Investor Alert! This 7th-floor Gulf-front condo at The Summit is the lowest-priced unit listed in the past year—offering an unbeatable opportunity to own a piece of Panama City Beach with strong rental potential.
This 1-bedroom + bunk, 2-bath condo is ideally situated to capture breathtaking views of emerald waters and white sand beaches, making it a sought-after destination for vacationers.
The Summit is a gated, amenity-rich resort featuring two beachfront pools (one seasonally heated), two hot tubs, a sauna, two kiddie pools, fitness center, game room, shuffleboard, and lighted pickleball courts. On-site amenities also include an ice cream shop, gift shop, convenience store, and the ever-popular Bikini Bob's Grill & Bar.
This unit is turnkey and professionally managed by Azure-Properties, giving investors a hands-off rental-ready option in one of Florida's hottest markets.
All information deemed reliable but not guaranteed. Buyers should verify if important.
Sold for $269,099 on 05/29/25
$269,099
8743 Thomas Dr UNIT 722, Panama City Beach, FL 32408
1beds
740sqft
Condominium
Built in 1984
-- sqft lot
$275,200 Zestimate®
$364/sqft
$1,624 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: September 03, 2025 at 12:51pm
Listed by:
Carla D Singleton 931-797-3884,
Ohana Real Estate Services
Bought with:
Sandi Smith
Dalton Wade Inc
Source: CPAR,MLS#: 773312
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Primary bathroom
- Level: First
- Dimensions: 15 x 11
Kitchen
- Level: First
- Dimensions: 9 x 7
Living room
- Level: First
- Dimensions: 17 x 15
Interior area
- Total structure area: 740
- Total interior livable area: 740 sqft
Property
Features
- Waterfront features: Gulf
Details
- Parcel number: 30236200000
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1984
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Trash Collection
Community & neighborhood
Community
- Community features: Basketball Court, Elevator, Fitness Center, Game Room, Gated, Tennis Court(s), Waterfront
Location
- Region: Panama City Beach
- Subdivision: The Summit
HOA & financial
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Game Room, Barbecue, Picnic Area, Spa/Hot Tub
- Services included: Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Security, Trash, Water
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$275,200
2% more+$5,504
With Zillow Showcase(estimated)$280,704