$313,500
Panama City, FL 32408
MLS# 787371
1 beds | 2 baths | 740 sqft

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Property Description
Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door-- adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential. Resort Amenities: • Gated Community • 24/7 Onsite Security • Private Beach Access • 2 Pools and 2 Hot Tubs (7am-11pm) • Fitness Center and Sauna (7am-11pm) • Basketball Court • Tennis Court • Pickleball Court • 2 Shuffleboards • Tiki Bar (Seasonal) • Bikini Bob's (Seasonal) • Game Room (8am-11pm) • Charcoal Grills & Picnic Area
Details
Maps
Contract Info
List Price/SqFt: 423.65
Status: Active
List Date: 2026-03-25
List Price: $313,500
Current Price: $313,500
Location
Unit #: 1105
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: From US Highway 98, turn onto Joan Ave, then right onto Thomas Drive. Complex will be on the left.
Area: 03 - Bay County - Beach
Street #: 8743
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Summit
Parcel ID: 30236-311-000
Legal Description: THE SUMMIT UNIT 1105 1BR 1.5B 740 H&C ORB 989 P 1046 . PLAN A ORB 4552 P 994 .
General Property Info
Floor Number: 11
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 740
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Prop App Site
Half Baths: 1
# of Stories in Building: 15
# of Units in Bldg: 449
Units Above Ground: 449
Pre-Const Flip: No
Lot Dimensions: 0x0
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 1
Full Baths: 1
Total Baths: 2
Year Built: 1984
Listing Info, Tax and Legal
Homestead: No
HOA Fee: Yes
HOA Amount: 2245
HOA Frequency: Quarterly
HOA Annual Amount: 8980
Is Subject Leased: No
New Buyer Fee: Yes
New Buyer Fee Amt: 250
New Buyer Fee Paid: $
Last Taxes: 3508
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Remarks & Misc
Remarks: Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door-- adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential.
Resort Amenities:
• Gated Community
• 24/7 Onsite Security
• Private Beach Access
• 2 Pools and 2 Hot Tubs (7am-11pm)
• Fitness Center and Sauna (7am-11pm)
• Basketball Court
• Tennis Court
• Pickleball Court
• 2 Shuffleboards
• Tiki Bar (Seasonal)
• Bikini Bob's (Seasonal)
• Game Room (8am-11pm)
• Charcoal Grills & Picnic Area
Balcony
First: 1
Pool Features
Gunite Concrete: 1
Heated - Gas: 1
Inground: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Electric: 1
Range - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Elevator: 1
Floor - Tile: 1
Window - Treatment All: 1
Construction/Siding
Roof - Metal: 1
Siding - Stucco: 1
Exterior
Balcony: 1
Waterfront Feature
Shore - Beach: 1
Association Fees Include
Accounting: 1
BBQ Pit/Grill: 1
Exercise Room: 1
Game Room: 1
Gated Community: 1
Ground Keeping: 1
Insurance: 1
Management: 1
Picnic Area: 1
Pool: 1
Sauna/Steam Room: 1
Sewer: 1
Trash Disposal: 1
Water: 1
Whirlpool: 1
Financing
Cash: 1
Conventional: 1
Furnished
Furnished: 1
Interior
Bunk Hallway: 1
Living Room
First: 1
Lot Access
City Street: 1
Paved Road: 1
Parking Features
Electric Gate: 1
Gated: 1
Parking Lot: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Dumpster: 1
Elevators: 1
Exercise Room: 1
Game Room: 1
Gated Community: 1
Pool: 1
Waterfront: 1
Whirlpool: 1
Rooms
Balcony: 1
Bedroom: 1
Living Room: 1
Utilities
Cable - Available: 1
Electricity - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Sale Type
As Is: 1
Waterfront Type
Gulf: 1
Bedroom
First: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Forced Air: 1
Security Features
24 Hour Security: 1
Building Security: 1
Gated Community: 1
Gated with Guard: 1
Security Guard: 1
Smoke Detector(s): 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric; Forced Air
Exterior: Balcony
Association Fees Include: Accounting; BBQ Pit/Grill; Exercise Room; Game Room; Gated Community; Insurance; Ground Keeping; Management; Picnic Area; Pool; Sauna/Steam Room; Sewer; Whirlpool; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Interior: Bunk Hallway
Living Room: First
Lot Access: City Street; Paved Road
Balcony: First
Pool Features: Gunite Concrete; Heated - Gas; Inground
Security Features: 24 Hour Security; Building Security; Gated Community; Gated with Guard; Security Guard; Smoke Detector(s)
Parking Features: Electric Gate; Gated; Parking Lot
Association Amenities: BBQ Pit/Grill; Beach; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Pool; Whirlpool; Waterfront
Rooms: Balcony; Bedroom; Living Room
Sale Type: As Is
Utilities: Cable - Available; Electricity - Connected; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
| Bedroom | First | 12 x 15 | 12.00 | 15.00 | King bed |
| Living Room | First | 18 x 15 | 18.00 | 15.00 | Beautiful Gulf View |
| Balcony | First | 15 x 6 | 15.00 | 6.00 | Relax and Enjoy |
Listing Office: Coastal Living Realty & Associates
Last Updated: May - 07 - 2026
Information deemed reliable but not guaranteed.
