FL > Panama City Beach > The Summerhouse Of P.C. I
Panama City Beach, FL 32408,6505 Thomas 505 DR #505A
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Panama City Beach, FL 32408,6505 Thomas 505 DR #505A
Panama City Beach, FL 32408,6505 Thomas 505 DR #505A
Panama City Beach, FL 32408,6505 Thomas 505 DR #505A
Panama City Beach, FL 32408,6505 Thomas 505 DR #505A
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Candi & Brad

Candi & Brad

+1(850) 919-2299
$ 493,000
Est. payment /mo
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Active

6505 Thomas 505 DR #505A Panama City Beach, FL 32408

2 Beds

2 Baths

1,074 SqFt

UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,074 sqft

Price per Sqft $459

Subdivision The Summerhouse Of P.C. I

MLS Listing ID 770166

Bedrooms 2

Full Baths 2

HOA Fees $1,404/mo

HOA Y/N Yes

Year Built 1984

Annual Tax Amount $4,897

Tax Year 2024

Property Sub-Type Condominium

Property Description

TRUE TURNKEY short-term rental condo, beachfront, fully renovated and ready for an investor to take over. RENTAL MACHINE with NET rentals of $73K in 2024 and pacing above that for 2025. We post NET rentals, vs. industry standards to post gross, which include fees and taxes. When including those, gross rentals for this unit were +90K in 2024. Can provide receipts. The unit is almost fully booked through June and bookings could pass along to the buyer. Owner self-manages this unit plus 6 other properties in the area with excellent results all around. Owner can offer property management for the buyer if interested. Selling due to a personal situation that requires cash ASAP. Buyer to verify measurements as needed.

Location

State FL

County Bay

Community Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Elevator, Smart Thermostat

Heating Central, Electric

Cooling Central Air

Furnishings Furnished

Fireplace No

Appliance Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Freezer, Ice Maker, Microwave, Refrigerator, Trash Compactor

Laundry Stacked

Exterior

Exterior Feature Balcony

Parking Features Parking Lot

Pool In Ground

Community Features Short Term Rental Allowed

Amenities Available Game Room

Waterfront Description See Remarks

View Y/N Yes

Water Access Desc See Remarks

View Gulf

Porch Balcony

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

HOA Fee Include Internet,Pool(s),Security,Water

Senior Community No

Tax ID 30585-649-000

Security Features 24 Hour Security

Acceptable Financing Other

Listing Terms Other

Special Listing Condition Listed As-Is

Listed by HomeCoin.com
agent

Candi & Brad

Real Estate Advisors | License ID: SL3434249 & SL3156311

+1(850) 919-2299

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6505 Thomas 505 DR #505A