$349,000

Estimated payment $2,168/month

Total Views 76
1 Bed
1.5 Baths
740 Sq Ft
$472 Price per Sq Ft

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.

Listing Agent

Gleb Alikhver

Alikhver Realty License #BK3572588 Listed on: 11/14/2025

Alikhver Realty

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,948

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Subdivision Name: The Summit
  • Architectural Style: High Rise
  • New Construction: No
  • Building Stories: 15
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 15

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Dining Room Type: Bedroom
  • Stories: 15

Exterior Features

  • Waterfront Features: Gulf
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Cable Connected

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Amenities: Business Center, Game Room, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Fitness Facility, Internet, Pool(s), Tennis Courts, Trash

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 3948.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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®

Source: Central Panhandle Association of REALTORS®

MLS Number: 781631

Central Panhandle Association of REALTORS®