Pelican Walk Condos for Sale

See current condos for sale at 6905 Thomas Drive in Panama City Beach. Compare Gulf views, resort amenities, parking and ownership costs before buying.

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Quick Summary: Pelican Walk is a Gulf-front condominium resort at 6905 Thomas Drive on the east end of Panama City Beach, Florida. Browse the current listings above, then compare the individual condo's Gulf view, floor plan, condition and total ownership costs. Pelican Walk offers approximately 119–120 units in a 10-story tower built in 1983, two Gulf-front pools (one heated), a sauna and hot tub, racquetball, shuffleboard and pickleball/tennis courts, and a location minutes from Grand Lagoon and St. Andrews State Park.

Pelican Walk condos may work as second homes, vacation properties or short-term rentals, subject to current condominium rules. Buyers should verify HOA fees, insurance, reserves, assessments, financing, parking rules and realistic net rental income before making an offer.

View Pelican Walk Condos for SaleCall or Text Roger: 850-596-5844

Is Pelican Walk right for your condo search?

Pelican Walk can be a good fit for buyers who want a Gulf-front Panama City Beach condo in a quieter east-end setting, with Gulf-view balconies, an extensive amenity package and a location minutes from St. Andrews State Park and Grand Lagoon. It may appeal to vacation-rental investors, second-home buyers and owners who want to spend part of the year at the beach.

The beachfront location and resort amenities can help attract vacation guests, but that does not automatically make every unit a strong investment. Floor plan, floor level, Gulf view, balcony position, interior condition, furnishings, rental history and total ownership expenses can create substantial differences between two condos in the same building.

Before purchasing, review both the individual condo and the condominium association. Current dues, insurance, reserves, structural reports, pending projects, special assessments and rental rules can matter just as much as the asking price.

Pelican Walk Condominiums at a glance

  • Address: 6905 Thomas Drive, Panama City Beach, FL 32408
  • Location: Gulf-front on the east end of Panama City Beach, near Grand Lagoon and St. Andrews State Park
  • Property type: Gulf-front condominium resort
  • Year completed: Built in 1983, per most public records; 10 stories
  • Typical units: Approximately 119–120 total units; 1-bedroom/2-bath condos around 835 square feet; 2-bedroom/2-bath condos around 1,430–1,650 square feet (some with a bonus den area and wrap-around Gulf-front balconies); 3-bedroom/2-bath condos around 1,556 square feet; many with Gulf-view balconies
  • Typical uses: Second home, vacation property, primary residence or short-term rental, subject to current rules
  • Beach access: Direct beach access to the Gulf
  • Parking: Open surface parking; verify unit-specific parking rights, passes and vehicle restrictions with the association

Building information can change or differ among public sources. Buyers should verify unit dimensions, parking rights, storage, association responsibilities and all material facts through the current listing, condominium documents, association records and professional inspections.

Pelican Walk Condominiums amenities

  • Two Gulf-front pools, one heated
  • Sauna and hot tub
  • Racquetball court
  • Shuffleboard
  • Pickleball/tennis courts
  • Pet walk
  • Lush landscaping with central fountain
  • Two large grilling areas
  • Community room/owners lounge
  • Clubhouse
  • Game room
  • Open surface parking
  • Direct beach access

Amenity availability, operating hours, pool-heating schedules and access policies can change. Confirm current information with the condominium association before relying on a particular amenity.

Parking, pets and beach access

Day-to-day details at Pelican Walk:

  • Parking: Open surface parking. Confirm current fees, vehicle limits and unit-specific parking rights with the association.
  • Beach access: Direct beach access leads to the Gulf-front beach.
  • Pets: Verify owner-pet rules and assistance-animal accommodations directly with the association before buying.

Obtain the current written rules before buying or booking. Posted hours and procedures may change.

What types of condos are available at Pelican Walk?

Pelican Walk offers 1-bedroom/2-bath condos around 835 square feet, 2-bedroom/2-bath condos around 1,430–1,650 square feet (some with a bonus den area and wrap-around Gulf-front balconies) and 3-bedroom/2-bath condos around 1,556 square feet. Many units feature Gulf-view balconies.

Do not rely only on the advertised bedroom count. Review the floor plan, property records and appraisal requirements carefully.

