8743 Thomas Drive #1202, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
8743 Thomas Drive #1202,Panama City Beach, FL 32408
$290,000
- 1 Beds
- 2 Baths
- 740 sq. ft.
- Condominium
- Active
Listed by: matt w wright
Office: think real estate
MLS#:791979
Source:FL_BCMLS
Price summary
- Price:$290,000
- Price per sq. ft.:$391.89
About this home
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 vacation rental destinations, with decades of strong Airbnb and VRBO 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.
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 kind of convenience today's vacation renters actively seek.
Enjoy unobstructed Gulf views from its private balcony and comes fully furnished and rental-ready. The floor plan includes a king bedroom, hallway bunk beds, and a half bath.
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, the future potential has never looked stronger.
All information is deemed reliable but should be independently verified by buyers if important....
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Home facts
- Year built:1984
- Listing ID #:791979
- Added:1 day(s) ago
- Updated:June 29, 2026 at 07:41 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:1
- Kitchen Description:Electric Range, Electric Water Heater
- Living area:740 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Central air:Yes
Structure and exterior
- Year built:1984
- Building area:740 sq. ft.
- Architectural Style:High Rise
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$290,000
- Price per sq. ft.:$391.89
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:BuildingSecurity, ElectricRange, ElectricWaterHeater, Gated, GatedCommunity, Picnic Area, SecurityService, WasherDryerStacked
- Pool features:Community
Parking
- Parking description:Parking Lot
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