranteed and buyer to verify.
Location
State FL
County Bay
Community Beach, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Game Room, Gated, Laundry Facilities, Park, Pool, Tennis Court(S), Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Electric
Cooling Central Air
Flooring Luxury Vinyl Plank
Fireplace No
Appliance Washer/Dryer Stacked, Electric Range, Electric Water Heater
Laundry Stacked
Exterior
Exterior Feature Barbecue
Parking Features Gated
Fence Full, Fenced
Pool Fenced, Gas Heat, In Ground, Community
Community Features Beach, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Game Room, Gated, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
Utilities Available Cable Connected, Phone Connected, Phone Available
Amenities Available Other, See Remarks, Barbecue, Sauna
Waterfront Description Shoreline - Sand
View Y/N Yes
Water Access Desc Shoreline - Sand
View Gulf
Porch Balcony
Private Pool No
Building
Sewer Public Sewer
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Senior Community No
Tax ID 30236-059-000
Security Features Fire Alarm,Smoke Detector(s),Security Service
Financing Other
Special Listing Condition Listed As-Is
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