Lower Grand Lagoon, FL Homes for Sale under $500,000

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  /52

  $319,900

  $19K PRICE DROP

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

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

  $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

  Gleb Alikhver Alikhver Realty

  8743 Thomas Dr Unit 810, Panama City Beach, FL 32408
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  /40

  $325,000

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 1408, Panama City, FL 32408

  Fully Remodeled & Turnkey Gulf-Front Vacation Rental! This beautifully updated 14th-floor condo at The Summit offers breathtaking Gulf views and is rental-ready from day one. Sold fully furnished, this spacious 1BR/1.5BA comfortably sleeps up to 5 guests with a king bedroom, hallway bunks, sleeper sofa, a modern fully equipped kitchen, and a private beachfront balcony. The Summit is one of Panama

  Viola Zhuravel Fun Quest Vacation Rentals Corp

  8743 Thomas Dr Unit 1408, Panama City, FL 32408
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  /68

  $319,000

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 418, Panama City Beach, FL 32408

  LOW FLOOR. CENTER-BUILDING POOL AND GULF VIEWS. The Summit 418 is a one-bedroom, one-and-a-half-bathroom condominium in Panama City Beach, Florida, featuring a hallway bunk area and direct views of the beach, the Gulf, and the resort pools below. Positioned near the center of the building, this fourth-floor unit offers a balanced view of both beachfront pools, the beach access, and the Gulf

  Alice De La Penha Coldwell Banker Realty

  8743 Thomas Dr Unit 418, Panama City Beach, FL 32408
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  /45

  $495,000

  $39K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,086 Sq Ft

  8727 Thomas Dr, Panama City, FL 32408

  GULF FRONT at Sugar Beach!! Presenting Sugar Beach C-17, the only gulf-front condo currently available in this highly desirable gated resort. This beautifully positioned 2-bedroom, 2-bath residence delivers the true Gulf-of-Mexico lifestyle, with both the primary suite and the spacious family room overlooking the water and offering direct balcony access for sunrise coffees, sunset dinners, and

  Team Don and Bubba eXp Realty, LLC

  8727 Thomas Dr, Panama City, FL 32408
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  /50

  $349,900

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 421, Panama City Beach, FL 32408

  Beautifully remodeled 4th-floor condo at the Summit. Unit 421! This 1-bedroom, 1.5 bath unit was completely remodeled in 2025 and is truly turnkey and rental-ready. -Updates include a new electrical panel, all new plumbing, new AC, new tile flooring, a gorgeous new walk-in shower, new cabinets with granite countertops, new appliances, updated bathroom vanities with granite tops, new furniture and

  Jo Cochran Anchor Realty Florida

  8743 Thomas Dr Unit 421, Panama City Beach, FL 32408
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  /64

  $329,900

  $19K PRICE DROP

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 209, Panama City Beach, FL 32408

  $56,765 in revenue July '25 to June '26: a 16.3% ROI on the asking price! One of the strongest-earning 1-bedrooms at The Summit, this fully renovated, direct-beachfront 1BR/2BA pairs strong income with a feature that is almost impossible to find on the sand: a low, 2nd-floor location. There are no elevator waits - guests simply take the stairs and they are on the beach in seconds. The Gulf and

  Gleb Alikhver Alikhver Realty

  8743 Thomas Dr Unit 209, Panama City Beach, FL 32408
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  /44

  $319,000

  $20K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,361 Sq Ft

  125 Bonita Cir, Panama City Beach, FL 32408

  Hidden Gem in the Heart of PCB! This lovely condo has 1 bedroom upstairs with a jetted tub and separate shower along with a spacious kitchen and roomy living space while the downstairs boasts a large Efficiency that is equipped with a queen size Murphy bed, full bath with walk in shower, bunks and a kitchenette! This unit is unique in so many ways! Enjoy this space as your private home with

  Jessica Langeloh Counts Real Estate Group Inc

  125 Bonita Cir, Panama City Beach, FL 32408
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  /38

  $330,000

  $10K PRICE DROP

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 1420, Panama City Beach, FL 32408

  Your beach getaway is ready and waiting! This beautifully updated 1-bedroom, 1.5-bath condo with a bunk area offers plenty of room to relax, recharge, and enjoy everything Panama City Beach has to offer. Whether you're looking for a beach retreat, full-time home, or investment property, this one checks a lot of boxes!The bright, open kitchen features stainless steel appliances, a generous

  Barbara Wade Beachy Beach Real Estate

  8743 Thomas Dr Unit 1420, Panama City Beach, FL 32408
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  /31

  $299,000

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 720, Panama City Beach, FL 32408

  The Summit is a desirable beachfront condominium property with a long history of exceptional rental income. This 7th floor center-located unit offers 1-bedroom with a king size bed, plus hallway bunk beds and a sofa sleeper in the living room. The kitchen has updated cabinetry and appliances, including a washer and dryer. This well-maintained condo comes fully furnished and rental ready. The

