8743 Thomas Drive Unit 1105, Panama City, FL 32408

$295,000
1
BD
2
BA

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Sold Price
$295,000
List Price
$313,500
Closing Date
Jun 04, 2026
MLS#
787371
Status
CLOSED
Type
Condo
Subtype
Condominium
Bedrooms
1
Bathrooms
2
Neighborhood
Beach - South of Grand Lagoon

Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door-- adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential. Resort Amenities: • Gated Community • 24/7 Onsite Security • Private Beach Access • 2 Pools and 2 Hot Tubs (7am-11pm) • Fitness Center and Sauna (7am-11pm) • Basketball Court • Tennis Court • Pickleball Court • 2 Shuffleboards • Tiki Bar (Seasonal) • Bikini Bob's (Seasonal) • Game Room (8am-11pm) • Charcoal Grills & Picnic Area

Additional Information

Appliances
Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Elementary School
Breakfast Point
High School
Arnold
Lot Features
Paved
Middle School
Breakfast Point
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Stories
15
Subdivision
Summit
Utilities
Electricity Available
Waterfront
Yes
Waterview
Gulf
Year Built
1984

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Coastal Living Realty & Associates. Selling Office: EXP Realty LLC.