6505 Thomas Dr Unit 603, Panama City Beach, FL, 32408

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6505 Thomas Dr Unit 603, Panama City$345,000

Buyer Closing Credits

$4,097^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

Year Built1984

CoolingCentral Air

WaterfrontGulf, Sandy Shoreline

ViewGulf

MLS #952457

StatusActive

About 6505 Thomas Dr Unit 603

Summerhouse 603 is located in the Grand Lagoon area of Panama City Beach. The complex consists of 3 buildings with abundant parking. The grounds are well maintained and creates a tropical oasis around the two pools with large beach front gazebo. This unit is located on the sixth floor in the middle building providing an outstanding direct view. Its high enough to not have the view blocked by any palm trees or have pool noise. Inside you will find it has been nicely updated with no carpet. Short term rentals are allowed and there is an onsite rental office as an option for management

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Property Details

Property Features

Property Information:

• Architectural Style: N/A
• Year Built: 1984
• Living Area: 1,075 SqFt

Listing Office:

• Office Name: Emerald Coastal Inc
• Office Email: maria1@knology.net
• Listing Agent: Benjamin W Alexander

Interior Features

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: Gulf, Sandy Shoreline
• View: Gulf
• Exterior: Balcony, Cabana, Fenced Back Yard, Pavillion/Gazebo, Pool - Heated

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Utilities

Utilities Information:

• Cooling: Central Air

Other

Directions Information:

• Directions: Thomas Drive to Summerhouse

Price Information

Listing Price Info

Price Summary:

• List Price: $345,000
• Price Per SqFt: $321/SqFt

HOA Fees:

• Amount: $1441
• Frequency: Monthly

Tax Information:

• Annual Amount: $2,685
• Tax Year: 2020

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Housing Market Comparison

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

Panama City, FL

City

Med. Sold Price

$339.4K

Med. Price/SqFt

$201

Avg. Days On Market

77

# of Sold Homes

194

6505 Thomas Dr Unit 603 vs Panama City

160 DAYS ON ROCKET

+83 Days

$345,000

+$5.5K More

$321/SqFt

+$119 More

KEY TAKEAWAY

This property is $5.5K more than the Median Sold Price and $119/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: Emerald Coast Association of REALTORS®
• MLS Number: #952457

Listing Office:

• Office Name: Emerald Coastal Inc
• Office Email: maria1@knology.net
• Listing Agent: Benjamin W Alexander

Information Deemed Reliable but not guaranteed. The information being provided is 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. 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: 11/22/2024, 12:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Mar 24, 2021	Mar 24, 2021Home Sold	$310,000
Dec 02, 2004	Dec 02, 2004Home Sold	$455,000
May 24, 2004	May 24, 2004Home Sold	$340,000
Aug 08, 2001	Aug 08, 2001Home Sold	$213,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$2,685	$217,387
2018	$2,731	$215,050
2017	$2,611	$204,000

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Bay County›Panama City›32408›6505 Thomas Dr Unit 603

This home is located at 6505 Thomas Dr Unit 603 in Panama City Beach, FL and zip code 32408. This 1,075 square foot home was built in 1984. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 15, 2024 and is currently priced at $345,000.

In October 2024 more than 16 listings in Panama City, FL were sold above the asking price. During the same period more than 40 listings were sold at asking price, while more than 138 were sold below. The number of listings in Panama City, FL decreased by 1.7% between September 2024 and October 2024. In October 2024 median list price was $339,477 and the average listing age was 77 days.

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