  Mark Peery Top Producers Real Estate Group

  8743 Thomas Dr Unit 720, Panama City Beach, FL 32408
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  /44

  $319,000

  $10K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 827, Panama City, FL 32408

  Welcome to Unit 827 at The Summit, where breathtaking Gulf views and resort-style living come together in the heart of Panama City Beach! This well-maintained Gulf-front condo offers an open floor plan filled with natural light and a private balcony overlooking the sugar-white sand and emerald waters of the Gulf. One of the standout features of this unit is that it is one of the few condos at The

  Katherine Gloer Berkshire Hathaway HomeServices Beach Properties of Florida

  8743 Thomas Dr Unit 827, Panama City, FL 32408
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  /58

  $368,900

  • 1 Bed
  • 2 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 1419, Panama City, FL 32408

  RARE 2-BATH FLOOR PLAN + COMPLETELY UPDATED! This stunning 1-bedroom, 2-full-bath condo at The Summit is a true standout--one of the most desirable and hard-to-find in the building. Beautifully renovated with a fresh coastal feel and sold turnkey ready, it's perfect as a vacation rental, second home, or beach getaway. Enjoy incredible Gulf views, a private balcony, and resort-style amenities--all

  Viola Zhuravel Fun Quest Vacation Rentals Corp

  8743 Thomas Dr Unit 1419, Panama City, FL 32408
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  /70

  $295,000

  $55K PRICE DROP

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 1207, Panama City Beach, FL 32408

  Stunning Gulf-View Condo - Updated & Rental-Ready!Welcome to your dream beach retreat! Whether you're looking for a primary residence, vacation getaway, or income-generating investment, this condo checks all the boxes. With a proven rental history, this beautifully updated and well-maintained 1-bedroom, 1.5-bath unit is located on the 12th floor of the highly sought-after Summit Resort in

  Alina Kvasha Dalton Wade Inc

  8743 Thomas Dr Unit 1207, Panama City Beach, FL 32408
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  /34

  $329,000

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 412, Panama City Beach, FL 32408

  Imagine owning a beachfront paradise with breathtaking, direct views of the silky white sands and emerald-blue waters of the Gulf of Mexico! This stunning 4th-floor condo at The Summit offers everything you've been dreaming of and more. Perfectly positioned for maximum beach views and recently updated with new windows and doors, this unit is truly a standout in the complex.Beautifully

  Rachel Warrell eXp Realty, LLC

  8743 Thomas Dr Unit 412, Panama City Beach, FL 32408
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  /3

  $299,000

  $26K PRICE DROP

  • Land
  • 5,662 Sq Ft
  • $2,300,000 per Acre

  5733 S Lagoon Dr, Panama City Beach, FL 32408

  Welcome to the rare opportunity to own a premier building lot in Panama City Beach's sought-after South Lagoon neighborhood! Perfect for developers, builders, or anyone dreaming of a custom water view home. This lot is walking distance to two public lagoon access points. One access is 'Dolphin Drive' boat ramp which features a dock (for fishing) and public parking. This area is ideal for boating

  Joan Altenpohl Coastal Real Estate Group, Inc

  5733 S Lagoon Dr, Panama City Beach, FL 32408
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  /17

  $334,789

  $20K PRICE DROP

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 523, Panama City Beach, FL 32408

  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

  Denis Rakov Beachy Beach Real Estate

  8743 Thomas Dr Unit 523, Panama City Beach, FL 32408
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  /15

  $315,000

  • 1 Bed
  • 1.5 Baths
  • 740 Sq Ft

  8743 Thomas Dr Unit 1212, Panama City Beach, FL 32408

  A beautiful 12th floor beachfront condo with amazing gulf views! Located in The Summit Condominium Beach Resort - close to Ripleys Believe-It-Or-Not, ZooWorld, PierPark, Shipwreck Islnd Waterpark, minigolf & more! This has been a great rental and is being sold fully furnished! -Brand new HVAC!-1 Setup of 2 Beach Chairs & Umbrella included paid for thru Oct 2026.-2 Pools (1 Pool is

  Stephen Hachey Lowest Fee Realty LLC

  8743 Thomas Dr Unit 1212, Panama City Beach, FL 32408
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  /27

  $209,900

  $25K PRICE DROP

  • 1 Bath
  • 489 Sq Ft

  8817 Thomas Dr Unit A208, Panama City Beach, FL 32408

  Welcome to Top of the Gulf 208, a beachfront property offering stunning views of the white sands and emerald-green waters of the Gulf of America. This fully furnished studio features floor-to-ceiling windows with beautiful views, two queen beds, a full bathroom, and an updated and open kitchen equipped with everything needed to prepare the perfect meal. Enjoy the sunset after a day of leisure

  Wendy Skorupski Lifes A Beach Real Estate, LLC

  8817 Thomas Dr Unit A208, Panama City Beach, FL 32408

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