The Summit is a highly desirable beachfront condominium property with a long history of exceptional rental income. This 7th floor unit offers stunning views of the Gulf of Mexico. 1-bedroom with a king size bed, plus hallway bunk beds and a queen sofa sleeper. Full kitchen with all appliances, including a washer and dryer. This turn-key condo comes fully furnished and rental ready. Unit has new sliding glass doors and windows & new HVAC. The resort offers an abundance of amenities, including 2 large pools, 2 kiddie pools, 2 outdoor hot tubs, 1 indoor hot tub, dry saunas, fitness center, shuffleboard courts, tennis/pickleball courts, Bar-b-que grills & picnic areas, poolside tiki bar and Bikini Bob's restaurant. This beachfront condominium is across the street from numerous amusement rides and restaurants and close to shopping and sports complexes. All information is approximate and should be verified by buyers if important. **SELLER WILL CONSIDER OWNER FINANCING** (terms: 20% down, 8% interest rate, 30yr amortization, 3-5yr balloon).
Sold for $300,000 on 08/01/25
$300,000
8743 Thomas Dr UNIT 711, Panama City Beach, FL 32408
1beds
740sqft
Condominium
Built in 1984
-- sqft lot
$300,000 Zestimate®
$405/sqft
$2,727 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 11:19am
Listed by:
Mark Peery 517-230-3920,
Top Producers Real Estate Ctr
Bought with:
Mark Peery, SL3528343
Top Producers Real Estate Ctr
Source: CPAR,MLS#: 775069
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Other
- Description: Direct to Gulf of Mexico
- Area: 105
- Dimensions: 15 x 7
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Features
- Windows: Double Pane Windows
- Furnished: Yes
Interior area
- Total interior livable area: 740 sqft
Property
Parking
- Parking features: Additional Parking, Gated, Paved, Parking Lot
- Details: Driveway Spaces:1.00
Accessibility
- Accessibility features: Common Area
Features
- Patio & porch: Balcony, Covered, Patio
- Exterior features: Balcony, Sprinkler/Irrigation
- Pool features: Gunite, Gas Heat, In Ground, Pool, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 30236189000
- Zoning description: Resort
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Flat,Membrane
Condition
- Year built: 1984
Utilities & green energy
- Utilities for property: Cable Connected, Other, See Remarks, Trash Collection, Phone Available
Community & neighborhood
Security
- Security features: Building Security, Gated with Guard, 24 Hour Security, Smoke Detector(s), Security Service
Community
- Community features: Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Other, Park, Sauna, See Remarks, Short Term Rental Allowed, Sidewalks, Tennis Court(s), Pool
Location
- Region: Panama City Beach
- Subdivision: Summit
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $2,173 quarterly
- Amenities included: Picnic Area
- Services included: Association Management, Cable TV, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Phone, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
Other
Other facts
- Listing terms: Cash,Conventional,Owner May Carry