About This Home

This 2-bedroom, 2-bathroom condo at 6505 Thomas Drive #403 in Panama City, FL is listed for $384,000 ($357 per sqft). Built in 1984, the home offers 1,075 sqft of living space on a N/A lot.

Key Features

  • Built in 1984
  • Waterfront

Property Details

2 full
#403
1984

Amenities

WaterfrontViewA/C
Listing 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.

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''.

Monthly Cost Estimate

$3,266/mo

20% down · 6.5% · 30 years

Principal$278
Interest$1,664
Insurance$112
HOA$1,212

Estimates only. Actual payments may vary.

Location

6505 Thomas Drive #403

Panama City, FL 32408

Summerhouse Of P.C. 1

Features & Amenities

Interior Features

BalconyMainLevelPrimaryTubShower

Property Details

Construction

Concrete Stucco

Views

Water

Parking

Parking Lot

Heating

CentralElectric (Heating)

Cooling

Central AirCeiling Fan(s)

Appliances

ElectricOvenElectricRangeElectricWaterHeater

Questions & Answers

This 2-bedroom, 2-bathroom condo at 6505 Thomas Drive is listed at $384,000 ($357/sqft). The estimated monthly payment is $3,266 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1212/month.

Key features include: Built in 1984, Waterfront. Interior Features: Balcony, MainLevelPrimary, TubShower.

This property is listed by Greg B Taylor and can be reached at 8508964173.

GT

Greg B Taylor

License 202166

Agent at Counts Real Estate Group Inc

(850) 896-4173

Listed by Counts Real Estate Group Inc · Broker phone: (850) 249-3615 · View on Broker Site

MLS# 795339· Source: Central Panhandle Association of REALTORS· 4 days on PropertySimple

Copyright © 2026 Central Panhandle 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.

6505 Thomas Drive #403, Panama City, FL 32408

Open this listing in: