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8743 Thomas Drive Unit 1513, Panama City, FL 32408

$650,000
: 3
BD
: 3
BA

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Sold Price: $650,000
List Price: $695,000
Closing Date: Feb 24, 2026
MLS#: 777430
Status: CLOSED
Type: Condo
Subtype: Condominium
Bedrooms: 3
Bathrooms: 3
Neighborhood: Beach - South of Grand Lagoon

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Property Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Located right next door to the fabulous TOOTSIES ORCHID LOUNGE COMING SOON... this GULF FRONT PENTHOUSE UNIT offers 3BR/3BA, 1,531 sq. ft. and has a solid rental history of over $66,000 for 2025 with the best yet to come!!! Easily accommodate up to 12 guests! Beautifully updated throughout including bathrooms plus stainless appliances and quartz countertops. Gulf-front primary w/ ensuite bath and spacious walk-in closet. Panoramic gulf views from the expansive balcony!, LVP maintenance- free flooring throughout. The Summit offers two gulf-front heated pools, hot tub, fitness center, play area, basketball, shuffleboard, bbq grills, snack bar, tennis courts and it's a short drive to St. Andrews State Park (top ten in FL), Grand Lagoon offering golden spoon waterfront dining options, Shell Island plus golf and attractions!

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Additional Information

Appliances: Electric Oven, Electric Range, Electric Water Heater
Elementary School: Breakfast Point
High School: Arnold
Lot Dimensions: NO LAND
Middle School: Breakfast Point
Neighborhood: Beach - South of Grand Lagoon
Project Facilities: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Golf, Park, Pool, Tennis Court(s), Community Pool, Short Term Rental Allowed
Subdivision: The Summit
Utilities: Cable Connected, Electricity Available, High Speed Internet Available
Waterfront: Yes
Waterview: Gulf
Year Built: 1984
Zoning: Resid Multi-Family