$760,000
$15K PRICE DROP

Princess 6415 Thomas Dr Unit 1501 Panama City, FL 32408

Estimated payment $5,805/month

Total Views 2,551
2 Beds
2 Baths
1,595 Sq Ft
$476 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated Indoor Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Electric Gate

About This Home

Discover coastal living at its finest in this stunning 2-bedroom, 2-bathroom condo at the prestigious Princess Condominium, located at 6415 Thomas Drive, Unit 1501, Panama City Beach, Florida. Perfectly positioned along the pristine shores of the Gulf of Mexico, this 15th-floor unit offers breathtaking ocean views and modern comforts for an ideal beachfront retreat. This 1,595 sq. ft. condo features an open living area with floor-to-ceiling windows, showcasing panoramic Gulf views and vibrant sunsets.Step out to your expansive 300 sq ft balcony to enjoy morning coffee or evening cocktails with the soothing sound of waves that you can access from the master bedroom or the living room. Modern Kitchen: Fully equipped with stainless steel appliances, granite countertops, and a breakfast bar, perfect for entertaining or preparing meals.Master Suite: Retreat to the spacious master bedroom with a private en-suite bathroom, featuring a soaking tub, separate shower, and dual vanities.Second Bedroom: Generously sized with easy access to the second full bathroom, ideal for guests or family.Step out to your expansive balcony to enjoy morning coffee or evening cocktails with the soothing sound of waves.For a move-in-ready experience, situated directly on the sugar-white sands of Panama City Beach, with private beach access and resort-style amenities, including 3 Gulf-front pools, one indoor heated pool. hot tub, tennis courts, shuffle board, basketball, volley ball, gym/fitness center, arcade/game room, beach chair service & water sports.Proven Rental Income: Princess Rental Management located on site. A turnkey vacation rental with a strong rental history, perfect for investors seeking consistent returns in a high-demand market.MORE PICTURES TO COME

Listing Agent

Tracey Carico

Home Town Realty Partners LLC License #3358051 Listed on: 07/07/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,232

Year Built

  • Built in 2001

Lot Details

  • Property fronts gulf or ocean
  • Security Fence

HOA Fees

  • $1,153 Monthly HOA Fees

Home Design

  • Entry on the 15th floor
  • Metal Roof
  • Stucco

Interior Spaces

  • 1,595 Sq Ft Home
  • Wet Bar
  • Furnished
  • Bar Fridge
  • Crown Molding
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Closed Circuit Camera

Parking

  • Electric Gate
  • Parking Lot

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool
  • Spa
  • Gunite Pool
  • Outdoor Shower

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, fitness facility, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, tennis courts, trash, water
  • 77 Units
  • High-Rise Condominium
  • Princess Condo Subdivision
  • 16-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Game Room
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Community Basketball Court
  • Community Pool

Security

  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,232

Year Built

Built in 2001

Lot Details

0

HOA Fees

$1,153 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Condominium
  • Lot Size: 20.25x19.47
  • Road Frontage Type: City Street
  • Subdivision Name: Princess Condo
  • Architectural Style: High Rise
  • Entry Level: 15
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Bar Fridge, Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Washer
  • Interior Amenities: Wet Bar, Breakfast Bar, Crown Molding, Elevator, Pantry, Recessed Lighting, Window Treatments
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1595.0
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Stories: 16

Exterior Features

  • Pool Features: Gunite, Gas Heat, Indoor, In Ground, Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Block, Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Outdoor Shower
  • Patio And Porch Features: Balcony
  • Roof: Metal

Garage/Parking

  • Parking Features: Electric Gate, Gated, Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected, High Speed Internet Available, Trash Collection
  • Security Features: Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Gated Community, Smoke Detector(s), Security Fence, Security Gate
  • Cooling: Central Air
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Lift Station, Public Sewer

Condo/Co-op/Association

  • Association Fee: 1153.0
  • Community Features: Barbecue, Basketball Court, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Pickleball, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated, Pool
  • Amenities: Beach Rights, Game Room, Gated, Gazebo, Barbecue
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resort

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 77

Tax Info

  • Tax Annual Amount: 7232.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Princess

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,657 $568,108 -- --
2023 $6,657 $545,700 $0 $545,700
2022 $5,890 $469,511 $0 $0
2021 $5,173 $426,828 $0 $0
2020 $4,981 $425,000 $0 $425,000
2019 $4,169 $335,112 $0 $335,112
2018 $4,455 $352,750 $0 $0
2017 $4,580 $350,625 $0 $0
2016 $4,132 $318,750 $0 $0
2015 $4,337 $303,875 $0 $0
2014 $3,681 $276,250 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $760,000 -1.9% $476 / Sq Ft
07/07/2025 07/07/25 For Sale $775,000 -- $486 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 Diamond Title Agency Inc
Warranty Deed $450,000 Diamond Title Agency Inc
Warranty Deed $398,000 Lawyers Title Agency N Fl In
Corporate Deed $350,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $200,000 Purchase Money Mortgage
Previous Owner $332,800 Balloon
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 775992

Central Panhandle Association of REALTORS®

APN: 30580-162-000

Florida Bay County Panama City 32408

6415 Thomas Dr Unit 1501, Panama City, FL

This home is located at 6415 Thomas Dr Unit 1501, Panama City, FL 32408 and is currently priced at $760,000, approximately $476 per square foot. This property was built in 2001. 6415 Thomas Dr Unit 1501 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® 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.

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Listing Agent
Tracey Carico
Section Image
Home Town Realty Partners LLC
(448) 217-3157