NOT LISTED FOR SALE

Pelican Walk 6905 Thomas Dr Unit 803 Panama City, FL 32408

Estimated Value: $353,000 - $390,000

1 Bed
2 Baths
835 Sq Ft
$443/mo HOA Fee

Last Sold July 18, 2022

Last sale price $380,000 $455 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,736/month

2 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • Gated Parking

About This Home

As of July 2022

Beautiful Gulf Front 1 bedroom/2 full bath condo sold fully furnished including Murphy bed offers a corner balcony overlooking the Gulf of Mexico boasting gorgeous views of the beach! This colorfully decorated, beachy condo sleeps up to 6 people and has great rental income potential! This property is currently only rented to friends and family with income being 16k for 2022 YTD. With regular owner usage and rental rates, management companies project this unit could bring up to $40k annually in gross short term rental income! Pelican Walk is one of the few condos that allow renters to bring pets! Pelican Walk is a very well maintained, 10-story complex with tons of amenities including 2 Gulf Front pools (1 seasonally heated), hot tub, fitness room, tennis, pickle ball and racquet courts

Last Agent to Sell the Property

Daniel Walker

EXP Realty LLC License #3249511 Listed on: 07/01/2022

Last Buyer's Agent

Fred Peak

Jim Free Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,354

Year Built

  • Built in 1983

Lot Details

  • Property fronts gulf or ocean

HOA Fees

  • $443 Monthly HOA Fees

Interior Spaces

  • 835 Sq Ft Home
  • Furnished
  • Living Room
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Parking

  • Gated Parking
  • Additional Parking
  • Parking Lot
  • Parking Permit Required

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

Overview

  • Association fees include pool(s)
  • High-Rise Condominium
  • Pelican Walk Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Game Room
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,354

Year Built

Built in 1983

Lot Details

0

HOA Fees

$443 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1983
  • Property Sub Type: Condominium
  • Lot Size: NA
  • Road Frontage Type: City Street
  • Subdivision Name: Pelican Walk
  • Architectural Style: High Rise
  • Entry Level: 8
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 835.0
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Additional Parking, Gated, Permit Required, Parking Lot
  • Garage: No

Utilities

  • Utilities: Electricity Connected
  • Security Features: Gated Community, 24 Hour Security
  • Cooling: Electric
  • Heating: Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 1327.71
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Game Room, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Pool(s)

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2354.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2022
Closed on
Jul 18, 2022
Sold by
Brown Tony M and Hicks Bronwyn
Bought by
Sunshine State Beach Property Holdings Llc
Seller's Agent
Daniel Walker
EXP Realty LLC
Buyer's Agent
Fred Peak
Jim Free Realty LLC
List Price
$399,999
Sold Price
$380,000
Premium/Discount to List
-$19,999
-5%
Current Estimated Value
$369,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,115
Avg. Annual Appreciation
-0.31%

Purchase Details

Closed on
Dec 2, 2013
Sold by
Kemp Gerald and Kemp Wanda
Bought by
Brown Tony M and Brown Bronwyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 16, 2004
Sold by
Brown Robert and Brown Brenda
Bought by
Kemp Gerald and Kemp Wanda

Purchase Details

Closed on
May 25, 2001
Sold by
Browning Larry L
Bought by
Brown Robert and Brown Brenda
Source: Public Records

Range of Values:

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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
Sunshine State Beach Property Holdings Llc $380,000 None Listed On Document
Brown Tony M $150,000 Dba Bay County Land & Abstra
Kemp Gerald $250,000 Lawyers Title Agency Of Nort
Brown Robert $145,500 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Tony M $55,000
Previous Owner Brown Tony M $114,800
Previous Owner Brown Tony M $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Off Market $380,000 -- --
07/18/2022 07/18/22 Sold $380,000 -5.0% $455 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
07/01/2022 07/01/22 For Sale $399,999 -- $479 / 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 $303,160 $0 $303,160
2022 $2,719 $212,245 $0 $0
2021 $2,354 $192,950 $0 $192,950
2020 $2,362 $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 $1,637 $121,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Daniel Walker

    EXP Realty LLC

  • Fred Peak

    Buyer's Agent in 2022

    Fred Peak

    Jim Free Realty LLC

    (850) 776-7522

    20 in this area

    49 Total Sales

    Fred Peak
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About Pelican Walk

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 728917

Central Panhandle Association of REALTORS®

APN: 30585-587-000

Florida Bay County Panama City 32408

6905 Thomas Dr Unit 803, Panama City, FL

This home is located at 6905 Thomas Dr Unit 803, Panama City, FL 32408 since 01 July 2022 and is currently estimated at $369,885, approximately $442 per square foot. This property was built in 1983. 6905 Thomas Dr Unit 803 is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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