Panama City Beach · Building Market Report
Laketown Wharf Resort Market Analytics
Every number a buyer, seller, or investor needs on one building: live inventory, closed-sale history, and the neighborhood around it - refreshed monthly from MLS data.
Inventory updated daily · Sale statistics updated November 1, 2026 · Next statistics update early December 2026
How the building is trading
16 units closed at Laketown Wharf Resort in the trailing 12 months at a median of $263,250, with a 95.7% median list-to-sale ratio. On the active side, 11 of 22 listings sit below original list price, and standing inventory works out to 16.5 months of supply at the current sales pace.
Scale is the first thing to understand here and the reason a single middle figure carries so little information. Seven hundred and sixty-five recorded units under one name produce a deep, constantly refreshed pool of comparable sales, which sounds like precision and is not, because the pool spans lake-facing and road-facing stacks, low levels and high, and two construction years. The structural discount is real and worth naming plainly: this footprint sits landward of the control line in Zone X, which leaves it outside the exposure that shapes an insurance quote on the far side of the road, and buyers pricing it against beachfront addresses are comparing two different risk positions. The useful comparison set is inside the property, sorted by outlook and level. Anything drawn from the beachfront blocks to the south answers a different question.
Year-over-year figures compare the 12 complete calendar months from November 2025 through October 2026 with the 12 before them. That window can differ from the trailing totals above, which run day-precise through November 1, 2026 rather than by whole calendar months.
| Period | Value |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | Sample too small |
| 2025 | $305K |
| 2026 YTD | $260K |
| Period | Value |
|---|---|
| 2022 | Sample too small |
| 2023 | Sample too small |
| 2024 | Sample too small |
| 2025 | $240 |
| 2026 YTD | $217 |
| Period | Value |
|---|---|
| Nov 24 | 0 |
| Dec 24 | 1 |
| Jan 25 | 3 |
| Feb 25 | 1 |
| Mar 25 | 0 |
| Apr 25 | 0 |
| May 25 | 1 |
| Jun 25 | 0 |
| Jul 25 | 1 |
| Aug 25 | 3 |
| Sep 25 | 0 |
| Oct 25 | 1 |
| Nov 25 | 2 |
| Dec 25 | 1 |
| Jan 26 | 1 |
| Feb 26 | 2 |
| Mar 26 | 2 |
| Apr 26 | 1 |
| May 26 | 1 |
| Jun 26 | 4 |
| Jul 26 | 1 |
| Aug 26 | 1 |
| Sep 26 | 0 |
| Oct 26 | 0 |
| Period | Value |
|---|---|
| Nov 24 | No data |
| Dec 24 | Sample too small |
| Jan 25 | $299K |
| Feb 25 | Sample too small |
| Mar 25 | No data |
| Apr 25 | No data |
| May 25 | Sample too small |
| Jun 25 | No data |
| Jul 25 | Sample too small |
| Aug 25 | $300K |
| Sep 25 | No data |
| Oct 25 | Sample too small |
| Nov 25 | Sample too small |
| Dec 25 | Sample too small |
| Jan 26 | Sample too small |
| Feb 26 | Sample too small |
| Mar 26 | Sample too small |
| Apr 26 | Sample too small |
| May 26 | Sample too small |
| Jun 26 | $249K |
| Jul 26 | Sample too small |
| Aug 26 | Sample too small |
| Sep 26 | No data |
| Oct 26 | No data |
The monthly charts cover the 24 complete calendar months from November 2024 through October 2026, and a month with no closings is a zero bar rather than a gap. Their last 12 months are the window the year-over-year figures compare.
Based on information from ECAR for the period November 2, 2021 through November 1, 2026.
