6505 Thomas Drive 706, Panama City, FL 32408

$800,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,470 Status: Sold
Current Price: $850,000 List Date: 3/19/2024 Last Modified: 9/27/2024

Description

Rarely available Summerhouse ”WRAP-A-ROUND” Unit. Owners seldom turn loose of these coveted units. If VIEWS are important to you then there is not a better one to be found up and down the beach. You can find larger, more upscale units but you can’t find a better view on Panama City Beach. Your view is not obstructed by other buildings or anything else in a Summerhouse Wrap. This is a true unobstructed 180 degree view up and down the beach, not only from the 61-foot balcony but from also inside the unit. This large unit has two master suites with two full baths with an oversizeed living area. Summerhouse has a reputation of being a family resort and has guest that have been coming for over 30-years. The unit is nicely furnished and accented. It has been a non-rental family unit for a number of years. If you are interested in rental income then the WRAP units are the first choice among visitors. With normal owner usage rental income should be in the $50K-$60K plus per year. The entire living area, including the extensive balcony is all tiled. Amenities at Summerhouse include two pools, one which is heated, a kiddie pool, hot tub, gulf front gazebo, handicap ramp to the beach, tennis, pickel ball,rachetball, and shuffleboard courts, BBQ area with commercial gas and charcoal grills, a gulf front owners lounge and meeting area, and onsite HOA and rental offices. The Thomas Dr. location makes it convenient to grocery stores, retail and souvenir stores, area restaurants, and close to most of our areas’ fishing, diving, and sightseeing fleets. If you are looking for the best view on Panama City Beach you need to see the view from Wrap-A-Round Unit #706 today.

More Information MLS# 754498

Listing Info, Tax and Legal

HOA Fee: Yes HOA Amount: 1440.08 HOA Frequency: Monthly HOA Annual Amount: 17280.96 New Buyer Fee: Yes Last Taxes: 7005 Last Tax Year: 2023 Brokerage Interest: No Interest Section: 8 Range: 15W Condo Doc: Yes

Contract Info

List Price/SqFt: 578.23 Status: Sold List Date: 2024-03-19 List Price: $850,000 Current Price: $800,000

Location

Unit #: 706 Sub Area: 0323 – Beach – South of Grand Lagoon Community/Resort: None Waterfront: Yes Elementary School: Patronis Middle School: Surfside High School: Arnold Directions: 6505 Thomas Dr. is about the midway point on South Thomas Dr. Summerhouse sits between Coral Reef Condo and The Princess Condo. B-Bldg. is on your left, the East side of complex. Area: 03 – Bay County – Beach Street #: 6505 Street Name: Thomas Street Suffix: Drive State: FL Zip Code: 32408 County: Bay Subdivision: Summerhouse Of P.C. 2 Parcel ID: 30585-675-031 Legal Description: SUMMERHOUSE OF PANAMA CITY #2 UNIT 706 2BR 2B 1400 H&C ORB 978 P 1178 ORB 3454 P 87 TYPE A

General Property Info

Design: High-Rise (8+ floors) Apx SqFt(Htd/Cooled): 1470 Immediate Occupancy: Yes Construction Status: Construction Complete SqFt Source: Builders Plans Lot Dimensions: 1 X 1 Garage Y/N: No Sub-Type: Condominium Bedrooms: 2 Full Baths: 2 Total Baths: 2 Year Built: 1985

Remarks & Misc

Remarks: Rarely available Summerhouse ”WRAP-A-ROUND” Unit. Owners seldom turn loose of these coveted units. If VIEWS are important to you then there is not a better one to be found up and down the beach. You can find larger, more upscale units but you can’t find a better view on Panama City Beach. Your view is not obstructed by other buildings or anything else in a Summerhouse Wrap. This is a true unobstructed 180 degree view up and down the beach, not only from the 61-foot balcony but from also inside the unit. This large unit has two master suites with two full baths with an oversizeed living area. Summerhouse has a reputation of being a family resort and has guest that have been coming for over 30-years. The unit is nicely furnished and accented. It has been a non-rental family unit for a number of years. If you are interested in rental income then the WRAP units are the first choice among visitors. With normal owner usage rental income should be in the $50K-$60K plus per year. The entire living area, including the extensive balcony is all tiled. Amenities at Summerhouse include two pools, one which is heated, a kiddie pool, hot tub, gulf front gazebo, handicap ramp to the beach, tennis, pickel ball,rachetball, and shuffleboard courts, BBQ area with commercial gas and charcoal grills, a gulf front owners lounge and meeting area, and onsite HOA and rental offices. The Thomas Dr. location makes it convenient to grocery stores, retail and souvenir stores, area restaurants, and close to most of our areas’ fishing, diving, and sightseeing fleets. If you are looking for the best view on Panama City Beach you need to see the view from Wrap-A-Round Unit #706 today.

