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6905 Thomas Drive , #209

Panama City, FL 32408
  • $425,000
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 785272
UPDATED: 45 min ago
$425,000
  • 1
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 835
    SQFT
  • $509
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1983
County:
Bay

School Information

Elementary School:
Middle School:
High School:

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.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-03-07T07:04:15.59.
www.wavesandwoodsfl.com/homes/173061715
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6905 Thomas Drive , #209 Panama City, FL 32408

  • Price: $425,000
  • Status: Active
  • On Site: 20 Days
  • Updated: 45 min ago
  • MLS #: 785272
1
Beds
2
Baths
0
½ Baths
N/A
Acres
835
SQFT
$509
$/SQFT
1983
Built
Neighborhood:
Pelican Walk
County:
Bay
Area:
Bay County-Beach
Elementary School:
Patronis
Middle School:
Surfside
High School:
Arnold
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.
Exterior Features

Architectural Style High Rise Attached Garage YN No Construction Materials Stucco Exterior Features Barbecue Garage YN No Lot Features Paved Patio And Porch Features Balcony Pool Features Gunite Gas Heat In Ground Other Community Roof Flat Spa Features Community View Gulf View YN Yes

Interior Features

Appliances Washer / Dryer Stacked Electric Cooktop Electric Oven Electric Water Heater Cooling Central Air Ceiling Fan(s) Cooling YN Yes Heating Electric Heating YN Yes Laundry Features Stacked Parking Features Paved Parking Lot Rooms Bedroom (First Level) Living Room (First Level) Units Furnished All Units

Property Features

Association Amenities Other See Remarks Beach Rights Barbecue Picnic Area Sauna Association YN Yes Community Features Beach Clubhouse Elevator Park Pool Sauna Sport Court(s) Waterfront Barbecue Community Pool Short Term Rental Allowed Listing Service Full Service Lot Size Dimensions CONDO New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Security Lights Smoke Detector(s) Sewer Public Sewer Tax Annual Amount 3662 Tax Year 2025 Waterfront Features Gulf Shoreline - Sand Waterfront YN Yes

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Beach House Sales and Development: 256-566-5482. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-03-07T07:04:15.59.
 
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