8743 Thomas Drive 309, Panama City Beach, FL 32408 (MLS# 784140)

Homestead: No

HOA Fee: Yes

HOA Amount: 2243

HOA Frequency: Quarterly

HOA Annual Amount: 8972

Senior Community: No

Is Subject Leased: No

New Buyer Fee: Yes

New Buyer Fee Amt: 250

New Buyer Fee Paid: $

Last Taxes: 3437.5

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

List Price/SqFt: 364.73

Status: Active

List Date: 2026-01-24

List Price: $269,900

Current Price: $269,900

Unit #: 309

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 Front Beach Road, turn south onto Joan Avenue, then take a right onto Thomas Drive. The Summit 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: The Summit

Parcel ID: 30236-059-000

Legal Description: THE SUMMIT UNIT 309 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4464 P 2022

Floor Number: 3

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

Pre-Const Flip: No

Lot Dimensions: NA

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

Remarks: Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309. Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the shoreline and a quick minutes walk to paradise. Inside, the open and airy layout is designed to maximize the view. The living area and breakfast bar frame the Gulf beautifully, creating the perfect backdrop for morning coffee or evening cocktails. A full kitchen features a refrigerator, range, dishwasher, and generous counter space, while the stacked washer and dryer add everyday convenience. The primary bedroom offers privacy and comfort, complemented by hallway bunk beds and a 1.5-bath layout with a shower/tub combo, allowing the condo to comfortably sleep 4-6 guests. Turn-key and rental ready, this unit is being sold fully furnished. Seller hasn't aggressively rented and there's room for GRI improvement here. Projections from Southern Vacation Rentals is $22-30k. Actual GRI for the past 3 years 2023/$25,392, 2024/$21,683, and 2025/$16,514. This unit does not have a washer/dryer. However, the HVAC is new as of 9/2025. Ownership at The Summit unlocks a true resort lifestyle. Enjoy two large beachfront pools, hot tubs, a fitness center, tennis and basketball courts, shuffleboard, picnic and grilling areas, and direct beach access. On-site conveniences include a tiki bar, market, and Bikini Bob's restaurant, making it easy to settle in and stay awhile. The gated community also offers on-site security and ample open parking. The location is only getting better. Situated on Thomas Drive near St. Andrews State Park, marinas, shopping, dining, and entertainment, the area continues to grow adding even more appeal for investors and vacationers alike. Whether you're searching for a high-performing income property, a low-maintenance second home, or your own slice of Gulf-front paradise, this condo delivers views, lifestyle, and opportunity in one unforgettable package. All information deemed reliable but not guaranteed and buyer to verify.

Fenced: 1

Heated - Gas: 1

Inground: 1

Spa/ Hot Tub: 1

Dishwasher: 1

Disposal: 1

Microwave: 1

Range - Electric: 1

Range Hood: 1

Refrigerator: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Elevator: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Lock Out Closet: 1

Pantry: 1

Window - Treatment All: 1

Concrete: 1

Foundation - On Piling: 1

Balcony: 1

Built-in Barbecue/Grill: 1

Fenced Lot-All: 1

Shore - Beach: 1

Accounting: 1

BBQ Pit/Grill: 1

Exercise Room: 1

Ground Keeping: 1

Insurance: 1

Internet Service: 1

Management: 1

Pest Control: 1

Pool: 1

Sauna/Steam Room: 1

Security: 1

Telephone: 1

Tennis: 1

TV Cable: 1

Water: 1

Cash: 1

Conventional: 1

Other: 1

Furnished: 1

Bunk Hallway: 1

Near Beach Access: 1

Waterfront: 1

City Street: 1

State Highway: 1

Gated: 1

MBath Shower/Tub Combo: 1

BBQ Pit/Grill: 1

Beach: 1

Boardwalk: 1

Business Center: 1

Community Room: 1

Conference Center: 1

Dumpster: 1

Elevators: 1

Game Room: 1

Gated Community: 1

Laundry: 1

Picnic Area: 1

Pool: 1

Security-24 hour: 1

Tennis: 1

Waterfront: 1

Other - See Remarks: 1

Bedroom: 1

Family Room: 1

TV Cable: 1

Phone - Connected: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Other - See Remarks: 1

Gulf: 1

As Is: 1

Gulf: 1

Central Air: 1

Electric: 1

Fire Alarm: 1

Smoke Detector(s): 1