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Sold for $453,000
    • $453,000

    6505 Thomas Dr #505-505A, Panama City, FL 32408

    2beds
    1,074sqft
    Condominium
    Built in 1984
    -- sqft lot
    $448,900 Zestimate®
    $422/sqft
    $1,825 Estimated rent

    Home value

    $448,900

    $408,000 - $494,000

    $1,825/mo

    Zestimate® history
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    $1,825/mo

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    $1,825/mo

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    $2,939/mo

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    What's special

    TRUE TURNKEY short-term rental condo, beachfront, fully renovated and ready for an investor to take over. RENTAL MACHINE with NET rentals of $73K in 2024 and pacing above that for 2025. We post NET rentals, vs. industry standards to post gross, which include fees and taxes. When including those, gross rentals for this unit were +90K in 2024. Can provide receipts. The unit is almost fully booked through June and bookings could pass along to the buyer. Owner self-manages this unit plus 6 other properties in the area with excellent results all around. Owner can offer property management for the buyer if interested. Selling due to a personal situation that requires cash ASAP. Buyer to verify measurements as needed.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Minerick 888-400-2513,

    HomeCoin.com

    Bought with:

    Melissa A Haworth, SL3481018

    EXP Realty LLC

    Source: CPAR,MLS#: 770166MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 12
    Bedroom
    • Level: First
    • Dimensions: 13.6 x 11
    Kitchen
    • Level: First
    • Dimensions: 11.6 x 8
    Living room
    • Level: First
    • Dimensions: 18 x 12
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
    • Laundry: Stacked
    Features
    • Smart Thermostat
    Interior area
    • Total structure area: 1,074
    • Total interior livable area: 1,074 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: See Remarks
    Lot
    • Features: Paved
    Details
    • Parcel number: 30585649000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No
    • Year built: 1984

    Community & HOA

    Community
    • Features: Community Pool, Short Term Rental Allowed
    • Security: 24 Hour Security
    • Subdivision: The Summerhouse Of P.C. I
    HOA
    • Has HOA: Yes
    • Amenities included: Game Room
    Location
    • Region: Panama City

    Financial & listing details

    • Price per square foot: $422/sqft
    • Annual tax amount: $4,897
    • Date on market: 5/24/2025
    • Cumulative days on market: 332 days

    Price history

    DateEventPrice
    3/10/2026Sold$453,000-6%$422/sqft
    Source: CPAR #770166 Report a problem
    2/6/2026Pending sale$482,000$449/sqft
    Source: CPAR #770166 Report a problem
    8/6/2025Price change$482,000-2.2%$449/sqft
    Source: CPAR #770166 Report a problem
    5/24/2025Listed for sale$493,000$459/sqft
    Source: CPAR #770166 Report a problem
    5/14/2025Contingent$493,000$459/sqft
    Source: CPAR #770166 Report a problem
    5/14/2025Pending sale$493,000$459/sqft
    Source: CPAR #770166 Report a problem
    3/11/2025Listed for sale$493,000$459/sqft
    Source: CPAR #770166 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Lower Grand Lagoon

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $448,900
    2% more
    +$8,978
    With Zillow Showcase(estimated)
    $457,878

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