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810/8743 Thomas Drive

Panama City Beach FL 32408

1
2
740 sq. ft.
Condo
Currently for sale - view listing

Overview

Generating $59,343 in gross rental revenue from June 2025 through July 2026--nearly 20% of the current asking price--this fully furnished, turnkey 8th-floor condo offers an exceptional opportunity to own a proven vacation rental in Panama City Beach. Even more impressive, the unit was off the rental market from November 2025 through April 2026 due to the resort's balcony renovation project. This beautifully updated 1-bedroom, 1.5-bath condo features direct beachfront access and stunning Gulf views from its private balcony. The interior boasts a quartz-countertop kitchen with mosaic tile backsplash and stainless-steel appliances, updated bathrooms with new vanities, luxury plank flooring, a stylish sliding barn door, and tasteful coastal décor. Sleeping accommodations include a king bed with a new memory-foam mattress, a queen sleeper sofa with a new memory-foam mattress, and built-in twin-over-twin bunk beds. Additional features include an electric fireplace, in-unit washer and dryer, and two TVs. The condo comes fully furnished, with established Airbnb and VRBO listings and hundreds of 5-star reviews, providing a strong foundation for continued vacation-rental success. The Summit offers an impressive lineup of amenities, including Gulf-front pools, children's pools, indoor and outdoor hot tubs, saunas, a fitness center, tennis, pickleball, shuffleboard, a tiki bar, an on-site Bar & Grill, gated 24-hour security, and private beach access. Conveniently located near the popular new Tootsie's venue, restaurants, entertainment, and Panama City Beach attractions, this property is ideal as an income-producing investment or personal beach getaway. With documented rental performance, direct Gulf access, and convenient resort amenities, this is an opportunity to own a turnkey beachfront property in one of Panama City Beach's most recognizable resorts.

Features

1 bedroom
2 bathrooms
740 sq. ft. floor area
Condo

Property history for 810/8743 Thomas Drive

2020
Sold
$195,000
04 Dec 2020 by Cynthia Chavira, of Own It Real Estate Llc

Happy sellers in Panama City Beach

91%
91% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Panama City Beach over the last 12 months.

Local market activity for 1 bedroom condos in Panama City Beach

In the last 12 months, 138 one-bedroom condos similar to 810/8743 Thomas Drive, have been sold.

This represents a 13% increase in one-bedroom condos sales when compared to the previous 12 months.

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