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Wade M. Berlin

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8743 Thomas Drive 518
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PRICED AT ONLY: $350,000

Address: 8743 Thomas Drive 518, Panama City, FL 32408

Description

Unit 518 at The Summit is a prime investment opportunity in one of Panama City Beach's most established Gulf front resorts. This income generating condo offers direct beach access and full resort amenities, including two pools, hot tubs, fitness center, tiki bar, on site market, and 24/7 security features that drive consistent guest demand year round. With a proven rental history, and professional management in place this unit is turn key and ready to continue producing revenue! The Summit's central location on Thomas Drive provides walkable access to restaurants, shops, and family attractions, further enhancing its appeal to vacation renters. Whether you're looking to expand your short term rental portfolio or secure a high yield beach asset with strong appreciation potential, Unit 518 delivers both immediate cash flow and long term upside in the heart of PCB!!! Contact me today!
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  • MLS#: 776840 ( Residential )
  • Street Address: 8743 Thomas Drive 518
  • Viewed: 38
  • Price: $350,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Gulf,ShorelineSand,Waterfront
  • Year Built: 1984
  • Bldg sqft: 0
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 1
  • 1/2 Baths: 1
  • Days On Market: 69
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 740.00
Land Information
  • Lot Features: Waterfront
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: ParkingLot
Eco-Communities
  • Pool Features: InGround, Pool, Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric
  • Road Frontage Type: CityStreet
Amenities
  • Association Amenities: BeachRights, GameRoom, Gated
Finance and Tax Information
  • Home Owners Association Fee Includes: AssociationManagement, CableTv, Insurance, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Pools, Security, Trash, Water
  • Home Owners Association Fee: 2243.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: WasherDryerStacked, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator
  • Furnished: Furnished
  • Interior Features: BreakfastBar
  • Legal Description: THE SUMMIT UNIT 518 PLAN A ORB 989 P 1046 1BR 1.5B 740 H&C ORB 4705 P 991
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30236-132-000
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 518
  • View: Gulf
  • Views: 38
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Contact Info

  1. The Real Estate Professional You Deserve
  2. Mobile: 904.248.9848
  3. phoenixwade@gmail.com
Wade M. Berlin