When comparing Pelican Walk condos, pay attention to:

  • Direct versus angled Gulf views
  • Floor level and balcony exposure
  • Balcony size and orientation
  • Interior versus corner location
  • Distance from elevators
  • HVAC and water-heater age
  • Doors, windows and storm protection
  • Flooring, furnishings and appliance condition
  • Washer and dryer availability
  • Parking and storage rights
  • Documented rental history

Pelican Walk Condominiums location

Pelican Walk sits on the east end of Panama City Beach at 6905 Thomas Drive, near Grand Lagoon and St. Andrews State Park. The Gulf-front resort provides direct beach access while keeping seafood restaurants, beach bars, family attractions and everyday services within a short drive.

Pelican Walk is not next to Pier Park. Buyers who place the highest priority on walking to Pier Park may prefer a building farther west. Pelican Walk is generally better suited to buyers who want a quieter east-end setting, direct beach access and proximity to St. Andrews State Park, Grand Lagoon and the Thomas Drive restaurant corridor.

Panama City Beach live webcam — Pineapple Willy’s

Watch the beach and Gulf from Pineapple Willy’s on South Thomas Drive. This camera shows Pineapple Willy’s beach area, not the beach directly in front of Pelican Walk.

Pineapple Willy’s beach camera preview overlooking the Gulf and pier in Panama City Beach

Click the image or link below to open the live camera. Preview image courtesy of Pineapple Willy’s.

Watch Pineapple Willy’s live beach cams

Restaurants and things to do near Pelican Walk

Owners and guests at Pelican Walk have some of Panama City Beach’s best-known seafood restaurants and outdoor attractions within a short drive on the east end and along Thomas Drive:

  • Schooners — the Last Local Beach Club: beachfront seafood, live music and sunset views at 5121 Gulf Drive.
  • Pineapple Willy’s — beachfront seafood, World Famous BBQ ribs and frozen daiquiris on S. Thomas Drive.
  • Salty Sue’s — seafood, steaks and barbecue on Panama City Beach Parkway.
  • Capt. Anderson’s Marina — deep-sea fishing, dolphin tours, sunset cruises and Shell Island trips from Grand Lagoon.
  • St. Andrews State Park — snorkeling, nature trails, the jetty and some of the area’s best beaches.
  • Pier Park — more than 120 shops, restaurants and entertainment venues farther west on Front Beach Road.

Hours, menus and tour schedules change seasonally. Check each business directly before planning a visit.

Nearby condominiums

Buyers comparing Pelican Walk often tour these nearby Gulf-front buildings:

Can Pelican Walk condos be used as vacation rentals?

Many Pelican Walk condos have historically been marketed and operated as vacation rentals, and short-term rental is reported as allowed. However, buyers should never assume rental permission based on an old listing or another owner’s rental advertisement — verify the current rules before buying.

Before purchasing a Pelican Walk condo for short-term rental use, verify:

  • Current condominium declaration and rental restrictions
  • Minimum rental period, if any
  • Guest age and occupancy requirements
  • Registration and parking-pass procedures
  • Pet, smoking and balcony rules
  • Required local and state licenses
  • Sales and tourist-development tax obligations
  • Management-company requirements or restrictions
  • Whether future reservations transfer with the sale
  • Any restrictions on owner use during booked periods

Confirm the property’s jurisdiction, then review the applicable City of Panama City Beach short-term rental information and confirm the requirements that apply to the individual property.

You can also read Can You Use a Panama City Beach Condo as a Vacation Rental?

How should buyers evaluate Pelican Walk rental income?

Gross rental revenue is only the first number to review. A strong-looking revenue figure can produce disappointing cash flow after management fees, association dues, utilities, cleaning, maintenance, insurance, taxes, supplies, licensing and periodic improvements are deducted.

A realistic Pelican Walk rental analysis should consider:

  • At least 12 to 24 months of unit-specific rental statements when available
  • Owner stays and blocked dates
  • Management, booking and credit-card fees
  • Association dues and included utilities
  • Property taxes and insurance
  • Electricity, internet and subscription services
  • Cleaning, linen and guest-service charges
  • Furniture, appliance and HVAC replacement
  • Seasonality and changes in nightly rates
  • Competing inventory within Pelican Walk and nearby resorts
  • Future association projects or assessments

Do not apply one condo’s rental performance to every unit in the building. View, floor plan, condition, photography, reviews, furnishings, sleeping capacity, management quality and owner usage can materially affect revenue.

HOA fees, insurance and possible assessments

Pelican Walk buyers should obtain and review current association documents rather than relying on an old MLS listing or an online estimate. Do not rely on published HOA amounts; verify current figures with the HOA.

Because Pelican Walk is a 1980s Gulf-front building, pay particular attention to insurance costs and the association’s approach to major maintenance. Buyers should review HOA reserves, recent special assessments and current insurance costs, and ask about planned work on the roof, exterior, balconies, elevators and other major building systems. Older Gulf-front condos can face higher insurance costs and larger capital projects than newer buildings.

