'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Stunning Gulf-View Corner Unit: $46K (2022), $54K (2023), $54K YTD (2024) in Rental Income and already over $21k booked for 2025! Unit 201 at The Summit Beach Resort is a proven investment opportunity and an inviting coastal retreat. This stunning 2-bedroom, 2-bathroom corner condo is located on the 2nd floor, offering easy access with no need for elevators. Spanning 985 sq. ft., the west-facing unit boasts breathtaking Gulf sunsets from a private balcony and comes fully furnished in a chic coastal style, comfortably sleeping seven guests. The primary suite features a king bed and an upgraded en suite bathroom with a walk-in shower, while the second bedroom includes a twin and full-size bed with convenient guest bath access. Enjoy a cozy living area with a queen sleeper sofa, a fully equipped kitchen with stainless steel appliances, and outdoor seating on the balcony to soak in the views.The Summit Beach Resort offers exceptional amenities, including two heated pools, hot tubs, a Tiki bar, and direct beach access. Located next to the soon-to-open Tootsies, you'll have incredible entertainment right at your doorstep, along with convenient proximity to popular restaurants like Hammerhead Fred's and Longboards, family-friendly attractions such as WonderWorks and Shipwreck Island, and outdoor adventures at Saint Andrew's State Park. Unit 201 combines comfort, convenience, and proven rental success with even more exciting nearby developments to come!
Sold for $425,000 on 05/14/25
$425,000
8743 Thomas Dr UNIT 201, Panama City Beach, FL 32408
2beds
985sqft
Condominium
Built in 1984
-- sqft lot
$424,900 Zestimate®
$431/sqft
$2,995 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 10:34am
Listed by:
Tyler S Smith 850-326-8948,
Beach Haven Realty
Bought with:
Tyler S Smith, SL3492940
Beach Haven Realty
Source: CPAR,MLS#: 764398
Originating MLS: Central Panhandle Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
- Laundry: Stacked
Features
- Doors: Storm Door(s)
- Windows: Storm Window(s)
- Furnished: Yes
Interior area
- Total interior livable area: 985 sqft
Property
Parking
- Parking features: Gated, Parking Lot
Features
- Patio & porch: Balcony, Covered, Porch
- Exterior features: Balcony
- Pool features: Community, Pool
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 30236019000
- 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
Condition
- Year built: 1984
Utilities & green energy
- Utilities for property: Cable Available, Trash Collection
Community & neighborhood
Security
- Security features: Building Security
Community
- Community features: Barbecue, Basketball Court, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
Location
- Region: Panama City Beach
- Subdivision: Summit
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $2,303 quarterly
- Amenities included: Beach Rights, Game Room, Picnic Area
- Services included: Clubhouse, Cable TV, Internet, Laundry, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Trash, Water
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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