Condo $ 269,900

8743 Thomas DR #309

Panama City Beach, FL 32408

  • 1 Bed
  • 2 Baths
    Full Baths: 1 Half Baths: 1
  • 740 SqFt
  • 1984 Year Built
Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309.

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.

Turn-key and rental ready, this unit is being sold fully furnished. Seller hasn't aggressively rented and there's room for GRI improvement here. Projections from Southern Vacation Rentals is $22-30k. Actual GRI for the past 3 years 2023/$25,392, 2024/$21,683,
and 2025/$16,514.
This unit does not have a washer/dryer. However, the HVAC is new as of 9/2025.

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.
Listed by Real Broker LLC

PROPERTY DETAIL

  • Key Details

    Property Type Condo

    Sub Type Condominium

    Listing Status Pending

    Purchase Type For Sale

    Square Footage 740 sqft

    Price per Sqft $364

    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

  • 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

  • Building

    Foundation Pillar/Post/Pier

    Sewer Public Sewer

    Architectural Style High Rise

    New Construction No

  • Interior

    Heating Electric

    Cooling Central Air

    Fireplace No

    Appliance Electric Range, Electric Water Heater

  • 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 Gulf,Shoreline - Sand

    View Y/N Yes

    Water Access Desc Gulf,Shoreline - Sand

    View Gulf

    Porch Balcony

    Private Pool No

  • Schools

    Elementary Schools Breakfast Point

    Middle Schools Breakfast Point

    High Schools Arnold

  • Others

    Senior Community No

    Restrictions Short Term Rentals Allowed

    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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