8743 Thomas Drive 209, Panama City Beach, FL 32408 (MLS# 791704)

8743 Thomas Drive 209, Panama City Beach, FL 32408

New Listing

$349,000

001_Direct-beachfront-living-room-with-2

002_Direct-beachfront-living-room-with-2

004_Direct-beachfront-living-room-Prime-

005_Queen-size-sleeping-sofa-and-2-recli

009_We-have-everything-you-need-for-the-

012_Start-your-morning-with-your-favorit

016_Bunk-beds-with-door-in-the-hallway-f

017_Cozy-bedroom-with-King-size-mattress

021_His-and-Hers-saunas-showers-indoor-h

024_We-have-extra-cabinet-for-your-make-

025_It-could-be-your-office-or-make-up-a

026_One-of-those-big-pools-is-seasonally

027_On-site-Bar-and-Grill-Grab-your-favo

029_Your-beautiful-view-from-the-pool-de

030_Morning-view-from-the-balcony-This-p

031_Just-come-and-relax-Your-view-from-y

032_2-big-pools-one-is-heated-during-the

034_It-could-be-your-view-Enjoy-beautifu

036_Your-unit-is-located-RIGHT-on-the-be

040_Lots-of-activities-bars-and-restaura

046_2-Outdoor-Hot-Tubs.-Open-and-Heated-

047_Outstanding-view-from-your-private-b

050_The-Summit-Resort-is-one-of-the-gues

051_Gorgeous-Sunset-view-from-your-priva

052_Yes-We-already-paid-for-your-chairs-

053_Happy-Time-with-your-family-and-frie

057_You-access-to-the-World-s-Most-Beaut

058_Tiki-Bar-is-right-next-to-the-pool-a

059_Tennis-courts-complementary-comes-wi

061_Beautiful-walkable-green-area-at-the

062_The-beautiful-green-area-at-our-Reso

064_Light-Up-the-Gulf-Fireworks-4th-of-J

066_The-Summit-now-offers-2-Destination-

067_Beach-rental-jet-ski-parasail-banana

068_The-Summit-now-offers-2-Destination-

070_So-much-stuff-to-do-at-the-Pier-Park

081_Multiple-golf-courses-are-available-

085_St.-Andrews-State-Park-is-only-3.5-m

086_Welcome-to-the-World-s-Most-Beautifu

087_Lots-of-activities-right-at-the-beac

090_Yes-World-Famous-Tootsies-are-next-d

094_Your-kids-will-be-so-excited-to-catc

097_Rent-is-right-from-the-beach-attenda

098_Book-Sea-Screamer-for-the-dolphin-to

100_Jet-ski-available-for-rent-right-at-

105_Beachfront-and-2nd-Floor-The-Summit-

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 740 Status: Active

Current Price: $349,000 List Date: 6/22/2026 Last Modified: 6/22/2026

Overview

Description

$70,121 in revenue June '25 to May '26: a 20.1% ROI on the asking price! One of the strongest-earning 1-bedrooms at The Summit, this fully renovated, direct-beachfront 1BR/2BA pairs chart-topping income with a feature that is almost impossible to find on the sand: a low, 2nd-floor location. There are no elevator waits – guests simply take the stairs and they are on the beach in seconds. The Gulf and the resort pools sit at near-eye level from the private beachfront balcony, and it is the single most praised detail across years of five-star reviews. It is also exactly why 209 out-earns Summit units on the floors above it. Beautifully updated throughout, the condo features wood-look plank flooring, a granite kitchen with glass-tile backsplash, stainless appliances and a dishwasher, refreshed bathrooms, and a smart Nest thermostat. A king bedroom, a queen sleeper sofa, a built-in twin-over-twin bunk nook the kids love, and two comfortable recliners let it sleep five. An in-unit washer and … (Read more) $70,121 in revenue June ’25 to May ’26: a 20.1% ROI on the asking price! One of the strongest-earning 1-bedrooms at The Summit, this fully renovated, direct-beachfront 1BR/2BA pairs chart-topping income with a feature that is almost impossible to find on the sand: a low, 2nd-floor location. There are no elevator waits – guests simply take the stairs and they are on the beach in seconds. The Gulf and the resort pools sit at near-eye level from the private beachfront balcony, and it is the single most praised detail across years of five-star reviews. It is also exactly why 209 out-earns Summit units on the floors above it. Beautifully updated throughout, the condo features wood-look plank flooring, a granite kitchen with glass-tile backsplash, stainless appliances and a dishwasher, refreshed bathrooms, and a smart Nest thermostat. A king bedroom, a queen sleeper sofa, a built-in twin-over-twin bunk nook the kids love, and two comfortable recliners let it sleep five. An in-unit washer and dryer plus new sliding glass doors complete a true turnkey package. The timing could not be better: the new Tootsie’s just opened next door in the legendary former Spinnaker Beach Club and it is already packed, pulling fresh nightlife and foot traffic straight to the resort. The Summit offers two Gulf-front pools (one seasonally heated) and two children’s pools, two outdoor and one indoor hot tub, his-and-hers saunas, a fitness center, tennis and pickleball, shuffleboard, a poolside tiki bar, the on-site Bar & Grill, and gated 24-hour security with direct private beach access. With established Airbnb and VRBO listings and a loyal base of repeat guests, this condo has a proven track record of success, and nearly 40% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller’s revenue consultant will personally assist the buyer in expanding the property’s direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. The income is the headline, and the rare 2nd floor is the edge no higher unit can match. ***Visit listings.megavacations.net for the full portfolio — document vault, detailed financials, photos, and more.***

