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$346,000
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Property Description
RARE GROUND-FLOOR GULF-FRONT UNIT Welcome to Unit 129 at The Summit, where beautiful Gulf views meet unbeatable convenience with direct access to the sugar-white sands of Panama City Beach. Walk straight from your patio to the pool deck and beach! Perfect for families who want easy access to the beach and resort amenities with no elevators required. This condo has received over $50,000 IN UPGRADES and improvements (2022-2023) including a new stove, microwave, refrigerator, washer and dryer, HVAC system, updated flooring throughout, and new living room and kitchen furnishings. The resort has also completed exterior improvements including new windows, sliding glass doors, and balcony tile, enhancing both comfort and long-term value. Inside, the open living space creates a relaxing coastal setting whether you're enjoying morning coffee or unwinding after a day on the beach. The kitchen offers generous counter space and full appliances, while the in-unit washer and dryer add everyday convenience. The layout comfortably accommodates guests with a private primary bedroom, hallway bunk beds, and a 1.5-bath configuration with tub/shower combination. The condo is approved to sleep up to 5 guests and is being sold fully furnished and rental ready. Professionally managed by Azure-Properties with strong rental momentum already in place with approximately $33,000 IN FUTURE RESERVATIONS currently on the books. Ground-floor units like this are highly sought after by guests for their direct pool and beach access. Owners and guests at The Summit enjoy resort-style amenities including: "¢ Two large beachfront pools "¢ Hot tubs and fitness center "¢ Tennis and basketball courts "¢ Shuffleboard, picnic, and grilling areas "¢ Direct beach access "¢ On-site tiki bar, market, and Bikini Bob's restaurant "¢ Gated entry with on-site security and ample open parking Located in the heart of Panama City Beach, just steps from shopping, dining, and entertainment. Summit Resort is on Thomas Drive near St. Andrews State Park, and walking distance to the massive 30,000-square-foot Tootsie's Orchid Lounge (opening soon). Other nearby attractions include Ripley's Believe It or Not, WonderWorks, Shipwreck Island Water Park, ZooWorld, Shell Island excursions, Topgolf, Dolly Parton's Pirates Voyage Dinner & Show! Whether you're searching for a beachfront getaway, second home, or an income-producing investment, this ground-floor Gulf-front unit offers outstanding convenience, strong rental potential, and direct beach access. All information deemed reliable but not guaranteed. Buyer to verify all information deemed important.
Full Property Details
Full Property Details for 8743 Thomas Dr #129
General
- Sold For: $346,000
- Taxes: $3,508 (2025)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 786813
- Added to Site: 66 day(s) ago
Interior
- Number of Rooms: 2
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Shared Amenities: Beach Rights, Gated, Barbecue, Sauna, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
Location
- County: Bay
- Subdivision: Summit
- Driving Directions: Near intersection of Thomas Drive and Joan Avenue
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, High Speed Internet Available
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, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $3,508
- Tax Year: 2025
Disclosures and Reports
- Legal Description: THE SUMMIT UNIT 129 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4612 P 1054
- Property ID: 30236-015-000
Listed by Ohana Real Estate Services
Sold by Legacy Premier Agency
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Schools
Schools serving 8743 Thomas Dr #129
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 2 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 3 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 #129
Date
Details
Price
Change
Source
4/14/2026
Sold
$346,000
-1.11%
MLS
3/14/2026
Listed
$349,900
—
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 #129, Panama City, FL 32408 (MLS# 786813) is a Condo property that was sold at $346,000 on April 14, 2026. Want to learn more about 8743 Thomas Drive #129? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

