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8743 Thomas Drive Unit 518, Panama City, FL 32408

$325,000
: 1
BD
: 2
BA

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Sold Price: $325,000
List Price: $325,000
Closing Date: May 30, 2026
MLS#: 784607
Status: CLOSED
Type: Condo
Subtype: Condominium
Bedrooms: 1
Bathrooms: 2
Neighborhood: Beach - South of Grand Lagoon

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Property Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Unit 518 at The Summit is a prime investment opportunity in one of Panama City Beach's most established Gulf-front resorts. Completely remodeled bathroom in January 2025! This income-generating condo offers direct beach access and full resort amenities, including two pools, hot tubs, fitness center, tiki bar, on-site market, and 24/7 security--features that drive consistent guest demand year-round. With a proven rental history, and professional management in place this unit is turn-key and ready to continue producing revenue! Unit 518 delivers both immediate cash flow and long-term upside in the heart of PCB!!! Contact me today!

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Additional Information

Appliances: Washer/Dryer Stacked, 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, Elevator, Fitness Center, Game Room, Laundry Facilities, Pool, Sauna, Community Pool, Gated, Short Term Rental Allowed
Stories: 15
Subdivision: Summit
Utilities: Electricity Available
Waterfront: Yes
Waterview: Gulf
Year Built: 1984
Zoning: Resid Single Family