9860 S Thomas Drive 523
Panama City Beach, FL 32408
$405,000
NEW LISTING Active
Description
RENTAL MACHINE WITH A PROVEN TRACK RECORD! Generating over $60,000 annually in rental revenue for each of the past three years, this beautifully furnished 3-bedroom condo at Laketown Wharf offers an exceptional opportunity for investors and second-home buyers alike!
Positioned in one of the most desirable stacks in the building, this unit boasts uninterrupted Gulf views from the spacious living room, kitchen, and primary bedroom. An expansive private balcony stretches across both the living area and primary suite, providing the perfect setting to enjoy breathtaking views of the emerald waters and sugar-white sands of Panama City Beach.
Thoughtfully decorated, furnished, and equipped with both comfort and rental performance in mind, this property is truly turnkey and ready to serve as your personal coastal retreat or income-producing short-term rental.
Laketown Wharf offers a resort-style experience with multiple swimming pools, on-site restaurants and shopping, fitness amenities, and a variety of activities for owners and guests. Conveniently located in the heart of Panama City Beach, the resort provides easy access to the area's renowned beaches, dining, entertainment, and attractions.
With a proven rental history, spectacular Gulf views, and an unbeatable combination of location and amenities, this property checks all the boxes! Don't miss your opportunity to own a turnkey investment in one of Panama City Beach's most recognizable resort communities!
Listing details MLS# 1014688
Location, Tax and Legal
- Area
- 27 - Bay County
- Sub area
- 2723 - Beach - South of Grand Lagoon
- Subdivision
- LAKETOWN WHARF
- County
- Bay
- Parcel ID
- 40001-000-158
- Tax year
- 2026
- Annual tax
- 3058.83
- Legal description
- LAKETOWN WHARF UNIT 523 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4727 P 1965 1262 TOTAL SF
General Property Info
- Property type
- Residential
- Year built
- 2008
- Stories
- 21
- New construction
- No
- Condition
- Renovated, Construction Complete
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Full baths
- 2
- Building area
- 1262
- Heating
- Central
- Cooling
- Central Air
- Flooring
- Floor Tile, Floor Vinyl
- Interior features
- Breakfast Bar, Newly Painted, Owner's Closet, Pantry
- Appliances
- Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer
- Total rooms
- 5
Exterior and Site
- Construction
- Concrete, Stucco
- Roof
- Roof Concrete
- Foundation
- Foundation On Piling
- Exterior features
- Balcony, BBQ Pit/Grill, Hot Tub, Lawn Pump, Pavillion/Gazebo
- Patio and porch
- Patio Open
- Parking
- Garage
- Pool
- No
- Pool features
- Pool - In-Ground, Pool Type
- View
- Lake, Gulf
Utilities
- Utilities
- Electric, Phone, Public Water, TV Cable
- Sewer
- Public Sewer
Schools
- Elementary
- Breakfast Point
- Middle school
- Breakfast Point
- High school
- Arnold
Association and Fees
- Association
- Yes
- Association fee
- 3195.61
- Fee frequency
- Quarterly
- Fee includes
- Ground Keeping, Internet Service, Management, Recreational Faclty, Sewer, Water, Cable TV, Trash
Remarks and Misc
- Directions
- The property is situated on the furthest west end of Thomas drive across from the Shores Of Panama and Pineapple Willies.