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8743 Thomas Drive 1412, Panama City Beach, FL 32408
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8743 Thomas Drive 1412
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Priced at Only: $325,000
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Address: 8743 Thomas Drive 1412, Panama City Beach, FL 32408
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  • MLS#: 787742 ( Residential )
  • Street Address: 8743 Thomas Drive 1412
  • Viewed: 19
  • Price: $325,000
  • Price sqft: $439
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,ShorelineSand
  • Year Built: 1984
  • Bldg sqft: 740
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 1
  • 1/2 Baths: 1
  • Days On Market: 26
  • Additional Information
  • Geolocation: 30.1678 / -85.7928
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: Summit
  • Building: Summit
  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold
  • Provided by: SweetBay Realty
  • DMCA Notice
  • Description
    Gulf front investment opportunity at Summit Beach Resort #1412 in Panama City Beach. This 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 layout that comfortably sleeps up to five guests. The unit features a fully equipped kitchen, in unit washer and dryer, and a spacious living area with a sleeper sofa to maximize occupancy. The primary bedroom includes an ensuite bath, with an additional half bath conveniently located in the hallway for guests. Summit Beach Resort is a well known, amenity rich complex offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, on site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. This property presents strong income potential with minor cosmetic updates such as paint and furnishings. Updated units in the complex command higher rental rates, making this an excellent value add opportunity for investors. Located on the east end of Panama City Beach, just minutes from dining, shopping, golf, and entertainment. Close proximity to the new Tootsie's Orchid Lounge opening nearby is expected to further enhance rental demand and area growth. Whether you're seeking a short term rental investment or a personal beachfront getaway, this unit offers both immediate enjoyment and upside potential.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Living Area: 0.00
Land Information
  • Lot Features: Paved
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: Gated, Paved, ParkingLot
Eco-Communities
  • Pool Features: Gunite, ElectricHeat, InGround, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central, Electric
  • Road Frontage Type: CityStreet
  • Sewer: PublicSewer
  • Utilities: CableConnected, ElectricityAvailable, HighSpeedInternetAvailable
Amenities
  • Association Amenities: BeachRights, GameRoom, Gated, Gazebo, Barbecue, PicnicArea, SpaHotTub
Finance and Tax Information
  • Home Owners Association Fee: 0.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Trash Expense: 0.00
Other Features
  • Appliances: WasherDryerStacked, ElectricRange, PlumbedForIceMaker
  • Legal Description: Condominium Unit No. 1412 of The Summit, a Condominium all as set forth in the Declaration of Condominium and the exhibits annexed thereto and forming a part thereof, recorded in Official Records Book 989, at Page 1046, of the Public Records of Bay County, Florida.
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30236-414-000
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 1412
  • View: Gulf
  • Views: 19
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