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$449,000
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Property Description
This gulf-front condo was fully renovated in 2025! It provides a highly-desired, modern, coastal design as a turnkey, vacation rental. This 2 bedroom, 2 bath unit at Summerhouse is a favorite of owners and guests alike. With over $75,000 in renovations, this unit has remarkable upgrades with 20-mil LVP flooring throughout, beautiful tiled showers, marble countertops, new lighting, vanities, water heater and new roof HVAC system. Pair that with new modern, coastal furnishings and you'll see why this gulf-front condo unit rents so well on the desired on the east end of Panama City Beach. This unit is spacious at just under 1,100 square feet, has a beachfront primary suite and offers breathtaking direct Gulf views from your balcony, the pools and the most perfect sunsets. As you enter the unit, you're greeted with a light, bright corridor with wainscoting-clad walls and LVP that flows seamlessly through the unit. Both bathrooms have been completely modernized with stunning vertical tile in green hues that mirror the turquoise waters of the Gulf of America. Ample storage in new vanities and lighting make for a picture-perfect coastal design. The gulf-front primary suite offers incredible views and you'll wake up to the waves every morning from your bed. The guest suite offers multiple bedding options to maximize your rental, as well. The kitchen features a breakfast bar, marble countertops, stainless appliances and white cabinetry. You'll enjoy ample seating with a modern dining set and 4 counter stools at the breakfast bar. Thoughtfully designed with shiplap-clad walls, fun wooden surfboard decor and plenty of seating in the neutral, yet modern, coastal living room. Step out of the living room onto the spacious patio and let the indoor-outdoor experience of Florida we all love soak in. The primary suite offers a king bed where you'll actually get to relax at the beach. In-unit laundry is also a great convenience at the beach. Summerhouse is a top-rated, gulf-front resort in Panama City Beach and guests come back year after year because of the amenities. Summerhouse offers two beachfront pools, including one heated seasonally, a kiddie pool area, hot tub, tennis courts, pickle ball courts, game room with billiards and arcade, owners lounge, gazebo by the beachfront pool and plenty of parking. Step out of your unit and enjoy coffee and the seabreezes in the mornings then head to the beach for a day by the turquoise waters and sugar white sands. Summerhouse is positioned just right on the east end of the beach on Thomas Drive, just minutes from St. Andrews State Park, multiple marinas including dry boat storage, many waterfront dining establishments, local fishing charters, pontoon boat rentals, and shopping. If you're looking for a turn-key, short-term vacation rental and maximizing your income, this is the unit for you! No deferred maintenance, just income in your pocket. Not looking to rent? Owners love Summerhouse, as well, and there are many owners that utilize their condos as second homes and places for their families to getaway to the beach.
Full Property Details
Full Property Details for 6505 Thomas Dr #503
General
- Price: $449,000
- HOA FEE: $1,212/month
- Taxes: $3,649 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 793140
- Updated: 8/6/2026
- Added to Site: 14 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Main Level Primary, Tub Shower
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Beach Rights, Game Room, Barbecue
- Pool: Yes
- Pool Description: In Ground, Community
- Spa Description: Community
- Tennis: Yes
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Parking Lot
Location
- County: Bay
- Subdivision: Summerhouse Of P.C. 1
- Driving Directions: Heading west on Thomas Drive, Summerhouse is on your left just before Ryan Street.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Clubhouse, Insurance, Maintenance Grounds, Maintenance Structure, Pest Control, Pool(s), Sewer, Tennis Courts, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf, Water
- Lot Dimensions: 0 x 0
- Lot Features: Paved
- Zoning: Resort
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Association Fee: $1,212
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,649
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMER HOUSE OF P.C. ONE CONDO UNIT 503 2BR 2B 1015 H&C ORB 981 P 1434
- Property ID: 30585-647-000
Listed by Corcoran Reverie
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Schools
Schools serving 6505 Thomas Dr #503
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.3 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 6.3 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6505 Thomas Dr #503
Date
Details
Price
Change
Source
7/26/2026
Listed
$449,000
42.54%
MLS
7/25/2025
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 6505 Thomas Dr #503
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,360
—
$305,958
-23%
2024
$4,360
2%
$395,250
-1%
2023
$4,257
46%
$398,650
67%
2021
$2,908
-14%
$239,126
-25%
2022
$3,389
17%
$318,750
47%
2021
$2,908
14%
$217,387
7%
2019
$2,548
-7%
$203,553
-5%
2018
$2,732
5%
$215,050
5%
2017
$2,611
—
$204,000
2%
2016
$2,604
1%
$199,750
7%
2015
$2,587
11%
$186,447
10%
2014
$2,336
26%
$169,497
10%
2013
$1,859
—
$154,088
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6505 Thomas Dr #503
6505 Thomas Drive #503, Panama City Beach, FL 32408 (MLS# 793140) is a Condo property with 2 bedrooms and 2 full bathrooms. 6505 Thomas Drive #503 is currently listed for $449,000 and was received on July 26, 2026. Want to learn more about 6505 Thomas Drive #503? 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.

