8743 Thomas Drive 810, Panama City Beach, FL 32408
$314,900
Property Type:
Residential
Bedrooms:
1
Baths:
2
Square Footage:
740
Status:
Active
Current Price:
$314,900
List Date:
6/22/2026
Last Modified:
9/25/2026
Overview
Description
…
(Read more)
$55,537 in gross rental revenue from July 2025-July 2026 — equivalent to approximately 18% of the current asking price in gross rental revenue! Even more impressive, this income was generated while the unit was off the rental market from November 2025 through April 2026 due to the resort’s balcony renovation project.
Beautifully updated 8th-floor, direct-beachfront 1BR/1.5BA with Gulf views from the private balcony and direct private beach access. The unit features a quartz-countertop kitchen with mosaic tile backsplash and stainless-steel appliances, updated bathrooms with new vanities, luxury plank flooring, a stylish sliding barn door, and more. Sleeping accommodations include a king-size bed with a new memory-foam mattress, a queen-size sleeper sofa with a new memory-foam mattress, and a built-in twin-over-twin bunk bed. Additional highlights include an electric fireplace, in-unit washer/dryer, two TVs, and tasteful coastal décor.
Fully furnished and turnkey, with established Airbnb and VRBO listings and hundreds of 5-star reviews, making this an established and proven vacation rental.
The Summit offers Gulf-front pools, children’s pools, indoor and outdoor hot tubs, saunas, a fitness center, tennis, pickleball, shuffleboard, a tiki bar, an on-site Bar & Grill, gated 24-hour security, and private beach access. Conveniently located near the new and highly popular Tootsie’s, as well as dining, entertainment, and popular Panama City Beach attractions.
Minimal maintenance and easy ownership make this an especially attractive vacation-rental investment or second home. With proven rental income, an attractive purchase price, an unbeatable location, and direct Gulf access, opportunities like this don’t come along often!
Listing Details MLS# 791705
Contract Info
- List Price/SqFt
- 425.54
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
- Accessory Dwelling Unit
- No
- 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
- $55,537 in gross rental revenue from July 2025-July 2026 — equivalent to approximately 18% of the current asking price in gross rental revenue! Even more impressive, this income was generated while the unit was off the rental market from November 2025 through April 2026 due to the resort's balcony renovation project. Beautifully updated 8th-floor, direct-beachfront 1BR/1.5BA with Gulf views from the private balcony and direct private beach access. The unit features a quartz-countertop kitchen with mosaic tile backsplash and stainless-steel appliances, updated bathrooms with new vanities, luxury plank flooring, a stylish sliding barn door, and more. Sleeping accommodations include a king-size bed with a new memory-foam mattress, a queen-size sleeper sofa with a new memory-foam mattress, and a built-in twin-over-twin bunk bed. Additional highlights include an electric fireplace, in-unit washer/dryer, two TVs, and tasteful coastal décor. Fully furnished and turnkey, with established Airbnb and VRBO listings and hundreds of 5-star reviews, making this an established and proven vacation rental. The Summit offers Gulf-front pools, children's pools, indoor and outdoor hot tubs, saunas, a fitness center, tennis, pickleball, shuffleboard, a tiki bar, an on-site Bar & Grill, gated 24-hour security, and private beach access. Conveniently located near the new and highly popular Tootsie's, as well as dining, entertainment, and popular Panama City Beach attractions. Minimal maintenance and easy ownership make this an especially attractive vacation-rental investment or second home. With proven rental income, an attractive purchase price, an unbeatable location, and direct Gulf access, opportunities like this don't come along often!
Pool Features
- Heated – Gas
- Yes
- Saltwater
- Yes
- Spa/ Hot Tub
- Yes
More Information
Appliances
- Dishwasher
- Yes
- Dryer
- Yes
- Microwave
- Yes
- Oven – Electric
- Yes
- Refrigerator
- Yes
- Trash Compactor
- Yes
- Washer
- Yes
- Washer/Dryer Stacked
- Yes
Interior Features
- Elevator
- Yes
- Fireplace
- Yes
- Floor – Vinyl Plank
- Yes
- Sauna/Steam
- Yes
- Window – Treatment All
- Yes
Exterior
- Balcony
- Yes
- Fireplace
- Yes
Waterfront Feature
- Shore – Beach
- Yes
Association Fees Include
- Business Center
- Yes
- Dumpster
- Yes
- Exercise Room
- Yes
- Game Room
- Yes
- Gated Community
- Yes
- Internet Service
- Yes
- Internet-WiFi
- Yes
- Laundry
- Yes
- Pool
- Yes
- Sauna/Steam Room
- Yes
- Security
- Yes
- Tennis
- Yes
- Trash Disposal
- Yes
- TV Cable
- Yes
- Water
- Yes
- Whirlpool
- Yes
Furnished
- Furnished
- Yes
Interior
- Bunk Hallway
- Yes
- Smart Thermostat
- Yes
Lot Features
- Dedicated Beach
- Yes
Parking Features
- Parking Lot
- Yes
Association Amenities
- BBQ Pit/Grill
- Yes
- Beach
- Yes
- Dumpster
- Yes
- Elevators
- Yes
- Exercise Room
- Yes
- Game Room
- Yes
- Gated Community
- Yes
- Pool
- Yes
- Sauna/Steam Room
- Yes
- Tennis
- Yes
- Waterfront
- Yes
- Whirlpool
- Yes
- Dining
- Yes
- Pickle Ball
- Yes
- Shuffleboard Court
- Yes
Rooms
- Bedroom
- Yes
Utilities
- TV Cable
- Yes
- Public Sewer – Connected
- Yes
- Public Water – Connected
- Yes
Waterview
- Gulf
- Yes
- Unobstructed
- Yes
Sale Type
- As Is
- Yes
Waterfront Type
- Gulf
- Yes
Bedroom
- Second
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
- Fireplace – Electric
- Yes
Security Features
- 24 Hour Security
- Yes
- Building Security
- Yes
- Fire Alarm
- Yes
- Fire Sprinkler System
- Yes
- Gated Community
- Yes
- Security Gate
- Yes
- Security Guard
- Yes
Property Features
Appliances:
Dishwasher; Dryer; Microwave; Oven – Electric; Refrigerator; Trash Compactor; Washer; Washer/Dryer Stacked
Bedroom:
Second
Cooling:
Central Air
Heating:
Central; Fireplace – Electric
Exterior:
Balcony; Fireplace
Association Fees Include:
Business Center; TV Cable; Dumpster; Exercise Room; Game Room; Gated Community; Internet Service; Internet-WiFi; Laundry; Pool; Sauna/Steam Room; Security; Whirlpool; Tennis; Trash Disposal; Water
Furnished:
Furnished
Interior:
Bunk Hallway; Smart Thermostat
Lot Features:
Dedicated Beach
Pool Features:
Heated – Gas; Saltwater; Spa/ Hot Tub
Security Features:
24 Hour Security; Building Security; Fire Alarm; Fire Sprinkler System; Gated Community; Security Gate; Security Guard
Parking Features:
Parking Lot
Association Amenities:
BBQ Pit/Grill; Beach; Dining; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Pickle Ball; Pool; Sauna/Steam Room; Shuffleboard Court; Whirlpool; Tennis; Waterfront
Rooms:
Bedroom
Sale Type:
As Is
Utilities:
TV Cable; Public Sewer – Connected; Public Water – Connected
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: September – 25 – 2026
Information deemed reliable but not guaranteed.