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$425,000 Just Listed
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Property Description
If you've been searching for a beachfront condo that allows you to enjoy the Panama City Beach lifestyle while helping offset ownership expenses, this second-floor Summer House unit deserves a look. A longtime favorite among vacationers, Summer House has a proven rental history and continues to attract guests year after year thanks to its family-friendly atmosphere, spacious floor plans, and unbeatable Gulf-front location. Situated directly on the sugar-white sands of Panama City Beach, this well-maintained resort offers a rare combination of lower-density living and resort-style amenities, including two Gulf-front pools, a hot tub, kiddie pool, tennis and pickleball courts, racquetball, game room, fitness center, owners' lounge, grilling areas, and direct beach access. Whether you're looking for a vacation getaway, investment property, or a blend of both, this condo offers the opportunity to enjoy your time at the beach while leveraging rental income to help cover expenses. Many investors appreciate the ability to utilize financing and allow rental revenue to contribute toward ownership costs while building long-term equity over time. Wake up to Gulf views, spend your days on the beach, and let this established rental performer work for you when you're not using it. Summer House remains one of Panama City Beach's most beloved resortsand opportunities like this don't come along often.
Full Property Details
Full Property Details for 6505 Thomas Dr #202
General
- Price: $425,000
- Taxes: $3,801 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 790643
- Updated: Today (6/1/2026)
- Added to Site: Today
Interior
- Number of Rooms: 2
- Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Gazebo
- Pool: Yes
- Pool Description: In Ground, Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Security Guard
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Paved, Parking Lot
Location
- County: Bay
- Subdivision: Summerhouse Of P.C. 1
- Driving Directions: From Navy BLVD turn right on Thomas Drive a few miles down summer house will be on your left.
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
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: High Rise
- Sq. Ft. Source: Appraiser
- Year Built: 1985
Lot Features
- Property View: Gulf
- Lot Dimensions: Condo 400 x 700
- Lot Features: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf
- Water Front View: Gulf
Financial Considerations
- Tax Amount: $3,801
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SUMMER HOUSE OF PANAMA CITY I UNIT 202 2BR 2B 1015 H&C ORB 1583 P 275 ORB 2471 P 317
- Property ID: 30585-631-000
Listed by Dalton Wade Inc
Get Pre-Approved Today
Price & Sales History for 6505 Thomas Dr #202
Date
Details
Price
Change
Source
6/01/2026
Listed
$425,000
21.78%
MLS
7/09/2004
Sold
$349,000
—
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 #202
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,761
-17%
$305,958
-23%
2024
$4,527
3%
$395,250
-1%
2023
$4,410
41%
$398,650
55%
2021
$3,124
-11%
$257,125
-19%
2022
$3,509
12%
$318,750
36%
2021
$3,124
23%
$233,750
15%
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 #202
6505 Thomas Drive #202, Panama City, FL 32408 (MLS# 790643) is a Condo property with 2 bedrooms and 2 full bathrooms. 6505 Thomas Drive #202 is currently listed for $425,000 and was received on June 01, 2026. Want to learn more about 6505 Thomas Drive #202? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

