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Sold for $800,000
  • $800,000

    6505 Thomas Dr Unit 706, Panama City Beach, FL 32408

    2beds
    1,470sqft
    Condominium
    Built in 1985
    -- sqft lot
    $691,800 Zestimate®
    $544/sqft
    $2,595 Estimated rent

    Home value

    $691,800

    $636,000 - $747,000

    $2,595/mo

    Zestimate® history
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    What's special

    Commercial gasHot tubGrocery storesPanama city beachArea restaurantsExtensive 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 units 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. It has been a non-rental family unit for a number of years. 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. The entire living area, including the extensive balcony is all tiled. Amenities at Summerhouse include two pools, one which is heated, a kiddie pool, hot tub, gulf front gazebo, handicap ramp to the beach, 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Greg B Taylor 850-896-4173,

    Counts Real Estate Group Inc

    Bought with:

    Greg B Taylor, 202166

    Counts Real Estate Group Inc

    Source: CPAR,MLS#: 754498MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Dining Room, Kitchen, Living Room, Primary Bedroom, Other
    Primary bedroom
    • Level: First
    • Dimensions: 16 x 13
    Primary bedroom
    • Level: First
    • Dimensions: 16 x 13
    Other
    • Level: First
    • Dimensions: 61 x 7
    Dining room
    • Level: First
    • Dimensions: 16 x 14
    Kitchen
    • Level: First
    • Dimensions: 13 x 8
    Living room
    • Level: First
    • Dimensions: 20 x 17
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range, Electric Water Heater
    Interior area
    • Total structure area: 1,470
    • Total interior livable area: 1,470 sqft

    Property

    Features
    • Patio & porch: Balcony
    • Pool features: Gunite, Gas Heat, In Ground
    • Spa features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf, Shoreline - Sand
    • Frontage length: 400
    Lot
    • Size: 1 Square Feet
    • Dimensions: 1 x 1
    Details
    • Parcel number: 30585675031
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    Condition
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, Phone Connected, Water Connected

    Community & HOA

    Community
    • Features: Barbecue, Beach, Clubhouse, Elevator, Fishing, Game Room, Park, Sport Court(s), Tennis Court(s), Short Term Rental Allowed
    • Security: Fire Sprinkler System, Key Card Entry, Fire Alarm, Smoke Detector(s), Security Service
    • Subdivision: Summerhouse Of P.C. 2
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Gazebo
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $544/sqft
    • Tax assessed value: $519,000
    • Annual tax amount: $7,005
    • Date on market: 3/19/2024
    • Cumulative days on market: 4 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    4/23/2024Sold$800,000-5.9%$544/sqft
    Source: CPAR #754498 Report a problem
    3/23/2024Pending sale$850,000$578/sqft
    Source: CPAR #754498 Report a problem
    3/19/2024Listed for sale$850,000+213.7%$578/sqft
    Source: CPAR #754498 Report a problem
    3/29/2010Sold$271,000-58.3%$184/sqft
    Source: Public Record Report a problem
    5/5/2005Sold$650,000$442/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,386 -8.8%$514,445 +10%
    2023$7,005 +29.1%$467,677 +10%
    2022$5,425 $425,161
    2021-- --
    2020$4,342 +1%$351,373 +4.5%
    2019$4,300 $336,243 +10%
    2018$4,300 +0.3%$305,675 +10%
    2017$4,289 +6.4%$277,886 +10%
    2016$4,032 +28.8%$252,624 +10%
    2015$3,131 $229,658 +10%
    2014$3,131 $208,780 +10%
    2013-- $189,800
    2012-- $189,800 -17.6%
    2011-- $230,350 -14.2%
    2010-- $268,466 -23%
    2009-- $348,657 0%
    2008-- $348,658 -28.7%
    2007-- $489,001
    2006-- $489,001
    2005-- $489,001 +39.7%
    2004-- $350,001
    2003-- $350,001 +65.1%
    2002-- $212,000
    2001-- $212,000
    2000-- $212,000
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    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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    $691,800
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    With Zillow Showcase(estimated)
    $705,636