6505 Thomas Drive, Unit 506

Panama City, FL 32408

$850,000
Price
2
Beds
2
Baths
1,400 Sq. Ft.
$607 / Sq. Ft.
1,400
Sq. Ft.
$607
per Sq. Ft.

Description

Rarely available Summerhouse ''WRAP-A-ROUND'' Unit. Owners seldom turn loose of these coveted units. If VIEWS are important to you then there is not a better one to be found up and down the beach. You can find larger, more upscale, newer, units at a better price but you can't find a better view on Panama City Beach. Your view is not obstructed by other buildings or anything else in a Summerhouse Wrap. This is a true unobstructed 180 degree view up and down the beach, not only from the 61-foot balcony...Rarely available Summerhouse ''WRAP-A-ROUND'' Unit. Owners seldom turn loose of these coveted units. If VIEWS are important to you then there is not a better one to be found up and down the beach. You can find larger, more upscale, newer, units at a better price but you can't find a better view on Panama City Beach. Your view is not obstructed by other buildings or anything else in a Summerhouse Wrap. This is a true unobstructed 180 degree view up and down the beach, not only from the 61-foot balcony but from also inside the unit. This large unit has two master suites with two full baths with an oversizeed living area. Summerhouse has a reputation of being a family resort and has guest that have been coming for over 30-years. The unit is nicely furnished and accented. If you are interested in rental income then the WRAP units are the first choice among visitors. With normal owner usage rental income should be in the $50K-$60K plus per year. Owner said that the A/C and appliances have been replaced in the last 4-5 years including a new washer which is still under warranty. Amenities at Summerhouse include two pools, one which is heated, a kiddie pool, hot tub, gulf front gazebo, handicap ramp to the beach along with a beach friendly wheel chair, tennis, pickel ball,rachetball, and shuffleboard courts, BBQ area with commercial gas and charcoal grills, a gulf front owners lounge and meeting area, and onsite HOA and rental offices. The Thomas Dr. location makes it convenient to grocery stores, retail and souvenir stores, area restaurants, and close to most of our areas' fishing, diving, and sightseeing fleets. If you are looking for the best view on Panama City Beach you need to see the view from Wrap-A-Round Unit #706 today.
  1. Listed by Greg B Taylor • Counts Real Estate Group Inc

Property Details for 6505 Thomas Drive, Unit 506

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Gulf, Shoreline Sand, Waterfront
Parking Features
Additional Parking, Other, Paved, Parking Lot
Subdivision Name
Summerhouse Of P.C. 2
View
Gulf
Zoning Description
Resid Multi-Family
View
Yes
LISTING UPDATED: 10/15/2024 11:00 AM

Property Details for 6505 Thomas Drive, Unit 506

StatusActive
MLS #761914
Days on Market56
Taxes$7,005 / year
HOA Fees$1,441 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built1985
CountyBay County

Building Information for 6505 Thomas Drive, Unit 506

Building/Complex6505 Thomas DrFloor5Stories11Residences55Pet Policy-Year Built1985

Property Information for 6505 Thomas Drive, Unit 506

Summary
Location and General Information
  • City: Panama City
  • County Or Parish: Bay
  • Directions: 6505 Thomas Dr. is just about the center point on Thomas Dr. Summerhouse sits between Coral Reef Condos and Princess Condos.
  • Postal Code: 32408
  • Latitude: 30.151717
  • Longitude: -85.76818
  • State Or Province: FL
  • Road Frontage Type: Highway
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 30585-675-021
  • Association Fee: $1,441.00
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Association Management, Cable Tv, Insurance, Legal Accounting, Maintenance Grounds, Other, Pest Control, Recreation Facilities, Sewer, See Remarks, Trash, Water
  • Association: Yes
  • Tax Annual Amount: $7,005.00
  • Tax Legal Description: SUMMERHOUSE OF PANAMA CITY #2 UNIT 506 2BR 2B 1400 H&C ORB 1225 P 172 ORB 2193 P 808 TYPE A ORB 2341 P 2089
  • Tax Year: 2023
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Garage: No
Property
Lot Information
  • Lot Features: Waterfront
  • Lot Size Dimensions: 1 X 1
  • Living Area: 1400.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 1985
  • Public Survey Range: 15W
  • Public Survey Section: 8
  • Human Modified: No
Utilities
  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Water Connected
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Pool Features: Gunite, Gas Heat, In Ground
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fishing, Game Room, Other, Park, Sport Courts, See Remarks, Short Term Rental Allowed, Tennis Courts
  • Construction Materials: Concrete, Stucco
  • Foundation Details: Pillar Post Pier
  • Patio And Porch Features: Balcony
  • Security Features: Fire Alarm, Fire Sprinkler System, Key Card Entry, Smoke Detectors, Security Service
  • Spa Features: Community
Interior Features
  • Entry Level: 5
  • Stories Total: 11
  • Bathrooms Full: 2
  • Bathrooms Total: 2
  • Bedrooms Total: 2
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans, Electric
  • Heating: Yes
  • Heating: Central, Electric
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Range Hood, Washer
  • Interior Features: Breakfast Bar, Elevator, Split Bedrooms
Room Information
Room 1
  • Room Area: 427.0
  • Room Dimensions: 61 x 7
  • Room Length: 61.0
  • Room Level: First
  • Room Width: 7.0
Room 2
  • Room Area: 208.0
  • Room Dimensions: 16 x 13
  • Room Length: 16.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 13.0
Room 3
  • Room Area: 208.0
  • Room Dimensions: 16 x 13
  • Room Length: 16.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 13.0
Room 4
  • Room Area: 340.0
  • Room Dimensions: 20 x 17
  • Room Length: 20.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 17.0
Room 5
  • Room Area: 224.0
  • Room Dimensions: 16 x 14
  • Room Length: 16.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 14.0
Room 6
  • Room Area: 104.0
  • Room Dimensions: 13 x 8
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 8.0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 55
Rental
Rental Information
  • Occupant Type: Vacant

Property History for 6505 Thomas Drive, Unit 506

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 6505 Thomas Drive, Unit 506

Taxable ValueLand-Additions$671,500Total-
Tax Record2023$7,005 ($584 / month)
Home Facts
Beds2Total Finished SqFt1,400 SqFtAbove Grade Finished SqFt1,400 SqFtStories2StyleCondominiumYear Built1985CountyBAYAPN30585-675-021

Schools near 6505 Thomas Drive, Unit 506

This home is within Bay.
Rating
School
Type
Grades
Distance
Patronis Elementary School
Public - K to 5
Surfside Middle School
Public - 6 to 8
J.R. Arnold High School
Public - 9 to 12
A. Gary Walsingham Academy
Public - PK to 3
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 6505 Thomas Drive, Unit 506, Panama City, FL 32408

6505 Thomas Drive, Unit 506 is a condo for sale in Panama City, FL 32408. This property was listed for sale on August 28, 2024 by Counts Real Estate Group Inc, it's currently listed at $850,000. It has been on the market for a total of 56 days and was last sold on October 10, 2002. This listing's school district is Bay. Nearby schools include Patronis Elementary School, Surfside Middle School and J.R. Arnold High School. 6505 Thomas Drive, Unit 506 is a 2-bed, 2-bath, 1,400 sqft condo built in 1985.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Counts Real Estate Group Inc

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.