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: $800,000 List Date: 3/19/2024 Last Modified: 9/27/2024

Overview

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 e

Listing Details MLS# 754498

Contract Info

List Price/SqFt
578.23

Location

Area
03 – Bay County – Beach
Street #
6505
Street Name
Thomas
Street Suffix
Drive
Unit #
706
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Summerhouse Of P.C. 2
Community/Resort
None
Waterfront
Yes
Parcel ID
30585-675-031
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.
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

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

Status Change Info

Under Contract Date
2024-03-23
Sold Date
2024-04-23
Sold Price/SqFt
544.22

Waterfront Feature

Waterfront Feet
400
Shore – Beach
Yes

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

More Information

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.

Balcony

First
Yes

Dining Room

First
Yes

Pool Features

Gunite Concrete
Yes
Heated – Gas
Yes
Inground
Yes

Appliances

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

Interior Features

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

Construction/Siding

Concrete
Yes
Foundation – On Piling
Yes
Siding – Stucco
Yes

Exterior

Balcony
Yes

Association Fees Include

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

Financing

Cash
Yes
Conventional
Yes

Furnished

Furnished
Yes

Kitchen

First
Yes

Living Room

First
Yes

Lot Features

Waterfront
Yes

Lot Access

State Highway
Yes

Parking Features

Guest
Yes
Other – See Remarks
Yes

Mstr Bath / Mstr Bdrm

MBath Cultured Mrble
Yes
MBath Tile
Yes
MBed Carpeted
Yes

Present Zoning

Resid Multi-Family
Yes

Association Amenities

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

Rooms

Balcony
Yes
Dining Room
Yes
Kitchen
Yes
Living Room
Yes
Master Bedroom
Yes

Utilities

TV Cable
Yes
Electricity – Connected
Yes
Phone – Connected
Yes
Public Sewer – Connected
Yes
Water Connected
Yes

Waterfront Type

Gulf
Yes

Master Bedroom

First
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Security Features

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

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

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