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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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8743 Thomas Dr Unit 523 , Panama City Beach, FL 32408
$334,789
Est. Payment: $1,697.99/mo
1 Bed
2 Bath
740 Sqft
Status: active | Days on site: 77
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

Gulf-front investment opportunity at Summit Beach Resort in Panama City Beach. This beautifully maintained one-bedroom, one-and-a-half-bath condominium offers stunning, unobstructed views of the Gulf of Mexico from a private balcony and a highly functional floor plan that comfortably accommodates up to six guests. The unit features a fully renovated kitchen, in-unit washer and dryer, spacious living area with sleeper sofa, luxury vinyl plank flooring throughout, and wood-look tile in the oversized primary bedroom. Additional highlights include hallway bunk beds and a convenient Jack-and-Jill bathroom design, making the layout ideal for vacation rentals and family getaways alike. Summit Beach Resort is a highly sought-after, amenity-rich beachfront resort offering multiple pools, hot tubs, sauna, tennis courts, shuffleboard, an on-site Tiki bar, grilling area, arcade/game room, playground, beach services, water sports, and a sundry shop. Whether you are seeking a strong short-term rental investment or your own personal beachfront retreat, this property offers immediate enjoyment with excellent income potential and long-term upside. Amazing income!

Highlights

Listed by Denis Rakov , 850-319-7412 Beachy Beach Real Estate , 850-233-4351. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2243 Quarterly

Year Built

1984

County

Bay

Area

03 - Bay County - Beach

Neighborhood

The Summit

Listing ID

789667

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Other:
  • Additional:Main Level Primary

Exterior Features

Lot Dimensions:0x0
Sewer:Public Sewer
Principal Interest
$1,698
Taxes
$213
HOA
$2,243

Home Price

$334,789

Loan Details

30 yrs
6.529%

Down Payment

20%
$66,958
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,697.99

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,697.99 $213.43 $2,243.00 $4,154.41
Yearly $20,375.84 $2,561.14 $26,916.00 $49,852.98
Total $611,275.19 $76,834.08 $807,480.00 $1,495,589.27

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS