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8743 Thomas Drive , #810

Panama City Beach, FL 32408
  • $339,900
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 791705
UPDATED: 67 min ago
$339,900
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 1
    1/2 BATHS
  • 740
    SQFT
  • $459
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1984
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

$56,643 in revenue July '25 to June '26: a 16.7% ROI on the asking price! A newly renovated, 8th-floor, direct-beachfront 1BR/2BA at The Summit that is also a proven cash machine. Wake up to unobstructed Gulf views from your private 8th-floor balcony, then cozy up by the electric fireplace after a day on the sand. The full renovation shows everywhere: a new white shaker kitchen with quartz counters, mosaic tile backsplash, and stainless appliances; updated baths with marble-look tile and quartz vanities; a new memory-foam king; and wood-look plank flooring throughout, finished with designer coastal touches like a sliding barn door and blue velvet accent chairs. It sleeps five with the king, a queen sleeper sofa, and a built-in twin-over-twin bunk nook, and comes complete with an in-unit washer and dryer, two smart TVs, and a fully equipped kitchen, sold fully furnished and truly turnkey. It also sits right next to the booming new Tootsie's in the legendary former Spinnaker Beach Club, a fresh demand driver for the entire resort. The Summit offers two Gulf-front pools (one seasonally heated), children's pools, two outdoor and one indoor hot tub, his-and-hers saunas, a fitness center, tennis and pickleball, shuffleboard, a poolside tiki bar, the on-site Bar & Grill, and gated 24-hour security with direct private beach access. With established Airbnb and VRBO listings, years of five-star reviews, and a loyal repeat-guest base, the unit has a proven track record, and about 12% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Full rent roll available to qualified buyers.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2026-07-13T14:04:04.667.
www.scenicsir.com/homes/178029918
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8743 Thomas Drive , #810 Panama City Beach, FL 32408

  • Price: $339,900
  • Status: Active
  • On Site: 20 Days
  • Updated: 67 min ago
  • MLS #: 791705
1
Beds
1
Baths
1
½ Baths
N/A
Acres
740
SQFT
$459
$/SQFT
1984
Built
Neighborhood:
The Summit
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
$56,643 in revenue July '25 to June '26: a 16.7% ROI on the asking price! A newly renovated, 8th-floor, direct-beachfront 1BR/2BA at The Summit that is also a proven cash machine. Wake up to unobstructed Gulf views from your private 8th-floor balcony, then cozy up by the electric fireplace after a day on the sand. The full renovation shows everywhere: a new white shaker kitchen with quartz counters, mosaic tile backsplash, and stainless appliances; updated baths with marble-look tile and quartz vanities; a new memory-foam king; and wood-look plank flooring throughout, finished with designer coastal touches like a sliding barn door and blue velvet accent chairs. It sleeps five with the king, a queen sleeper sofa, and a built-in twin-over-twin bunk nook, and comes complete with an in-unit washer and dryer, two smart TVs, and a fully equipped kitchen, sold fully furnished and truly turnkey. It also sits right next to the booming new Tootsie's in the legendary former Spinnaker Beach Club, a fresh demand driver for the entire resort. The Summit offers two Gulf-front pools (one seasonally heated), children's pools, two outdoor and one indoor hot tub, his-and-hers saunas, a fitness center, tennis and pickleball, shuffleboard, a poolside tiki bar, the on-site Bar & Grill, and gated 24-hour security with direct private beach access. With established Airbnb and VRBO listings, years of five-star reviews, and a loyal repeat-guest base, the unit has a proven track record, and about 12% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Full rent roll available to qualified buyers.
Exterior Features

Architectural Style High Rise Attached Garage YN No Garage YN No Patio And Porch Features Balcony Pool Features Community Spa Features Community Stories 15 View Gulf View YN Yes

Interior Features

Appliances Washer / Dryer Stacked Electric Range Entry Level 8 Fireplace Features Electric Fireplace YN Yes Heating Fireplace(s) Heating YN Yes Laundry Features Stacked Parking Features Parking Lot Rooms Bedroom (Second Level) Units Furnished All Units

Property Features

Association Amenities Business Center Game Room Sauna Spa / Hot Tub Association YN Yes Community Features Barbecue Beach Elevator Fitness Center Game Room Pool Sauna Tennis Court(s) Community Pool Gated Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions 0x0 New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Building Security Gated Community24 Hour Security Security Guard Special Listing Conditions Listed As- Is Tax Year 2025 Utilities Cable Connected Waterfront Features Gulf Shoreline - Sand Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Alikhver Realty: 404-933-7966. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Scenic Sotheby's International Realty. Data last updated: 2026-07-13T14:04:04.667.
 
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