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Back 505A/6505 Thomas Drive
Off Market

505A/6505 Thomas Drive

Lower Grand Lagoon FL 32408

2
2
1074 sq. ft.
Condo
Last sold for $453,000
Jonathan MinerickJonathan Minerick, last sold this property on 10 March 2026 after 363 days on market.

Overview

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.

Features

2 bedrooms
2 bathrooms
1074 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 505A/6505 Thomas Drive is $417.9k.

Median value
$417.9k
Estimated value range
$169k - $975k
Median days on market
102
Estimated value trend
-3%
decrease 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 505A/6505 Thomas Drive

2026
Sold
$453,000
10 Mar 2026 by Jonathan Minerick, of Homecoin.com
2023
Sold
$490,000
27 Nov 2023 by Theresa "Terry" Nutter, of Realty One Group Emerald Coast

Happy sellers in Lower Grand Lagoon

89%
89% 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 19 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, 188 two-bedroom condos similar to 505A/6505 Thomas Drive, have been sold.

This represents a 1% decrease in two-bedroom condos sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Lower Grand Lagoon

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Zack Seltzer

Zack Seltzer is an award winning recommended agent for Lower Grand Lagoon.  They have 28 local sales and collected 10 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  10 Reviews in Lower Grand Lagoon
  •  28 Sales in Lower Grand Lagoon
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Alice de La Penha

Alice de La Penha is an award winning recommended agent for Lower Grand Lagoon.  They have 20 local sales and collected 7 local reviews across the last 12 months.

  •   5   (144 reviews)
  •  7 Reviews in Lower Grand Lagoon
  •  20 Sales in Lower Grand Lagoon
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Sean Casilli

Sean Casilli is a recommended agent for Lower Grand Lagoon.  They have collected 6 local reviews across the last 12 months.

  •   5   (21 reviews)
  •  6 Reviews in Lower Grand Lagoon
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Tyler S Smith

Sellers who recommend Tyler S Smith have praised them for being clear communication, responsive, local expert, great negotiation, detail-oriented, proactive, and friendly

  •   5   (64 reviews)
  •  6 Reviews in Lower Grand Lagoon
  •  6 Sales in Lower Grand Lagoon
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