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Harrison Lilly

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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6505 Thomas Dr Unit 202 , Panama City, FL 32408
$425,000
Est. Payment: $2,155.52/mo
2 Bed
2 Bath
1075 Sqft
Status: active | Days on site: 80
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Harrison Lilly
Owner/Operator

House Description

If you've been searching for a beachfront condo that allows you to enjoy the Panama City Beach lifestyle while helping offset ownership expenses, this second-floor Summer House unit deserves a look. A longtime favorite among vacationers, Summer House has a proven rental history and continues to attract guests year after year thanks to its family-friendly atmosphere, spacious floor plans, and unbeatable Gulf-front location. Situated directly on the sugar-white sands of Panama City Beach, this well-maintained resort offers a rare combination of lower-density living and resort-style amenities, including two Gulf-front pools, a hot tub, kiddie pool, tennis and pickleball courts, racquetball, game room, fitness center, owners' lounge, grilling areas, and direct beach access. Whether you're looking for a vacation getaway, investment property, or a blend of both, this condo offers the opportunity to enjoy your time at the beach while leveraging rental income to help cover expenses. Many investors appreciate the ability to utilize financing and allow rental revenue to contribute toward ownership costs while building long-term equity over time. Wake up to Gulf views, spend your days on the beach, and let this established rental performer work for you when you're not using it. Summer House remains one of Panama City Beach's most beloved resortsand opportunities like this don't come along often.

Highlights

Listed by Sandi Smith , 229-326-2998 Dalton Wade Inc , 888-668-8283. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

Year Built

1985

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Summerhouse Of P.C. 1

Listing ID

790643

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Washer/Dryer Stacked, Electric Range, Electric Water Heater
Air Cond:Central Air
Fireplaces:
Other:
  • Additional:Main Level Primary, Tub Shower

Exterior Features

Lot:Paved
Lot Dimensions:Condo 400x700
Sewer:Public Sewer
Parking Features:Paved,Parking Lot
Principal Interest
$2,156
Taxes
$317
HOA
$0

Home Price

$425,000

Loan Details

30 yrs
6.529%

Down Payment

20%
$85,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,155.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,155.52 $316.75 $0.00 $2,472.27
Yearly $25,866.24 $3,801.00 $0.00 $29,667.24
Total $775,987.13 $114,030.00 $0.00 $890,017.13

Today's Rates

30 Year

6.53%

20 Year

6.33%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Panama City, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-20T06:33:19.000Z

© 2026 Bay County Association of REALTORS