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Harrison Lilly Team

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

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8743 Thomas Dr Unit 622 , Panama City, FL 32408
$284,000
Est. Payment: $1,569.06/mo
1 Bed
2 Bath
740 Sqft
Status: Active Under Contract | Days on site: 121
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BKWR - B1236,B10674
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Harrison Lilly Team
Owner/Operator

House Description

UNDER CONTRACT WITH CONTINGENCIES; SELLER ACCEPTING BACKUP OFFERS. GREAT VIEWS OF THE GULF from the 6th floor. Gulf-Front Living at The Summit - Prime Panama City Beach Location. Tremendous rental income! This condo is one of the highest rental income condos in Summit. Located in the highly desirable, gated community of The Summit Condominium, this Gulf-front condo offers the perfect blend of comfort, convenience, and resort-style amenities. Ideally situated near St. Andrews State Park, marinas, dining, shopping, and local entertainment, this central location makes it an excellent choice for both personal use and investment. Community Highlights: Direct beach access to sugar-white sands Poolside Tiki Bar overlooking the Gulf 2 large swimming pools (one seasonally heated) 2 kiddie pools 2 outdoor hot tubs + 1 indoor hot tub Dry saunas On-site market & Bikini Bob's grill Fitness center Shuffleboard, tennis & pickleball courts Unwind on your private balcony and take in stunning Gulf views, soft white sand beaches, and unforgettable sunset skies--your perfect coastal escape.

Highlights

Listed by Mike S Herring , 850-321-0917 Keller Williams Realty Emerald , 850-654-2900. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2173 Quarterly

Year Built

1984

County

Bay

Area

03 - Bay County - Beach

Neighborhood

The Summit

Listing ID

788652

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:1
  • ▪ 1/2 Bathrooms:1
Appliances:Electric Cooktop, Electric Water Heater
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Other:
  • ▪ Additional:Main Level Primary, Shower Only

Exterior Features

Lot:Paved
Lot Dimensions:0x0
Zoning:Resid Multi-Family
Others:
  • ▪ Additional:Barbecue
Sewer:Public Sewer
Parking Features:Additional Parking,Gated
Principal Interest
$1,569
Taxes
$280
HOA
$2,173

Home Price

$284,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$56,800
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:
$1,569.06

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,569.06 $279.75 $2,173.00 $4,021.81
Yearly $18,828.71 $3,357.00 $26,076.00 $48,261.71
Total $564,861.27 $100,710.00 $782,280.00 $1,447,851.27

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, 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: 2026-10-07T05:07:46.000Z

© 2026 Bay County Association of REALTORS