Priced to Sell! Your Panama City Beach Investment Opportunity Awaits at Top of the Gulf - Unit A516. Seller will pay the HOA dues for the remainder of 2026 with a full asking offer!!
Don't miss this incredible opportunity to own Unit A516 at Top of the Gulf, one of Panama City Beach's most affordable Gulf-front communities! Whether you're searching for a vacation getaway, a proven income-producing investment, or your own beach retreat, this condo offers exceptional value at a price point that's hard to beat.
This well-maintained unit boasts a proven rental history, making it an ideal turnkey investment with immediate income potential. Guests love the unbeatable location on Thomas Drive, placing you just minutes from Panama City Beach's best attractions while enjoying direct beach access and resort-style amenities. The complex features a Gulf-front pool, fitness center, game room, picnic areas, and easy access to the sugar-white sands and emerald waters that make Panama City Beach a premier vacation destination.
Convenience is another major highlight. You'll be just moments from an incredible selection of shopping, restaurants, entertainment, and family attractions. Plus, the exciting new Tootsie's Orchid Lounge is just a short walk away, giving owners and guests easy access to one of the area's newest entertainment hotspots.
Whether you're adding to your investment portfolio or purchasing your first beach property, Unit A516 delivers the perfect combination of affordability, rental performance, and location. At this price, opportunities like this don't stay on the market long. Schedule your private showing today and start living the beach lifestyle while your investment works for you!
For sale
$239,000
8817 S Thomas Dr #A516, Panama City, FL 32408
--beds
489sqft
Condominium
Built in 1976
-- sqft lot
$226,100 Zestimate®
$489/sqft
$525/mo HOA
What's special
Direct beach accessGulf-front poolPicnic areasWell-maintained unit
- 30 days
- 147
- 5
Zillow last checked:
Listing updated:
Listed by:
Scott Suber 850-830-3266,
Beach Haven Realty
Source: CPAR,MLS#: 793482
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Studio
Other
- Level: First
- Dimensions: 25 x 20
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Electric Oven, Electric Water Heater
Features
- Doors: Storm Door(s)
- Windows: Storm Window(s)
Interior area
- Total structure area: 489
- Total interior livable area: 489 sqft
Property
Parking
- Parking features: Additional Parking, Parking Lot
Features
- Pool features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 34994216000
- Zoning description: Resid Multi-Family, Resort
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: Barbecue, Beach, Clubhouse, Game Room, Pool, Waterfront, Community Pool, Short Term Rental Allowed
- Subdivision: Top Of The Gulf Condo.
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Game Room, Barbecue
- Services included: Cable TV, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Trash, Water
- HOA fee: $525 monthly
Location
- Region: Panama City
Financial & listing details
- Price per square foot: $489/sqft
- Date on market: 8/3/2026
Estimated market value
$226,100
$215,000 - $237,000
$1,395/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $239,000-11.5%$489/sqft |
Source: | ||
| 1/3/2023 | Listing removed | -- |
Source: | ||
| 12/29/2022 | Price change | $269,999+3.8%$552/sqft |
Source: | ||
| 11/3/2022 | Price change | $259,999-3.7%$532/sqft |
Source: | ||
| 9/30/2022 | Listed for sale | $269,999+203.4%$552/sqft |
Source: | ||
| 2/5/2018 | Sold | $89,000$182/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32408
Nearby schools
Schools provided by the listing agent
- Elementary: Breakfast Point
- Middle: Breakfast Point
- High: Arnold
Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







