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6505 Thomas 505 Drive 505a, Panama City Beach, FL 32408
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6505 Thomas 505 Drive 505a
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Would you like to sell your home before you purchase this one?
Priced at Only: $493,000
For more Information Call:
Address: 6505 Thomas 505 Drive 505a, Panama City Beach, FL 32408
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  • MLS#: 770166 ( Residential )
  • Street Address: 6505 Thomas 505 Drive 505a
  • Viewed: 18
  • Price: $493,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: SeeRemarks
  • Year Built: 1984
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 127
  • Additional Information
  • Geolocation: 30.1525 / -85.7681
  • County: BAY
  • City: Panama City Beach
  • Zipcode: 32408
  • Subdivision: The Summerhouse Of P.c. I
  • Building: The Summerhouse Of P.c. I
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
  • Provided by: HomeCoin.com
  • DMCA Notice
  • Description
    TRUE TURNKEY short term rental condo, beachfront, fully renovated and ready for an investor to take over. RENTAL MACHINE with NET rentals of $73K in 2024 and pacing above that for 2025. We post NET rentals, vs. industry standards to post gross, which include fees and taxes. When including those, gross rentals for this unit were +90K in 2024. Can provide receipts. The unit is almost fully booked through June and bookings could pass along to the buyer. Owner self manages this unit plus 6 other properties in the area with excellent results all around. Owner can offer property management for the buyer if interested. Selling due to a personal situation that requires cash ASAP. Buyer to verify measurements as needed.
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 1074.00
School Information
  • High School: Arnold
  • Middle School: Surfside
  • School Elementary: Patronis
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
  • Parking Features: ParkingLot
Eco-Communities
  • Pool Features: Community, InGround, Pool
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir
  • Heating: Central, Electric
Amenities
  • Association Amenities: GameRoom
Finance and Tax Information
  • Home Owners Association Fee Includes: Internet, Pools, Security, Water
  • Home Owners Association Fee: 1404.00
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2024
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, WasherDryerStacked, Dishwasher, ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Freezer, IceMaker, Microwave, Refrigerator, TrashCompactor
  • Furnished: Furnished
  • Interior Features: Elevator, SmartThermostat
  • Legal Description: THE SUMMER HOUSE OF P.C. ONE CONDO UNIT 505 2BR 2B 1015 H&C ORB 978 P 1178 . ORB 3979 P 1819
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Tenant
  • Parcel Number: 30585-649-000
  • The Range: 0.00
  • Unit Number: 505A
  • View: Gulf
  • Views: 18
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Headshot for Associate Robert A. Pelletier Jr
  1. Robert A. Pelletier Jr, REALTOR ®
  2. Tropic Shores Realty
  3. Mobile: 239.218.1565
  4. Mobile: 239.218.1565
  5. Fax: 352.503.4780
  6. robertsellsparadise@gmail.com