USAFLPanama City BeachThe Summit1202-8743 Thomas Dr

$290,000

For Sale

A month ago

1202 - 8743 Thomas Dr, Panama City Beach, FL

Name: 1202 - 8743 Thomas Dr, For Sale in Panama City Beach - eXp Realty
Brand: Think Real Estate
SKU: 791979
Price: 290000 USD

Condo

MLS® 791979

1 Bed

2 Bath

Key Facts
Description
Rooms
Map

Key Facts

Type Condominium

Levels Residential

Size -

Garage

HOA Fees

Taxes

Days Active 40

Approx. Age 1984

MLS® Number 791979

Property Address: 1202-8743 Thomas Dr, Panama City Beach, FL, 32408-4030

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

Description

Welcome to one of the most compelling investment opportunities on Panama City Beach. Positioned directly beside the all-new Tootsie's Orchid Lounge--now occupying the legendary former Spinnaker Beach Club--The Summit is poised to benefit from one of the area's biggest new entertainment destinations. This high-profile addition is expected to drive increased visitor traffic, extend guest stays, and strengthen rental demand, making an already proven income-producing resort even more attractive to investors. The Summit has long been recognized as one of Panama City Beach's premier short-term rental destinations, with decades of strong rental performance. Its unbeatable Gulf-front location, extensive resort amenities, and walkable access to restaurants, nightlife, attractions, and family entertainment continue to deliver exceptional appeal for both owners and vacationers. This fully furnished, rental-ready condo offers unobstructed Gulf views from its private balcony and features several valuable updates, including an upgraded tile walk-in shower, new windows, a new sliding glass door, new balcony railings, and an in-unit washer and dryer. The thoughtfully designed floor plan includes a king bedroom, hallway bunk beds, and a convenient half bath. Guests enjoy an unmatched resort experience featuring two Gulf-front swimming pools (one seasonally heated), children's pools, indoor and outdoor hot tubs, saunas, a fitness center, tennis and pickleball courts, shuffleboard, a poolside tiki bar, on-site dining at Bikini Bob's, barbecue and picnic areas, gated 24-hour security, and private beach access. Across the street are amusement attractions, restaurants, shopping, and entertainment, creating the convenience today's vacation renters actively seek. Whether you're expanding your investment portfolio or purchasing your first beachfront income property, The Summit continues to prove why it remains one of Panama City Beach's most dependable cash-flowing condominium communities. With the arrival of Tootsie's adding a powerful new demand driver next door and this unit's recent upgrades already in place, the future potential has never looked stronger. All information is deemed reliable but should be independently verified by buyers if important.

MLS® Number791979

Locker

Ensuite Laundry

Balcony

Furnished

Laundry Level

Exposure

Exterior

Garage

Approx. Age1984

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/CCentral Air

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Jun 29, 2026List Date

$290,000List Price

Commute

Commute

Starting Address

Destination Address

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