8743 Thomas Drive Unit 810, Panama City Beach, FL 32408

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List Price
$314,900
Status
ACTIVE
Price Change
▼ $4,000 1790377307
MLS#
791705
Subtype
Residential
Style
High Rise
Year Built
1984
Bedrooms
1
Bathrooms
2
Full Baths
1
Half Baths
1
Subdivision
The Summit
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

Property Description

$55,537 in gross rental revenue from July 2025-July 2026 -- equivalent to approximately 18% of the current asking price in gross rental revenue! Even more impressive, this income was generated while the unit was off the rental market from November 2025 through April 2026 due to the resort's balcony renovation project. Beautifully updated 8th-floor, direct-beachfront 1BR/1.5BA with Gulf views from the private balcony and direct private beach access. The unit features a quartz-countertop kitchen with mosaic tile backsplash and stainless-steel appliances, updated bathrooms with new vanities, luxury plank flooring, a stylish sliding barn door, and more. Sleeping accommodations include a king-size bed with a new memory-foam mattress, a queen-size sleeper sofa with a new memory-foam mattress, and a built-in twin-over-twin bunk bed. Additional highlights include an electric fireplace, in-unit washer/dryer, two TVs, and tasteful coastal décor. Fully furnished and turnkey, with established Airbnb and VRBO listings and hundreds of 5-star reviews, making this an established and proven vacation rental. The Summit offers Gulf-front pools, children's pools, indoor and outdoor hot tubs, saunas, a fitness center, tennis, pickleball, shuffleboard, a tiki bar, an on-site Bar & Grill, gated 24-hour security, and private beach access. Conveniently located near the new and highly popular Tootsie's, as well as dining, entertainment, and popular Panama City Beach attractions. Minimal maintenance and easy ownership make this an especially attractive vacation-rental investment or second home. With proven rental income, an attractive purchase price, an unbeatable location, and direct Gulf access, opportunities like this don't come along often!

Additional Information

Interior Features
Smart Thermostat
HOA Fee
$2,245
Property Description
High Rise
Flooring
Plank, Vinyl
Appliances
Washer/Dryer Stacked, Electric Oven
Heating
Central, Fireplace(s)
Air Conditioning
Central Air
Stories
15
Parking
Parking Lot
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

Listing courtesy of Alikhver Realty.

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