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8743 Thomas Drive #1412

Panama City Beach, FL 32408
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Bed 1

Bed

Bath 2

Bath

Gulf-front investment opportunity at Summit Beach Resort #1412 in Panama City Beach. This one-bedroom, one-and-a-half-bath condominium offers stunning, unobstructed views of the Gulf of Mexico from a private balcony and a highly functional layout that comfortably sleeps up to five guests. The unit features a fully equipped kitchen, in-unit washer and dryer, and a spacious living area with a sleeper sofa to maximize occupancy. The primary bedroom includes an ensuite bath, with an additional half bath conveniently located in the hallway for guests. Summit Beach Resort is a well-known, amenity-rich complex offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. This property presents strong income potential with minor cosmetic updates such as paint and furnishings. Updated units in the complex command higher rental rates, making this an excellent value-add opportunity for investors. Located on the east end of Panama City Beach, just minutes from dining, shopping, golf, and entertainment. Close proximity to the new Tootsie's Orchid Lounge opening nearby is expected to further enhance rental demand and area growth. Whether you're seeking a short-term rental investment or a personal beachfront getaway, this unit offers both immediate enjoyment and upside potential.

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Detail Ic Property Details

Property Type : Residential

Price : $325,000

AD Id : 76706327

MLS Id : 787742

Beds : 1

Year Built : 1984

County : Bay

Subdivision: Summit

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Map

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Feature Features

  • Bedroom Information

    Total beds: 1

    Bathroom Information

    Total Baths: 2 Full Baths: 1 Half Baths: 1

    Room Information

    Rooms Total: 2
  • Interior Features

    Appliances: WasherDryerStacked, ElectricRange, PlumbedForIceMaker
    Laundry Features: Stacked
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1984
    Building Area Total: 740
    Patio And Porch Features: Balcony
    Pool Features: Gunite, ElectricHeat, InGround, Community
    Private Pool: No
    Water front Features: Gulf,ShorelineSand
    View: Gulf

  • Lot Information

    Lot Dimensions: NA Lot Description: Paved

    Property Information

    Subdivision: Summit Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Condominium Property Age: 42

  • Listing Price Information

    Listing Price: $325000

  • Tax Information

    Parcel Number: 30236-414-000 Tax Legal Desc: Condominium Unit No. 1412 of The Summit, a Condominium all as set forth in the Declaration of Condominium and the exhibits annexed thereto and forming a part thereof, recorded in Official Records Book 989, at Page 1046, of the Public Records of Bay County, Florida.

  • Parking Information

    Gated, Paved, ParkingLot

    Homeowners Association Information

    Has Association: Yes
    Association Amenities: BeachRights, GameRoom, Gated, Gazebo, Barbecue, PicnicArea, SpaHotTub
    Community Features: Barbecue, BasketballCourt, Beach, Elevator, FitnessCenter, GameRoom, Gated, LaundryFacilities, Park, Pool, Sauna, Shopping, TennisCourts, Waterfront, CommunityPool, ShortTermRentalAllowed

  • School Information

    Elementary School: Breakfast Point Junior High School: Breakfast Point Senior High School: Arnold
  • Utility Information

    CableConnected, ElectricityAvailable, HighSpeedInternetAvailable
  • Location Information

    Direction: Hwy 98 to West on Front Beach Rd. Left on Joan Ave. Right on Thomas Dr. to 8743. Security Features: CarbonMonoxideDetectors,Firewalls,TwentyFourHourSecurity,FireAlarm,SecurityGate,SmokeDetectors,SecurityService
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ByOwner last updated this listing 06/14/2026 @ 16:23

MLS: 787742 LISTED BY: Janet Melton, SweetBay Realty 850-424-6462 SOURCE: CPAR

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