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8743 Thomas Drive, Unit 1412
Panama City Beach, FL 32408

$325,000 - Status: Active

Beds: 1

Baths: 1 full 1 partial

SQFT (H&C): 740

MLS# 787742

Gulf-front investment opportunity at Summit Beach Resort #1412 in Panama City Beach. This one-bedroom, one-and-a-half-bath condominium offers stunning, unobstructed views of the Gulf of Mexico from a private balcony and a highly functional layout that comfortably sleeps up to five guests. The unit features a fully equipped kitchen, in-unit washer and dryer, and a spacious living area with a sleeper sofa to maximize occupancy. The primary bedroom includes an ensuite bath, with an additional half bath conveniently located in the hallway for guests. Summit Beach Resort is a well-known, amenity-rich complex offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. This property presents strong income potential with minor cosmetic updates such as paint and furnishings. Updated units in the complex command higher rental rates, making this an excellent value-add opportunity for investors. Located on the east end of Panama City Beach, just minutes from dining, shopping, golf, and entertainment. Close proximity to the new Tootsie's Orchid Lounge opening nearby is expected to further enhance rental demand and area growth. Whether you're seeking a short-term rental investment or a personal beachfront getaway, this unit offers both immediate enjoyment and upside potential.

Property Features

MLS#: 787742

Zip: 32408

Subdivision: Summit

Development: 0323 - Beach - South Of Grand Lagoon

Property Type: Residential - Condominium

Cooling: Central Air

Days on Site: 108

Heating: Central, Electric

Home Style: High Rise

Year Built: 1984

SQFT (H&C): 740

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Range, Plumbed For Ice Maker

Association Amenities: Beach Rights, Game Room, Gated, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub

Building Features: Dumpster

Community Features: Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Game Room, Gated, Laundry Facilities, Park, Pool, Sauna, Shopping, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed

Hot Tub: Yes

Laundry: Stacked

Lot Description: Paved

Parcel#: 30236-414-000

Parking: Gated, Paved, Parking Lot

Parking Notes: Gated, Paved, Parking Lot

Patio/Porch: Balcony

Pool: Gunite, Electric Heat, In Ground, Community

Sauna: Yes

Security: Carbon Monoxide Detector(s), Firewall(s),24 Hour Security, Fire Alarm, Security Gate, Smoke Detector(s), Security Service

Sewer: Public Sewer

Spa: Community

Special View Info: Gulf

Utilities: Cable Connected, Electricity Available, High Speed Internet Available

Waterfront: Gulf, Shoreline - Sand

Room Sizes

Primary Bedroom: 15.2 X 11.3 Level - First

Living Room: 17.8 X 15 Level - First

Local Schools

High School: Arnold

Middle School: Breakfast Point

Elementary School: Breakfast Point

8743 Thomas Drive, Unit 1412 | MLS# 787742

This condo located at 8743 Thomas Drive, Unit 1412, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $325,000. This property was built in 1984 and has 1 bedrooms and 1 full and 1 partial baths with 740 sq. ft. Thomas Drive, Unit 1412 is located in the Summit subdivision. Search Summit real estate on brendatucker.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: SweetBay Realty

Shown By

Agent Name: Brenda Tucker
Agent Phone: (757) 651-4860
Agency Title: Beachy Beach Real Estate

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8743 Thomas Drive, Unit 1412Panama City Beach, FL 32408