Summit 209
The rare 2nd floor, no elevator wait, and the portfolio's top earner.
$70,121 in revenue June '25 to May '26: a 20.1% ROI on the asking price! One of the strongest-earning 1-bedrooms at The Summit, this fully renovated, direct-beachfront 1BR/2BA pairs chart-topping income with a feature that is almost impossible to find on the sand: a low, 2nd-floor location. There are no elevator waits - guests simply take the stairs and they are on the beach in seconds. The Gulf and the resort pools sit at near-eye level from the private beachfront balcony, and it is the single most praised detail across years of five-star reviews.
It is also exactly why 209 out-earns Summit units on the floors above it. Beautifully updated throughout, the condo features wood-look plank flooring, a granite kitchen with glass-tile backsplash, stainless appliances and a dishwasher, refreshed bathrooms, and a smart Nest thermostat. A king bedroom, a queen sleeper sofa, a built-in twin-over-twin bunk nook the kids love, and two comfortable recliners let it sleep five. An in-unit washer and dryer plus new sliding glass doors complete a true turnkey package.
The timing could not be better: the new Tootsie's just opened next door in the legendary former Spinnaker Beach Club and it is already packed, pulling fresh nightlife and foot traffic straight to the resort. The Summit offers two Gulf-front pools (one seasonally heated) and two 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 and a loyal base of repeat guests, this condo has a proven track record of success, and nearly 40% 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.
The income is the headline, and the rare 2nd floor is the edge no higher unit can match. Full rent roll available to qualified buyers.
Revenue performance
Guest reviews
Operating KPIs
Booking mix
Share of revenue by channel. Direct includes owner and repeat-guest bookings, where no platform fees apply.
Amenities
In the unit
- Direct-beachfront, fully renovated 1BR/2BA on the rare 2nd floor (no elevator wait; #1 guest-favorite detail)
- Near-eye-level Gulf + resort-pool views from the private beachfront balcony; new sliding glass doors
- King bedroom + queen sleeper sofa + built-in twin-over-twin bunk nook (closable door) + two recliners; sleeps 5
- Wood-look plank flooring throughout; granite kitchen with glass-tile backsplash, stainless appliances and a dishwasher
- Full-size side-by-side refrigerator; in-unit stacked washer/dryer
- Refreshed bathrooms; smart Nest thermostat
- Two flat-screen TVs (living + bedroom)
- Fully furnished and turnkey; established Airbnb + VRBO listings with years of 5-star reviews
At the resort
- Two Gulf-front pools (one seasonally heated)
- Two children's pools
- Two outdoor hot tubs (heated year-round) plus one indoor hot tub/spa
- His-and-hers indoor saunas with showers
- Fitness center
- Tennis and pickleball courts (complimentary with the unit)
- Shuffleboard
- Poolside tiki bar and the on-site Bikini Bob's Bar & Grill
- Game room; on-site ice cream
- Two Tesla/EV destination chargers ($0.25/kWh)
- Landscaped beachfront lawn/green areas; complimentary beach-chair service
- Gated, 24-hour security with direct private beach access
- Open (non-deeded) parking
- The new Tootsie's (in the former Spinnaker Beach Club) is open right next door
Public property record
30236-027-000THE SUMMIT UNIT 209 1BR 1.5B 740 H&C ORB 989 P 1046 PLAN A ORB 4523 P 951