$324,000
Panama City Beach, FL 32408
MLS# 775784
1 beds | 2 baths | 740 sqft
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Property Description
Stunning Gulf-View Condo - Updated & Rental-Ready! The unique opportunity with an ASSUMABLE LOAN at 4.125 % interest rate! Monthly payment only $1,234.16 Welcome to your dream beach retreat! Whether you're looking for a primary residence, vacation getaway, or income-generating investment, this condo checks all the boxes. With a proven rental history, this beautifully updated and well-maintained 1-bedroom, 1.5-bath unit is located on the 12th floor of the highly sought-after Summit Resort in Panama City Beach, FL. Enjoy breathtaking views of the Gulf and resort pools right from your private balcony. The condo comfortably sleeps 6 and features: • A spacious master bedroom with a king-size bed • A hallway alcove with bunk beds • A queen sleeper sofa in the living area Modern upgrades include fresh paint, new flooring, stylish furniture, two TVs, and a fully renovated bathroom with a new shower, new plumbing, and toilets. The kitchen is fully equipped with new appliances: microwave, stove, oven, refrigerator, dishwasher, coffee maker, and more. Plus, the unit features a brand-new sliding glass door! Resort Amenities: • Two large swimming pools & two kiddie pools • Poolside tiki bar, Bikini Bob's restaurant, ice cream shop, and outdoor BBQ grills • Indoor & outdoor hot tubs and two dry saunas • Fully equipped fitness center and game room with pool table • Tennis courts, shuffleboard courts • Playground, picnic area, and a full-service beach with jet-skiing, parasailing, and more Ideally located within walking distance to restaurants and entertainment, and just a short drive to Signal Hill Golf Course and vibrant beach clubs. Close to shopping, amusement parks, and some of the best fishing on the Gulf. Turnkey, rental-ready, and sold fully furnished - don't miss this incredible opportunity!
Details
Maps
Contract Info
Status: Active
List Date: 2025-07-02
List Price: $324,000
List Price/SqFt: 437.84
Current Price: $324,000
Location
Area: 03 - Bay County - Beach
Street #: 8743
Street Name: Thomas
Street Suffix: Drive
Unit #: 1207
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Summit
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 30236-345-000
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: FROM HATHAWAY BRIDGE HEADING WEST, TURN LEFT ONTO JOAN AVE. TURN RIGHT ONTO THOMAS DRIVE, SUMMIT ON LEFT.
Legal Description: THE SUMMIT UNIT 1207 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4528 P 1843
General Property Info
Sub-Type: Condominium
Floor Number: 12
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 740
SqFt Source: An Appraiser
Bedrooms: 1
Full Baths: 1
Half Baths: 1
Total Baths: 2
Year Built: 1984
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0*0*0
Pool: Yes
Pool Type: Community
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer/Dryer Stacked
Master Bedroom: First
Cooling: Ceiling Fan(s); Central Air
Exterior: Balcony
Association Fees Include: Business Center; TV Cable; Community Room; Dumpster; Exercise Room; Game Room; Insurance; Internet-WiFi; Management; Pest Control; Pool; Sauna/Steam Room; Security; Sewer; Telephone; Tennis; Trash Disposal; Water
Financing: Assume w/int; Cash; Conventional; FHA; VA
Furnished: Furnished
Interior: Bunk Hallway
Kitchen: First
Living Room: First
Lot Features: Waterfront
Lot Access: Paved Road
Pool Features: Inground
Security Features: 24 Hour Security; Fire Alarm; Security Gate; Security Guard; Security Lights; Security Service; Smoke Detector(s)
Parking Features: Gated; Parking Lot
Association Amenities: Basketball Court; BBQ Pit/Grill; Beach; Business Center; Community Room; Dumpster; Elevators; Exercise Room; Game Room; Gated Community; Laundry; Conference Center; Picnic Area; Pool; Sauna/Steam Room; Security-24 hour; Tennis; Waterfront
Rooms: Kitchen; Living Room; Master Bedroom
Utilities: TV Cable; Electricity - Connected; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Gulf
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 15 x 11 | 15.00 | 11.00 | 15 x 11 |
| Living Room | First | 18 x 15 | 18.00 | 15.00 | 18 x 15 |
| Kitchen | First | 9 x 7 | 9.00 | 7.00 | 9 x 7 |
Listing Office: Dalton Wade Inc
Last Updated: October - 09 - 2025
Information deemed reliable but not guaranteed.