Address
8743 Thomas Drive 1412, Panama City Beach, FL
Price
$ 325,000
Property Attributes
- MLS#787742
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodSummit
- Zip32408
- Style
- Year Built1984
- Price$ 325,000
- Bedrooms1
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage740
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Gulf-front investment opportunity at Summit Beach Resort #1412 in Panama City Beach. This 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 layout that comfortably sleeps up to five guests. The unit features a fully equipped kitchen, in-unit washer and dryer, and a spacious living area with a sleeper sofa to maximize occupancy. The primary bedroom includes an ensuite bath, with an additional half bath conveniently located in the hallway for guests. Summit Beach Resort is a well-known, amenity-rich complex offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. This property presents strong income potential with minor cosmetic updates such as paint and furnishings. Updated units in the complex command higher rental rates, making this an excellent value-add opportunity for investors. Located on the east end of Panama City Beach, just minutes from dining, shopping, golf, and entertainment. Close proximity to the new Tootsie's Orchid Lounge opening nearby is expected to further enhance rental demand and area growth. Whether you're seeking a short-term rental investment or a personal beachfront getaway, this unit offers both immediate enjoyment and upside potential.
| Elementary School | Middle School | High School |
|---|---|---|
| Breakfast Point Elementary School | Breakfast Point Middle School | Arnold High School |
| Price History | |
|---|---|
| 4/1/2026 | Listed $325,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available,High Speed Internet Available |
| Property Subtype | Condominium |
| Community Features | Barbecue,Basketball Court,Beach,Elevator,Fitness Center,Game Room,Gated,Laundry Facilities,Park,Pool,Sauna,Shopping,Tennis Court(s),Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Summit |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | Hwy 98 to West on Front Beach Rd. Left on Joan Ave. Right on Thomas Dr. to 8743. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Breakfast Point |
| Middle/Junior High School | Breakfast Point |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Game Room,Gated,Gazebo,Barbecue,Picnic Area,Spa/Hot Tub |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 1984 |
| Heating | Central,Electric |
| Cooling | Central Air |
| Appliances | Washer/Dryer Stacked,Electric Range,Plumbed For Ice Maker |
| Patio/Porch Features | Balcony |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 2 |
| Full Baths | 1 |
| Architectural Style | High Rise |
| Pool Features | Gunite,Electric Heat,In Ground,Community |
| Security Features | Carbon Monoxide Detector(s),Firewall(s),24 Hour Security,Fire Alarm,Security Gate,Smoke Detector(s),Security Service |
| Unit Number | 1412 |
| Building Features | Dumpster |
| New Construction | false |
| Spa Features | Community |
Interior Features
| Total Baths | 2 |
|---|---|
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 1 |
| LivingAreaSource | Appraiser |
| Half Baths | 1 |
| Laundry Features | Stacked |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Dimensions | NA |
| Mobile Home Dimensions | Feet |
| Road Frontage Type | City Street |
| Parking Features | Gated,Paved,Parking Lot |
| Building Area Total | 740 |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32408
Price
Year Built
In The Neighborhood
Panama City
$ 325,000
8743 Thomas Drive 207
Panama City, FL 32408
- Type
- Condos
- Size
- 740 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City Beach
$ 315,000
8743 Thomas Drive 710
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 740 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City Beach
$ 285,000
8743 Thomas Drive Unit 931
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 740 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City
$ 319,000
8743 Thomas Drive 827
Panama City, FL 32408
- Type
- Condos
- Size
- 740 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City Beach
$ 299,000
8743 Thomas Drive 720
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 740 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City Beach
$ 330,000
8743 Thomas Drive 1420
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 740 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City Beach
$ 279,900
8743 S Thomas Drive 1318
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 740 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
