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$334,789

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 1 Full Bath
  • 1 Partial Bath
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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 living area with sleeper sofa, luxury vinyl plank flooring throughout, and wood-look tile in the oversized primary bedroom. Additional highlights include hallway bunk beds and a convenient Jack-and-Jill bathroom design, making the layout ideal for vacation rentals and family getaways alike. Summit Beach Resort is a highly sought-after, amenity-rich beachfront resort offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, an on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. Whether you are seeking a strong short-term rental investment or your own personal beachfront retreat, this property offers immediate enjoyment with excellent income potential and long-term upside. Amazing income!

Full Property Details for 8743 Thomas Dr #523

General

  • Price: $334,789
  • HOA FEE: $748/month
  • HOA FEE FREQ.: Quarterly
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 789667
  • Updated: 7/25/2026
  • Added to Site: 109 day(s) ago

Interior

  • Number of Rooms: 1
  • Interior Features: Main Level Primary

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Game Room, Gated, Barbecue, Sauna, Spa/Hot Tub
  • Pool: Yes
  • Pool Description: Community

Location

  • County: Bay
  • Subdivision: The Summit
  • Driving Directions: Corner of Thomas Dr. and Joan Ave turn right first complex on the left. The Summit

School Information

  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes
  • Assoc. Fees Include: Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts

Utilities

  • Sewer: Public Sewer

Structural Information

  • Architectural Style: High Rise
  • Sq. Ft. Source: Appraiser
  • Year Built: 1984

Lot Features

  • Lot Dimensions: 0 x 0

Water Features

  • Water Front: Yes
  • Water Front Desc.: Gulf
  • Water Front View: Gulf

Financial Considerations

  • Association Fee: $2,243
  • Assoc Fee Freq.: Quarterly

Disclosures and Reports

  • Legal Description: THE SUMMIT UNIT 523 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4528 P 1923
  • Property ID: 30236-137-000

Listed by Beachy Beach Real Estate

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Listing agent

— 8743 Thomas Dr #523 —

  • Beachy Beach Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8743 Thomas Dr #523

School District:Bay County School District
NameGradesDistance
Breakfast Point Academy
601 N Richard Jackson Boulevard, Panama City Beach, FL 32407
K-81.9 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-122.9 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 #523 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/25/2026
Price Reduced
$334,789
-1.47%
MLS
7/07/2026
Price Reduced
$339,789
-4.26%
MLS
5/09/2026
Listed
$354,900
14.48%
MLS
2/23/2022
Sold
$310,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 8743 Thomas Dr #523

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,948
—
$263,500
-14%
2024
$3,948
6%
$307,700
7%
2023
$3,712
70%
$287,215
66%
2021
$2,179
-17%
$173,103
-30%
2022
$2,613
20%
$246,500
49%
2021
$2,179
23%
$164,900
17%
2019
$1,772
26%
$141,312
28%
2015
$1,406
15%
$110,050
10%
2014
$1,220
22%
$100,045
10%
2013
$1,003
—
$90,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Beachy Beach Real Estate

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8743 Thomas Drive #523, Panama City Beach, FL 32408 (MLS# 789667) is a Condo property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 8743 Thomas Drive #523 is currently listed for $334,789 and was received on May 09, 2026. Want to learn more about 8743 Thomas Drive #523? 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.

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