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For sale
  • $350,000

    8743 Thomas Dr UNIT 518, Panama City Beach, FL 32408

    1beds
    740sqft
    : 
    Condominium
    Built in 1984
    -- sqft lot
    $332,800 Zestimate®
    $473/sqft
    $748/mo HOA

    What's special

    Two poolsDirect beach accessHot tubs
    Unit 518 at The Summit is a prime investment opportunity in one of Panama City Beach's most established Gulf-front resorts. This income-generating condo offers direct beach access and full resort amenities, including two pools, hot tubs, fitness center, tiki bar, on-site market, and 24/7 security--features that drive consistent guest demand year-round. With a proven rental history, and professional management in place this unit is turn-key and ready to continue producing revenue! The Summit's central location on Thomas Drive provides walkable access to restaurants, shops, and family attractions, further enhancing its appeal to vacation renters. Whether you're looking to expand your short-term rental portfolio or secure a high-yield beach asset with strong appreciation potential, Unit 518 delivers both immediate cash flow and long-term upside in the heart of PCB!!! Contact me today!
    23 days
    on Zillow
    |
    443
    |
    27
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 03:37pm

    Listed by:

    Viola Zhuravel 850-960-2455,

    Fun Quest Vacation Rentals Corp

    Source: CPAR,MLS#: 776840MLS LogoOriginating MLS: Central Panhandle Association of REALTORS
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 8743 Thomas Dr UNIT 518.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Primary Bedroom
    Primary bedroom
    • Level: First
    • Area: 165
    • Dimensions: 15 x 11
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
    • Laundry: Stacked
    Features
    • Breakfast Bar
    • Furnished: Yes
    Interior area
    • Total interior livable area: 740 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Patio & porch: Balcony
    • Exterior features: Balcony
    • Pool features: In Ground, Pool, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand, Waterfront
    Lot
    • Features: Waterfront
    Details
    • Parcel number: 30236132000
    • Zoning description: Resid Single 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

    Community & HOA

    Community
    • Features: Barbecue, Elevator, Fitness Center, Game Room, Laundry Facilities, Sauna, Short Term Rental Allowed, Gated, Pool
    • Security: Building Security, Gated Community, Smoke Detector(s), Security Service
    • Subdivision: Summit
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Game Room, Gated
    • Services included: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Security, Trash, Water
    • HOA fee: $2,243 quarterly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $473/sqft
    • Tax assessed value: $307,700
    • Annual tax amount: $3,948
    • Date on market: 7/28/2025
    • Listing terms: Cash,Conventional
    • Road surface type: Paved
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