3-bedroom / 3-bathroom condos at The Summit Beach Resort in Panama City Beach, Florida seldom comes on the market. So, if you have been waiting for one, here's your chance! Spacious floor plan with open concept and large kitchen, dining and living area. All bedrooms have king-size beds and one with incredible gulf views and access to a wide balcony. This unit has tile floors throughout and can accommodate about 10-guests comfortably making a great rental investment with a potential estimated rental revenue of $90k a year.The Summit is a classic Panama City Beach vacation spot! This gated resort has 24-hour security and offers 2 large beachfront pools (one of them being heated), 2 kids pools, 3 hot tubs (one of them being indoors), Sauna, Game Room, Fitness Center, shuffleboard, owner's lounge, Convenience Stores, Tiki Bar and everyone's favorite, Bikini Bobs Bar & Grill! The elevators have just been fully upgraded! Located on the East side of Panama City Beach and across the street from the Slingshot, Hammerhead Fred's, Longboard Restaurant and a short 5-minute drive to St. Andrews State Park. All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important.
Sold for $625,000 on 05/22/23
$625,000
8743 Thomas Dr UNIT 1512, Panama City Beach, FL 32408
3beds
1,531sqft
Condominium
Built in 1984
-- sqft lot
$584,600 Zestimate®
$408/sqft
$3,550 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: October 15, 2024 at 10:16am
Listed by:
Alice de La Penha 850-771-3150,
Coldwell Banker Realty,
Sean P Casilli 850-771-7731,
Coldwell Banker Realty
Bought with:
Viola Zhuravel, SL3553750
Local Insight Realty
Source: CPAR,MLS#: 740927
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Description: Gulf Front
- Area: 150
- Dimensions: 10 x 15
Bedroom
- Area: 150
- Dimensions: 10 x 15
Bedroom
- Description: suite
- Area: 216
- Dimensions: 12 x 18
Primary bathroom
- Area: 28
- Dimensions: 4 x 7
Dining room
- Area: 98
- Dimensions: 7 x 14
Other
- Description: suite
- Area: 28
- Dimensions: 4 x 7
Other
- Description: J&J
- Area: 28
- Dimensions: 4 x 7
Kitchen
- Area: 130
- Dimensions: 10 x 13
Living room
- Area: 182
- Dimensions: 14 x 13
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
- Laundry: Washer Hookup, Dryer Hookup, Stacked
Features
- Breakfast Bar, Kitchen Island, Split Bedrooms
- Furnished: Yes
Interior area
- Total interior livable area: 1,531 sqft
Property
Parking
- Parking features: Parking Lot
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 30236446000
- Zoning description: Resid Multi-Family
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 1984
Utilities & green energy
- Utilities for property: Cable Connected, Trash Collection
Community & neighborhood
Security
- Security features: Gated Community, 24 Hour Security, Security Service
Community
- Community features: Barbecue, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Game Room, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated
Location
- Region: Panama City Beach
- Subdivision: The Summit
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $2,372 quarterly
- Amenities included: Beach Rights, Game Room, Gated
- Services included: Association Management, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
Other
Other facts
- Listing terms: Cash,Conventional