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9860 S Thomas Drive

Panama City Beach, FL 32408

1 bed
2 baths
1,047 sqft
$267 per sqft
2008 build
– on site

Incredible Investment Opportunity! This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort. This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33,543, 2022/$27,882, 2023/$20,757, and 2024 $18,669 through August. Rental projections are approximately $25-35k/annually. Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat, overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line. Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink. This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining. Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.

Listing courtesy of ECARMLS / Real Broker LLC

Last checked: Checking… • Last updated Jan 12, 2025 •

MLS# 957411 —

The Building

Year Built:

2008
Architectural Style:

N/A
Construction Materials:

Concrete, Foundation On Piling, Stucco
Direction Faces:

None
Basement:

None
Foundation Details:

None
Exterior Features:

Balcony, BBQ Pit/Grill, Deck Open, Dock, Hot Tub, Patio Covered, Patio Open, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System
Patio And Porch Features:

None
Accessibility Features:

None
Security Features:

None
Stories Total:

21
Levels:

None
Building Area Total:

1047.0
Building Area Source:

Condo Docs
# of Buildings:

765

Interior

Rooms Total:

5
Interior Features:

Breakfast Bar, Floor Tile, Floor WW Carpet New, Furnished - Some, Kitchen Island, Lighting Track, Newly Painted, Renovated, Washer/Dryer Hookup, Woodwork Painted
Flooring:

None
Fireplace:

No
Fireplaces Total:

None
Fireplace Features:

None
Laundry Features:

None

Room Dimensions

Living Area:

None
Living Area Units:

None
Living Area Source:

None

Financial & Terms

Buyer Financing:

Conventional, VA, Other

Location

Directions:

Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's

The Property

Parcel Number:

40001-000-012
Property Type:

Residential
Property Subtype:

Condominium
Property Condition:

Construction Complete
Property Attached:

None
Lot Size Units:

Acres
Possible Use:

None
Topography:

None
View:

Lake, Lagoon
Waterfront:

true
Waterfront Features:

Lake, Pond
Water Body Name:

None

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

3271.0
Tax Legal Description:

LAKETOWN WHARF UNIT 114 TYPE C BLDG 2 ORB 2994 P 1890 1BR 2BA BUNK ORB 4128 P 980 1047 TOTAL SF

Beds

Bedrooms Total:

1

Baths

Total Baths:

2.0
Total Baths:

2
Full Baths:

2
Partial Baths:

None
Bathrooms Three Quarter:

None
Quarter Baths:

None

The Listing

Virtual Tour URL Branded:

None
Virtual Tour URL Unbranded:

https://www.zillow.com/view-imx/e2e8cc9b-833f-44f3-b57c-48c8ca4eba21?initialViewType=pano&utm_source=dashboard&wl=true&setAttribution=mls
Home Warranty:

No

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Electric, Phone, Public Sewer, Public Water, TV Cable
Electric:

None
Sewer:

None

Appliances

Appliances:

Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
Dryer:

true
Washer:

true
Disposal:

true
Microwave:

true
Dishwasher:

true

Schools

Elementary School:

Breakfast Point
Elementary School District:

None
Middle Or Junior School:

Breakfast Point
Middle Or Junior School District:

None
High School:

Arnold

The Community

Subdivision Name:

Laketown Wharf Phase II
Senior Community:

No
Community Features:

BBQ Pit/Grill, Dock, Dumpster, Elevators, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, TV Cable, Whirlpool
Pool Private:

None
Pool Features:

Pool Type
Spa Features:

None
Pets Allowed:

None
Association:

true
Association Amenities:

None
Association Fee:

None
Association Fee Includes:

Ground Keeping, Insurance, Land Recreation, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash
Association Fee Frequency:

Quarterly
Association Fee 2:

2310.0

Parking

Carport:

false

Monthly cost estimate

Asking price

$279,900

Expense	Monthly cost
Mortgage	$1,498
Taxes	$272
Insurance	$76
Utilities	$109 See report
Total	$1,955/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Transit Score®

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Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
1/8/25 Jan 8, 2025	Price Changed	ECARMLS	$279,900	-3.4%
12/21/24 Dec 21, 2024	Relisted	ECARMLS	$289,900
12/21/24 Dec 21, 2024	Pending	ECARMLS	$289,900

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This condo located in Panama City Beach Estates, Panama City Beach, FL 32408 is currently for sale for $279,900. 9860 S Thomas Drive is a 1,047 square foot condo with 1 bed and 2 baths that has been on Estately for 154 days. 9860 S Thomas Drive is in the Panama City Beach Estates neighborhood of Panama City Beach and has a WalkScore® of 39, making it car-dependent.

Listing Courtesy of: ECARMLS and Real Broker LLC.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.