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$482,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
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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.

Full Property Details for 6505 Thomas 505 Dr #505A

General

  • Price: $482,000
  • Taxes: $4,897 (2024)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 770166
  • Updated: 12/2/2025
  • Added to Site: 239 day(s) ago

Interior

  • Number of Rooms: 4
  • Interior Features: Smart Thermostat
  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
  • Flooring: Luxury Vinyl Plank

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: Stacked

Additional Information

  • Shared Amenities: Game Room
  • Pool: Yes
  • Pool Description: In Ground
  • Security/Safety: 24 Hour Security

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Parking Lot

Location

  • County: Bay
  • Subdivision: The Summerhouse Of P.C. I
  • Driving Directions: Right on Thomas Dr. at 6505, Beachfront building

School Information

  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Central, Electric

Structural Information

  • Sq. Ft. Source: Appraiser
  • Year Built: 1984

Lot Features

  • Property View: Gulf
  • Lot Features: Paved

Water Features

  • Water Front: Yes
  • Water View: Yes

Financial Considerations

  • Tax Amount: $4,897
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: THE SUMMER HOUSE OF P.C. ONE CONDO UNIT 505 2BR 2B 1015 H&C ORB 978 P 1178 . ORB 3979 P 1819
  • Property ID: 30585-649-000

Listed by HomeCoin.com

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— 6505 Thomas 505 Dr #505A —

  • HomeCoin.com

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 6505 Thomas 505 Dr #505A

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.3 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-86.3 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-124.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 6505 Thomas 505 Dr #505A Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/06/2025
Price Reduced
$482,000
-2.23%
MLS
3/11/2025
Listed
$493,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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6505 Thomas 505 Drive #505A, Panama City Beach, FL 32408 (MLS# 770166) is a Condo property with 2 bedrooms and 2 full bathrooms. 6505 Thomas 505 Drive #505A is currently listed for $482,000 and was received on May 24, 2025. Want to learn more about 6505 Thomas 505 Drive #505A? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

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