8743 Thomas Drive 810, Panama City Beach, FL 32408 (MLS# 797015)

8743 Thomas Drive 810, Panama City Beach, FL 32408

New Listing

$314,900

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

Current Price: $314,900 List Date: 10/26/2026 Last Modified: 10/26/2026

Overview

Description

Generating $59,343 in gross rental revenue from July 2025 through July 2026–nearly 20% of the current asking price–this fully furnished, turnkey 8th-floor condo offers an exceptional opportunity to own a proven vacation rental in Panama City Beach. Even more impressive, the unit was off the rental market from November 2025 through April 2026 due to the resort's balcony renovation project. This beautifully updated 1-bedroom, 1.5-bath condo features direct beachfront access and stunning Gulf views from its private balcony. The interior boasts 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 tasteful coastal décor. Sleeping accommodations include a king bed with a new memory-foam mattress, a queen sleeper sofa with a new memory-foam mattress, and built-in twin-over-twin bunk beds. Additional features include an electric fireplace, in-unit washer and dry … (Read more)

Listing Details MLS# 797015

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
Accessory Dwelling Unit: No
Year Built: 1984
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Lot Dimensions: No

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 748
HOA Frequency: Monthly
HOA Annual Amount: 8976
New Buyer Fee: No
Last Taxes: 3451.63
Last Tax Year: 2025
Brokerage Interest: No Interest
Condo Doc: Yes

Remarks & Misc

Remarks: Generating $59,343 in gross rental revenue from July 2025 through July 2026–nearly 20% of the current asking price–this fully furnished, turnkey 8th-floor condo offers an exceptional opportunity to own a proven vacation rental in Panama City Beach. Even more impressive, the unit was off the rental market from November 2025 through April 2026 due to the resort's balcony renovation project. This beautifully updated 1-bedroom, 1.5-bath condo features direct beachfront access and stunning Gulf views from its private balcony. The interior boasts 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 tasteful coastal décor. Sleeping accommodations include a king bed with a new memory-foam mattress, a queen sleeper sofa with a new memory-foam mattress, and built-in twin-over-twin bunk beds. Additional features include an electric fireplace, in-unit washer and dryer, and two TVs. The condo comes fully furnished, with established Airbnb and VRBO listings and hundreds of 5-star reviews, providing a strong foundation for continued vacation-rental success. The Summit offers an impressive lineup of amenities, including 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 popular new Tootsie's venue, restaurants, entertainment, and Panama City Beach attractions, this property is ideal as an income-producing investment or personal beach getaway. With documented rental performance, direct Gulf access, and convenient resort amenities, this is an opportunity to own a turnkey beachfront property in one of Panama City Beach's most recognizable resorts.

Pool Features

Heated – Gas: Yes
Inground: Yes

More Information

Appliances

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

Interior Features

Breakfast Bar: Yes
Floor – Vinyl Plank: Yes
Window – Treatment All: Yes

Construction/Siding

Foundation – On Piling: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes
Double Pane Windows: Yes

Waterfront Feature

Shore – Beach: Yes

Association Fees Include

BBQ Pit/Grill: Yes
Beach: Yes
Exercise Room: Yes
Internet-WiFi: Yes
Master Association: Yes
Pool: Yes
Security: Yes
Sewer: Yes
Tennis: Yes
Trash Disposal: Yes
TV Cable: Yes
Water: Yes
Whirlpool: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Kitchen

First: Yes

Living Room

First: Yes

Parking Features

Parking Lot: Yes
Paved: Yes

Present Zoning

City: Yes
Commercial: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Elevators: Yes
Exercise Room: Yes
Laundry: Yes
Pool: Yes
Sauna/Steam Room: Yes
Security-24 hour: Yes
Tennis: Yes
Waterfront: Yes
Whirlpool: Yes

Rooms

Kitchen: Yes
Living Room: Yes
Primary Bedroom: Yes

Showing

ShowingTime: Yes

Utilities

Electricity – Connected: Yes
Sewer Available: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Waterfront Type

Gulf: Yes

Primary Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Security Features

Building Security: Yes
Gated with Guard: Yes
Security Gate: Yes

Property Features

Appliances: Dishwasher; Microwave; Range – Electric; Refrigerator; Washer/Dryer Stacked; Water Heater – Electric Primary Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony; Double Pane Windows Association Fees Include: BBQ Pit/Grill; Beach; TV Cable; Exercise Room; Internet-WiFi; Master Association; Pool; Security; Sewer; Whirlpool; Tennis; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Kitchen: First Living Room: First Pool Features: Heated – Gas; Inground Security Features: Building Security; Gated with Guard; Security Gate Parking Features: Parking Lot; Paved Association Amenities: BBQ Pit/Grill; Beach; Elevators; Exercise Room; Laundry; Pool; Sauna/Steam Room; Security-24 hour; Whirlpool; Tennis; Waterfront Rooms: Kitchen; Living Room; Primary Bedroom Sale Type: As Is Showing: ShowingTime Utilities: Electricity – Connected; Sewer Available; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf Present Zoning: Commercial

Room Information

Room Name	Level	Dimensions	Length	Width
Living Room	First	18 x 15	18.00	15.00
Primary Bedroom	First	15 x 11	15.00	11.00
Kitchen	First	9 x 7	9.00	7.00

Listing Office: Local Insight Realty

Last Updated: October – 26 – 2026

Information deemed reliable but not guaranteed.