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$420,000

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.

1 Beds ⋅ 2 Baths ⋅ 785272 MLS

6905 Thomas Drive Unit 209, Panama City

6905 Thomas Drive Unit 803, Panama City Beach

$390,000

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.

1 Beds ⋅ 2 Baths ⋅ 791974 MLS

6905 Thomas Drive Unit 803, Panama City Beach