USAFLPanama City BeachThe Summit209-8743 Thomas Dr

209-8743 Thomas Dr, Panama City Beach, FL

Name: 209 - 8743 Thomas Dr, For Sale in Panama City Beach - eXp Realty
Brand: Alikhver Realty
SKU: 791704
Price: 349000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$349,000

120

MLS® 791704

Key Facts
Description
Map

Key Facts

Type Condominium

Levels Residential

Size -

Garage

HOA Fees

Taxes

Days Active 0

Approx. Age 1984

MLS® Number 791704

Property Address: 209-8743 Thomas Dr, Panama City Beach, FL, 32408-4030

Average square foot calculated using Size range provided by listing agent.

Description

$70, 121 in revenue June '25 to May '26: a 20.1% ROI on the asking price! One of the strongest-earning 1-bedrooms at The Summit, this fully renovated, direct-beachfront 1BR/2BA pairs chart-topping income with a feature that is almost impossible to find on the sand: a low, 2nd-floor location. There are no elevator waits - guests simply take the stairs and they are on the beach in seconds. The Gulf and the resort pools sit at near-eye level from the private beachfront balcony, and it is the single most praised detail across years of five-star reviews. It is also exactly why 209 out-earns Summit units on the floors above it. Beautifully updated throughout, the condo features wood-look plank flooring, a granite kitchen with glass-tile backsplash, stainless appliances and a dishwasher, refreshed bathrooms, and a smart Nest thermostat. A king bedroom, a queen sleeper sofa, a built-in twin-over-twin bunk nook the kids love, and two comfortable recliners let it sleep five. An in-unit washer and dryer plus new sliding glass doors complete a true turnkey package. The timing could not be better: the new Tootsie's just opened next door in the legendary former Spinnaker Beach Club and it is already packed, pulling fresh nightlife and foot traffic straight to the resort. The Summit offers two Gulf-front pools (one seasonally heated) and two children's pools, two outdoor and one indoor hot tub, his-and-hers saunas, a fitness center, tennis and pickleball, shuffleboard, a poolside tiki bar, the on-site Bar & Grill, and gated 24-hour security with direct private beach access. With established Airbnb and VRBO listings and a loyal base of repeat guests, this condo has a proven track record of success, and nearly 40% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. The income is the headline, and the rare 2nd floor is the edge no higher unit can match. ***Visit listings.megavacations.net for the full portfolio -- document vault, detailed financials, photos, and more.***

MLS® Number791704

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1984

Stories15

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 22, 2026List Date

$349,000List Price

Commute

Commute

Starting Address

Destination Address

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Listing Agent

Gleb Alikhver

[email protected]

(404) 933-7966

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