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$259,900
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Property Description
Wake up to sweeping gulf views and end every day with sunsets over the Emerald Coast in this stunning 3rd-floor, gulf-front condo at The Summit, Unit 309. Perfectly positioned overlooking the gulf-side pool and sugar-white sands, this turn-key, fully furnished residence delivers effortless coastal living with front-row views of Panama City Beach's iconic emerald waters, just steps from the shoreline and a quick minutes walk to paradise. Inside, the open and airy layout is designed to maximize the view. The living area and breakfast bar frame the Gulf beautifully, creating the perfect backdrop for morning coffee or evening cocktails. A full kitchen features a refrigerator, range, dishwasher, and generous counter space, while the stacked washer and dryer add everyday convenience. The primary bedroom offers privacy and comfort, complemented by hallway bunk beds and a 1.5-bath layout with a shower/tub combo, allowing the condo to comfortably sleep 4-6 guests. Turn-key and rental ready, this unit is being sold fully furnished. Seller hasn't aggressively rented and there's room for GRI improvement here. Projections from Southern Vacation Rentals is $22-30k. Actual GRI for the past 3 years 2023/$25,392, 2024/$21,683, and 2025/$16,514. This unit does not have a washer/dryer. However, the HVAC is new as of 9/2025. Ownership at The Summit unlocks a true resort lifestyle. Enjoy two large beachfront pools, hot tubs, a fitness center, tennis and basketball courts, shuffleboard, picnic and grilling areas, and direct beach access. On-site conveniences include a tiki bar, market, and Bikini Bob's restaurant, making it easy to settle in and stay awhile. The gated community also offers on-site security and ample open parking. The location is only getting better. Situated on Thomas Drive near St. Andrews State Park, marinas, shopping, dining, and entertainment, the area continues to grow adding even more appeal for investors and vacationers alike. Whether you're searching for a high-performing income property, a low-maintenance second home, or your own slice of Gulf-front paradise, this condo delivers views, lifestyle, and opportunity in one unforgettable package. All information deemed reliable but not guaranteed and buyer to verify.
Full Property Details
Full Property Details for 8743 Thomas Dr #309
General
- Sold For: $259,900
- Taxes: $3,437 (2025)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 784140
- Added to Site: 213 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: Tub Shower
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Other, See Remarks, Barbecue, Sauna
- Pool: Yes
- Pool Description: Fenced, Gas Heat, In Ground, Community
- Tennis: Yes
- Security/Safety: Fire Alarm, Smoke Detector(s), Security Service
Exterior
- Exterior Features: Barbecue
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Gated
Location
- County: Bay
- Subdivision: The Summit
- Driving Directions: From Front Beach Road, turn south onto Joan Avenue, then take a right onto Thomas Drive. The Summit will be on the left.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Phone Connected, Phone Available
Structural Information
- Architectural Style: High Rise
- Construction: Concrete
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf
- Lot Dimensions: NA
- Frontage: City Street, Highway
- Fencing (Description): Full, Fenced
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $3,437.5
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMIT UNIT 309 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4464 P 2022
- Property ID: 30236-059-000
Listed by Real Broker LLC
Sold by Bastion Realty LLC
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Schools
Schools serving 8743 Thomas Dr #309
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 1.9 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8743 Thomas Dr #309
Date
Details
Price
Change
Source
7/20/2026
Sold
$259,900
-3.71%
MLS
5/06/2026
Price Reduced
$269,900
-3.57%
MLS
3/31/2026
Price Reduced
$279,900
-5.09%
MLS
1/24/2026
Listed
$294,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8743 Thomas Drive #309, Panama City Beach, FL 32408 (MLS# 784140) is a Condo property that was sold at $259,900 on July 20, 2026. Want to learn more about 8743 Thomas Drive #309? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

