8743 Thomas Drive 1012, Panama City

$305,000

1 Bed
2 Baths
740 Sqft
0 Acre
0 Garage

UPDATES AND NEW PHOTOS COMING SOON! Do NOT sleep on this unit!

With the new Tootsie's Orchid Lounge opening next door, The Summit is THE PLACE TO BE. Live music + entertainment + great food (even a pool!) = a new 'amenity' for guests and owners that you don't have to pay for, so be sure to take advantage of this new attraction and get in on the great price on #1012 NOW.

The Summit is a long-beloved vacation spot for generations of visitors to Panama City Beach and also has great repeat Snowbird business. This condo unit is fully furnished as a short-term rental and features the following:
--Private bedroom with new LVP flooring
--En-suite bath off the main bedroom with shower/tub combo
--2 twin bunks in the hall
--Half bath in the hall
--Sleeper sofa in living room
--Compact kitchen with all necessities
--Extra counter space, drawers, and cabinets
--Full size Amana washer and dryer
--Tile in hall, baths, and kitchen/dining/living room
--GE electric stove
--Built-in microwave
--Hotpoint refrigerator
--Double sink
--Dining table with 4 chairs
--7' x 15' balcony with outdoor furniture

The Summit grounds feature a gated entrance, 24-hour security, 2 pools (one heated seasonally), 2 hot tubs, 2 kiddie pools, a poolside Tiki Bar, a full-service restaurant (Bikini Bob's), fitness center, game room, ice cream/snack and gift shops, jet ski rentals, shuffleboard, and lighted tennis/pickleball courts.

See the walkthrough video attached to this listing, and ask your agent for the Airbnb link as well.

Thank you for your interest. We look forward to your offer!

Essential Information
MLS® #971219
Price$305,000
Sold Price$295,000
Date Sold$2026-05-08
Bedrooms1
Bathrooms2.00
Full Baths1
Half Baths1
Square Footage740
Year Built1984
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusSold
Community Information
Address8743 Thomas Drive 1012
Area27 - Bay County
SubdivisionSummit
CityPanama City
CountyBay
StateFL
Zip Code32408
Amenities
ViewGulf
Is WaterfrontYes
WaterfrontGulf
Utilities

Electric, Public Sewer, Public Water, TV Cable

Interior
Interior FeaturesHallway Bunk Beds
HeatingCentral
CoolingCentral Air, Ceiling Fan(s)
Appliances

Dishwasher, Dryer, Freezer, Microwave, Refrigerator, Washer

Exterior
Exterior FeaturesBalcony
WindowsWindow Treatments
ConstructionConcrete
School Information
ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold
Additional Information
Days on Website587
Listing Details
OfficeEXP Realty LLC
Property History
Price Reduced from $310,000 to $305,000
Price Reduced from $320,000 to $310,000
Price Reduced from $337,500 to $320,000
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DISCLAIMER: Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.

Listing information last updated on October 22nd, 2026 at 6:37pm CDT.