6905 Thomas Drive Unit 209, Panama City, FL 32408

$420,000
1
BD
2
BA

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Sold Price
$420,000
List Price
$425,000
Status
CLOSED
Closing Date
Apr 07, 2026
MLS#
785272
Subtype
Residential
Style
High Rise
Year Built
1983
Bedrooms
1
Bathrooms
2
Full Baths
2
Subdivision
Pelican Walk
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

Property Description

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 Information

Exterior Features
Barbecue
Property Description
High Rise
Appliances
Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
Heating
Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Stucco
Roof
Flat
Parking
Paved, Parking Lot
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

Listing courtesy of Beach House Sales and Development.

Selling Office: Corcoran Reverie.

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