6505 Thomas Drive #506

Panama City, FL 32408
$850,000
1400 sqft | 2 beds | 2 baths | #761914

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.
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  • Interior Details
    • Interior Features
      • Interior:Breakfast Bar, Elevator, Split Bedrooms
    • Beds & Baths
      • Bedrooms:2
      • Bathrooms:2
      • Full Baths:2
  • Property Details
    • Property
      • View:Gulf
      • Stories:11
      • Lot description:Waterfront
      • Exterior materials:Balcony
    • Measurements
      • Square Feet:1400
  • Construction Details
    • Type & Style
      • Property type:Purchase
      • Style:High Rise
    • Condition
      • Year built:1985
    • Material information
      • Foundation:Pillar Post Pier
  • Utilities / Energy Details
    • Utility
      • Utility features:Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Community and Neighborhood Details
    • Community
      • Subdivision:Summerhouse Of P.C. 2
    • Location
      • Elementary School:Patronis
      • Middle School:Surfside
      • High School:Arnold
      • County:Bay
  • Financial Details
    • Pricing Details
      • Days on Market (Cumulative):2
      • Taxes annual:$7, 005
    • HOA
      • Hoa fees:1441
  • Other
    • Source
      • MLS #:761914

Location

Central Bay Realty and Property ManagementReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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