15 days on rocket

6505 Thomas Dr Unit 111, Panama City, FL, 32408

$569,000

Home List Price

$6,757*

Closing Credit

2 Bedrooms
2 Full Baths
1,015 SqFt
$561/SqFt
Condo
Schools Nearby

Location

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6505 Thomas Dr Unit 111, Panama City$569,000

Buyer Closing Credits

$6,757*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1987
HeatingElectric
CoolingCentral Air
WaterfrontGulf, Sandy Shoreline, Waterfront
ViewGulf
MLS #755776
StatusActive

About 6505 Thomas Dr Unit 111

FIRST FLOOR - WALK OUT TO GULF.......COMPLETELY REMODELED. $23K in Sliding Glass Doors, NEW HVAC & HOT WATER HEATER. Almost all new furniture. FULLY FURNISHED AND RENTAL READY. One uniform floor throughout the condo. Upgraded Shower in 2nd bathroom. Upgraded granite double vanity and tiled shower in Master. Owners used this condo 8 months of the year personally and rented only 4 months of the year and still did almost $30k in rentals in 4 months. It would do a lot more rental if rented for 12 months.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 1987
  • Living Area: 1,015 SqFt

Listing Office:

  • Office Name: Pineapple Properties

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Remodeled, Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Gulf, Sandy Shoreline, Waterfront
  • View: Gulf
  • Exterior: Outdoor Grill, Pool

Lot Features

Lot Information:

  • Lot: Waterfront

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • J.R. Arnold High School, Public District Grades 9-12
  • Surfside Middle School, Public District Grades 6-8
  • Patronis Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Summerhouse is located about in the middle of Thomas Drive, right on the gulf.

Price Information

Listing Price Info

Price Summary:

  • List Price: $569,000
  • Price Per SqFt: $561/SqFt

HOA Fees:

  • Amount: $1467
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Panama City, FL.

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Panama City, FL

City

Med. Sold Price

$347.6K

Med. Price/SqFt

$204

Avg. Days On Market

61

# of Sold Homes

211

6505 Thomas Dr Unit 111 vs Panama City

15 DAYS ON ROCKET

-46 Days

$569,000

+$221.3K More

$561/SqFt

+$356 More

KEY TAKEAWAY

This property is $221.3K more than the Median Sold Price and $356/SqFt more than other homes in Panama City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #755776

Listing Office:

  • Office Name: Pineapple Properties

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2024 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 6:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$4,374

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,772

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4588668
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 1.26 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4588669
5
/10

  • Surfside Middle School

  • 300 Nautilus St

  • 6.34 miles

  • Public District Grades 6-8

High School

school-card-donut-4588670
5
/10

  • J.R. Arnold High School

  • 550 N Alf Coleman Rd

  • 4.48 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,601. Typical income of Panama City, FL residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 6505 Thomas Dr Unit 111

What is the listing price of this property?

The listing price of 6505 Thomas Dr Unit 111 property is $569,000.

What type of property is this?

The property 6505 Thomas Dr Unit 111 is a condo located in Panama City, Florida, 32408.

Is this property for sale now?

Active Listing: 6505 Thomas Dr Unit 111 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 6505 Thomas Dr Unit 111 are:
Patronis Elementary School: GreatSchools Rating 7/10
Surfside Middle School: GreatSchools Rating 5/10
J.R. Arnold High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 6505 Thomas Dr Unit 111 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 6505 Thomas Dr Unit 111 is 1,015 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 6505 Thomas Dr Unit 111 is 1987.

Rocket Homes›Florida›Bay County›Panama City›32408›6505 Thomas Dr Unit 111

This home is located at 6505 Thomas Dr Unit 111 in Panama City, FL and zip code 32408. This 1,015 square foot home was built in 1987. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 16, 2024 and is currently priced at $569,000.

In April 2024, from all listings sold in Panama City, FL there were more than 30 sold above asking price, over 130 sold below and more than 51 were sold right at the asked price. The number of listings in Panama City, FL increased by 4.7% between March 2024 and April 2024. In April 2024 median list price was $347,653 and the average listing age was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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