8743 Thomas Drive #209, Panama City Beach, FL 32408
Local realty services provided by:ERA Neubauer Real Estate, Inc.
8743 Thomas Drive #209,Panama City Beach, FL 32408
$349,000
- 1 Beds
- 2 Baths
- 740 sq. ft.
- Condominium
- Active
Listed by: gleb alikhver
Office: alikhver realty
MLS#:781631
Source:FL_BCMLS
Price summary
- Price:$349,000
- Price per sq. ft.:$471.62
About this home
$65,873.99 in revenue June '24 - July '25: 18.88% ROI on the ask! One of the strongest 1-bedroom earners at The Summit—an effortless, highly reliable income performer with upgrades throughout and zero upcoming balcony window expenses because the special assessment has already been fully paid. A standout investment opportunity, this beautifully updated ground-floor Direct Beachfront 1BR/1.5BA offers the rare advantage of no elevator needed, making it a guest-favorite and a consistent year-round rental machine. Renovations include upgraded kitchen and bathroom cabinetry, a brand-new washer and dryer in the unit, a new sleeper sofa, a king bed in the primary bedroom, hallway bunk beds, and a sleek electric fireplace that adds a designer touch to the living area. Comfortably sleeping 5 guests, this turnkey condo delivers impressive returns with minimal effort in one of Panama City Beach's most iconic beachfront resorts. The Summit offers exceptional amenities including beachfront pools, hot tubs, a fitness center, onsite dining, saunas, arcade, and direct private beach access—all in a location that is steps away from the soon-to-open Tootsie's Orchid Lounge arriving in early 2026. With proven rental strength, premium walkability, and amenities that continue to attract repeat guests year after year, Summit 209 is positioned as a reliable, long-term income generator in the heart of PCB.
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Home facts
- Year built:1984
- Listing ID #:781631
- Added:1 day(s) ago
- Updated:November 14, 2025 at 02:04 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:740 sq. ft.
Structure and exterior
- Year built:1984
- Building area:740 sq. ft.
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Finances and disclosures
- Price:$349,000
- Price per sq. ft.:$471.62
- Tax amount:$3,948 (2024)
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