6505 Thomas Dr #403, Panama City, FL 32408

Description

*** CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS***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''.