8743 Thomas Drive #209
Panama City Beach, FL 32408
1
Bed
2
Bath
$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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 1 -
Heating & Cooling
Water front: 1
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Building Information
Year Built: 1984Building Area Total: 740Stories: 15Pool Features: CommunityPrivate Pool: NoWater front Features: Gulf
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Lot Information
Lot Dimensions: 0x0Property Information
Subdivision: The Summit Source Property Type: Residential MLS Area Minor: 0323 - Beach - South of Grand Lagoon Property SubType: Condominium Property Age: 42
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Listing Price Information
Listing Price: $349000
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Tax Information
Parcel Number: 30236-027-000 Tax Year: 2025 Tax Legal Desc: THE SUMMIT UNIT 209 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4523 P 951
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Homeowners Association Information
Has Association: YesAssociation Amenities: BusinessCenter, GameRoom, Sauna, SpaHotTubCommunity Features: CommunityPool, ShortTermRentalAllowed
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School Information
Elementary School: Breakfast Point Junior High School: Breakfast Point Senior High School: Arnold -
Utility Information
CableConnected -
Location Information
Direction: The Summit Resort, 8743 Thomas Drive, direct beachfront. Unit 209 is on the 2nd floor. Open resort parking on site.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2602 Mystic Lane #PO34, Panama City Beach, FL, 32408 | $394,000 | 2 | 2 | -- | |
| 4100 Marriott Drive #UN.., Panama City Beach, FL, 32408 | $435,000 | 2 | 2 | -- | |
| 4133 Cobalt Circle #22, Panama City Beach, FL, 32408 | $549,900 | 4 | 5 | -- | |
| 2605 Mystic Lane #PO21, Panama City Beach, FL, 32408 | $359,000 | 2 | 2 | -- | |
| 4100 Marriott Drive #511, Panama City Beach, FL, 32408 | $435,000 | 2 | 2 | -- | |
| 4100 Marriott Drive #309, Panama City Beach, FL, 32408 | $479,000 | 2 | 2 | -- | |
| 4100 Marriott Drive #708, Panama City Beach, FL, 32408 | $499,000 | 2 | 2 | -- | |
| 4100 Marriott 410 Drive.., Panama City Beach, FL, 32408 | $399,900 | 2 | 2 | -- | |
| 4725 Bay Point Road #270, Panama City Beach, FL, 32408 | $185,250 | 1 | 1 | -- | |
| 4725 Bay Point Road #166, Panama City Beach, FL, 32408 | $173,900 | 1 | 1 | -- |
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ByOwner last updated this listing 06/23/2026 @ 04:07
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