1 year on rocket

6505 Thomas Dr Unit 510, Panama City Beach, FL, 32408

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
1,015 SqFt
$492/SqFt
Condo

Location

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6505 Thomas Dr Unit 510, Panama City$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAdditional Parking, Guest, Permit Required
Year Built1985
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf, Sandy Shoreline
ViewGulf
MLS #747753
StatusActive

About 6505 Thomas Dr Unit 510

Summerhouse Condo on Panama City Beach is one of the most respected complexes in the area. This beautiful 2-Bedroom, 2-Bath unit is located on the very desirable fifth floor. This will be a favorite for renters as it is not too high or too low. This unit overlooks the beach and pools and offers a sunset view all year long. The owner has furnished and accented this unit very nicely and it is ''suitcase and rental ready'' It is all plank flooring throughout which makes it easy to keep clean. Most rooms in the unit offer beautiful beach views.. The spacious kitchen has had plenty of updating with new granite counters and cabinets replaced along with a beautiful tile back-splash. Both baths have also undergone updating. Guest come back each year and pay special compliments on the beautiful pools and grounds area. One of the pools is kept heated for winter enjoyment. There is a 'toddler pool'' for the little people and a hot tub for the big people. The gulf front gazebo is a great place to spend time outside without overdoing the sun. Other amenities include a gameroom, owners lounge, racket and tennis courts, and Homeowners and onsite rental offices for the guest and owners convenience. The Thomas Dr. area of the beach is very popular because it is four-laned and close to everything our area has to offer. Summerhouse has been making owner and guest memories for many sunsets. Owner will consider paying the rest of 2024 condo fees with an acceptable offer.Come claim your''SUMMERHOUSE SUNSET'' today.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1985
  • Living Area: 1,015 SqFt

Listing Office:

  • Office Name: Counts Real Estate Group Inc

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior: Breakfast Bar, Split Bedrooms

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Additional Parking, Guest, Permit Required

Utilities

Utilities Information:

  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: 6506 Thomas Dr. Summerhouse sits between Coral Reef Condo and Princess Condo.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $492/SqFt

HOA Fees:

  • Amount: $1440
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,818
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$339.2K

Med. Price/SqFt

$201

Avg. Days On Market

79

# of Sold Homes

166

6505 Thomas Dr Unit 510 vs Panama City

438 DAYS ON ROCKET

+359 Days

$499,000

+$159.7K More

$492/SqFt

+$291 More

KEY TAKEAWAY

This property is $159.7K more than the Median Sold Price and $291/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #747753

Listing Office:

  • Office Name: Counts Real Estate Group Inc

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 24, 1997Home Sold
$170,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,818$232,156
2018$2,731$215,050
2017$2,611$204,000

History based on county public records data.

Payment Calculator

$3,998

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1068690
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-1068691
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.28 miles

  • Public District Grades PK-5

school-card-donut-1068692
1
/10

  • St. Andrew School at Oakland Terrace

  • 2010 W 12th St

  • 4.81 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,601. The majority of Panama City, FL residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6505 Thomas Dr Unit 510

What is the listing price of this property?

The listing price of 6505 Thomas Dr Unit 510 property is $499,000.

What type of property is this?

The property 6505 Thomas Dr Unit 510 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6505 Thomas Dr Unit 510 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,818 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 24, 1997 for $170,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6505 Thomas Dr Unit 510 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6505 Thomas Dr Unit 510 is 1,015 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6505 Thomas Dr Unit 510 is 1985.

Rocket Homes›Florida›Bay County›Panama City›32408›6505 Thomas Dr Unit 510

This home is located at 6505 Thomas Dr Unit 510 in Panama City Beach, FL and zip code 32408. This 1,015 square foot home was built in 1985. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 11, 2023 and is currently priced at $499,000.

In November 2024 more than 13 listings in Panama City, FL were sold above the asking price. During the same period more than 33 listings were sold at asking price, while more than 120 were sold below. In November 2024 in Panama City, FL there were 3.9% less homes for sale than in October 2024. In November 2024 median list price was $339,223 and the average listing age was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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