active Listed As-Is

$374,000

8743 Thomas Drive 505, Panama City Beach, FL 32408

1Beds
1Baths
740Sq Ft
5Floor
1984Year Built
$748.33/moHOA
On site 0 days

Details

Fully furnished · Short-term rental allowed

HOA Dues Include

  • FitnessFacility
  • Insurance
  • Internet
  • MaintenanceGrounds
  • PestControl
  • Pools
  • Sewer
  • Security
  • TennisCourts
  • Water

Adds it to your Decision Center — a step-by-step look at what owning this unit actually costs.

Nearby Schools

ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold

Property Details

Gulf and sand shoreline view · paved, parking lot, gated entry parking · Currently tenant-occupied

About This Property

Enjoy beautiful Gulf views from this recently completely renovated, fully furnished 5th floor condo at The Summit. This 1-bedroom, 1-bath unit with a twin-bed nook in the hallway accommodates up to five guests. The quality remodel complements an exceptional rental history and impressive rental income, making this unit an appealing beach getaway or investment property. The spacious Gulf-front balcony features updated epoxy flooring and a new railing. Resort amenities include direct beach access, two pools--one seasonally heated--two hot tubs, a fitness center, game room, tennis courts, and convenient on-site dining and refreshments. Head next door to Tootsie's Orchid Lounge for food, drinks, and live music, or explore nearby shopping, entertainment, and St. Andrews State Park. For buyers who retain the current rental management company, management is prepared to honor existing reservations, assist with a smooth ownership transition, and offer a discounted management rate.

Location

Sub area
Beach – South of Grand Lagoon
Subdivision
Summit
Waterfront
Yes
Parcel ID
30236-119-000
Legal description
THE SUMMIT UNIT 505 TIMESHARE CANCELED ORB 989 P 1046 ORB 4015 P 181 PLAN A 1BR 1.5B 740 H&C
Directions
From Panama City, take Hwy 98 West across the Hathaway Bridge toward Panama City Beach. Turn left onto Front Beach Rd, left onto Joan Ave, then right onto Thomas Dr. The Summit will be on your left.

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Property

List price per heated sq ft
$505
Garage
No

Lot & Exterior

Lot features
Paved
Patio / porch
Balcony

Taxes

Tax Estimate
$3,508 (2025)
Interior, Amenities & More

Interior Features: Main Level Primary, Sitting Area In Primary, Shower Only

Appliances: Electric Oven, Electric Water Heater

Association Amenities: Beach Rights, Game Room, Gated, Barbecue, Picnic Area, Spa Hot Tub

Pool: Electric Heat, In Ground, Community

Security: Gated With Guard, Gated Community, Twenty Four Hour Security, Fire Alarm, Security Gate

Heating: Central, Electric

Cooling: Central Air, Ceiling Fans

Architectural Style: High Rise

Square Footage Source: Appraiser

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Ask About This Listing

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Call (850) 866-1149

Listed by Gregory B Ward, Keller Williams Success Realty · gregward@kw.com

Equal Housing Opportunity
Equal Housing
Opportunity
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.
Brokerage: CENTURY 21 AllPoints Realty, licensed real estate broker. Last updated on October 30, 2026 at 9:20 PM CDT