Pending
HotHot
Price CutPrice Drop: $30K (10/23)
Sale Pending at 6505 Thomas Dr #503, Panama City, FL 32408 | MLS# 793140 | Listing updated on 2026-10-23
Photo 1 of Sale Pending at 6505 Thomas Dr #503, Panama City, FL 32408 | MLS# 793140 | Listing updated on 2026-10-23
Photo 2 of Sale Pending at 6505 Thomas Dr #503, Panama City, FL 32408 | MLS# 793140 | Listing updated on 2026-10-23
Photo 3 of Sale Pending at 6505 Thomas Dr #503, Panama City, FL 32408 | MLS# 793140 | Listing updated on 2026-10-23
Photo 4 of Sale Pending at 6505 Thomas Dr #503, Panama City, FL 32408 | MLS# 793140 | Listing updated on 2026-10-23
107+
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Street View

$419,000

Monthly Est:$2,086

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,075sqft

6505 Thomas Dr #503, Panama City, FL 32408

$2,086/moEst:

Get Pre-Approved

  • Condominium

  • Built in 1984

  • $1,212/mo HOA

  • -- sqft lot

  • $390/sq.ft

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACK UP OFFERS. 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 spaciou
s 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.

  • Houzeo last checked: 14 minutes ago
  • Listing updated: October 23, 2026 at 12:58 am
  • Listing Provided by: Sostheim Group (850) 814-4560 | Corcoran Reverie (850) 231-5030
  • Source: Bay/Panama City/Central Panhandle MLS-FL | MLS#: 793140 Bay/Panama City/Central Panhandle MLS-FL

This condo is in:

Property Details

  • Status

    Pending

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Bay County

  • City

    Panama City

  • Neighborhood

    --

  • Year Built

    1984

  • HOA Fees

    $1212/mo

  • Finished Area

    1,075 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Bay/Panama City/Central Panhandle MLS

  • MLS Number

    793140

  • MLS Status

    ActiveUnderContract

  • Days on Market

    101

  • Cumulative Days on Market

    88

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Location

HOA Management

N/A

HOA Fees

$1,212.15/ Monthly

Amenities

Amenities and services may be covered by one or multiple associations and service providers.

Tennis Tennis

Sewer Sewer

Insurance Insurance

Club House Club House

Water Water

Trash Pickup Trash Pickup

Maintenance Maintenance

Beach Beach

Game Room Game Room

Pools Pools

PestControl PestControl

AssociationManagement AssociationManagement

Barbecue Barbecue

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

  • GreatRoom

    Level: First

    Area: 216.00 Square Feet

    Dimensions: 18 x 12

  • Kitchen

    Level: First

    Area: 99.00 Square Feet

    Dimensions: 11 x 9

  • Bedroom

    Level: First

    Area: 156.00 Square Feet

    Dimensions: 13 x 12

  • PrimaryBedroom

    Level: First

    Area: 156.00 Square Feet

    Dimensions: 13 x 12

Interior

  • Appliances

    Electric Range, Electric Water Heater

  • Sewer

    Public Sewer

  • Cooling

    Central Air

  • Flooring

    Plank, Vinyl

  • Interior Features

    Main Level Primary, Tub Shower

  • Heating

    Central, Electric

Construction

  • Year Built

    Year Built: 1984

  • Home type

    Condominium

  • Construction Materials

    Stucco

  • Architectural Style

    High Rise

Utilities & Energy

  • Pool Features

    In Ground, Community

  • Utilities

    Cable Connected, Electricity Available

  • Association Amenities

    Beach Rights, Game Room, Barbecue

  • Parking Features

    Parking Lot

Other Features

  • Community Features

    Barbecue, Beach, Clubhouse, Conference Meeting Room, Fishing, Game Room, Pool, Shopping, Tennis Courts, Waterfront, Community Pool, Short Term Rental Allowed

  • Lot Features

    Paved

  • Disclosures

    Accepting Backup Offers

  • Patio And Porch Features

    Balcony

  • Subdivision Name

    Summerhouse Of P.c. 1

Price History

DateEventPrice

10/23/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #793140

Pending

$419,000

$390/sqft

09/23/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #793140

Price Decreased

$419,000 -6.68%

$390/sqft

07/26/2026

Source: mls_logoBay/Panama City/Central Panhandle MLS-FL #793140

Listed for Sale

$449,000

$418/sqft

Nearby Homes

Based on information from Central Panhandle Association of REALTORS® MLS through Nov 04, 2026, 11:15PM. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 Bay Central Panhandle Association of REALTORS®

Advertising Broker: Moe Mossa (Savvy Avenue) | Savvy Avenue, LLC

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