FL > Panama City Beach > The Summit
Panama City Beach, FL 32408,8743 Thomas DR #209
Panama City Beach, FL 32408,8743 Thomas DR #209
Panama City Beach, FL 32408,8743 Thomas DR #209
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$349,000
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1 Bed
2 Baths
740 SqFt
New

8743 Thomas DR #209 Panama City Beach, FL 32408

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Michele Monastra

Michele Monastra

+1(850) 493-7653

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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 740 sqft

Price per Sqft $471

Subdivision The Summit

MLS Listing ID 781631

Style High Rise

Bedrooms 1

Full Baths 1

Half Baths 1

HOA Y/N Yes

Year Built 1984

Annual Tax Amount $3,948

Tax Year 2024

Property Sub-Type Condominium

Property Description

$65,873.99 in revenue June '24 - July '25: 18.88% ROI on the ask! One of the strongest 1-bedroom earners at The Summit—an effortless, highly reliable income performer with upgrades throughout and zero upcoming balcony window expenses because the special assessment has already been fully paid. A standout investment opportunity, this beautifully updated ground-floor Direct Beachfront 1BR/1.5BA offers the rare advantage of no elevator needed, making it a guest-favorite and a consistent year-round rental machine. Renovations include upgraded kitchen and bathroom cabinetry, a brand-new washer and dryer in the unit, a new sleeper sofa, a king bed in the primary bedroom, hallway bunk beds, and a sleek electric fireplace that adds a designer touch to the living area. Comfortably sleeping 5 guests, this turnkey condo delivers impressive returns with minimal effort in one of Panama City Beach's most iconic beachfront resorts. The Summit offers exceptional amenities including beachfront pools, hot tubs, a fitness center, onsite dining, saunas, arcade, and direct private beach access—all in a location that is steps away from the soon-to-open Tootsie's Orchid Lounge arriving in early 2026. With proven rental strength, premium walkability, and amenities that continue to attract repeat guests year after year, Summit 209 is positioned as a reliable, long-term income generator in the heart of PCB.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Fireplace No

Exterior

Community Features Short Term Rental Allowed

Utilities Available Cable Connected

Amenities Available Business Center, Game Room, Sauna, Spa/Hot Tub

Waterfront Description Gulf

Water Access Desc Gulf

Building

Story 15

Architectural Style High Rise

New Construction No

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

HOA Fee Include Fitness Facility,Internet,Pool(s),Tennis Courts,Trash

Tax ID 30236-027-000

Listed by Alikhver Realty

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Michele Monastra

Michele Monastra

Agent | License ID: 3568384

+1(850) 493-7653

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8743 Thomas DR #209