For Sale

Listed by Sandi Smith

Source: Bay County Realtors Association #791974

803/6905 Thomas Drive, Lower Grand Lagoon, FL, 32408

$400,000

1
2
835 sq. ft.

Condo

28 days on the market

What's around 803/6905 Thomas Drive

About this property

Experience beachfront living at its finest in this beautifully renovated 1-bedroom, 2 FULL bath Gulf-front condo at Pelican Walk on the highly desirable east end of Panama City Beach. This spacious floor plan comfortably sleeps six, making it an ideal vacation retreat, second home, or income-producing investment. Step inside to find a completely updated interior with stylish coastal finishes and breathtaking Gulf views from the 8th floor. From your private balcony, enjoy panoramic views stretching along the emerald coastline all the way toward St. Andrews State Park, while also taking in the sparkling city lights after sunset. Pelican Walk is known for its exceptional value, offering Gulf-front ownership with HOA dues averaging just over $637 per month. Well-managed one-bedroom units like this have the potential to generate approximately $40,000 annually in short-term rental income, with self-managed properties often achieving even stronger returns. Resort-style amenities include: * Two beachfront swimming pools * Indoor spa-style hot tub * Indoor racquetball court * Pickleball court * Shuffleboard * Direct beach access just steps from your door Located on the sought-after east end of Panama City Beach, you'll enjoy a more relaxed, family-friendly atmosphere while still being minutes from some of the area's favorite restaurants and attractions. Take a short drive to Schooners, Captain Anderson's, Grand Marlin, Off the Hook Bar & Grill, Patches Pub, Dat Cajun Place, and Tootsie's Orchid Lounge. You're also just minutes from St. Andrews State Park, marinas, charter fishing, Shell Island excursions, and endless waterfront entertainment. Whether you're searching for a turnkey beachfront investment or your own piece of paradise, this stunning, move-in-ready condo checks every box. Schedule your private showing today and start living the Gulf-front lifestyle you've been dreaming about.

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