Motivated Seller will consider owner financing (terms: 20% down, 7.25% interest rate, 30yr amortization, 5yr balloon). 1 Bedroom/1.5 Bath. The Summit is a highly desirable beachfront condominium property with a long history of exceptional rental income. This 12th floor unit offers stunning views of the Gulf of Mexico. 1-bedroom with a king size bed, plus hallway bunk beds and a queen sofa sleeper. The kitchen has updated cabinetry and appliances, including a washer and dryer. This well-maintained condo has a new HVAC system (July 2025) & comes fully furnished and rental ready. Unit has new sliding glass door and windows. The resort offers an abundance of amenities, including 2 large pools, 2 kiddie pools, 2 outdoor hot tubs, 1 indoor hot tub, dry saunas, fitness center, shuffleboard courts, tennis/pickleball courts, Bar-b-que grills & picnic areas, poolside tiki bar and Bikini Bob's restaurant. This beachfront condominium is across the street from numerous amusement rides and restaurants and close to shopping and sports complexes. All information is approximate and should be verified by buyers if important.
For sale
Price cut: $1K (7/19)
$308,000
8743 Thomas Dr UNIT 1224, Panama City Beach, FL 32408
1beds
740sqft
Est.:
Condominium
Built in 1984
-- sqft lot
$294,900 Zestimate®
$416/sqft
$748/mo HOA
What's special
New hvac systemWasher and dryerPoolside tiki barUpdated cabinetry and appliances
- 167 days
- on Zillow |
- 108 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 08:49pm
Listed by:
Mark Peery 517-230-3920,
Top Producers Real Estate Ctr
Source: CPAR,MLS#: 768114
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Other
- Description: Direct to gardens & pool deck
- Level: First
- Area: 105
- Dimensions: 15 x 7
Other
- Description: Direct to gardens & pool deck
- Level: First
- Area: 105
- Dimensions: 15 x 7
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Washer
Features
- Windows: Double Pane Windows
- Furnished: Yes
Interior area
- Total interior livable area: 740 sqft
Property
Parking
- Parking features: Additional Parking, Gated, Paved, Parking Lot
- Details: Driveway Spaces:1.00
Accessibility
- Accessibility features: Common Area
Features
- Patio & porch: Balcony, Covered, Patio, Terrace
- Exterior features: Balcony, Sprinkler/Irrigation
- Pool features: Gunite, Gas Heat, In Ground, Pool, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 30236362000
- Zoning description: Resort
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Flat,Membrane
Condition
- Year built: 1984
Utilities & green energy
- Utilities for property: Cable Connected, Other, See Remarks, Trash Collection, Phone Available
Community & HOA
Community
- Features: Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Other, Park, Sauna, See Remarks, Short Term Rental Allowed, Sidewalks, Tennis Court(s), Pool
- Security: Building Security, Gated with Guard, 24 Hour Security, Smoke Detector(s), Security Service
- Subdivision: Summit
HOA
- Has HOA: Yes
- Amenities included: Picnic Area
- Services included: Association Management, Cable TV, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Phone, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
- HOA fee: $2,243 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $416/sqft
- Tax assessed value: $307,700
- Annual tax amount: $3,429
- Date on market: 2/2/2025
- Listing terms: Cash,Conventional,Owner May Carry
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