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Presented by: Alikhver RealtyPowered by Highrises
For Sale

$349,000

The Summit

8743 Thomas Dr Unit 209, Panama City Beach, FL 32408

  • 1Bed
  • 2Baths
  • -SqFt
  • 1Bed
  • 2Baths
  • -SqFt
  • Property Type
    Condo
  • Year Built
    1984
  • On highrises
    0 Days

Property Details

$65,873.99 in revenue June '24-July '25: 18.88% ROI on the asking price! A true rental powerhouse in one of the most in-demand Panama City Beach resorts. Ground-floor convenience-no elevators needed!-makes this unit a guest favorite and a consistent top performer year-round. This upgraded, turnkey 1BR/1.5BA condo at The Summit delivers everything investors want: strong numbers, high occupancy, upgraded interiors, and major resort improvements already paid for. The seller has fully covered the balcony restoration assessment, meaning no additional costs passed to the buyer-a massive value add. Inside, the unit features updated kitchen and bathroom cabinetry, a brand-new in-unit washer and dryer, a new sleeper sofa in the living room, and a comfortable king-sized bed in the primary bedroom. The layout sleeps 5+ guests with ease, maximizing earning potential while offering the comfort and functionality that repeat guests love. Backed by coming area demand-Tootsie's new beachfront location opens early 2026, just steps away-this unit is positioned to appreciate and outperform for years ahead. Whether you self-manage or use professional management, this condo is a true hands-off income generator. The Summit offers unmatched amenities: two beachfront pools, two hot tubs, a tiki bar, tennis courts, onsite dining, a fitness center, an arcade, and direct gulf-front access-plus prepaid beach service available during the season.

Property Features

Bedrooms

  • Bedrooms: 1
  • Bedroom 1 Level: Second
  • Bedroom 1 Description: Condo
  • Presented by:
  • Gleb Alikhver
  • state license#SL3572588

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Discover More

Learn more about 8743 Thomas Dr Unit 209