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9902 S Thomas Drive 1635, Panama City, FL 32408 Active 1 / 44
$349,000

9902 S Thomas Drive 1635, Panama City, FL 32408

Panama City, FL 32408
  • 1 Beds
  • 2 Baths
  • 1,047 Sq Ft
  • 2007 Built
  • MLS 791661

About this home

Calling аll invеѕtοrs! Τhiѕ is more than just a condo -‐ it's an еstablished income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue comparable to Gulf view units. Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash. It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a peek of the Gulf from your private balcony. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool & rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages. In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity.

Property details

Property typeCondominium
StatusActive
Area03 - Bay County - Beach
SubdivisionLaketown Wharf Phase II
CityPanama City
CountyBay
Zip32408
StyleHighRise
Taxes$3,027
Tax year2025
HOAYes
HOA fee$2,491/qtr
WaterfrontYes
ViewGulf,Lake
Special conditionsListedAsIs

Interior

Total rooms5
Full baths2
AppliancesWasherDryerStacked,ElectricOven,ElectricRange,ElectricWaterHeater
CoolingCentralAir
HeatingCentral,Electric
Interior featuresMainLevelPrimary,TubShower

Exterior & lot

Lot dimensionsCondo
PoolGunite,GasHeat,InGround,Community
GarageYes
Road frontageCity Street

Schools

ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold

Community

Community featuresBarbecue, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Playground, Park, Pool, Shopping, Waterfront, Community Pool, Short Term Rental Allowed
DirectionsLaketown Wharf is located at the corner of Front Beach Road and S. Thomas Drive, across from Pineapple Willy's.

Data source: Central Panhandle Association of REALTORS®

Location

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