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Property Description
Experience the very best of coastal living in this beautifully renovated and furnished 1-bedroom, *2-full-bath* Gulf-front condominium at The Summit Panama City Beach. Meticulously maintained as a private second home, this turnkey residence offers sweeping, direct Gulf of Mexico views that greet you the moment you walk through the door. If you've been searching for a Panama City Beach condo for sale that blends modern style, comfort, and a prime beachfront location, your search ends here. Be sure to view the floor plan in the listing photos to see how well this condo is laid out. Step inside and you'll find a fresh, modern coastal design that flows from room to room. Every detail of the renovation was carefully considered, creating a bright, relaxed space that feels both elegant and inviting. The living area is the perfect place to unwind after a long day on the sugar-white sand, with new, stylish coastal furnishings that convey with the sale. That means you can start enjoying your beachfront condo in PCB from day one, with no shopping trips or setup required. The primary suite is a true retreat, featuring an adjustable King bed so you can rest exactly the way you like. Two full bathrooms add a level of comfort and privacy rarely found in a one-bedroom unit, making it easy to host family and friends. This thoughtful layout also adds strong appeal for vacation renters, who value the convenience of a private bath for every guest. Life at The Summit feels like a resort vacation every day. Residents enjoy two large swimming pools, including a heated pool for year-round swimming, along with a lively tiki bar and poolside grill that make it easy to relax and dine just steps from the beach. Stay active on the tennis courts or in the fitness center, then soak up the Florida sunshine on the sundeck or gather with loved ones in the picnic areas. These resort-style amenities make The Summit one of the most sought-after Gulf-front communities in Panama City Beach. This rare opportunity offers flexibility for every buyer. Enjoy it as your own personal beach getaway, a peaceful escape where Gulf of Mexico views and coastal breezes become part of daily life. Or take advantage of its turnkey condition, included furnishings, and in-demand location to build a strong vacation rental investment in one of Florida's most popular beach destinations. Better yet, enjoy the best of both by using it for your own escapes while earning income when you're away.
Full Property Details
Full Property Details for 8743 Thomas Dr #205
General
- Price: $339,000
- HOA FEE: $748/month
- HOA FEE FREQ.: Quarterly
- Taxes: $3,507 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 797153
- Updated: 10/29/2026
- Added to Site: 3 day(s) ago
Interior
- Number of Rooms: 2
- Interior Features: Tub Shower
- Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Game Room, Barbecue
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: 24 Hour Security, Security Gate
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Parking Lot, Gated
Location
- County: Bay
- Subdivision: Summit
- Driving Directions: Take Thomas Drive to The Summit condos - 205 is on the right (west) side of the building. There is an elevator and stairs on that side.
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: Clubhouse, Fitness Facility, Legal/Accounting, Maintenance Grounds, Pool(s), Sewer, Tennis Courts, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: High Rise
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf
- Lot Dimensions: na
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Association Fee: $2,245
- Assoc Fee Freq.: Quarterly
- Tax Amount: $3,507.73
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMIT UNIT 205 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4398 P 2173
- Property ID: 30236-023-000
Listed by Outlaw Coastal Realty, Inc
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Schools
Schools serving 8743 Thomas Dr #205
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 #205
Date
Details
Price
Change
Source
10/29/2026
Listed
$339,000
20%
MLS
4/28/2021
Sold
$282,500
—
Public Record
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
Tax History for 8743 Thomas Dr #205
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,895
—
$263,500
-14%
2024
$3,895
8%
$307,700
7%
2023
$3,622
66%
$287,215
66%
2021
$2,179
-26%
$173,103
-30%
2022
$2,935
35%
$246,500
49%
2021
$2,179
23%
$164,900
17%
2019
$1,772
4%
$141,312
6%
2018
$1,710
14%
$133,450
3%
2017
$1,500
5%
$129,625
6%
2016
$1,426
1%
$122,230
11%
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.
Estimate the Cost
Estimate the Cost for 8743 Thomas Dr #205
8743 Thomas Drive #205, Panama City, FL 32408 (MLS# 797153) is a Condo property with 1 bedroom and 2 full bathrooms. 8743 Thomas Drive #205 is currently listed for $339,000 and was received on October 29, 2026. Want to learn more about 8743 Thomas Drive #205? 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.

