Back 209/6905 Thomas Drive
Off Market

209/6905 Thomas Drive

Lower Grand Lagoon FL 32408

1
2
835 sq. ft.
Condo
Last sold for $420,000
Beth MulveyBeth Mulvey, last sold this property on 07 April 2026 after 897 days on market.

Overview

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.

Features

1 bedroom
2 bathrooms
835 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Lower Grand Lagoon over the last 12 months, the estimated median property value of 209/6905 Thomas Drive is $287k.

Median value
$287k
Estimated value range
$100k - $420k
Median days on market
93
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lower Grand Lagoon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 209/6905 Thomas Drive

2026
Sold
$420,000
07 Apr 2026 by Beth Mulvey, of Beach House Sales and Development
2023
Sold
$415,000
19 May 2023 by Marla Meyer, of Shorelines Real Estate Llc
2015
Sold
$187,000
18 Dec 2015 by Patty Subjek, of Counts Real Estate Group Inc

Happy sellers in Lower Grand Lagoon

89%
89% of sellers in Lower Grand Lagoon reported that their sale price either exceeded or met their price expectations.

Lower Grand Lagoon stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 20 reviews in Lower Grand Lagoon over the last 12 months.

Local market activity for 1 bedroom condos in Lower Grand Lagoon

In the last 12 months, 144 one-bedroom condos similar to 209/6905 Thomas Drive, have been sold.

This represents a 12% increase in one-bedroom condos sales when compared to the previous 12 months.

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