From the active file
22 units are on the market at Laketown Wharf Resort today - a sample of the current file:
$279,900
9902 Thomas Drive Unit 1329
Panama City Beach, FL 32408
$405,000
9860 Thomas Drive Unit 523
Panama City Beach, FL 32408
$299,000
9860 Thomas Drive Unit 214
Panama City Beach, FL 32408
$239,000
9860 Thomas Drive Unit 1413
Panama City Beach, FL 32408
$305,000
9902 Thomas Drive Unit 838
Panama City Beach, FL 32408
$399,995
9860 Thomas Drive Unit 1825
Panama City Beach, FL 32408
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
The investor file
| Typical acquisition (median, 12 mo) | $263,250 |
|---|---|
| Middle-half range (25th-75th pct, 27 priced sales / 24 mo) | $250,500 - $330,000 |
| Median price, 2025 to 2026 | -14.8% ($305,000 to $260,000) |
| Average sale price (12 mo) | $286,809 |
| Sales volume, trailing 12 months | $4,588,940 |
| Sale price range, trailing 12 months | $220,000 - $385,000 |
| Bedrooms | Active | Sold (12 mo) | Median Sale Price |
|---|---|---|---|
| 1 BR | 5 | 3 | $250,000 |
| 2 BR | 4 | 7 | $238,200 |
| 3 BR | 12 | 6 | $343,750 |
| 4 BR | 1 | 0 | Sample too small |
Based on information from ECAR for the period November 2, 2021 through November 1, 2026.
Rental rules on the MLS today: 22 of 22 active listings disclose"Short Term Rental - Allowed". Always verify the association's current policy.
The neighborhood: Sdmi Center
Laketown Wharf Resort sits in or beside the Sdmi Center Census neighborhood - the area figures below describe that neighborhood, not this building alone.
Neighborhood Data
Sdmi Center at a Glance
9
Properties
$537K
Median Home Value
56%
Second Homes / Seasonal
Source: LiveBy, via the U.S. Census Bureau American Community Survey 2023. Figures are area estimates for general market context.
Demographic information is provided for general informational purposes only and must not be used to make housing decisions on the basis of race, color, religion, sex, familial status, national origin, disability, or any other protected class. Dream Destin Realty supports the Fair Housing Act and equal-opportunity housing.
Reading this file
Where do these numbers come from?
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty and refreshed on a 30-day cycle. Based on information from ECAR for the period November 2, 2021 through November 1, 2026. Neighborhood figures are LiveBy area estimates built on the U.S. Census American Community Survey.
Why is there no list of individual sold units?
16 units closed at Laketown Wharf Resort in the trailing 12 months, from $220,000 to $385,000. MLS rules do not allow individual sold listings to be displayed publicly, so this page shows building-level statistics only - ask us for the unit-by-unitsold report and we'll walk you through it.
How are thin samples handled?
Any figure computed from fewer than three sales is withheld rather than published - a one-sale "median" is just that sale's price. Counts always show; prices earn their way onto the page.
Thinking about buying or selling at Laketown Wharf Resort?
We track this building's sales and fees every month, and keep its rental rules on file - get the full picture before you commit.
- MLS market data (ECAR) - updated November 1, 2026
- Neighborhood data (LiveBy / U.S. Census ACS) - updated November 1, 2026
Sale and inventory statistics are computed from ECAR MLS data by Dream Destin Realty.
Market statistics on this page are provided for informational purposes only. Information is deemed reliable but not guaranteed, and figures are not a guarantee of future market performance. These figures are not tax, legal, or investment advice; consult the appropriate licensed professional before making a financial decision. Data as of November 1, 2026.
Sources
- Florida Department of Revenue: statewide cadastral parcel layer (accessed August 23, 2026)
- Bay County BayView map service: coastal construction control line (accessed August 23, 2026)
- Bay County BayView map service: mapped public beach accesses (accessed August 23, 2026)
- Florida Administrative Code rule 62B-26.024: Bay County coastal construction control line (accessed August 23, 2026)
- FEMA National Flood Hazard Layer: flood hazard zones (accessed August 23, 2026)
- City of Panama City Beach: charter and annexation records (accessed August 23, 2026)
- Florida Statutes section 718.112, 2026 compilation: structural integrity reserve study (accessed August 23, 2026)
- United States Census Bureau TIGERweb: areal hydrography (accessed August 23, 2026)
- City of Panama City Beach: short-term rental registration (accessed August 23, 2026)