8743 Thomas Drive #810, Panama City Beach, FL 32408
Local realty services provided by:CENTURY 21 AllPoints Realty
8743 Thomas Drive #810,Panama City Beach, FL 32408
$319,900
- 1 Beds
- 2 Baths
- 740 sq. ft.
- Condominium
- Active
Listed by: gleb alikhver
Office: alikhver realty
MLS#:791705
Source:FL_BCMLS
Price summary
- Price:$319,900
- Price per sq. ft.:$432.3
- Monthly HOA dues:$748.33
About this home
$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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Home facts
- Year built:1984
- Subdivision & Development:The Summit
- Listing ID #:791705
- Added:79 day(s) ago
- Updated:September 10, 2026 at 02:32 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Rooms Total:1
- Kitchen Description:Electric Range
- Living area:740 sq. ft.
Structure and exterior
- Year built:1984
- Building area:740 sq. ft.
- Architectural Style:High Rise
- Exterior Features:Balcony
- Levels:15 Stories
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Finances and disclosures
- Price:$319,900
- Price per sq. ft.:$432.3
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:BuildingSecurity, ElectricRange, GatedCommunity, SecurityGuard, WasherDryerStacked
- Pool features:Community
Parking
- Parking description:Parking Lot
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