Status Change Info

Sold Price/SqFt: 544.22 Under Contract Date: 2024-03-23 Sold Date: 2024-04-23 Sold Price: $800,000

Balcony

First: 1

Dining Room

First: 1

Pool Features

Gunite Concrete: 1 Heated – Gas: 1 Inground: 1

Appliances

Dishwasher: 1 Disposal: 1 Dryer: 1 Microwave: 1 Oven – Electric: 1 Range – Electric: 1 Range Hood: 1 Washer: 1 Water Heater – Electric: 1

Interior Features

Breakfast Bar: 1 Elevator: 1 Floor – Tile: 1 Split Bedroom: 1 Walls Mirrored: 1 Window – Treatment All: 1

Construction/Siding

Concrete: 1 Foundation – On Piling: 1 Siding – Stucco: 1

Exterior

Balcony: 1

Waterfront Feature

Shore – Beach: 1 Waterfront Feet: 400

Association Fees Include

Accounting: 1 Ground Keeping: 1 Insurance: 1 Legal: 1 Management: 1 Pest Control: 1 Recreational Faclty: 1 Sewer: 1 Trash Disposal: 1 TV Cable: 1 Water: 1 Other – See Remarks: 1

Financing

Cash: 1 Conventional: 1

Furnished

Furnished: 1

Kitchen

First: 1

Living Room

First: 1

Lot Features

Waterfront: 1

Lot Access

State Highway: 1

Parking Features

Guest: 1 Other – See Remarks: 1

Mstr Bath / Mstr Bdrm

MBath Cultured Mrble: 1 MBath Tile: 1 MBed Carpeted: 1

Present Zoning

Resid Multi-Family: 1

Association Amenities

BBQ Pit/Grill: 1 Beach: 1 Community Room: 1 Elevators: 1 Fishing: 1 Game Room: 1 Handball: 1 Pavilion/Gazebo: 1 Picnic Area: 1 Security-24 hour: 1 Tennis: 1 Whirlpool: 1 Other – See Remarks: 1

Rooms

Balcony: 1 Dining Room: 1 Kitchen: 1 Living Room: 1 Master Bedroom: 1

Utilities

TV Cable: 1 Electricity – Connected: 1 Phone – Connected: 1 Public Sewer – Connected: 1 Water Connected: 1

Waterfront Type

Gulf: 1

Master Bedroom

First: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1 Electric: 1

Heating

Central: 1 Electric: 1

Security Features

Fire Alarm: 1 Fire Sprinkler System: 1 Key Card Entry: 1 Smoke Detector(s): 1

Property Features

Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Range – Electric; Range Hood; Washer; Water Heater – Electric Master Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Association Fees Include: Accounting; TV Cable; Insurance; Legal; Ground Keeping; Management; Pest Control; Recreational Faclty; Sewer; Trash Disposal; Water; Other – See Remarks Financing: Cash; Conventional Furnished: Furnished Kitchen: First Living Room: First Lot Features: Waterfront Lot Access: State Highway Balcony: First Dining Room: First Pool Features: Gunite Concrete; Heated – Gas; Inground Security Features: Fire Alarm; Fire Sprinkler System; Key Card Entry; Smoke Detector(s) Parking Features: Guest; Other – See Remarks Association Amenities: BBQ Pit/Grill; Beach; Community Room; Elevators; Fishing; Game Room; Handball; Pavilion/Gazebo; Picnic Area; Security-24 hour; Whirlpool; Tennis; Other – See Remarks Rooms: Balcony; Dining Room; Kitchen; Living Room; Master Bedroom Utilities: TV Cable; Electricity – Connected; Phone – Connected; Public Sewer – Connected; Water Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Present Zoning: Resid Multi-Family

Room Information

Kitchen Level: First Dimensions: 13 x 8 Length: 13.00 Width: 8.00 Dimensions: 13 x 8 Dining Room Level: First Dimensions: 16 x 14 Length: 16.00 Width: 14.00 Dimensions: 16 x 14 Living Room Level: First Dimensions: 20 x 17 Length: 20.00 Width: 17.00 Dimensions: 20 x 17 Master Bedroom Level: First Dimensions: 16 x 13 Length: 16.00 Width: 13.00 Dimensions: 16 x 13 Master Bedroom Level: First Dimensions: 16 x 13 Length: 16.00 Width: 13.00 Dimensions: 16 x 13 Balcony Level: First Dimensions: 61 x 7 Length: 61.00 Width: 7.00 Dimensions: 61 x 7
Listing Office: Counts Real Estate Group Inc
Last Updated: September – 27 – 2024
Information deemed reliable but not guaranteed.