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8743 Thomas Drive 209, Panama City Beach, FL 32408
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8743 Thomas Drive 209
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Would you like to sell your home before you purchase this one?
Priced at Only: $349,000
For more Information Call:
Address: 8743 Thomas Drive 209, Panama City Beach, FL 32408
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More Like This
  • MLS#: 781631 ( Residential )
  • Street Address: 8743 Thomas Drive 209
  • Viewed: 12
  • Price: $349,000
  • Price sqft: $472
  • Waterfront: Yes
  • Wateraccess: Yes
  • Year Built: 1984
  • Bldg sqft: 740
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 1
  • 1/2 Baths: 1
  • Days On Market: 29
  • Additional Information
  • Geolocation: 30.1684 / -85.7924
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: The Summit
  • Building: The Summit
  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold
  • Provided by: Alikhver Realty
  • DMCA Notice
  • Description
    $65,873.99 in revenue June '24 July '25: 18.88% ROI on the ask! One of the strongest 1 bedroom earners at The Summitan 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 accessall 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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  •   Principal & Interest -
  •   Property Tax $
  •   Home Insurance $
  •   HOA Fees $
  •   Mortgage Insurance-
  •   Monthly -
Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
  • Stories: 15
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Utilities
  • Carport Spaces: 0.00
  • Utilities: CableConnected
Amenities
  • Association Amenities: BusinessCenter, GameRoom, Sauna, SpaHotTub
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Legal Description: THE SUMMIT UNIT 209 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4523 P 951
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30236-027-000
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 209
  • Views: 12
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