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Sold for $420,000
  • $420,000

    6905 Thomas Dr Unit 209, Panama City Beach, FL 32408

    1beds
    835sqft
    Condominium
    Built in 1983
    -- sqft lot
    $414,400 Zestimate®
    $503/sqft
    $1,894 Estimated rent

    Home value

    $414,400

    $377,000 - $456,000

    $1,894/mo

    Zestimate® history
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    What's special

    Unobstructed gulf viewsSpacious balcony
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Beth Mulvey 256-566-5482,

    Beach House Sales and Development

    Bought with:

    Abigail E Davis, 3462164

    Corcoran Reverie

    Source: CPAR,MLS#: 785272MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Living Room
    Bedroom
    • Level: First
    • Dimensions: 14 x 10
    Living room
    • Level: First
    • Dimensions: 25 x 12
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
    • Laundry: Stacked
    Interior area
    • Total structure area: 835
    • Total interior livable area: 835 sqft

    Property

    Parking
    • Parking features: Paved, Parking Lot
    Features
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: Gunite, Gas Heat, In Ground, Other, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Lot
    • Features: Paved
    Details
    • Parcel number: 30585521000

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Community
    • Features: Beach, Clubhouse, Elevator, Park, Pool, Sauna, Sport Court(s), Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
    • Security: Security Lights, Smoke Detector(s)
    • Subdivision: Pelican Walk
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Barbecue, Picnic Area, Sauna
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $503/sqft
    • Tax assessed value: $326,886
    • Annual tax amount: $3,662
    • Date on market: 2/14/2026
    • Cumulative days on market: 23 days

    Price history

    DateEventPrice
    4/7/2026Sold$420,000-1.2%$503/sqft
    Source: CPAR #785272 Report a problem
    3/11/2026Pending sale$425,000$509/sqft
    Source: CPAR #785272 Report a problem
    2/14/2026Listed for sale$425,000-1.2%$509/sqft
    Source: CPAR #785272 Report a problem
    6/25/2024Listing removed--
    Source: CPAR #748224 Report a problem
    2/5/2024Listing removed$430,000$515/sqft
    Source: CPAR #748224 Report a problem
    11/27/2023Price change$430,000-1.1%$515/sqft
    Source: CPAR #748224 Report a problem
    11/3/2023Price change$435,000-2.2%$521/sqft
    Source: CPAR #748224 Report a problem
    10/22/2023Listed for sale$445,000+7.2%$533/sqft
    Source: CPAR #748224 Report a problem
    5/23/2023Sold$415,000+121.9%$497/sqft
    Source: Public Record Report a problem
    12/18/2015Sold$187,000-6.5%$224/sqft
    Source: CPAR #637242 Report a problem
    11/13/2015Price change$199,900-2.4%$239/sqft
    Source: Counts Real Estate Group Inc #637242 Report a problem
    10/20/2015Listed for sale$204,900+58.8%$245/sqft
    Source: Counts Real Estate Group Inc #637242 Report a problem
    4/20/2011Sold$129,000-6.7%$154/sqft
    Source: Public Record Report a problem
    2/5/2011Listed for sale$138,200-2.7%$166/sqft
    Source: CENTURY 21 Ryan Realty #413667 Report a problem
    6/8/2000Sold$142,000$170/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,057 +21.4%$326,886 +40%
    2023$3,341 +22.9%$233,470 +10%
    2022$2,719 $212,245
    2021-- --
    2020$2,369 +28.3%$187,702 +28%
    2019$1,846 $146,625 -14.1%
    2018$1,846 -15.6%$170,638 +10%
    2017$2,187 +9.6%$155,125 +7.4%
    2016$1,995 +15.8%$144,500 +13.4%
    2015$1,722 $127,458 +5.9%
    2014$1,722 $120,324 +10%
    2013-- $109,385 +3%
    2012-- $106,250 -5.3%
    2011-- $112,200 -12%
    2010-- $127,500 -2.7%
    2009-- $131,095 -22.8%
    2008-- $169,822 -30.4%
    2007-- $243,916 -18%
    2006-- $297,458 +106.6%
    2005-- $144,001
    2004-- $144,001 +23.3%
    2003-- $116,801
    2002-- $116,801
    2001-- $116,801 +25.9%
    2000-- $92,750
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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