$339,900
$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.
1
Beds
⋅
2
Baths
⋅
791705
MLS
8743 Thomas Drive Unit 810, Panama City Beach
Listing courtesy of Alikhver Realty.
