The Summit Beach Resort Condominium 8743 Thomas Dr Unit 209 Panama City Beach, FL 32408
Estimated payment $2,168/month
Highlights
- Property fronts gulf or ocean
- Game Room
- High-Rise Condominium
- J.R. Arnold High School Rated A-
About This Home
$65,873.99 in revenue June '24 - July '25: 18.88% ROI on the ask! One of the strongest 1-bedroom earners at The Summit—an effortless, highly reliable income performer with upgrades throughout and zero upcoming balcony window expenses because the special assessment has already been fully paid. A standout investment opportunity, this beautifully updated ground-floor Direct Beachfront 1BR/1.5BA offers the rare advantage of no elevator needed, making it a guest-favorite and a consistent year-round rental machine. Renovations include upgraded kitchen and bathroom cabinetry, a brand-new washer and dryer in the unit, a new sleeper sofa, a king bed in the primary bedroom, hallway bunk beds, and a sleek electric fireplace that adds a designer touch to the living area. Comfortably sleeping 5 guests, this turnkey condo delivers impressive returns with minimal effort in one of Panama City Beach's most iconic beachfront resorts. The Summit offers exceptional amenities including beachfront pools, hot tubs, a fitness center, onsite dining, saunas, arcade, and direct private beach access—all in a location that is steps away from the soon-to-open Tootsie's Orchid Lounge arriving in early 2026. With proven rental strength, premium walkability, and amenities that continue to attract repeat guests year after year, Summit 209 is positioned as a reliable, long-term income generator in the heart of PCB.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,948
Year Built
- Built in 1984
Lot Details
Bedrooms and Bathrooms
- 1 Bedroom
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Community Details
Overview
- Property has a Home Owners Association
- Association fees include fitness facility, internet, pool(s), tennis courts, trash
- High-Rise Condominium
- The Summit Subdivision
- 15-Story Property
Amenities
- Game Room
Map
About The Summit Beach Resort Condominium
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | For Sale | $349,000 | -- | $472 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
MLS Number: 781631
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