Request the following during due diligence:

  • Current condominium budget
  • Current monthly or quarterly assessments
  • Details of what the dues include
  • Reserve balances and reserve-funding plan
  • Recent board and owner meeting minutes
  • Current master insurance information
  • Open insurance claims or litigation
  • Pending or approved special assessments
  • Recent engineering or structural reports
  • Milestone inspection information, when applicable
  • Structural integrity reserve study information, when applicable
  • Planned elevator, roof, waterproofing, balcony or exterior work
  • Rental, pet, parking and renovation rules

Association fees and assessment information can change. Current figures should be verified for the individual condo through the seller, listing agent, association, lender and closing professionals.

Financing a Pelican Walk condo

Condo financing depends on both the borrower and the building. A buyer can have excellent credit and still encounter financing problems if a lender has concerns about insurance, reserves, commercial space, owner occupancy, pending litigation, structural reports or other project-level requirements.

Before making an offer, speak with a lender who regularly finances Panama City Beach resort condos. Ask whether the lender has recently approved loans in Pelican Walk and which project documents will be required.

Read Warrantable vs. Non-Warrantable Condos in Panama City Beach.

Cash buyers should complete the same association and building review. Paying cash removes the lender’s project review; it does not remove the underlying risk.

Important issues to check before buying

  • Confirm the exact view. “Gulf view” can describe different sightlines. Visit the condo or request current, unedited balcony photographs.
  • Review the association. An updated interior does not offset weak reserves, insurance problems or a major pending assessment.
  • Verify parking. Confirm passes, access, oversized-vehicle restrictions and guest parking rules.
  • Check elevator access. High-floor views are attractive, but elevator demand and downtime can affect owners and rental guests.
  • Inspect mechanical systems. Determine the age and condition of the HVAC system, water heater, appliances and shutoff valves.
  • Confirm rental rules in writing. Do not rely on what another owner or rental manager is currently doing.
  • Study net income. Separate gross booking revenue from the money the owner actually retained.
  • Obtain insurance quotes early. Discuss unit-owner coverage, contents, liability, flood considerations and loss-assessment coverage with a Florida insurance professional.
  • Verify pet rules. Confirm owner-pet rights and assistance-animal accommodations with the association before buying.
  • Review upcoming work. Ask about elevators, balconies, exterior coatings, waterproofing, windows, doors, roofing and pool-area projects.

Pelican Walk compared with other Panama City Beach condos

Buyers often compare Pelican Walk with Shores of Panama, Treasure Island, Boardwalk Beach Resort, En Soleil, Majestic Beach Resort, Edgewater Beach & Golf Resort and other Gulf-front buildings. Important differences include location, unit size, amenities, parking, rental rules, association finances, insurance and total ownership costs.

Use the Panama City Beach Condo Buildings Comparison Guide to compare popular resorts by location and buyer fit.

The best building is not necessarily the newest, least expensive or the one reporting the highest gross rental revenue. It is the building whose rules, financial condition, ownership costs and location fit your intended use and risk tolerance.

Buying a Pelican Walk condo

A buyer’s review should go beyond touring the condo. Roger Rietsema helps buyers compare the individual unit, recent sales, association information, financing questions, insurance concerns, rental history and estimated ownership costs before important contract deadlines expire.

Buyer representation may include:

  • Reviewing current Pelican Walk listings
  • Comparing recent sales and competing resorts
  • Identifying price, view and condition differences
  • Requesting rental records and expense information
  • Coordinating with condo lenders and insurance agents
  • Reviewing available association information
  • Negotiating price, furnishings and contract terms
  • Coordinating inspections and the final walkthrough

No rental return, financing approval or future appreciation can be guaranteed. The goal is to understand the property and its risks before becoming contractually committed.

Selling a Pelican Walk condo

Pelican Walk owners need more than general Panama City Beach marketing. Buyers frequently ask about dues, assessments, reserves, insurance, rental history, financing, parking, furnishings and view quality before deciding whether to tour or make an offer.

A strong listing strategy should include:

  • Accurate pricing based on Pelican Walk sales and competing condos
  • Professional photography of the interior, balcony, view and amenities
  • Clear disclosure of fees and known assessments
  • Organized rental history when the condo has been rented
  • A furnishings inventory when appropriate
  • Information about the HVAC system, water heater and major improvements
  • Clear showing instructions around guest reservations
  • Marketing to second-home and investment buyers
  • Early attention to lender and insurance questions

If the condo is actively rented, future reservations, deposits, management agreements and guest access must be handled carefully. Those details can affect contract terms and closing preparation.

