# 8743 Thomas Drive, Panama City Beach, FL 32408

> **TL;DR:** 1bd/2ba condo, $354,900 ($480/sqft), built 1984, 740 sqft.
> Waterfront. Est. $1,538/mo. Listed 23 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $354,900 |
| Price/sqft | $480 |
| Bedrooms | 1 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 740 |
| Year Built | 1984 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 23 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,538 |
| **Total** | **$1,538** |

## Nearby Schools

- **Elementary:** Breakfast Point
- **Middle:** Breakfast Point
- **High:** Arnold

## Key Amenities

- Waterfront

## Property Highlights

- Built in 1984
- Waterfront

## Description

### Agent Description
Gulf-front investment opportunity at Summit Beach Resort in Panama City Beach. This beautifully maintained 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 floor plan that comfortably accommodates up to six guests. The unit features a fully renovated kitchen, in-unit washer and dryer, spacious living area with sleeper sofa, luxury vinyl plank flooring throughout, and wood-look tile in the oversized primary bedroom. Additional highlights include hallway bunk beds and a convenient Jack-and-Jill bathroom design, making the layout ideal for vacation rentals and family getaways alike. Summit Beach Resort is a highly sought-after, amenity-rich beachfront resort offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, an on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. Whether you are seeking a strong short-term rental investment or your own personal beachfront retreat, this property offers immediate enjoyment with excellent income potential and long-term upside. Amazing income!

## Location

- **Address:** 8743 Thomas Drive, Panama City Beach, FL 32408
- **County:** Bay
- **Neighborhood:** The Summit
- **Coordinates:** 30.168266, -85.792602
- **Google Maps:** https://www.google.com/maps?q=30.168266,-85.792602

## Listing Agent

- **Name:** Denis Rakov
- **Brokerage:** Beachy Beach Real Estate
- **Phone:** 8503197412
- **Email:** denis@beachybeach.com

## Primary Photo

![8743 Thomas Drive - Primary Photo](http://lh.rdcpix.com/9e1f7083519854db3a6af64f8b834340l-f2516094714r.jpg)

*17 total photos available on [listing page](https://www.propertysimple.com/listing/8743-thomas-drive-panama-city-beach-fl-32408-l789667)*

---

**MLS#:** 789667 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Central Panhandle 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/8743-thomas-drive-panama-city-beach-fl-32408-l789667)

---

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