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8743 Thomas Drive , #1412

Panama City Beach, FL 32408
  • $325,000
  • STATUS: Active
  • ON SITE: 100 Days
  • MLS #: 787742
UPDATED: 31 min ago
$325,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 740
    SQFT
  • $439
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1984
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

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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© 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: 2026-07-11T16:04:05.563.
www.wavesandwoodsfl.com/homes/174739960
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8743 Thomas Drive , #1412 Panama City Beach, FL 32408

  • Price: $325,000
  • Status: Active
  • On Site: 100 Days
  • Updated: 31 min ago
  • MLS #: 787742
1
Beds
1
Baths
1
½ Baths
N/A
Acres
740
SQFT
$439
$/SQFT
1984
Built
Neighborhood:
Summit
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
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.
Exterior Features

Architectural Style High Rise Attached Garage YN No Garage YN No Lot Features Paved Patio And Porch Features Balcony Pool Features Gunite Electric Heat In Ground Community Road Frontage Type City Street Spa Features Community View Gulf View YN Yes

Interior Features

Appliances Washer / Dryer Stacked Electric Range Plumbed For Ice Maker Building Features Dumpster Cooling Central Air Cooling YN Yes Entry Level 14 Heating Central Electric Heating YN Yes Laundry Features Stacked Parking Features Gated Paved Parking Lot Rooms Primary Bedroom (First Level) Living Room (First Level) Units Furnished All Units

Property Features

Association Amenities Beach Rights Game Room Gated Gazebo Barbecue Picnic Area Spa / Hot Tub Association YN Yes Community Features Barbecue Basketball Court Beach Elevator Fitness Center Game Room Gated Laundry Facilities Park Pool Sauna Shopping Tennis Court(s) Waterfront Community Pool Short Term Rental Allowed 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 Carbon Monoxide Detector(s) Firewall(s)24 Hour Security Fire Alarm Security Gate Smoke Detector(s) Security Service Sewer Public Sewer Special Listing Conditions Listed As- Is Utilities Cable Connected Electricity Available High Speed Internet Available Waterfront Features Gulf Shoreline - Sand Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of SweetBay Realty: 850-424-6462. 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: 2026-07-11T16:04:05.563.
 
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