8743 Thomas DR #518 Active Save Request In-Person Tour Request Virtual Tour
Panama City,FL 32408
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 740 sqft
Price per Sqft $472
Subdivision Summit
MLS Listing ID 776840
Style High Rise
Bedrooms 1
Full Baths 1
Half Baths 1
HOA Fees $747/qua
Year Built 1984
Annual Tax Amount $3,948
Tax Year 2024
Property Sub-Type Condominium
Property Description
Unit 518 at The Summit is a prime investment opportunity in one of Panama City Beach's most established Gulf-front resorts. This income-generating condo offers direct beach access and full resort amenities, including two pools, hot tubs, fitness center, tiki bar, on-site market, and 24/7 security--features that drive consistent guest demand year-round. With a proven rental history, and professional management in place this unit is turn-key and ready to continue producing revenue! The Summit's central location on Thomas Drive provides walkable access to restaurants, shops, and family attractions, further enhancing its appeal to vacation renters. Whether you're looking to expand your short-term rental portfolio or secure a high-yield beach asset with strong appreciation potential, Unit 518 delivers both immediate cash flow and long-term upside in the heart of PCB!!! Contact me today!
Location
State FL
County Bay
Community Barbecue,Elevator,Fitness Center,Game Room,Laundry Facilities,Sauna,Short Term Rental Allowed,Gated,Pool
Area 03 - Bay County - Beach
Interior
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s),Electric
Laundry Stacked
Exterior
Exterior Feature Balcony
Parking Features Parking Lot
Pool In Ground,Pool,Community
Community Features Barbecue,Elevator,Fitness Center,Game Room,Laundry Facilities,Sauna,Short Term Rental Allowed,Gated,Pool
Amenities Available Beach Rights,Game Room,Gated
Waterfront Description Gulf,Shoreline - Sand,Waterfront
View Y/N Yes
View Gulf
Building
Lot Description Waterfront
Story 15
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Listed As-Is