For sale Condo

Listed Oct 30, 2026

$374,000 Est. $2,474/mo

8743 Thomas Drive Unit 505

  • 1

    Beds

  • 1

    Baths

  • 740

    Sq ft

The story

  • Pool
  • Waterfront

Unit UNIT 505 at 8743 Thomas Drive is a 1-bedroom, 1-bathroom condo in Panama City Beach, FL with 740 sq ft of living space, built in 1984. It is currently listed at $374,000, with a quarterly HOA fee of $2,245. Highlights include a waterfront setting and a pool.

Enjoy beautiful Gulf views from this recently completely renovated, fully furnished 5th floor condo at The Summit. This 1-bedroom, 1-bath unit with a twin-bed nook in the hallway accommodates up to five guests. The quality remodel complements an exceptional rental history and impressive rental income, making this unit an appealing beach getaway or investment property. The spacious Gulf-front balcony features updated epoxy flooring and a new railing. Resort amenities include direct beach access, two pools--one seasonally heated--two hot tubs, a fitness center, game room, tennis courts, and convenient on-site dining and refreshments. Head next door to Tootsie's Orchid Lounge for food, drinks, and live music, or explore nearby shopping, entertainment, and St. Andrews State Park. For buyers who retain the current rental management company, management is prepared to honor existing reservations, assist with a smooth ownership transition, and offer a discounted management rate.

Facts & features

Home type

Condo

Year built

1984

Price per sq ft

$505

HOA

$2,245 / quarterly

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central, Electric

  • Appliances

    Electric Oven, Electric Water Heater

  • Lot Information

    Paved

Mortgage calculator

Estimated monthly payment

$2,474 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $1,991
  • Property tax $374
  • Insurance $109

Includes principal, interest, taxes & insurance.

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Listing Broker

Keller Williams Success Realty

Broker Name

Keller Williams Success Realty

Agent

Gregory B Ward

Location

Panama City Beach FL 32407