6505 Thomas 505 Drive #505A, Panama City Beach, FL 32408
Local realty services provided by:Better Homes and Gardens Real Estate Historic
6505 Thomas 505 Drive #505A,Panama City Beach, FL 32408
$482,000
- 2 Beds
- 2 Baths
- 1,074 sq. ft.
- Condominium
- Pending
Listed by: jonathan minerick
Office: homecoin.com
MLS#:770166
Source:FL_BCMLS
Price summary
- Price:$482,000
- Price per sq. ft.:$448.79
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:351 day(s) ago
- Updated:February 26, 2026 at 08:15 AM
Rooms and interior
- Bedrooms:2
- Total bathrooms:2
- Full bathrooms:2
- Living area:1,074 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central, Electric
Structure and exterior
- Year built:1984
- Building area:1,074 sq. ft.
Schools
- High school:Arnold
- Middle school:Surfside
- Elementary school:Patronis
Finances and disclosures
- Price:$482,000
- Price per sq. ft.:$448.79
- Tax amount:$4,897 (2024)
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