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Sold

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8743 Thomas Drive 1512, Panama City Beach, FL 32408

$625,000
3-bedroom / 3-bathroom condos at The Summit Beach Resort in Panama City Beach, Florida seldom comes on the market. So, if you have been waiting for one, here's your chance! Spacious floor plan with open concept and large kitchen, dining and living area. All bedrooms have king-size beds and one with incredible gulf views and access to a wide balcony. This unit has tile floors throughout and can accommodate about 10-guests comfortably making a great rental investment with a potential estimated rental revenue of $90k a year.The Summit is a classic Panama City Beach vacation spot! This gated resort has 24-hour security and offers 2 large beachfront pools (one of them being heated), 2 kids pools, 3 hot tubs (one of them being indoors), Sauna, Game Room, Fitness Center, shuffleboard, owner's lounge, Convenience Stores, Tiki Bar and everyone's favorite, Bikini Bobs Bar & Grill! The elevators have just been fully upgraded! Located on the East side of Panama City Beach and across the street from the Slingshot, Hammerhead Fred's, Longboard Restaurant and a short 5-minute drive to St. Andrews State Park. All Information is deemed to be reliable, but is not guaranteed, buyer to verify if important.

3
beds

3
baths

1,531 Sq.Ft. LIVING AREA

Alice De La Penha

Alice De La Penha

Sean Casilli

Sean Casilli

Features & Amenities

Interior

  • total bedrooms3
  • Total bathrooms3
  • KITCHEN Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
  • Laundry room Washer Hookup, Dryer Hookup, Stacked
  • Flooring Tile
  • APPLIANCES Beach Rights, Game Room, Gated
  • other interior Features Breakfast Bar, Kitchen Island, Split Bedrooms, Window Treatments

Area & Lot

  • Status Sold
  • Living Area1,531 Sq.Ft.
  • MLS® ID740927
  • TypeCondo
  • YEAR BUILT1984
  • NeighborhoodPanama City Beach, FL
  • Architecture StylesHigh Rise
  • Water Frontage['Gulf']
  • View DescriptionGulf
  • Elementary SchoolBreakfast Point
  • Middle SchoolBreakfast Point
  • High SchoolArnold

Exterior

  • water SourceCommunity/Coop
  • utilitiesCable Available, Sewer Available, Trash Collection, Water Available
  • PoolIn Ground
  • parkingParking Lot
  • HEAT TYPECentral, Electric
  • AIR CONDITIONINGCentral Air, Electric
  • sewerCommunity/Coop Sewer
  • HOA AmenitiesBeach Rights, Game Room, Gated
  • security FeaturesSecurity Gate, Security Guard, Gated Community, 24 Hour Security
  • other exterior FeaturesBalcony

Financial

  • Sales Price$625,000
  • Real Estate Tax $4,074/yr
  • HOA Fees $2,372/3 mos
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Panama City Beach, FL - New Construction

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