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About This Home

This 1-bedroom, 2-bathroom condo at 8743 Thomas Drive in Panama City Beach, FL is listed for $284,000 ($384 per sqft). Built in 1984, the home offers 740 sqft of living space on a N/A lot.

Agent Description

GREAT VIEWS OF THE GULF from the 6th floor. Gulf-Front Living at The Summit - Prime Panama City Beach Location. Tremendous rental income! This condo is one of the highest rental income condos in Summit. Located in the highly desirable, gated community of The Summit Condominium, this Gulf-front condo offers the perfect blend of comfort, convenience, and resort-style amenities.

Ideally situated near St. Andrews State Park, marinas, dining, shopping, and local entertainment, this central location makes it an excellent choice for both personal use and investment. Community Highlights: Direct beach access to sugar-white sands Poolside Tiki Bar overlooking the Gulf 2 large swimming pools (one seasonally heated) 2 kiddie pools

2 outdoor hot tubs + 1 indoor hot tub Dry saunas On-site market & Bikini Bob's grill Fitness center Shuffleboard, tennis & pickleball courts Unwind on your private balcony and take in stunning Gulf views, soft white sand beaches, and unforgettable sunset skies--your perfect coastal escape.

Key Features

  • Built in 1984
  • Waterfront

Property Details

1 story
1 full, 1 half
#622
1984

Amenities

WaterfrontA/C

Monthly Cost Estimate

$3,692/mo

20% down · 6.5% · 30 years

Principal$205
Interest$1,231
Insurance$83
HOA$2,173

Estimates only. Actual payments may vary.

Location

8743 Thomas Drive

Panama City Beach, FL 32408

The Summit

Features & Amenities

Interior Features

Breakfast BarWasher/Dryer Hookup

Exterior Features

BalconyBBQ Pit/Grill

Property Details

Flooring

Tile

Construction

Concrete Stucco

Heating

Central

Cooling

Central Air

Appliances

CooktopDishwasherDisposalMicrowaveRefrigeratorSmoke DetectorWater Heater - Elect

Questions & Answers

This 1-bedroom, 2-bathroom condo at 8743 Thomas Drive is listed at $284,000 ($384/sqft). The estimated monthly payment is $3,404 based on 20% down at 6.5% interest.

HOA fees are $2173/month.

Key features include: Built in 1984, Waterfront. Interior Features: Breakfast Bar, Washer/Dryer Hookup. Exterior Features: Balcony, BBQ Pit/Grill.

This property is listed by Mike Herring and can be reached at 8503210917 or mherringrealestate@gmail.com.

MH

Mike Herring

Agent at Keller Williams Realty SRB

(850) 321-0917

Listed by Keller Williams Realty SRB · View on Broker Site

MLS# 1001132· Source: listhub· Updated 41 days ago

Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

8743 Thomas Drive, Panama City Beach, FL 32408

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