NOT LISTED FOR SALE

Pelican Walk 6905 Thomas Dr Unit 901 Panama City, FL 32408

Estimated Value: $625,000 - $729,000

3 Beds
2 Baths
1,550 Sq Ft
$775/mo HOA Fee

Last Sold April 28, 2021

Last sale price $510,000 $329 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,997/month

4 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Furnished
  • Patronis Elementary School Rated A-
  • In Ground Pool
  • Tennis Courts

About This Home

As of April 2021

GULF FRONT 3 bed-2 bath end unit with an expansive east view of the Gulf and Panama City Beach. Conveniently located on Thomas Drive, Pelican Walk 901 is a recently renovated 1550 sq ft condo! Take in the views from the gulf front wrap-around balcony and the master bedroom private balcony. Recently updated - New coastal decor and furnishings in 2020! Excellent Vacation Rental Investment opportunity with gross revenue of $50k+ annually.Pelican Walk Condominiums has a number of amenities, featuring 2 Gulf Front pools (one seasonally heated), hot tub, tennis, pickle ball, & racquetball courts, shuffleboard, grilling/picnic areas with gas & charcoal grills, and a communal owners lounge/club room! And, just a short drive away is gorgeous St. Andrews State Park!

Last Agent to Sell the Property

Marla Meyer

Shorelines Real Estate LLC License #SL3318819 Listed on: 04/12/2021

Last Buyer's Agent

Marla Meyer

Shorelines Real Estate LLC License #SL3318819 Listed on: 04/12/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,931

Year Built

  • Built in 1983

Lot Details

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

HOA Fees

  • $775 Monthly HOA Fees

Parking

  • Parking Lot

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Living Room
  • Dining Room
  • Storage
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Community Spa
  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,931

Year Built

Built in 1983

Lot Details

0

HOA Fees

$775 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: 9
  • Unit Levels: One
  • Building Stories: 1
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Storage
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1550.0
  • Dining Room Type: Dining Room, Living Room, Primary Bedroom
  • Stories: 10
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community, Pool
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Exterior Features: Built-in Barbecue, Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Parking Lot
  • Garage: No

Utilities

  • Utilities: Cable Connected, Other, Trash Collection, Water Connected
  • Cooling: Central Air, Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2324.79
  • Community Features: Barbecue, Beach, Elevator, Other, Park, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

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

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished
  • Lease Term: Weekly

Multi Family

  • Number Of Units In Community: 118

Tax Info

  • Tax Annual Amount: 3931.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Apr 28, 2021
Sold by
Matthews Robert and Matthews Lindsay
Bought by
Rose Consulting Llc
Seller's Agent
Marla Meyer
Shorelines Real Estate LLC
Buyer's Agent
Marla Meyer
Shorelines Real Estate LLC
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%
Current Estimated Value
$671,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,455
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
Sep 30, 2019
Closed on
Dec 2, 2019
Sold by
Gnyp Andrew and Gnyp Alene M
Bought by
Matthews Robert and Matthews Lindsay
Seller's Agent
Marla Meyer
Shorelines Real Estate LLC
Buyer's Agent
Marla Meyer
Shorelines Real Estate LLC
List Price
$399,000
Sold Price
$392,500
Premium/Discount to List
-$6,500
-1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Listed on
Jan 5, 2017
Closed on
Feb 17, 2017
Sold by
Bucari Bucari C and Bucari Mary Ann
Bought by
Gnyp Andrew and Gnyp Alene M
Seller's Agent
Anne Stroud
Top Producers Real Estate Ctr
Buyer's Agent
Anne Stroud
RE/MAX Real Estate Center
List Price
$319,000
Sold Price
$291,524
Premium/Discount to List
-$27,476
-8.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.25%
Original Mortgage
$233,220
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2002
Sold by
Murdaugh Randall
Bought by
Bucari C George and Bucari Mary Ann
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
Rose Consulting Llc $510,000 Mti Title Insurance Agcy Inc
Matthews Robert $392,500 Mti Title Insurance Agcy Inc
Gnyp Andrew $291,525 Mti Title Ins Agency Inc
Bucari C George $252,500 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Matthew Robert $300,000
Previous Owner Gnyp Andrew $233,220
Previous Owner Bucari C George $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2022 06/20/22 Off Market $510,000 -- --
06/20/2022 06/20/22 Off Market $392,500 -- --
06/20/2022 06/20/22 Off Market $291,524 -- --
04/28/2021 04/28/21 Sold $510,000 +2.2% $329 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/12/2021 04/12/21 For Sale $499,000 +27.1% $322 / Sq Ft
12/02/2019 12/02/19 Sold $392,500 -1.6% $253 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $399,000 +36.9% $257 / Sq Ft
02/17/2017 02/17/17 Sold $291,524 -8.6% $188 / Sq Ft
02/04/2017 02/04/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $319,000 -- $206 / 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 $6,751 $568,162 -- --
2023 $6,751 $562,751 $0 $562,751
2022 $5,471 $469,555 $0 $469,555
2021 $4,259 $351,794 $0 $351,794
2020 $3,931 $319,813 $0 $319,813
2019 $2,829 $226,355 $0 $226,355
2018 $3,373 $266,300 $0 $0
2017 $3,147 $246,500 $0 $0
2016 $2,982 $229,160 $0 $0
2015 $2,957 $221,000 $0 $0
2014 $2,815 $209,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 710244

Central Panhandle Association of REALTORS®

APN: 30585-597-000