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8743 Thomas Drive , #309

Panama City Beach, FL 32408
  • $294,900
  • STATUS: Active
  • ON SITE: 17 Days
  • MLS #: 784140
$294,900
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 740
    SQFT
  • $399
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1984
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309. Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the shoreline and a quick minutes walk to paradise. Inside, the open and airy layout is designed to maximize the view. The living area and breakfast bar frame the Gulf beautifully, creating the perfect backdrop for morning coffee or evening cocktails. A full kitchen features a refrigerator, range, dishwasher, and generous counter space, while the stacked washer and dryer add everyday convenience. The primary bedroom offers privacy and comfort, complemented by hallway bunk beds and a 1.5-bath layout with a shower/tub combo, allowing the condo to comfortably sleep 4-6 guests. Turn-key and rental ready, this unit is being sold fully furnished. Seller hasn't aggressively rented and there's room for GRI improvement here. Projections from Southern Vacation Rentals is $22-30k. Actual GRI for the past 3 years 2023/$25,392, 2024/$21,683, and 2025/$16,514. This unit does not have a washer/dryer. However, the HVAC is new as of 9/2025. Ownership at The Summit unlocks a true resort lifestyle. Enjoy two large beachfront pools, hot tubs, a fitness center, tennis and basketball courts, shuffleboard, picnic and grilling areas, and direct beach access. On-site conveniences include a tiki bar, market, and Bikini Bob's restaurant, making it easy to settle in and stay awhile. The gated community also offers on-site security and ample open parking. The location is only getting better. Situated on Thomas Drive near St. Andrews State Park, marinas, shopping, dining, and entertainment, the area continues to grow adding even more appeal for investors and vacationers alike. Whether you're searching for a high-performing income property, a low-maintenance second home, or your own slice of Gulf-front paradise, this condo delivers views, lifestyle, and opportunity in one unforgettable package. All information deemed reliable but not guaranteed and buyer to verify.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-02-11T00:03:56.857.
www.wavesandwoodsfl.com/homes/172448612
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8743 Thomas Drive , #309 Panama City Beach, FL 32408

  • Price: $294,900
  • Status: Active
  • On Site: 17 Days
  • MLS #: 784140
1
Beds
1
Baths
1
½ Baths
N/A
Acres
740
SQFT
$399
$/SQFT
1984
Built
Neighborhood:
The Summit
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309. Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the shoreline and a quick minutes walk to paradise. Inside, the open and airy layout is designed to maximize the view. The living area and breakfast bar frame the Gulf beautifully, creating the perfect backdrop for morning coffee or evening cocktails. A full kitchen features a refrigerator, range, dishwasher, and generous counter space, while the stacked washer and dryer add everyday convenience. The primary bedroom offers privacy and comfort, complemented by hallway bunk beds and a 1.5-bath layout with a shower/tub combo, allowing the condo to comfortably sleep 4-6 guests. Turn-key and rental ready, this unit is being sold fully furnished. Seller hasn't aggressively rented and there's room for GRI improvement here. Projections from Southern Vacation Rentals is $22-30k. Actual GRI for the past 3 years 2023/$25,392, 2024/$21,683, and 2025/$16,514. This unit does not have a washer/dryer. However, the HVAC is new as of 9/2025. Ownership at The Summit unlocks a true resort lifestyle. Enjoy two large beachfront pools, hot tubs, a fitness center, tennis and basketball courts, shuffleboard, picnic and grilling areas, and direct beach access. On-site conveniences include a tiki bar, market, and Bikini Bob's restaurant, making it easy to settle in and stay awhile. The gated community also offers on-site security and ample open parking. The location is only getting better. Situated on Thomas Drive near St. Andrews State Park, marinas, shopping, dining, and entertainment, the area continues to grow adding even more appeal for investors and vacationers alike. Whether you're searching for a high-performing income property, a low-maintenance second home, or your own slice of Gulf-front paradise, this condo delivers views, lifestyle, and opportunity in one unforgettable package. All information deemed reliable but not guaranteed and buyer to verify.
Exterior Features

Architectural Style High Rise Attached Garage YN No Exterior Features Barbecue Fencing Full Fenced Garage YN No Patio And Porch Features Balcony Pool Features Fenced Gas Heat In Ground Community Road Frontage Type City Street Highway View Gulf View YN Yes

Interior Features

Appliances Electric Range Electric Water Heater Building Features Dumpster Cooling Central Air Cooling YN Yes Flooring Luxury Vinyl Plank Heating Electric Heating YN Yes Parking Features Gated Rooms Family Room Bedroom Units Furnished All Units

Property Features

Association Amenities Other See Remarks Barbecue Sauna Association YN Yes Buyer Financing Other Community Features Beach Business Center Clubhouse Conference / Meeting Room Elevator Game Room Gated Laundry Facilities Park Pool Tennis Court(s) Waterfront Barbecue Community Pool Short Term Rental Allowed Land Lease YN No Listing Service Full Service Lot Size Dimensions NA New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Fire Alarm Smoke Detector(s) Security Service Senior Community YN No Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 3437.5 Tax Year 2025 Utilities Cable Connected Phone Connected Phone Available Waterfront Features Shoreline - Sand Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Real Broker LLC: 855-450-0442. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-02-11T00:03:56.857.
 
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