9860 S Thomas Drive 523

Panama City Beach, FL 32408

$405,000

NEW LISTING Active

9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408
9860 S Thomas Drive 523, Panama City Beach, FL 32408

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Beds
3
Baths
2
Square feet
1,262
Year built
2008
Property type
A

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.
MLS IDX Listing Disclosure © 2026

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