$495,000

The Summerhouse Condo 6505 Thomas Dr Unit 209 Panama City, FL 32408

Estimated payment $4,537/month

Total Views 509
2 Beds
2 Baths
1,015 Sq Ft
$488 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • Fishing

About This Home

Wake up to breathtaking views of the Gulf in this beautifully remodeled 2-bedroom, 2-bathroom condo located on the second floor--no elevators required! Step inside and discover a stylish open-concept layout with modern finishes throughout, perfect for relaxing after a day on the beach.The spacious living area flows seamlessly to a private balcony where you can sip your morning coffee while watching the waves roll in. The kitchen features sleek updates, making it easy to prepare meals and entertain. Both bedrooms are generously sized, offering comfort for family, guests, or vacation rental potential.This property is a turnkey vacation rental with proven rental history, making it not only a dream getaway but also a smart investment.Located directly on the sand, this condo offers the ultimate beachfront lifestyle--walk right out to the shore and soak up the sun, or enjoy the panoramic water views from your own retreat.Whether you're seeking a personal beach escape, a second home, or a high-performing rental property, this condo checks all the boxes.

Listing Agent

Whitney Stevens

Corcoran Reverie Listed on: 08/19/2025

Corcoran Reverie

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,229

Year Built

  • Built in 1985

Lot Details

  • Property fronts a county road

HOA Fees

  • $1,404 Monthly HOA Fees

Parking

  • Additional Parking

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,015 Sq Ft Home
  • Furnished
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Tile Flooring
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include clubhouse, fishing rights, pool(s), recreation facilities, security, tennis courts, trash
  • High-Rise Condominium
  • Summerhouse Condo. Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Beach
  • Community Spa
  • Fishing

Security

  • Security Service
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,229

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,404 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Summerhouse Condo.
  • Architectural Style: High Rise
  • Entry Level: 2
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave
  • Interior Amenities: Breakfast Bar, Crown Molding, Split Bedrooms, Window Treatments
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Living Area: 1015.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: Gunite, Gas Heat, In Ground, Pool, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Additional Parking
  • Garage: No

Utilities

  • Utilities: Cable Connected
  • Security Features: Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Electric
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 1404.0
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fishing, Game Room, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
  • Amenities: Beach Rights, Game Room, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Fishing Rights, Pool(s), Recreation Facilities, Security, Tennis Courts, Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 5229.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $5,024 $422,238 -- $422,238
2023 $5,024 $398,650 $0 $398,650
2022 $3,727 $318,750 $0 $318,750
2021 $3,075 $247,200 $0 $0
2020 $2,818 $232,156 $0 $232,156
2019 $2,557 $204,297 $0 $204,297
2018 $2,732 $215,050 $0 $0
2017 $2,611 $204,000 $0 $0
2016 $2,604 $199,750 $0 $0
2015 $2,608 $189,861 $0 $0
2014 $2,356 $172,601 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 For Sale $495,000 0.0% $488 / Sq Ft
10/13/2022 10/13/22 Off Market $495,000 -- --
07/14/2022 07/14/22 Sold $495,000 +13.8% $488 / Sq Ft
07/05/2022 07/05/22 Off Market $435,000 -- --
07/03/2022 07/03/22 Pending -- -- --
06/20/2022 06/20/22 Off Market $175,100 -- --
06/16/2022 06/16/22 For Sale $539,000 +23.9% $531 / Sq Ft
08/20/2021 08/20/21 Sold $435,000 -3.3% $429 / Sq Ft
06/10/2021 06/10/21 For Sale $450,000 +157.0% $443 / Sq Ft
10/25/2012 10/25/12 Sold $175,100 +6.8% $182 / Sq Ft
10/20/2012 10/20/12 Pending -- -- --
10/01/2012 10/01/12 For Sale $164,000 -- $171 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $495,000 South Oak Title
Warranty Deed $495,000 South Oak Title
Warranty Deed $435,000 Diamond Title Agency Inc
Special Warranty Deed $175,100 Landcastle Title Llc
Warranty Deed $358,300 Attorney
Warranty Deed $255,000 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $275,000 New Conventional
Previous Owner $380,000 Fannie Mae Freddie Mac
Previous Owner $229,500 Purchase Money Mortgage
Source: Public Records

Similar Homes in Panama City, FL

  • 8815 Thomas Dr Unit 305, Panama City, FL 32408

    $395,000

    • 2 Beds
    • 2 Baths
    • 1,048 Sq Ft
    • 8815 Thomas Dr
    • Unit 305
    • Panama City, FL

    Discover the perfect blend of convenience with this 2 bed, 2 bath condo located on the Gulf of America. Ideal as both an investment opportunity and a second home, this property offers gulf views and a spacious floor plan designed for comfort. In the hall you have a storage closet that could easily be converted to a bunk space as well as a private owners closet located across the hall. This condo

    Amber Thompson Emerald Coast Realty Group

    Section Image
  • 9902 S Thomas Dr Unit 2028, Panama City, FL 32408

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9902 S Thomas Dr
    • Unit 2028
    • Panama City, FL

    Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. Incredible gulf view from your front bedroom window. (see photo) This turn-key fully-renovated condo has incredible Lake & City Views is being sold

    Shantel Peterson Real Broker LLC

    Section Image
  • 6505 Thomas Dr Unit 613C, Panama City, FL 32408

    $459,000

    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft
    • 6505 Thomas Dr
    • Unit 613C
    • Panama City, FL

    Welcome to SUMMERHOUSE CONDOS. Summerhouse has been a favorite area condo resort for years. Several generations of owners and guests have grown up making Summerhouse their Beach Escape. Dive into the coastal lifestyle with this highly desirable 2-Bedroom, 2-Bath unit located on the 6th floor of the newest building. This midrise location will help ensure maximum rental income potential,

    Greg Taylor Counts Real Estate Group Inc

    Section Image
  • 6505 Thomas Dr Unit 909, Panama City, FL 32408

    $445,000

    • 2 Beds
    • 2 Baths
    • 1,015 Sq Ft
    • 6505 Thomas Dr
    • Unit 909
    • Panama City, FL

    **LENDER INCENTIVES: Closing cost credit and/or rate buy-down available from preferred Lender. Contact Listing Agent for more information.**Welcome to the Summerhouse, a stunning Gulf-front retreat in the heart of Panama City Beach, offering unmatched westerly sunset views over the emerald waters. This beautifully furnished 2-bedroom, 2-bathroom condo has breathtaking panoramas of the sugar-white

    Brad Amerson LLC Compass Florida, LLC

    Section Image
  • 6213 Thomas Dr Unit 301, Panama City, FL 32408

    $395,000

    • 1 Bed
    • 2 Baths
    • 893 Sq Ft
    • 6213 Thomas Dr
    • Unit 301
    • Panama City, FL

    Sun, Sand, and Relaxation at Mariner West!Welcome to Mariner West, a charming low-rise Gulf-front condominium community on Thomas Drive, located on the east end of Panama City Beach. This meticulously maintained turnkey 1-bedroom, 2-bath end-unit condo is perfect as a vacation getaway, rental investment, or full-time beach retreat. The kitchen features granite countertops and stainless-steel

    Susanne Kuhajda Realty One Group Emerald Coast

    Section Image
  • 6201 Thomas Dr Unit 409, Panama City, FL 32408

    $615,000

    • 2 Beds
    • 2 Baths
    • 1,404 Sq Ft
    • 6201 Thomas Dr
    • Unit 409
    • Panama City, FL

    This recently remodeled 2-bedroom, 2-bath condo offers breathtaking Gulf views and is just steps from the powder-white sands of Panama City Beach. Thoughtfully updated and beautifully furnished with stylish, comfortable decor, this condo is being sold fully equipped--ready for immediate enjoyment or income production.Enjoy morning coffee or sunset cocktails from your private balcony overlooking

    Ashlie James Beachy Beach Real Estate

    Section Image
  • 6201 Thomas Dr Unit 1405, Panama City, FL 32408

    $585,000

    • 2 Beds
    • 2 Baths
    • 1,379 Sq Ft
    • 6201 Thomas Dr
    • Unit 1405
    • Panama City, FL

    Beautiful 2 Bedroom/2 Bath updated Gulf Front condo at Watercrest. This is a great location on the desirable East End of the Beach. This spacious condo is located in the center of the building with great gulf views. Wakeup every morning in the master bedroom with a breathtaking view of the shimmering emerald gulf water. With the large living room and dining area, you have plenty of room for large

    Martha Gray Counts Real Estate Group Inc

    Section Image
  • 4120 Nova St Unit D, Panama City, FL 32408

    $395,000

    • 2 Beds
    • 1 Bath
    • 860 Sq Ft
    • 4120 Nova St
    • Unit D
    • Panama City, FL

    Great opportunity to purchase this 2 bedroom, 1 bath condo steps to the beach and no HOA! This unit is being offered fully furnished and rental ready. New construction around this property will enhance the area and make it shine!

    Will Palmer Better Homes and Gardens Coast Properties

    Section Image
  • 7205 Thomas Dr Unit D205, Panama City, FL 32408

    $499,000

    • 2 Beds
    • 2 Baths
    • 1,050 Sq Ft
    • 7205 Thomas Dr
    • Unit D205
    • Panama City, FL

    The East End of Panama City Beach is the most relaxing, and the ''Dunes of Panama'' are there. And many think that the ''D'' building is the Best of the Dunes. Best view and amenities, and the closest to the Gulf of America. This unit has been very recently renovated and upgraded to Class ''A'' condition. The pictures tell it all. The most popular floors in condos are usually the lower ones and

    Jeff Nauman Think Real Estate

    Section Image

Source: Central Panhandle Association of REALTORS®

MLS Number: 777863

Central Panhandle Association of REALTORS®

APN: 30585-675-009