8743 Thomas Drive #505, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:ERA Neubauer Real Estate, Inc.
8743 Thomas Drive #505,Panama City Beach, FL 32408
$374,000
  • 1 Beds
  • 1 Baths
  • 740 sq. ft.
  • Condominium
  • Active
Listed by: gregory b ward
Office: keller williams success realty
MLS#:797216
Source:FL_BCMLS

Price summary

  • Price:$374,000
  • Price per sq. ft.:$505.41
  • Monthly HOA dues:$748.33

About this home

Enjoy beautiful Gulf views from this recently completely renovated, fully furnished 5th floor condo at The Summit. This 1-bedroom, 1-bath unit with a twin-bed nook in the hallway accommodates up to five guests. The quality remodel complements an exceptional rental history and impressive rental income, making this unit an appealing beach getaway or investment property. The spacious Gulf-front balcony features updated epoxy flooring and a new railing. Resort amenities include direct beach access, two pools--one seasonally heated--two hot tubs, a fitness center, game room, tennis courts, and convenient on-site dining and refreshments. Head next door to Tootsie's Orchid Lounge for food, drinks, and live music, or explore nearby shopping, entertainment, and St. Andrews State Park. For buyers who retain the current rental management company, management is prepared to honor existing reservations, assist with a smooth ownership transition, and offer a discounted management rate.

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Home facts

  • Year built:1984
  • Subdivision & Development:Summit
  • Listing ID #:797216
  • Added:1 day(s) ago
  • Updated:October 31, 2026 at 03:50 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:1
  • Kitchen Description:Electric Oven, Electric Water Heater
  • Living area:740 sq. ft.

Heating and cooling

  • Cooling:CeilingFans, CentralAir
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Building area:740 sq. ft.
  • Architectural Style:High Rise
  • Exterior Features:Balcony

Schools

  • High school:Arnold
  • Middle school:Breakfast Point
  • Elementary school:Breakfast Point

Finances and disclosures

  • Price:$374,000
  • Price per sq. ft.:$505.41
  • Tax amount:$3,508 (2025)

Features and amenities

  • Amenities:Beach Rights, ElectricOven, ElectricWaterHeater, FireAlarm, Gated, GatedCommunity, Picnic Area, SecurityGate
  • Pool features:Community, InGround

Parking

  • Parking description:Gated, Parking Lot, Paved
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