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MLS# 785272

Status: Active
6905 Thomas Drive, #209
Panama City, FL 32408
$425000.00

Beds Total: 1
Bathrooms: 2.00
Baths Full: 2
Sq Ft Total: 835.00
Year Built: 1983
On Waterfront: Yes
(256) 566-5482


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Proven Gulf-front rental investment producing $48,469 in rental income last year, located at Pelican Walk on the highly desirable east end of Panama City Beach. This beautifully remodeled 1-bedroom, 2-bath beachfront condo offers unobstructed Gulf views, a spacious balcony, and the rare advantage of a convenient second-floor location for easy beach and pool access.The open living and dining area is designed to maximize the incredible Gulf views, with large glass doors leading directly to the private balcony overlooking the emerald waters and sugar-white sand beaches. The fully equipped kitchen opens seamlessly to the living space, making it ideal for entertaining or relaxing after a day on the beach.The Gulf-front primary suite features a king bed and private bath with a custom tiled shower and built-in bench. A second full bathroom provides additional convenience for guests. The unit is sold fully furnished and turnkey ready for rental, excluding only owner personal items.Future bookings can convey to the new owner if continuing with the on-site management program, offering immediate income potential.Pelican Walk amenities include two Gulf-front pools (one seasonally heated), hot tub, tennis and pickleball courts, racquetball, shuffleboard, grilling areas, owner's lounge, and direct private beach access. The resort is located near restaurants, shopping, marinas, fishing charters, and many of the attractions that make Panama City Beach a top vacation destination.Whether you are searching for a strong income-producing property or a personal beachfront retreat, this condo offers rental performance, location, and Gulf-front views in one of the most popular resorts on the east end of Panama City Beach.

Additional Features

List Date:2026-02-14
Full Baths:2
Waterfront:Yes
Sub Area:0323 - Beach - South of Grand Lagoon
Community/Resort:None
Parcel ID:30585-521-000
Elementary School:Patronis
Middle School:Surfside
High School:Arnold
Appliances:Cooktop - Electric,Disposal,Microwave,Oven - Electric,Washer/Dryer Stacked,Water Heater - Electric
HOA Frequency:Quarterly
HOA Amount:1913.00
HOA Fee:Yes
Cumulative DOM:19
Days On Market:19
Last Taxes:3662.00
Last Tax Year:2025
Utilities:Electricity - Connected,Public Sewer - Connected,Public Water - Connected
Project Facilities:BBQ Pit/Grill,Beach,Community Room,Elevator(s),Handball,Other - See Remarks,Picnic Area,Pool,Sauna/Steam Room,Sidewalks,Spa/Hot Tub,Waterfront
Exterior:Balcony,Built-in Barbecue/Grill
Lot Features:Dedicated Beach,Waterfront,Within 1/2 Mile to Water
Waterfront Feature:Shore - Beach
Fees Include:Accounting,BBQ Pit/Grill,Beach,Cable TV,Community Room,Handball,Insurance,Internet-WiFi,Maintenance Grounds,Management,Master Association,Picnic Area,Pool,Sauna/Steam Room,Sewer,Tennis Court(s),Trash Disposal,Water
Construction/Siding:Roof - Flat,Siding - Stucco