9860 S Thomas DR #UNIT 1007 Panama City Beach, 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
MLS Listing ID 1003074
Bedrooms 3
Full Baths 2
HOA Y/N Yes
Year Built 2008
Annual Tax Amount $4,385
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1262
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 Short Term Rental - Allowed, Pickle Ball, Bbq Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Picnic Area, Pool, Tv Cable
Area 27 - Bay County
Direction Located at the Corner of Front Beach Road and South Thomas Drive, Across from Pineapple Willy's.
Rooms
Primary Bedroom Level Main
Master Bedroom true
Kitchen true
Interior
Interior Features Owner's Closet
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Vinyl
Appliance Dishwasher, Dryer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, Balcony
Pool Pool Type
Community Features Short Term Rental - Allowed, Pickle Ball, BBQ Pit/Grill, Beach, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Pavillion/Gazebo, Picnic Area, Pool, TV Cable
Utilities Available Community Water, Electric, TV Cable
View Lake, Gulf
Garage No
Building
Faces Located at the Corner of Front Beach Road and South Thomas Drive, Across from Pineapple Willy's.
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Pets Allowed No
HOA Fee Include Ground Keeping,Internet Service,Management,Master Association,Recreational Faclty,Security,Sewer,Water,Cable TV,Trash
Tax ID 40001-000-332
NEARBY SCHOOL & BUSINESS
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