Listing Details MLS# 791704

Contract Info

List Price/SqFt: 471.62

Location

Area: 03 – Bay County – Beach
Street #: 8743
Street Name: Thomas
Street Suffix: Drive
Unit #: 209
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: The Summit
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 30236-027-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: The Summit Resort, 8743 Thomas Drive, direct beachfront. Unit 209 is on the 2nd floor. Open resort parking on site.
Legal Description: THE SUMMIT UNIT 209 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4523 P 951

General Property Info

Sub-Type: Condominium
Floor Number: 2
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 740
SqFt Source: Prop App Site
Full Baths: Yes
Half Baths: Yes
Total Baths: 2
# of Stories in Building: 15
Year Built: 1984
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 2245
HOA Frequency: Quarterly
HOA Annual Amount: 8980
New Buyer Fee: No
Last Tax Year: 2025
Brokerage Interest: Familial Interest – Listing Broker/Licensee related to owner.
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: $70,121 in revenue June '25 to May '26: a 20.1% ROI on the asking price! One of the strongest-earning 1-bedrooms at The Summit, this fully renovated, direct-beachfront 1BR/2BA pairs chart-topping income with a feature that is almost impossible to find on the sand: a low, 2nd-floor location. There are no elevator waits – guests simply take the stairs and they are on the beach in seconds. The Gulf and the resort pools sit at near-eye level from the private beachfront balcony, and it is the single most praised detail across years of five-star reviews. It is also exactly why 209 out-earns Summit units on the floors above it. Beautifully updated throughout, the condo features wood-look plank flooring, a granite kitchen with glass-tile backsplash, stainless appliances and a dishwasher, refreshed bathrooms, and a smart Nest thermostat. A king bedroom, a queen sleeper sofa, a built-in twin-over-twin bunk nook the kids love, and two comfortable recliners let it sleep five. An in-unit washer and dryer plus new sliding glass doors complete a true turnkey package. The timing could not be better: the new Tootsie's just opened next door in the legendary former Spinnaker Beach Club and it is already packed, pulling fresh nightlife and foot traffic straight to the resort. The Summit offers two Gulf-front pools (one seasonally heated) and two children's pools, two outdoor and one indoor hot tub, his-and-hers saunas, a fitness center, tennis and pickleball, shuffleboard, a poolside tiki bar, the on-site Bar & Grill, and gated 24-hour security with direct private beach access. With established Airbnb and VRBO listings and a loyal base of repeat guests, this condo has a proven track record of success, and nearly 40% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. The income is the headline, and the rare 2nd floor is the edge no higher unit can match. ***Visit listings.megavacations.net for the full portfolio — document vault, detailed financials, photos, and more.***

Association Fees Include

Business Center: Yes
Dumpster: Yes
Exercise Room: Yes
Game Room: Yes
Internet-WiFi: Yes
Pool: Yes
Sauna/Steam Room: Yes
Tennis: Yes
Whirlpool: Yes

More Information

Furnished

Furnished: Yes

Rooms

Bedroom: Yes

Utilities

TV Cable: Yes

Waterfront Type

Gulf: Yes

Bedroom

Second: Yes

Property Features

Bedroom: Second Association Fees Include: Business Center; Dumpster; Exercise Room; Game Room; Internet-WiFi; Pool; Sauna/Steam Room; Whirlpool; Tennis Furnished: Furnished Rooms: Bedroom Utilities: TV Cable Waterfront Type: Gulf

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Bedroom	Second	0 x 0	0.00	0.00	Condo

Listing Office: Alikhver Realty

Last Updated: June – 22 – 2026

Information deemed reliable but not guaranteed.