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8743 Thomas Drive #810

Panama City Beach, FL 32408
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Bed 1

Bed

Bath 2

Bath

$68,849 in revenue May '25 to April '26: a 20.3% ROI on the asking price! A newly renovated, 8th-floor, direct-beachfront 1BR/2BA at The Summit that is also a proven cash machine. Wake up to unobstructed Gulf views from your private 8th-floor balcony, then cozy up by the electric fireplace after a day on the sand. The full renovation shows everywhere: a new white shaker kitchen with quartz counters, mosaic tile backsplash, and stainless appliances; updated baths with marble-look tile and quartz vanities; a new memory-foam king; and wood-look plank flooring throughout, finished with designer coastal touches like a sliding barn door and blue velvet accent chairs. It sleeps five with the king, a queen sleeper sofa, and a built-in twin-over-twin bunk nook, and comes complete with an in-unit wa sher and dryer, two smart TVs, and a fully equipped kitchen, sold fully furnished and truly turnkey. It also sits right next to the booming new Tootsie's in the legendary former Spinnaker Beach Club, a fresh demand driver for the entire resort. The Summit offers two Gulf-front pools (one seasonally heated), children's pools, two outdoor and one indoor hot tub, his-and-hers saunas, a fitness center, tennis and pickleball, shuffleboard, a poolside tiki bar, the on-site Bar & Grill, and gated 24-hour security with direct private beach access. With established Airbnb and VRBO listings, years of five-star reviews, and a loyal repeat-guest base, the unit has a proven track record, and about 40% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. ***Visit listings.megavacations.net for the full portfolio -- document vault, detailed financials, photos, and more.***

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Detail Ic Property Details

Property Type : Residential

Price : $339,000

AD Id : 85735010

MLS Id : 791705

Beds : 1

Year Built : 1984

County : Bay

  • Map 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: 1
  • Interior Features

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

    Has Heating: Yes Heating: Fireplaces Water front: 1

  • Building Information

    Year Built: 1984
    Building Area Total: 740
    Stories: 15
    Patio And Porch Features: Balcony
    Pool Features: Community
    Private Pool: No
    Water front Features: Gulf,ShorelineSand
    View: Gulf

  • Lot Information

    Lot Dimensions: 0x0

    Property Information

    Subdivision: The 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: $339000

  • Tax Information

    Parcel Number: 30236-220-000 Tax Year: 2025 Tax Legal Desc: THE SUMMIT UNIT 810 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4382 P 247

  • Parking Information

    ParkingLot

    Homeowners Association Information

    Has Association: Yes
    Association Amenities: BusinessCenter, GameRoom, Sauna, SpaHotTub
    Community Features: Barbecue, Beach, Elevator, FitnessCenter, GameRoom, Pool, Sauna, TennisCourts, CommunityPool, Gated, ShortTermRentalAllowed

  • School Information

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

    CableConnected
  • Location Information

    Direction: The Summit resort is at 8743 Thomas Dr, Panama City Beach, on the Gulf next to the new Tootsie's (former Spinnaker). Unit 810 is direct beachfront on the 8th floor. Security Features: BuildingSecurity,GatedCommunity,TwentyFourHourSecurity,SecurityGuard
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ByOwner last updated this listing 06/23/2026 @ 02:50

MLS: 791705 LISTED BY: Gleb Alikhver, Alikhver Realty 404-933-7966 SOURCE: CPAR

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