8743 Thomas Drive 810, Panama City Beach, FL 32408 (MLS# 791705)

8743 Thomas Drive 810, Panama City Beach, FL 32408

New Listing

$339,000

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

Current Price: $339,000 List Date: 6/22/2026 Last Modified: 6/22/2026

Overview

Description

$68,849 in revenue May '25 to April '26: a 20.3% ROI on the asking price! A newly renovated, 8th-floor, direct-beachfront 1BR/2BA at The Summit that is also a proven cash machine. Wake up to unobstructed Gulf views from your private 8th-floor balcony, then cozy up by the electric fireplace after a day on the sand. The full renovation shows everywhere: a new white shaker kitchen with quartz counters, mosaic tile backsplash, and stainless appliances; updated baths with marble-look tile and quartz vanities; a new memory-foam king; and wood-look plank flooring throughout, finished with designer coastal touches like a sliding barn door and blue velvet accent chairs. It sleeps five with the king, a queen sleeper sofa, and a built-in twin-over-twin bunk nook, and comes complete with an in-unit washer and dryer, two smart TVs, and a fully equipped kitchen, sold fully furnished and truly turnkey. It also sits right next to the booming new Tootsie's in the legendary former Spinnaker Beach Club, … (Read more)

Listing Details MLS# 791705

Contract Info

List Price/SqFt: 458.11

Location

Area: 03 – Bay County – Beach
Street #: 8743
Street Name: Thomas
Street Suffix: Drive
Unit #: 810
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: 30236-220-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: The Summit resort is at 8743 Thomas Dr, Panama City Beach, on the Gulf next to the new Tootsie's (former Spinnaker). Unit 810 is direct beachfront on the 8th floor.
Legal Description: THE SUMMIT UNIT 810 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4382 P 247

General Property Info

Sub-Type: Condominium
Floor Number: 8
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: $68,849 in revenue May '25 to April '26: a 20.3% ROI on the asking price! A newly renovated, 8th-floor, direct-beachfront 1BR/2BA at The Summit that is also a proven cash machine. Wake up to unobstructed Gulf views from your private 8th-floor balcony, then cozy up by the electric fireplace after a day on the sand. The full renovation shows everywhere: a new white shaker kitchen with quartz counters, mosaic tile backsplash, and stainless appliances; updated baths with marble-look tile and quartz vanities; a new memory-foam king; and wood-look plank flooring throughout, finished with designer coastal touches like a sliding barn door and blue velvet accent chairs. It sleeps five with the king, a queen sleeper sofa, and a built-in twin-over-twin bunk nook, and comes complete with an in-unit washer and dryer, two smart TVs, and a fully equipped kitchen, sold fully furnished and truly turnkey. It also sits right next to the booming new Tootsie's in the legendary former Spinnaker Beach Club, a fresh demand driver for the entire resort. The Summit offers two Gulf-front pools (one seasonally heated), 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, years of five-star reviews, and a loyal repeat-guest base, the unit has a proven track record, and about 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. ***Visit listings.megavacations.net for the full portfolio — document vault, detailed financials, photos, and more.***

Appliances

Dishwasher: Yes
Dryer: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Washer/Dryer Stacked: Yes

More Information

Interior Features

Fireplace: Yes
Floor – Vinyl Plank: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes

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

Furnished

Furnished: Yes

Interior

Bunk Hallway: Yes

Lot Features

Dedicated Beach: Yes

Parking Features

Parking Lot: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Elevators: Yes
Exercise Room: Yes
Game Room: Yes
Gated Community: Yes
Pool: Yes
Sauna/Steam Room: Yes
Tennis: Yes
Whirlpool: Yes
Dining: Yes
Pickle Ball: Yes
Shuffleboard Court: Yes

Rooms

Bedroom: Yes

Utilities

TV Cable: Yes

Waterview

Gulf: Yes
Unobstructed: Yes

Sale Type

As Is: Yes

Waterfront Type

Gulf: Yes

Bedroom

Second: Yes

Heating

Fireplace – Electric: Yes

Security Features

24 Hour Security: Yes
Building Security: Yes
Gated Community: Yes
Security Guard: Yes

Property Features

Appliances: Dishwasher; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Washer/Dryer Stacked Bedroom: Second Heating: Fireplace – Electric Exterior: Balcony Association Fees Include: Business Center; Dumpster; Exercise Room; Game Room; Internet-WiFi; Pool; Sauna/Steam Room; Whirlpool; Tennis Furnished: Furnished Interior: Bunk Hallway Lot Features: Dedicated Beach Security Features: 24 Hour Security; Building Security; Gated Community; Security Guard Parking Features: Parking Lot Association Amenities: BBQ Pit/Grill; Beach; Dining; Elevators; Exercise Room; Game Room; Gated Community; Pickle Ball; Pool; Sauna/Steam Room; Shuffleboard Court; Whirlpool; Tennis Rooms: Bedroom Sale Type: As Is Utilities: TV Cable Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf; Unobstructed

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.