Useful buyer resources and planning a visit

Start with what to know before buying a Panama City Beach condo and the current Panama City Beach housing market guide. Broad market trends provide context; use Pelican Walk-specific closed sales and a unit-level expense estimate when evaluating an offer.

Frequently asked questions about Pelican Walk

Where is Pelican Walk?

Pelican Walk is located directly on the Gulf at 6905 Thomas Drive in Panama City Beach, Florida 32408, on the east end near Grand Lagoon and St. Andrews State Park.

Is Pelican Walk directly on the beach?

Yes. The condominium building and its main amenities are Gulf-front, with direct beach access.

When was Pelican Walk built?

Pelican Walk was built in 1983, per most public records. The 10-story tower has approximately 119–120 units.

What types of condos are at Pelican Walk?

Pelican Walk offers 1-bedroom/2-bath condos around 835 square feet, 2-bedroom/2-bath condos around 1,430–1,650 square feet (some with a bonus den area and wrap-around Gulf-front balconies) and 3-bedroom/2-bath condos around 1,556 square feet, many with Gulf-view balconies.

What amenities does Pelican Walk have?

The resort offers two Gulf-front pools (one heated), a sauna and hot tub, a racquetball court, shuffleboard, pickleball/tennis courts, a pet walk, lush landscaping with a central fountain, two large grilling areas, a community room/owners lounge, a clubhouse, a game room, open surface parking and direct beach access.

Does Pelican Walk allow short-term rentals?

Many Pelican Walk condos have historically operated as vacation rentals, and short-term rental is reported as allowed. Buyers must verify current condominium documents, local registration requirements and rules applying to the specific condo.

Is Pelican Walk pet-friendly?

Verify owner-pet rules and assistance-animal accommodations with the association before buying or booking.

Does Pelican Walk have parking?

Pelican Walk has open surface parking. Confirm assigned or unassigned rights, vehicle limits and current fees for the specific condo with the association.

What are the HOA fees at Pelican Walk?

Fees depend on the current association budget and may differ by unit. Request written association verification or a current estoppel rather than relying on an older listing. Do not rely on published HOA amounts.

Are there special assessments at Pelican Walk?

Assessment information can change. Because Pelican Walk is a 1980s Gulf-front building, buyers should pay particular attention to reserves and recent special assessments. Review current association records, meeting minutes, budgets, engineering information and written disclosures before completing a purchase.

Can I finance a Pelican Walk condo?

Financing may be available, but approval depends on the borrower, condo and condominium project. Contact a lender experienced with Panama City Beach resort condos before making an offer.

Is Pelican Walk a good rental investment?

Some units may produce attractive rental revenue, but performance varies. Purchase price, view, floor plan, furnishings, management, owner use and total expenses must be evaluated for the individual condo. Do not rely on published rental-income figures.

Does Pelican Walk have a beach cam?

This guide links to Pineapple Willy’s live beach cam on South Thomas Drive. The camera shows Pineapple Willy’s beach area, not the beach directly in front of Pelican Walk.

Current Pelican Walk condos for sale

Current Pelican Walk listings appear near the top of this page. Availability can change quickly. If you do not see a condo that fits your needs, Roger can check the MLS for active listings, coming-soon properties, recent sales and units that may return to the market.

Search current Pelican Walk condos

Talk with a local Panama City Beach condo specialist

Before buying a Pelican Walk condo, compare the asking price, Gulf view, condition, association finances, insurance, rental history and likely ownership expenses. A lower-priced condo is not always the better value if it needs substantial work or carries greater association risk.

Roger Rietsema, Realtor®
Allison James Estates & Homes
Panama City Beach and 30A Real Estate

Call or text: 850-596-5844
Email: [email protected]

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About this guide and sources

Prepared for SellFL.net by Roger Rietsema, Realtor® with Allison James Estates & Homes, serving Panama City Beach and 30A buyers and sellers.

Building facts were checked against MLS records and public sources. These public sources do not replace the current governing documents, budget or written association confirmation. Verify HOA fees, pet policies and rental-income figures directly with the association.

Last updated and sources checked: October 2, 2026. Property information, amenities, association rules, fees, insurance, assessments, rental policies and availability can change. Verify all material information through current condominium documents, the association, MLS information, inspections, lenders, insurance professionals and closing professionals.

Pelican Walk Condos for Sale

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