8743 Thomas Drive 523, Panama City Beach, FL 32408

$339,789
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 740 Status: Active
Current Price: $339,789 List Date: 5/09/2026 Last Modified: 7/08/2026

Overview

Description

Gulf-front investment opportunity at Summit Beach Resort in Panama City Beach. This beautifully maintained one-bedroom, one-and-a-half-bath condominium offers stunning, unobstructed views of the Gulf of Mexico from a private balcony and a highly functional floor plan that comfortably accommodates up to six guests. The unit features a fully renovated kitchen, in-unit washer and dryer, spacious living area with sleeper sofa, luxury vinyl plank flooring throughout, and wood-look tile in the oversized primary bedroom. Additional highlights include hallway bunk beds and a convenient Jack-and-Jill bathroom design, making the layout ideal for vacation rentals and family getaways alike. Summit Beach Resort is a highly sought-after, amenity-rich beachfront resort offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, an on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. Whether you are seeking a strong short-t

Listing Details MLS# 789667

Contract Info

List Price/SqFt
459.17

Location

Area
03 – Bay County – Beach
Street #
8743
Street Name
Thomas
Street Suffix
Drive
Unit #
523
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
30236-137-000
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
Corner of Thomas Dr. and Joan Ave turn right first complex on the left. The Summit
Legal Description
THE SUMMIT UNIT 523 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4528 P 1923

General Property Info

Sub-Type
Condominium
Floor Number
15
Design
High-Rise (8+ floors)
Apx SqFt(Htd/Cooled)
740
SqFt Source
Prop App Site
Full Baths
Yes
Half Baths
Yes
Total Baths
2
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
2243
HOA Frequency
Quarterly
HOA Annual Amount
8972
New Buyer Fee
Yes
New Buyer Fee Amt
250
New Buyer Fee Paid
$
Brokerage Interest
No Interest
As Is
Yes
Condo Doc
Yes

Remarks & Misc

Remarks
Gulf-front investment opportunity at Summit Beach Resort in Panama City Beach. This beautifully maintained one-bedroom, one-and-a-half-bath condominium offers stunning, unobstructed views of the Gulf of Mexico from a private balcony and a highly functional floor plan that comfortably accommodates up to six guests. The unit features a fully renovated kitchen, in-unit washer and dryer, spacious living area with sleeper sofa, luxury vinyl plank flooring throughout, and wood-look tile in the oversized primary bedroom. Additional highlights include hallway bunk beds and a convenient Jack-and-Jill bathroom design, making the layout ideal for vacation rentals and family getaways alike. Summit Beach Resort is a highly sought-after, amenity-rich beachfront resort offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, an on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. Whether you are seeking a strong short-term rental investment or your own personal beachfront retreat, this property offers immediate enjoyment with excellent income potential and long-term upside. Amazing income!

Association Fees Include

Accounting
Yes
BBQ Pit/Grill
Yes
Exercise Room
Yes
Game Room
Yes
Gated Community
Yes
Ground Keeping
Yes
Insurance
Yes
Internet-WiFi
Yes
Pool
Yes
Sauna/Steam Room
Yes
Security
Yes
Sewer
Yes
Tennis
Yes
Whirlpool
Yes

More Information

Furnished

Furnished
Yes

Rooms

Primary Bedroom
Yes

Utilities

Electricity – Connected
Yes
Public Sewer – Connected
Yes
Other – See Remarks
Yes

Waterfront Type

Gulf
Yes

Primary Bedroom

First
Yes

Property Features

Primary Bedroom: First Association Fees Include: Accounting; BBQ Pit/Grill; Exercise Room; Game Room; Gated Community; Insurance; Internet-WiFi; Ground Keeping; Pool; Sauna/Steam Room; Security; Sewer; Whirlpool; Tennis Furnished: Furnished Rooms: Primary Bedroom Utilities: Electricity – Connected; Public Sewer – Connected; Other – See Remarks Waterfront Type: Gulf

Room Information

Room Name Level Dimensions Length Width
Primary Bedroom First 15.2 x 11.3 15.20 11.30
Listing Office: Beachy Beach Real Estate
Last Updated: July – 08 – 2026
Information deemed reliable but not guaranteed.