6505 Thomas DR #506 Active

Panama City,FL 32408

$ 850000

2 Beds

2 Baths

1400 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,400 sqft

Price per Sqft $607

Subdivision Summerhouse Of P.C. 2

MLS Listing ID 761914

Style High Rise

Bedrooms 2

Full Baths 2

HOA Fees $1,441/mo

HOA Y/N Yes

Year Built 1985

Annual Tax Amount $7,005

Tax Year 2023

Property 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, newer, units at a better price 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. 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. Owner said that the A/C and appliances have been replaced in the last 4-5 years including a new washer which is still under warranty. Amenities at Summerhouse include two pools, one which is heated, a kiddie pool, hot tub, gulf front gazebo, handicap ramp to the beach along with a beach friendly wheel chair, 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.

Location

State FL

County Bay

Community Barbecue,Beach,Clubhouse,Elevator,Fishing,Game Room,Other,Park,See Remarks,Short Term Rental Allowed,Tennis Court(S)

Area 03 - Bay County - Beach

Interior

Interior Features Breakfast Bar,Elevator,Split Bedrooms

Heating Central,Electric

Cooling Central Air,Ceiling Fan(s),Electric

Furnishings Furnished

Fireplace No

Appliance Dryer,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Disposal,Microwave,Range Hood,Washer

Exterior

Exterior Feature Balcony

Garage Additional Parking,Other,Paved,Parking Lot

Pool Gunite,Gas Heat,In Ground

Community Features Barbecue,Beach,Clubhouse,Elevator,Fishing,Game Room,Other,Park,See Remarks,Short Term Rental Allowed,Tennis Court(s)

Utilities Available Cable Connected,Electricity Connected,Phone Connected,Water Connected

Waterfront Yes

Waterfront Description Gulf,Shoreline - Sand,Waterfront

View Y/N Yes

Water Access Desc Gulf,Shoreline - Sand,Waterfront

View Gulf

Porch Balcony

Building

Lot Description Waterfront

Story 11

Foundation Pillar/Post/Pier

Architectural Style High Rise

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

HOA Fee Include Association Management,Cable TV,Insurance,Legal/Accounting,Maintenance Grounds,Other,Pest Control,Recreation Facilities,Sewer,See Remarks,Trash,Water

Tax ID 30585-675-021

Security Features Fire Alarm,Fire Sprinkler System,Key Card Entry,Smoke Detector(s),Security Service

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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