NOT LISTED FOR SALE

Pelican Walk 6905 Thomas Dr Unit 703 Panama City, FL 32408

Estimated Value: $342,000 - $381,000

1 Bed
2 Baths
835 Sq Ft
$432/mo HOA Fee

Last Sold August 24, 2020

Last sale price $223,000 $267 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,702/month

103 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deeded access to the beach
  • Sauna
  • Patronis Elementary School Rated A-
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of August 2020

You will have a fantastic view of the Gulf of Mexico from this immaculate 1 Bedroom/2 Bath condo...Make this your vacation retreat or vacation rental investment! Nestled on the quiet end of Thomas Drive, Unit 703 is a spacious GULF FRONT 1 bedroom/2 bath condo located on the 7th floor at Pelican Walk. Upon arrival you will immediately be drawn to the private balcony where breathtaking views of the east pool, beach, and Gulf are on full display. Pelican Walk is an impeccably maintained, family friendly complex, that has a tropical feel and numerous resort amenities: private beach access, two (2) swimming pools, hot tub, sauna, tennis courts, racquetball, 2 grill areas, community room and more.

Last Agent to Sell the Property

Marla Meyer

Shorelines Real Estate LLC License #SL3318819 Listed on: 02/28/2020

Last Buyer's Agent

Marla Meyer

Shorelines Real Estate LLC License #SL3318819 Listed on: 02/28/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,846

Year Built

  • Built in 1983

Lot Details

  • Property fronts gulf or ocean
  • Property fronts a county road

HOA Fees

  • $432 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Newly Painted Property
  • Stucco

Interior Spaces

  • 835 Sq Ft Home
  • 1-Story Property
  • Woodwork
  • Living Room
  • Sauna
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, internet, legal/accounting, pest control, pool(s), tennis courts, trash, water
  • 119 Units
  • Anchor Management Association
  • High-Rise Condominium
  • Pelican Walk Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Game Room

Recreation

  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,846

Year Built

Built in 1983

Lot Details

0

HOA Fees

$432 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Pelican Walk
  • Architectural Style: High Rise
  • Entry Level: 7
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, Washer
  • Interior Amenities: Breakfast Bar, Elevator, New Paint, Other, Natural Woodwork
  • Spa Features: Community, Sauna
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 835.0
  • Dining Room Type: Full Bath, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
  • Stories: 10
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gas Heat, In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Utilities: Cable Connected, High Speed Internet Available, Other, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1295.0
  • Community Features: Barbecue, Clubhouse, Other, Pool, See Remarks, Tennis Court(s), Waterfront
  • Amenities: Beach Rights, Game Room, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association Name: Anchor Management
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Internet, Legal/Accounting, Pest Control, Pool(s), Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Partially

Multi Family

  • Number Of Units In Community: 119

Tax Info

  • Tax Annual Amount: 1846.0
  • Tax Year: 2019

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2020
Closed on
Aug 24, 2020
Sold by
Sheppard David R and Sheppard Nancy S
Bought by
Turner Sean and Turner Hedi
Seller's Agent
Marla Meyer
Shorelines Real Estate LLC
Buyer's Agent
Marla Meyer
Shorelines Real Estate LLC
List Price
$232,000
Sold Price
$223,000
Premium/Discount to List
-$9,000
-3.88%
Current Estimated Value
$365,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,662
Avg. Annual Appreciation
10.84%
Original Mortgage
$230,000
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 16, 2019
Sold by
Brooks Paula Leslie
Bought by
Sheppard David R and Sheppard Nancy S
Seller's Agent
Marla Meyer
Shorelines Real Estate LLC
Buyer's Agent
Tula Tucker
ResortQuest Real Estate
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.98%

Purchase Details

Closed on
Jan 11, 2008
Sold by
Brooks Johnny L and Brooks Paula L
Bought by
Brooks Paula Leslie
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Turner Sean $223,000 Mti Title Insurance Agcy Inc
Sheppard David R $220,000 Mti Title Insurance Agcy Inc
Brooks Paula Leslie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turner Sean $280,000
Closed Turner Sean $230,000
Previous Owner Brooks Johnny L $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $220,000 -- --
06/20/2022 06/20/22 Off Market $223,000 -- --
08/24/2020 08/24/20 Sold $223,000 -3.9% $267 / Sq Ft
06/10/2020 06/10/20 Pending -- -- --
02/28/2020 02/28/20 For Sale $232,000 +5.5% $278 / Sq Ft
12/16/2019 12/16/19 Sold $220,000 -4.3% $263 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
09/24/2019 09/24/19 For Sale $229,900 -- $275 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,341 $256,817 -- --
2023 $3,341 $233,470 $0 $303,160
2022 $2,719 $212,245 $0 $0
2021 $2,354 $192,950 $0 $192,950
2020 $2,416 $195,288 $0 $195,288
2019 $1,846 $146,625 $0 $146,625
2018 $2,181 $169,646 $0 $0
2017 $1,989 $154,224 $0 $0
2016 $1,868 $140,204 $0 $0
2015 $1,722 $127,458 $0 $0
2014 $1,632 $120,324 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 694744

Central Panhandle Association of REALTORS®

APN: 30585-575-000