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8743 Thomas Drive #1202

Panama City Beach, FL 32408
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Bed 1

Bed

Bath 2

Bath

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 fam ily 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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Detail Ic Property Details

Property Type : Residential

Price : $290,000

AD Id : 87066108

MLS Id : 791979

Beds : 1

Year Built : 1984

County : Bay

  • Map 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, ElectricWaterHeater
    Laundry Features: Stacked
  • Heating & Cooling

    Has Cooling: Yes Cooling: CentralAir Water front: 1

  • Building Information

    Year Built: 1984
    Building Area Total: 740
    Patio And Porch Features: Balcony
    Pool Features: Community
    Private Pool: No
    Water front Features: Gulf
    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: $290000

  • Tax Information

    Parcel Number: 30236-340-000 Tax Year: 2025 Tax Legal Desc: THE SUMMIT UNIT 1202 1BR 1.5B 740 H&C ORB 1059 P 1779,1787 PLAN A

  • Parking Information

    ParkingLot

    Homeowners Association Information

    Has Association: Yes
    Association Amenities: BusinessCenter, Gated, Barbecue, PicnicArea
    Community Features: Barbecue, BasketballCourt, Beach, BusinessCenter, Clubhouse, Elevator, FitnessCenter, LaundryFacilities, Pool, Sauna, TennisCourts, Waterfront, CommunityPool, Gated, ShortTermRentalAllowed

  • School Information

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

    HighSpeedInternetAvailable
  • Location Information

    Direction: The Summit Resort, 8743 Thomas Drive, direct beachfront. Unit 1202 is on the 12th floor. Enter from the elevators to the far right of The Summitt. Open resort parking on site. Security Features: BuildingSecurity,GatedWithGuard,GatedCommunity,TwentyFourHourSecurity,SecurityService
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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 06/30/2026 @ 05:25

MLS: 791979 LISTED BY: Matt Wright, Think Real Estate 850-270-4200 SOURCE: CPAR

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