8743 Thomas DR #1412, Panama City Beach, FL 32408
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8743 Thomas DR #1412, Panama City Beach, FL 32408
8743 Thomas DR #1412, Panama City Beach, FL 32408
8743 Thomas DR #1412, Panama City Beach, FL 32408
8743 Thomas DR #1412, Panama City Beach, FL 32408
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$ 325,000
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8743 Thomas DR #1412 Panama City Beach, FL 32408

1 Bed

2 Baths

740 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 740 sqft

Price per Sqft $439

Subdivision Summit

MLS Listing ID 787742

Style High Rise

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Y/N Yes

Year Built 1984

Property Sub-Type Condominium

Property Description

Gulf-front investment opportunity at Summit Beach Resort #1412 in Panama City Beach. This one-bedroom, one-and-a-half-bath condominium offers stunning, unobstructed views of the Gulf of Mexico from a private balcony and a highly functional layout that comfortably sleeps up to five guests.

The unit features a fully equipped kitchen, in-unit washer and dryer, and a spacious living area with a sleeper sofa to maximize occupancy. The primary bedroom includes an ensuite bath, with an additional half bath conveniently located in the hallway for guests.

Summit Beach Resort is a well-known, amenity-rich complex offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop.

This property presents strong income potential with minor cosmetic updates such as paint and furnishings. Updated units in the complex command higher rental rates, making this an excellent value-add opportunity for investors.

Located on the east end of Panama City Beach, just minutes from dining, shopping, golf, and entertainment. Close proximity to the new Tootsie's Orchid Lounge opening nearby is expected to further enhance rental demand and area growth.

Whether you're seeking a short-term rental investment or a personal beachfront getaway, this unit offers both immediate enjoyment and upside potential.

Location

State FL

County Bay

Community Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Park, Pool, Sauna, Shopping, Tennis Court(S), Waterfront, Community Pool, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Heating Central, Electric

Cooling Central Air

Fireplace No

Appliance Washer/Dryer Stacked, Electric Range, Plumbed For Ice Maker

Laundry Stacked

Exterior

Parking Features Gated, Paved, Parking Lot

Pool Gunite, Electric Heat, In Ground, Community

Community Features Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Park, Pool, Sauna, Shopping, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed

Utilities Available Cable Connected, Electricity Available, High Speed Internet Available

Amenities Available Beach Rights, Game Room, Gated, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub

Waterfront Description Gulf,Shoreline - Sand

View Y/N Yes

Water Access Desc Gulf,Shoreline - Sand

View Gulf

Porch Balcony

Private Pool No

Building

Lot Description Paved

Sewer Public Sewer

Architectural Style High Rise

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

Restrictions Short Term Rentals Allowed

Tax ID 30236-414-000

Security Features Carbon Monoxide Detector(s),Firewall(s),24 Hour Security,Fire Alarm,Security Gate,Smoke Detector(s),Security Service

Special Listing Condition Listed As-Is


Listed by SweetBay Realty

Schools and Properties Nearby

Kerry Jayne Jackson

Kerry Jayne Jackson

Broker Associate | License ID: 7692

+1(850) 960-8646

Learn More About LPT Realty

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8743 Thomas DR #1412