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8743 Thomas Drive, Unit 309, Panama City Beach, FL 32408

$294,900
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Active
BEDS1 BATHS1 full 1 partial SQUARE FEET740 MLS#784140
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONThe Summit

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.

8743 Thomas Drive, Unit 309 | MLS# 784140

This condo located at 8743 Thomas Drive, Unit 309, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $294,900. This property was built in 1984 and has 1 bedrooms and 1 full and 1 partial baths with 740 sq. ft. Thomas Drive, Unit 309 is located in the The Summit subdivision. Search The Summit real estate on www.premierfl.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Fenced: Yes
Heating: Electric
Home Style: High Rise
Taxes: $3,437
Year Built: 1984

Amenities

Barbecue

Feature Descriptions

Appliances: Electric Range, Electric Water Heater
Association Amenities: Other, See Remarks, Barbecue, Sauna
Building Features: Dumpster
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
Days on Site: 46
Exterior: Concrete
Fencing: Full, Fenced
Flooring: Luxury Vinyl Plank
Parcel#: 30236-059-000
Parking: Gated
Parking Notes: Gated
Patio/Porch: Balcony
Pool: Fenced, Gas Heat, In Ground, Community
Sauna: Yes
Security: Fire Alarm, Smoke Detector(s), Security Service
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Cable Connected, Phone Connected, Phone Available
Waterfront: Gulf, Shoreline - Sand

Room Sizes

Family Room: 17 X 15
Bedroom: 12 X 14

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

Listed By / Shown By

Listed By

Agency Name: Real Broker LLC

Shown By

Agency Title: Premier Property Group
Agency Phone: 850-337-1555

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Estimated Payment

$ 1,028.75 per month $656.32 Principal & Interest $286.42 Property Tax $86.01 Homeowner's Insurance

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