6505 Thomas 505 Drive #505A, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:Better Homes and Gardens Real Estate Historic
6505 Thomas 505 Drive #505A,Panama City Beach, FL 32408
$453,000
  • 2 Beds
  • 2 Baths
  • - sq. ft.
  • Condominium
  • Sold
Listed by: jonathan minerick
Office: homecoin.com
MLS#:770166
Source:FL_BCMLS

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Price summary

  • Price:$453,000

About this home

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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Home facts

  • Year built:1984
  • Listing ID #:770166
  • Added:399 day(s) ago
  • Updated:April 15, 2026 at 06:35 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:4
  • Dining Description:SmartThermostat
  • Bathrooms Description:SmartThermostat
  • Kitchen Description:Electric Cook Top, Electric Oven, Electric Range, Electric Water Heater, Ice Maker
  • Bedroom Description:SmartThermostat

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Exterior Features:Balcony

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Finances and disclosures

  • Price:$453,000
  • Tax amount:$4,897 (2024)

Features and amenities

  • Laundry features:Washer Dryer Stacked
  • Amenities:ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, IceMaker, SmartThermostat, WasherDryerStacked
  • Pool features:Community, InGround

Parking

  • Parking description:Parking Lot
The information being provided by Central Panhandle Association Of REALTORS® is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Central Panhandle Association Of REALTORS®. Better Homes and Gardens Real Estate Historic is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Better Homes and Gardens Real Estate Historic, a broker participant of Central Panhandle Association Of REALTORS®. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Central Panhandle Association Of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Properties in listings may have been sold or may no longer be available. Copyright 2026 Central Panhandle Association Of REALTORS®. All rights reserved.

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