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9860 S Thomas Drive 305, Panama City Beach, FL 32408 Active 1 / 37
$255,000

9860 S Thomas Drive 305, Panama City Beach, FL 32408

Panama City Beach, FL 32408
  • 1 Beds
  • 2 Baths
  • 1,047 Sq Ft
  • 2008 Built
  • MLS 789426

About this home

Thiѕ 1 bedrοοm unіt in Ꮮakеtown Wharf has had a 'Consistent and Ѕteady' ЅTR history that has proven to bring back its guests every year. In 2025 this unit made up to $53,000 in STR income and consistently proves the same in 2026. (2025- GRI $53,100). It has built a reputation based on integrity, valued hosting, and quality history. This unit is not new to the STR market so any investor that looks to purchase unit 305 will have a portfolio based on years of rentals. The STR income has been steady and each year has gained a very high end profit. Unit 305 is turn-key, is fully stocked, and comes fully furnished. Overlooking the lake and the pool, the sunsets bring out the best in the view. Located on the third floor, wait times for elevators are short, stairs are easily accessible as they are near the unit, and it is an end unit so traffic is quiet in this location of the premises. NO long wait times which is an added bonus in the complex. Located in the East building, the condo is close to all the amenities, restaurants, and entertainment. This unit comes with two assigned parking spots in the East garage. This condo was partially remodeled after the current owner purchased it. New furnishings throughout. Please see video tour in the video section of the listing for the full effect. Laketown Wharf offers its own private beach access for its guests. On site, all amenities include 5 unique pools, a fitness center, a mini golf course, restaurants and shops, and 52,000 square feet of a lakefront boardwalk with gated 24-hour roving security. Unit 305 is priced to sell!

Property details

Property typeCondominium
StatusActive
Area03 - Bay County - Beach
SubdivisionLaketown Wharf
CityPanama City Beach
CountyBay
Zip32408
StyleHighRise
Taxes$3,375
Tax year2025
HOAYes
HOA fee$2,491/qtr
ViewLake

Interior

Total rooms5
Full baths2
CoolingCentralAir,CeilingFans
HeatingCentral
Interior featuresMainLevelPrimary,TubShower

Exterior & lot

Lot dimensionscondo
RoofClay,Membrane
PoolGunite,GasHeat,InGround,Community
GarageYes
ParkingAdditionalParking,Paved
Road frontageCity Street, Highway

Schools

ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold

Community

Community featuresBarbecue, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Golf, Playground, Park, Pool, Shopping, Community Pool, Gated, Short Term Rental Allowed
DirectionsLocated at the corner of S Thomas Drive and Front Beach Road. Across from Pineapple Willy's Restaurant. Unit is located in the East building, park in the East garage and come to the 3rd floor.

Data source: Central Panhandle Association of REALTORS®

Location

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