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Key Facts

1Beds

2Baths

740Sq Ft

1984Year Built

$284,000

Active57 days on marketListed April 21, 2026

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Description

GREAT VIEWS OF THE GULF from the 6th floor. Gulf-Front Living at The Summit - Prime Panama City Beach Location. Tremendous rental income! This condo is one of the highest rental income condos in Summit. Located in the highly desirable, gated community of The Summit Condominium, this Gulf-front condo offers the perfect blend of comfort, convenience, and resort-style amenities. Ideally situated near St. Andrews State Park, marinas, dining, shopping, and local entertainment, this central location makes it an excellent choice for both personal use and investment. Community Highlights: Direct beach access to sugar-white sands Poolside Tiki Bar overlooking the Gulf 2 large swimming pools (one seasonally heated) 2 kiddie pools 2 outdoor hot tubs + 1 indoor hot tub Dry saunas On-site market & Bikini Bob's grill Fitness center Shuffleboard, tennis & pickleball courts Unwind on your private balcony and take in stunning Gulf views, soft white sand beaches, and unforgettable sunset skies--your perfect coastal escape.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

N/A

Year Built

1984

Living Area

740 sq ft

Days on Market

MLS® Listing#

1001132

Property Features

Interior

Breakfast Bar

Exterior

Outdoor GrillBalcony

Appliances

CooktopDishwasherDisposalMicrowaveRefrigeratorElectric Water Heater

Cooling

Central AirElectric

Heating

CentralElectric

Flooring

Tile

Pool

In GroundCommunity

Lot Features

Waterfront

Construction

ConcreteStucco

Windows

Window Treatments

Security

Smoke Detector(s)

Community

GatedPool

Utilities

Cable AvailableElectricity Available

Sewer

Public Sewer

Water Source

Public

Rooms

15 x 6First
Living Room18 x 15First
Master Bedroom14 x 15First

Schools

Elementary:: Breakfast Point
Middle:: Breakfast Point
High:: Arnold

Financial Details

HOA

$2,173 / Quarterly

Annual Taxes

$3,357

Tax year 2025

Assessed Value

$2,173

Parcel Number

30236-168-000

Directions

Hwy 98 to West on Front Beach Rd. Left on Joan Ave. Right on Thomas Dr. to 8743.

Affordability Calculator

Home Price

Down Payment

$56,800

Interest Rate (%)

Loan Term

Estimated monthly payment

$1,512/mo

Principal $227,200 · Est. interest $316,964 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City Beach, FL

$471,320
Median Listing Price: 117
Median Days on Market: 1,450
Median Sq Ft: $353
Median Price / Sq Ft: 31,383
Active Listings

This home’s price is 40% below the area median.
Its price per sq ft is 9% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.

Location

Points of Interest in Panama City Beach, FL

Nearby Schools

Primary Prep School
Elementary · 1.3 mi away
Twisted Fork Culinary Classroom
School · 1.3 mi away
St Bernadette Early Childhood Development Center
School · 1.5 mi away
Patronis Elementary School
Elementary · 1.7 mi away
Breakfast Point Academy
School · 2.6 mi away
Arnold Pre K
Secondary · 2.6 mi away
JR Arnold High School
Secondary · 2.8 mi away
Learning Tree II-Child Development Center
School · 3.0 mi away
Stacey's Fun in the Sun Preschool 2 Inc.
School · 3.0 mi away
Surfside Kids Academy
School · 3.2 mi away
Hutchison Beach Elementary School
Elementary · 3.4 mi away
Surfside Middle School
Secondary · 4.5 mi away
Lucille Moore Elementary School
Elementary · 5.2 mi away
St Andrew School
School · 5.4 mi away
Gulf Coast School for Autism
School · 6.0 mi away
St. Andrew School at Oakland Terrace
Elementary · 6.0 mi away
Oakland Terrace School for the Arts
School · 6.0 mi away
Bacot Academy
School · 6.1 mi away
St John Catholic School
School · 6.2 mi away
Covenant Christian School
School · 6.3 mi away

8743 Thomas Drive, Panama City Beach, FL

0.0 mi away

$339,789

1 bed · 2 bath

8743 Thomas Drive, Panama City Beach, FL

0.0 mi away

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
200 177th Dr 107, Sunny Isles Beach, FL	$198,888	1	1	536
200 177th Dr 419, Sunny Isles Beach, FL	$198,888	1	2	620
403 Transmitter Road, Panama City, FL	$198,900	3	2	1,524
500 Bayview Dr 125, Sunny Isles Beach, FL	$198,900	1	1	598
815 W Boynton Beach Boulevard 7-205, Boynton Beach, FL	$198,900	2	2	884
6865 Huntington Lane 105, Delray Beach, FL	$198,980	2	2	990

Moving Cost Estimate

EXIT Agents in Panama City Beach

William Kilpatrick
Franchisee
EXIT Realty Anchor SouthPanama City, FL
(334) 402-0028
rossonthelakeandcoast@gmail.com
Susan Sharpe
Broker of Record
EXIT Realty Anchor SouthPanama City, FL
(850) 974-4890
susansharperealtor@gmail.com
Whittney Self
Sales Representative
EXIT Realty Anchor SouthMiramar Beach, FL
(770) 597-2888
broker@exit-spa.com
Tammy Evans
Sales Representative
EXIT Realty Orange BeachOrange Beach, AL
(812) 416-0901
tammysueevans1@gmail.com
Jordan Epperson
Sales Representative
EXIT Realty Orange BeachOrange Beach, AL
(251) 508-8986
jordansellsparadise@gmail.com
Thomas Stanton
Franchisee
EXIT Realty Orange BeachOrange Beach, AL
(251) 213-1860
tommy.exit@gmail.com

Listing Courtesy: Keller Williams Realty SRB - 8506542900

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.