9860 S Thomas DR #1007 Panama City, FL 32408
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,262 sqft
Price per Sqft $301
Subdivision Laketown Wharf Phase Ii
MLS Listing ID 789890
Style High Rise
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Year Built 2008
Annual Tax Amount $4,386
Tax Year 2025
Property Sub-Type Condominium
Property Description
Inside, the open-concept living space is filled with natural light and flows to a private balcony overlooking the Gulf, perfect for morning coffee or relaxing after a day on the beach. The layout is designed to maximize occupancy with a spacious bedroom and additional bunk space, making it highly appealing for short-term rentals.
Located in a resort-style community, owners and guests enjoy multiple pools, beach access, a fitness center, and on-site dining, all contributing to strong rental demand. Positioned along one of the most desirable stretches of Panama City Beach, you are just minutes from popular attractions, waterfront dining, shopping, fishing charters, and family-friendly entertainment.
This is a turnkey opportunity for investors seeking income potential in a high-demand beach market or buyers wanting a vacation home that can help offset costs through rentals.
Seller financing available at 5% interest with a 3 to 4 year balloon, amortized over 30 years, with 20% down, adding flexibility to an already strong investment opportunity.
Location
State FL
County Bay
Community Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Community Pool, Gated, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central, Electric
Cooling Central Air, Ceiling Fan(s)
Fireplace No
Appliance Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Ice Maker
Laundry Stacked
Exterior
Parking Features Gated
Pool Fenced, In Ground, Community
Community Features Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Community Pool, Gated, Short Term Rental Allowed
Utilities Available Electricity Available
Amenities Available Gazebo, Picnic Area, Spa/Hot Tub
View Y/N Yes
View Gulf, Lake
Porch Balcony
Private Pool No
Building
Lot Description Paved
Sewer Public Sewer
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 40001-000-332
Security Features Security Gate,Gated with Guard,Secured Garage/Parking,Gated Community,24 Hour Security,Security Fence,Security Guard,Security Service,Smoke Detector(s)
Financing Seller Financing
Special Listing Condition Listed As-Is
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION