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+18508146999
VIRGA REALTY, INC.
8743 Thomas Drive Unit 1105, Panama City, FL 32408
- $295,000
- 1
- BD
- 2
- BA
- Sold Price
- $295,000
- List Price
- $313,500
- Status
- CLOSED
- Closing Date
- Jun 04, 2026
- MLS#
- 787371
- Subtype
- Residential
- Style
- High Rise
- Year Built
- 1984
- Bedrooms
- 1
- Bathrooms
- 2
- Full Baths
- 1
- Half Baths
- 1
- Subdivision
- Summit
- Neighborhood
- Beach - South of Grand Lagoon
- MLS Area Major
- Bay County - Beach
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Beautiful, tastefully updated 11th-floor unit at The Summit with a strong rental history! This is a Gulf-Front condo, one-bedroom (with a king bed), hallway bunkbeds, with one full, and one half-bath. Breathtaking Gulf views, exceptional value, and an ideal layout in one of Panama City Beach's most highly sought-after buildings. Updated tile throughout the entire unit. Kitchen features new granite countertops, tile backsplash, newer stainless steel appliances, and updated lighting. This condo is being sold fully furnished and move-in ready, offering a seamless transition for either the right investor or buyer looking to fulfill their beach living dream. The Summit has long been the rental staple of Panama City Beach and is currently undergoing balcony repairs with no special assessment. Tootsie's night club is quickly being built next door-- adding even more excitement, value, and rental potential for the future to an already ideal location. Don't miss your opportunity to invest in this ideally located unit with tremendous upside and future rental potential. Resort Amenities: • Gated Community • 24/7 Onsite Security • Private Beach Access • 2 Pools and 2 Hot Tubs (7am-11pm) • Fitness Center and Sauna (7am-11pm) • Basketball Court • Tennis Court • Pickleball Court • 2 Shuffleboards • Tiki Bar (Seasonal) • Bikini Bob's (Seasonal) • Game Room (8am-11pm) • Charcoal Grills & Picnic Area
Additional Information
- Property Description
- High Rise
- Appliances
- Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
- Heating
- Central, Electric, Forced Air
- Air Conditioning
- Central Air, Ceiling Fan(s)
- Exterior Construction
- Stucco
- Stories
- 15
- Roof
- Metal
- Parking
- Electric Gate, Gated, Parking Lot
- Elementary School
- Breakfast Point
- Middle School
- Breakfast Point
- High School
- Arnold
Listing courtesy of Coastal Living Realty & Associates.
Selling Office: EXP Realty LLC.