For Sale

Listed by Daniel Peak from Realty Mark Associates

Source: Bay County Realtors Association #790961

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

$429,800

1
2
835 sq. ft.

Condo

12 days on the market

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About this property

WELCOME TO PELICAN WALK 803 - GULF-FRONT LIVING AT ITS FINEST RECENTLY REMODELED & RENTAL READY.....Experience the ultimate Panama City Beach lifestyle from this beautifully remodeled Gulf-front 1 bedroom condominium at Pelican Walk, one of the most sought-after beachfront communities on the highly desirable east end of Panama City Beach. Offering breathtaking, unobstructed views of the emerald waters of the Gulf and the sugar-white sand beaches that have made this destination famous worldwide, Unit 803 is the perfect blend of luxury, comfort, and investment potential. Specifically, the renovations include: a newly renovated kitchen with new cabinets, countertops, flooring throughout, a new backsplash, and new appliances. There is a new HVAC system. There is a new sliding glass door and the condo has been freshly painted throughout. The bathrooms have new cabinets, new vanity mirrors, and new toilets. All of the furniture is in great condition and much is actually new! There is updated lighting throughout along with a recently purchased smart TV! Sold completely furnished--including patio furniture--this turn-key coastal retreat is ready for immediate enjoyment or rental income from day one. Whether you are searching for a second home, vacation getaway, or a proven income-producing property, this exceptional residence checks every box. Current gross potential rental income is between $50,000 and $55,000 annually, depending on owner usage, making it an attractive opportunity for investors seeking strong performance in one of Florida's premier beach destinations. This property would make a fantastic investment opportunity! Inside, the thoughtfully designed floor plan maximizes the spectacular Gulf views from nearly every angle. The open-concept living and dining areas flow seamlessly to a spacious private balcony where morning coffee, afternoon relaxation, and unforgettable sunsets become part of everyday life. Large glass doors flood the interior with natural light while showcasing the endless Gulf horizon. The fully equipped kitchen opens directly to the living area, creating the perfect setting for entertaining family and friends after a day on the beach. The Gulf-front primary suite offers a luxurious king-size bed, private balcony access, and a beautifully updated bathroom featuring a custom tiled shower with built-in bench seating. There is a Murphy Bed which is in great condition and allows the unit to sleep four! A second full bathroom provides added convenience and comfort for guests. Beyond the exceptional residence itself, Pelican Walk offers an intimate Gulf-front atmosphere that sets it apart from many of the larger high-rise developments in Panama City Beach. With only ten floors, the community provides a more relaxed, private resort experience while still delivering an impressive collection of amenities. Residents and guests enjoy direct private beach access, two Gulf-front swimming pools--including a seasonally heated pool--an indoor hot tub, sauna, pickleball and tennis courts, racquetball, shuffleboard courts, grilling areas, beautifully landscaped grounds, an owner's lounge, and a spacious community gathering room perfect for meetings, celebrations, and social events. On-site management and dedicated staff further enhance the ownership experience. Location is another reason Pelican Walk remains one of the most desirable beachfront communities on the east end of Panama City Beach. Positioned along Thomas Drive, residents enjoy easy access to waterfront restaurants, local favorites, shopping, marinas, fishing charters, golf, entertainment venues, and family attractions. The resort offers the perfect balance--close enough to enjoy all that Panama City Beach has to offer,yet removed from the congestion of the busiest tourist areas. Pier Park, St. Andrews State Park, Shell Island excursions, and numerous dining and entertainment options are all just a short drive away!

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