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

Floor Number: 8

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

Accessory Dwelling Unit: No

Lot Dimensions: 0

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

List Price/SqFt: 425.54

Status: Active

List Date: 2026-10-21

List Price: $314,900

Current Price: $314,900

Unit #: 810

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: 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.

Area: 03 - Bay County - Beach

Street #: 8743

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: The Summit

Parcel ID: 30236-220-000

Legal Description: THE SUMMIT UNIT 810 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4382 P 247

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: 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.

Heated - Gas: 1

Inground: 1

Dishwasher: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer/Dryer Stacked: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Floor - Vinyl Plank: 1

Window - Treatment All: 1

Foundation - On Piling: 1

Siding - Stucco: 1

Balcony: 1

Double Pane Windows: 1

Shore - Beach: 1

BBQ Pit/Grill: 1

Beach: 1

Exercise Room: 1

Internet-WiFi: 1

Master Association: 1

Pool: 1

Security: 1

Sewer: 1

Tennis: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Whirlpool: 1

Cash: 1

Conventional: 1

Furnished: 1

First: 1

First: 1

Parking Lot: 1

Paved: 1

City: 1

Commercial: 1

BBQ Pit/Grill: 1

Beach: 1

Elevators: 1

Exercise Room: 1

Laundry: 1

Pool: 1

Sauna/Steam Room: 1

Security-24 hour: 1

Tennis: 1

Waterfront: 1

Whirlpool: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

ShowingTime: 1

Electricity - Connected: 1

Sewer Available: 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

Building Security: 1

Gated with Guard: 1

Security Gate: 1