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$384,000
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Property Description
2BR/2BA Gulf-front condo at Summerhouse in Panama City Beach. Furnished, updated, short-term rental eligible with a 120 sq ft balcony. Unit 403 offers 1,015 sq ft of Gulf-front living with direct Gulf views and the flexibility to use the property as a primary residence, second home, or rental property. Built in 1984 and located at 6505 Thomas Drive, this furnished condominium combines beachfront ownership with established community amenities and short-term rental eligibility. Inside, tile flooring provides a practical foundation for beachside living, while large sliding glass doors bring natural light and Gulf views into the living area and open directly to the balcony. The primary bedroom is positioned Gulf-front, offering waterfront views from the bedroom. A split-bedroom layout separates the second bedroom and bath from the primary suite, and a laundry closet with stackable washer and dryer adds everyday convenience. The unit is being sold furnished and has been updated from top to bottom. Summerhouse provides approximately 400 feet of beach frontage along the Gulf of Mexico. Community amenities include two beachfront pools, including one heated seasonally, a kiddie pool, spa/hot tub, tennis courts, game room, community room, Gulf-front gazebo and pavilion areas, grills, elevators, security, and onsite association and rental management. Short-term rentals are allowed, giving buyers flexibility when considering personal use and rental potential. The current owner self-manages the unit and reports more than $50,000 in annual rental income, with an established guest list the owner is willing to share at closing. Past rental performance is not a guarantee of future results, and buyers should independently evaluate rental history, expenses, management options, and applicable association requirements. Monthly HOA dues are $1,212.15 and include accounting, cable TV, association insurance, internet, legal services, grounds maintenance, management, pest control, security, sewer, trash disposal, and water. Positioned on Thomas Drive near St. Andrews State Park and Grand Lagoon, Summerhouse offers direct beach access along with convenient proximity to boating, fishing, dining, and shopping. For buyers comparing furnished, Gulf-front Panama City Beach condos with short-term rental eligibility, Unit 403 brings together direct waterfront placement, an updated furnished interior, established amenities, and documented rental history. HWH just replaced September 2026. SPECIAL NOTE: INTERIOR PHOTOS AND REMARKS WILL BE UPDATED AS SOON AS RENTERS CHECK OUT. THIS UNIT HAS BEEN TOTALLY UPDATED FROM TOP TO BOTTOM. THIS UNIT IS SELF-MANAGED BY THE OWNER AND PRODUCES OVER $50,000 IN RENTAL INCOME EACH YEAR. OWNER IS WILLING TO SHARE HIS ESTABLISHED GUEST LIST AT CLOSING Make this unit ''Your Summerhouse''.
Full Property Details
Full Property Details for 6505 Thomas Dr #403
General
- Price: $384,000
- HOA FEE: $1,212/month
- Taxes: $3,801 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 795339
- Updated: 9/29/2026
- Added to Site: 27 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Balcony, Main Level Primary, Tub Shower
- Appliances: Electric Oven, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Other, See Remarks, Gazebo
- Pool: Yes
- Pool Description: Gunite, Gas Heat, In Ground, Community
- Spa Description: Community
- Tennis: Yes
- Security/Safety: Fire Sprinkler System, Key Card Entry, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Additional Parking, Paved, Parking Lot
Location
- County: Bay
- Subdivision: Summerhouse Of P.C. 1
- Driving Directions: 6505 Thomas Dr. about midway down Thomas Dr. Summrhouse sits between the Princess Condo and Coral Reef Condo.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
- Assoc. Fees Include: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Security, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: High Rise
- Construction: Concrete, Stucco
- Elevator: Yes
- Stories/Levels: 11
- Sq. Ft. Source: Appraiser
- Year Built: 1984
- Other Struct. Feat.: Dumpster
Additional Structures
- Other Structures: Gazebo, Tennis Court(s)
Lot Features
- Property View: Gulf, Water
- Lot Dimensions: 400 x 700
- Lot Features: Paved
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand, Shoreline - Natural
- Water Front View: Gulf, Shoreline - Sand, Shoreline - Natural
Financial Considerations
- Association Fee: $1,212
- Assoc Fee Freq.: Monthly
- Tax Amount: $3,801.4
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: THE SUMMER HOUSE OF P.C. ONE CONDO UNIT 403 2BR 2B 1015 H&C ORB 978 P 1178 ORB 3422 P 2243
- Property ID: 30585-642-000
Listed by Counts Real Estate Group Inc
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Price & Sales History for 6505 Thomas Dr #403
Date
Details
Price
Change
Source
9/12/2026
Listed
$384,000
—
MLS
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 #403
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
—
$199,750
5%
2015
$2,608
11%
$189,861
10%
2014
$2,356
26%
$172,601
10%
2013
$1,872
—
$156,910
—
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 #403
6505 Thomas Drive #403, Panama City, FL 32408 (MLS# 795339) is a Condo property with 2 bedrooms and 2 full bathrooms. 6505 Thomas Drive #403 is currently listed for $384,000 and was received on September 12, 2026. Want to learn more about 6505 Thomas Drive #403? 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.

