6505 Thomas Drive 706, Panama City, FL 32408 (MLS# 754498)

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

List Price/SqFt: 578.23

Status: Sold

List Date: 2024-03-19

List Price: $850,000

Current Price: $800,000

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

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: 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.

Sold Price/SqFt: 544.22

Under Contract Date: 2024-03-23

Sold Date: 2024-04-23

Sold Price: $800,000

First: 1

First: 1

Gunite Concrete: 1

Heated - Gas: 1

Inground: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Range Hood: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Elevator: 1

Floor - Tile: 1

Split Bedroom: 1

Walls Mirrored: 1

Window - Treatment All: 1

Concrete: 1

Foundation - On Piling: 1

Siding - Stucco: 1

Balcony: 1

Shore - Beach: 1

Waterfront Feet: 400

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

Cash: 1

Conventional: 1

Furnished: 1

First: 1

First: 1

Waterfront: 1

State Highway: 1

Guest: 1

Other - See Remarks: 1

Resid Multi-Family: 1

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

Balcony: 1

Dining Room: 1

Kitchen: 1

Living Room: 1

Primary Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Phone - Connected: 1

Public Sewer - Connected: 1

Water Connected: 1

Gulf: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

Fire Alarm: 1

Fire Sprinkler System: 1

Key Card Entry: 1

Smoke Detector(s): 1