Back 503-A/6505 Thomas Drive
Off Market

503-A/6505 Thomas Drive

Lower Grand Lagoon FL 32408

2
2
1075 sq. ft.
Condo
Last sold for $315,000
Heather WilliamsHeather Williams, last sold this property on 25 July 2025 after 80 days on market.

Overview

How does ONE YEAR OF NO HOA DUES sound? Seller is offering to pay your first year for you with an acceptable offer! Oceanfront Paradise - Fully Furnished & Rental-Ready! Experience breathtaking, unobstructed Gulf views from this 5th-floor, 2-bedroom, 2-bath condo at the sought-after Summerhouse Condominiums. Spanning 1,075 sq ft, this unit offers a centrally positioned balcony, providing panoramic ocean vistas. The master bedroom also views the gulf, boasts dual closets, has an updated vanity, modern countertops, and a new glass shower door. The hall bathroom has also been refreshed with a contemporary vanity. Two pools as well & one heated. This condo is fully furnished, including: Furniture, Linens, Kitchenware, Beach toys. Ready to rental. HOA Fee: Approximately $1,403/month, covering amenities such as: " Cable TV " Internet " Water " Trash " Sewer " Pest control " Grounds maintenance " Insurance " 24-hour security Enjoy resort-style living with access to multiple pools, hot tubs, tennis courts, BBQ areas, and direct beach access. Don't miss this opportunity to own a slice of paradise on Panama City Beach! Also, the HOA passed all inspections and as a result of meeting funding requirements, the monthly HOA dropped from last year based on a good budget process.

Features

2 bedrooms
2 bathrooms
1075 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 2 bedroom condos sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 503-A/6505 Thomas Drive is $420k.

Median value
$420k
Estimated value range
$169k - $975k
Median days on market
100
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 503-A/6505 Thomas Drive

2025
Sold
$315,000
25 Jul 2025 by Heather Williams, of Realty ONE Group Emerald Coast

Happy sellers in Lower Grand Lagoon

90%
90% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 21 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 2 bedroom condos in Lower Grand Lagoon

In the last 12 months, 192 two-bedroom condos similar to 503-A/6505 Thomas Drive, have been sold.

This represents a 13% decrease in two-bedroom condos sales when compared to the previous 12 months.

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