8743 Thomas Drive 1412, Panama City Beach, FL 32408

• 1 bed |
• 2 baths |
• 740 sqft

Property Description

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.

Listing Status:

Active

Date Added:

April 1, 2026

Data Last Updated:

April 1, 2026 at 10:18PM

Listing Office:

SweetBay Realty : 850-424-6462

MLS ID:

787742

Interior

• Appliances: Washer/Dryer StackedElectric RangePlumbed For Ice Maker
• Laundry: Stacked
• A/C: Central Air
• Heating: CentralElectric

Exterior

• General: Community
• Style: High Rise
• Other Structures: Balcony
• Pool: GuniteElectric HeatIn GroundCommunity
• Parking: GatedPavedParking Lot

Location

• Road/Access: City Street
• HOA Amenities: Beach RightsGame RoomGatedGazeboBarbecuePicnic AreaSpa/Hot Tub
• Originating MLS: CPAR_CPAR
• County: Bay

Lot

• Zoning: Condominium Unit No. 1412 of The Summita Condominium all as set forth in the Declaration of Condominium and the exhibits annexed thereto and forming a part thereofrecorded in Official Records Book 989at Page 1046of the Public Records of Bay CountyFlorida.30236-414-000
• View: GulfView

Utilities

• Utilities: Cable ConnectedElectricity AvailableHigh Speed Internet Available
• Sewer: Public Sewer

Financial

• Source: CPAR_CPAR