Stunning Gulf-View Condo - Updated & Rental-Ready!The unique opportunity with an ASSUMABLE LOAN at 4.125 % interest rate! Monthly payment only $1,234.16Welcome to your dream beach retreat! Whether you're looking for a primary residence, vacation getaway, or income-generating investment, this condo checks all the boxes. With a proven rental history, this beautifully updated and well-maintained 1-bedroom, 1.5-bath unit is located on the 12th floor of the highly sought-after Summit Resort in Panama City Beach, FL. Enjoy breathtaking views of the Gulf and resort pools right from your private balcony.The condo comfortably sleeps 6 and features: A spacious master bedroom with a king-size bed A hallway alcove with bunk beds A queen sleeper sofa in the living areaModern upgrades include fresh paint, new flooring, stylish furniture, two TVs, and a fully renovated bathroom with a new shower, new plumbing, and toilets. The kitchen is fully equipped with new appliances: microwave, stove, oven, refrigerator, dishwasher, coffee maker, and more. Plus, the unit features a brand-new sliding glass door!Resort Amenities: Two large swimming pools & two kiddie pools Poolside tiki bar, Bikini Bob's restaurant, ice cream shop, and outdoor BBQ grills Indoor & outdoor hot tubs and two dry saunas Fully equipped fitness center and game room with pool table Tennis courts, shuffleboard courts Playground, picnic area, and a full-service beach with jet-skiing, parasailing, and moreIdeally located within walking distance to restaurants and entertainment, and just a short drive to Signal Hill Golf Course and vibrant beach clubs. Close to shopping, amusement parks, and some of the best fishing on the Gulf.Turnkey, rental-ready, and sold fully furnished - don't miss this incredible opportunity!
For sale
Price cut: $1K (8/30)
$327,000
8743 Thomas Dr UNIT 1207, Panama City Beach, FL 32408
1beds
740sqft
Est.:
Condominium
Built in 1984
-- sqft lot
$314,400 Zestimate®
$442/sqft
$748/mo HOA
What's special
Modern upgradesLarge swimming poolsPrivate balconyTennis courtsFully renovated bathroomFull-service beachShuffleboard courts
- 58 days
- on Zillow |
- 152 |
- 11 |
Zillow last checked: 7 hours ago
Listing updated: 7 hours ago
Listed by:
Alina Kvasha 850-708-5868,
Dalton Wade Inc
Source: CPAR,MLS#: 775784
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Area: 165
- Dimensions: 15 x 11
Kitchen
- Level: First
- Area: 63
- Dimensions: 9 x 7
Living room
- Level: First
- Area: 270
- Dimensions: 18 x 15
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
- Laundry: Stacked
Features
- Furnished: Yes
Interior area
- Total interior livable area: 740 sqft
Property
Parking
- Parking features: Gated, Parking Lot
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: In Ground, Pool, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Waterfront
Lot
- Features: Waterfront
Details
- Parcel number: 30236345000
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Foundation: Pillar/Post/Pier
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, High Speed Internet Available, Phone Available
Community & HOA
Community
- Features: Barbecue, Basketball Court, Beach, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Park, Sauna, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
- Security: Fire Alarm, 24 Hour Security, Smoke Detector(s), Security Service
- Subdivision: Summit
HOA
- Has HOA: Yes
- Amenities included: Business Center, Game Room, Sauna
- Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Pest Control, Phone, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
- HOA fee: $2,243 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $442/sqft
- Tax assessed value: $307,700
- Annual tax amount: $3,790
- Date on market: 7/2/2025
- Cumulative days on market: 58 days
- Listing terms: Assumable,Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
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