- Overview
- Description
- Property Details
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- HOA Management
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Street View
$314,900
Monthly Est:$1,567
1 Bed
- 2 Baths
1 full bath + 1 half bath
740sqft
8743 Thomas Dr #810, Panama City, FL 32408
$314,900
$1,567/moEst:
Get Pre-Approved
Condominium
Built in 1984
$748/mo HOA
-- sqft lot
$426/sq.ft
Description
Generating $59,343 in gross rental revenue from June 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.
- Houzeo last checked: 14 minutes ago
- Listing updated: October 28, 2026 at 8:52 pm
- Listing Provided by: Ramil Zartdinov (850) 819-1418 DRE #3315537 | Local Insight Realty (850) 832-9417
- Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 797015

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
-
County
City
Neighborhood
--
Year Built
1984
HOA Fees
$748/mo
Finished Area
740 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Bay/Panama City/Central Panhandle MLS
MLS Number
797015
MLS Status
Active
Days on Market
9
Cumulative Days on Market
110

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Location
HOA Management
N/A
HOA Fees
$748/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Tennis
Sewer
Trash Pickup
Cable TV
Security Guard
Internet
Spa
Water
Beach
Pools
AssociationManagement
Barbecue
FitnessFacility
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 2
Kitchen
Level: First
Area: 63.00 Square Feet
Dimensions: 9 x 7
PrimaryBedroom
Level: First
Area: 165.00 Square Feet
Dimensions: 15 x 11
LivingRoom
Level: First
Area: 270.00 Square Feet
Dimensions: 18 x 15
Interior
Flooring
Plank, Vinyl
Interior Features
Main Level Primary
Appliances
Washer Dryer Stacked, Electric Range, Electric Water Heater
Cooling
Central Air, Ceiling Fans
Heating
Central, Electric
Window Features
Double Pane Windows
Construction
Year Built
Year Built: 1984
Home type
Condominium
Architectural Style
High Rise
Foundation Details
Pillar Post Pier
Construction Materials
Stucco
Utilities & Energy
Security Features
Building Security, Security Gate, Gated With Guard, Security Service
Laundry Features
Stacked
Association Amenities
Beach Rights, Barbecue, Spa Hot Tub
Utilities
Electricity Available, Sewer Available
Pool Features
Gas Heat, In Ground, Community
Parking Features
Paved, Parking Lot
Other Features
Community Features
Barbecue, Beach, Elevator, Fitness Center, Laundry Facilities, Pool, Sauna, Tennis Courts, Waterfront, Community Pool, Short Term Rental Allowed
Subdivision Name
The Summit
Patio And Porch Features
Balcony
Price History
| Date | Event | Price |
|---|---|---|
10/26/2026 Source: | Price Decreased | $314,900 -1.25% $426/sqft |
09/12/2026 Source: | Price Decreased | $318,900 -0.31% $431/sqft |
08/30/2026 Source: | Price Decreased | $319,900 -5.88% $432/sqft |
06/26/2026 Source: | Price Increased | $339,900 +0.27% $459/sqft |
06/22/2026 Source: | Listed for Sale | $339,000 $458/sqft |
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Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:15PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®
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