BEDS1
BATHS1 full 1 partial
SQUARE FEET740
MLS#787742
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONSummit
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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central, Electric
Home Style: High Rise
Year Built: 1984
Feature Descriptions
Appliances: Washer/Dryer Stacked, Electric Range, Plumbed For Ice Maker
Association Amenities: Beach Rights, Game Room, Gated, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
Building Features: Dumpster
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
Days on Site: 63
Hot Tub: Yes
Laundry: Stacked
Lot: Paved
Parcel#: 30236-414-000
Parking: Gated, Paved, Parking Lot
Parking Notes: Gated, Paved, Parking Lot
Patio/Porch: Balcony
Pool: Gunite, Electric Heat, In Ground, Community
Sauna: Yes
Security: Carbon Monoxide Detector(s), Firewall(s),24 Hour Security, Fire Alarm, Security Gate, Smoke Detector(s), Security Service
Sewer: Public Sewer
Spa: Community
Special View Info: Gulf
Utilities: Cable Connected, Electricity Available, High Speed Internet Available
Waterfront: Gulf, Shoreline - Sand
Room Sizes
Primary Bedroom: 15.2 X 11.3 Level - First
Living Room: 17.8 X 15 Level - First
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: SweetBay Realty
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimate Your Payment
Estimated Payment
$ 818.10 per month $723.31 Principal & Interest $0.00 Property Tax (data not provided by mls) $94.79 Homeowner's Insurance
8743 Thomas Drive, Unit 1412 | MLS# 787742
This condo located at 8743 Thomas Drive, Unit 1412, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $325,000. This property was built in 1984 and has 1 bedrooms and 1 full and 1 partial baths with 740 sq. ft. Thomas Drive, Unit 1412 is located in the Summit subdivision. Search Summit real estate on www.premierfl.com today.