11 months on rocket

6505 Thomas Dr Unit 703, Panama City Beach, FL, 32408

$399,000

Home List Price

$4,738*

Closing Credit

2 Bedrooms
2 Full Baths
1,075 SqFt
$371/SqFt
Condo

Location

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6505 Thomas Dr Unit 703, Panama City$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest, Permit Required
Year Built1984
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontGulf
ViewGulf
MLS #749793
StatusActive

About 6505 Thomas Dr Unit 703

Seller financing available! 20% down, 7.5% interest - This spacious and comfortable condo unit at the Summerhouse resort in Panama City Beach is the perfect second home or vacation rental for you. It has 2 bedrooms with the guest room featuring bunks, 2 bathrooms, a fully equipped kitchen, and a private balcony with stunning views of the Gulf of Mexico. It also comes with high-speed internet, cable TV, and a washer and dryer.The Summerhouse resort offers you a variety of amenities and activities to make your stay enjoyable and memorable. You can relax by one of the three swimming pools, play tennis, beach volleyball, or yard games, or rent beach gear and explore the shore. The resort also hosts exciting events throughout the year.The Summerhouse is conveniently located in the heart of Panama City Beach, close to many attractions and restaurants. You can easily access the Pier Park, the ZooWorld, the Gulf World Marine Park, and the Shipwreck Island Waterpark. You can also sample the local cuisine at the nearby eateries, such as the Saltwater Grill, the Firefly, and the Pineapple Willy's.Don't miss this opportunity to own a piece of paradise in Panama City Beach. Contact us today and make your dream come true!

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1984
  • Living Area: 1,075 SqFt

Listing Office:

  • Office Name: Think Real Estate

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Interior: Recessed Lighting

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf
  • View: Gulf
  • Exterior: Balcony

Parking Information:

  • Parking: Guest, Permit Required

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Going NorthWest on Thomas Drive the condo is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $371/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.

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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 703 vs Panama City

354 DAYS ON ROCKET

+277 Days

$399,000

+$59.5K More

$371/SqFt

+$169 More

KEY TAKEAWAY

This property is $59.5K more than the Median Sold Price and $169/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: #749793

Listing Office:

  • Office Name: Think Real Estate

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: 11/21/2024, 11:20:52 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

Jun 25, 2014Home Sold
$200,000
Jan 06, 1998Home Sold
$161,000
May 07, 1996Home Sold
$137,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,685$217,387
2018$2,731$215,050
2017$2,611$204,000

History based on county public records data.

Payment Calculator

$3,500

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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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-458715
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.31 miles

  • Public District Grades KG-5

school-card-donut-458716
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 4.28 miles

  • Public District Grades PK-5

school-card-donut-458717
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. Most Panama City, FL residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6505 Thomas Dr Unit 703

What is the listing price of this property?

The listing price of 6505 Thomas Dr Unit 703 property is $399,000.

What type of property is this?

The property 6505 Thomas Dr Unit 703 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 6505 Thomas Dr Unit 703 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 $2,685 (source: MLS/based on county public records data).

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

The last sale was on June 25, 2014 for $200,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 6505 Thomas Dr Unit 703 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6505 Thomas Dr Unit 703 is 1,075 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6505 Thomas Dr Unit 703 is 1984.

Rocket Homes›Florida›Bay County›Panama City›32408›6505 Thomas Dr Unit 703

This home is located at 6505 Thomas Dr Unit 703 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 December 04, 2023 and is currently priced at $399,000.

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 inventory of homes for sale in Panama City, FL between September 2024 and October 2024 decreased by 1.7%. Listings spent 77 days on the market in October 2024, and had a median list price of $339,477 during the same period.

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

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