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Harrison Lilly

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

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8743 Thomas Dr Unit 810 , Panama City Beach, FL 32408
$329,900
Est. Payment: $1,673.19/mo
1 Bed
2 Bath
740 Sqft
Status: active | Days on site: 64
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

$56,643 in revenue July '25 to June '26: a 16.7% ROI on the asking price! A newly renovated, 8th-floor, direct-beachfront 1BR/2BA at The Summit that is also a proven cash machine. Wake up to unobstructed Gulf views from your private 8th-floor balcony, then cozy up by the electric fireplace after a day on the sand. The full renovation shows everywhere: a new white shaker kitchen with quartz counters, mosaic tile backsplash, and stainless appliances; updated baths with marble-look tile and quartz vanities; a new memory-foam king; and wood-look plank flooring throughout, finished with designer coastal touches like a sliding barn door and blue velvet accent chairs. It sleeps five with the king, a queen sleeper sofa, and a built-in twin-over-twin bunk nook, and comes complete with an in-unit washer and dryer, two smart TVs, and a fully equipped kitchen, sold fully furnished and truly turnkey. It also sits right next to the booming new Tootsie's in the legendary former Spinnaker Beach Club, a fresh demand driver for the entire resort. The Summit offers two Gulf-front pools (one seasonally heated), children's pools, two outdoor and one indoor hot tub, his-and-hers saunas, a fitness center, tennis and pickleball, shuffleboard, a poolside tiki bar, the on-site Bar & Grill, and gated 24-hour security with direct private beach access. With established Airbnb and VRBO listings, years of five-star reviews, and a loyal repeat-guest base, the unit has a proven track record, and about 12% of its revenue already comes from direct and repeat bookings, well above the Panama City Beach market average. As an added bonus, the seller's revenue consultant will personally assist the buyer in expanding the property's direct-booking strategy through modern AI, automation, and data-driven revenue management techniques. Full rent roll available to qualified buyers.

Highlights

Listed by Gleb Alikhver , 404-933-7966 Alikhver Realty , 404-933-7966. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2245 Quarterly

Year Built

1984

County

Bay

Area

03 - Bay County - Beach

Neighborhood

The Summit

Listing ID

791705

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:1
  • Bathrooms:2
  • Full Bathrooms:1
  • 1/2 Bathrooms:1
Appliances:Washer/Dryer Stacked, Electric Range

Exterior Features

Lot Dimensions:0x0
Parking Features:Parking Lot
Principal Interest
$1,673
Taxes
$210
HOA
$2,245

Home Price

$329,900

Loan Details

30 yrs
6.529%

Down Payment

20%
$65,980
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:
$1,673.19

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,673.19 $210.31 $2,245.00 $4,128.50
Yearly $20,078.29 $2,523.74 $26,940.00 $49,542.02
Total $602,348.60 $75,712.05 $808,200.00 $1,486,260.65

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