8743 Thomas Drive 1105, Panama City, FL 32408 (MLS# 787371)

Homestead: No

HOA Fee: Yes

HOA Amount: 2245

HOA Frequency: Quarterly

HOA Annual Amount: 8980

Is Subject Leased: No

New Buyer Fee: Yes

New Buyer Fee Amt: 250

New Buyer Fee Paid: $

Last Taxes: 3508

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

List Price/SqFt: 429.73

Status: Active

List Date: 2026-03-25

List Price: $318,000

Current Price: $318,000

Unit #: 1105

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: From US Highway 98, turn onto Joan Ave, then right onto Thomas Drive. Complex will be on the left.

Area: 03 - Bay County - Beach

Street #: 8743

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Summit

Parcel ID: 30236-311-000

Legal Description: THE SUMMIT UNIT 1105 1BR 1.5B 740 H&C ORB 989 P 1046 . PLAN A ORB 4552 P 994 .

Floor Number: 11

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 740

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Half Baths: 1

# of Stories in Building: 15

# of Units in Bldg: 449

Units Above Ground: 449

Pre-Const Flip: No

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 1

Full Baths: 1

Total Baths: 2

Year Built: 1984

Remarks: Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door-- adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential. Resort Amenities: • Gated Community • 24/7 Onsite Security • Private Beach Access • 2 Pools and 2 Hot Tubs (7am-11pm) • Fitness Center and Sauna (7am-11pm) • Basketball Court • Tennis Court • Pickleball Court • 2 Shuffleboards • Tiki Bar (Seasonal) • Bikini Bob's (Seasonal) • Game Room (8am-11pm) • Charcoal Grills & Picnic Area

First: 1

Gunite Concrete: 1

Heated - Gas: 1

Inground: 1

Cooktop - Electric: 1

Dishwasher: 1

Disposal: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer/Dryer Stacked: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Elevator: 1

Floor - Tile: 1

Window - Treatment All: 1

Roof - Metal: 1

Siding - Stucco: 1

Balcony: 1

Shore - Beach: 1

Accounting: 1

BBQ Pit/Grill: 1

Exercise Room: 1

Game Room: 1

Gated Community: 1

Ground Keeping: 1

Insurance: 1

Management: 1

Picnic Area: 1

Pool: 1

Sauna/Steam Room: 1

Sewer: 1

Trash Disposal: 1

Water: 1

Whirlpool: 1

Cash: 1

Conventional: 1

Furnished: 1

Bunk Hallway: 1

First: 1

City Street: 1

Paved Road: 1

Electric Gate: 1

Gated: 1

Parking Lot: 1

BBQ Pit/Grill: 1

Beach: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Game Room: 1

Gated Community: 1

Pool: 1

Waterfront: 1

Whirlpool: 1

Balcony: 1

Bedroom: 1

Living Room: 1

Cable - Available: 1

Electricity - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

As Is: 1

Gulf: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Forced Air: 1

24 Hour Security: 1

Building Security: 1

Gated Community: 1

Gated with Guard: 1

Security Guard: 1

Smoke Detector(s): 1