# 6505 Thomas Drive #503, Panama City Beach, FL 32408 > **TL;DR:** 2bd/2ba condo, $419,000 ($390/sqft), built 1984, 1,075 sqft. > Waterfront, A/C. Est. $3,453/mo. Listed 73 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $419,000 | | Price/sqft | $390 | | Bedrooms | 2 | | Bathrooms | 2 full | | Square Feet | 1,075 | | Year Built | 1984 | | Stories | 1 | | Property Type | Condo (Condominium) | | Status | Active | | Days on Market | 73 | ## Why This Home Stands Out - **Waterfront** - Waterfront location listed ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,119 | | Estimated Insurance | $122 | | HOA | $1,212 | | **Total** | **$3,453** | ## Nearby Schools - **Elementary:** Patronis - **Middle:** Surfside - **High:** Arnold ## Key Amenities - Waterfront - A/C ## Property Highlights - Built in 1984 - Waterfront ## Description ### Agent 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. ## Location - **Address:** 6505 Thomas Drive #503, Panama City Beach, FL 32408 - **County:** Bay - **Neighborhood:** SUMMER HOUSE OF PANAMA CITY THE 1 CONDO - **Coordinates:** 30.152368, -85.768224 - **Google Maps:** https://www.google.com/maps?q=30.152368,-85.768224 ## Listing Agent - **Name:** Sostheim Group - **Brokerage:** Hilary & Reverie - **Phone:** 8508144560 - **Broker Phone:** (850) 231-2850 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/6505-Thomas-Dr-Unit-503_Panama-City-Beach_FL_32408_M54294-02987?f=listhub&s=ECARMLSFL&m=1008637&c=propsimple) ## Photos ![6505 Thomas Drive #503 - Photo 1](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f406053261r.jpg) ![6505 Thomas Drive #503 - Photo 2](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f2514230868r.jpg) ![6505 Thomas Drive #503 - 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Photo 103](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f701505883r.jpg) ![6505 Thomas Drive #503 - Photo 104](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f3677694544r.jpg) ![6505 Thomas Drive #503 - Photo 105](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f1726714761r.jpg) ![6505 Thomas Drive #503 - Photo 106](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f995492043r.jpg) ![6505 Thomas Drive #503 - Photo 107](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f2697633142r.jpg) ![6505 Thomas Drive #503 - Photo 108](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f3166490001r.jpg) ![6505 Thomas Drive #503 - Photo 109](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f3065398253r.jpg) ![6505 Thomas Drive #503 - Photo 110](http://lh.rdcpix.com/1fde7770aa666158851cab5a4f0ca38fl-f2915852667r.jpg) --- **MLS#:** 1008637 | **Updated:** 2026-09-23 **Source:** listhub *Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/6505-thomas-drive-panama-city-beach-fl-32408-1008637) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/6505-thomas-drive-panama-city-beach-fl-32408-1008637#listing", "url": "https://www.propertysimple.ai/listing/6505-thomas-drive-panama-city-beach-fl-32408-1008637", "name": "6505 Thomas Drive #503, Panama City Beach, FL 32408", "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? 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