Active

9860 S Thomas Drive, UNIT 114

Panama City Beach FL, 32408

$289,900


$276.89 per sqft

Active

1 Bed

2 Baths

1,047 sqft

Condos

Built in 2008

Incredible Investment Opportunity! *Kitchen cabinets have been re-painted and are now white - see updated photos.* This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. Seller will transfer all future bookings to buyer upon sale. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort. This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33,543, 2022/$27,882, 2023/$20,757, and 2024 $18,669 through August. Rental projections are right around $30-35k/annually. (Seller has been using the condo more over the last few years for personal use and family, thus the decline in GRI). Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat, overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line.

Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink.

This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining.

Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.

957411

MLS ID

December 21, 2024

Listed

December 21, 2024

Updated

Map

9860 S Thomas Drive, UNIT 114
Panama City Beach FL, 32408

Interior Features

Total Stories

21


Bedrooms

1


Total Bathrooms

2


Full Bathrooms

2


Interior Features

Breakfast Bar, Floor Tile, Floor WW Carpet New, Furnished - Some, Kitchen Island, Lighting Track, Newly Painted, Renovated, Washer/Dryer Hookup, Woodwork Painted


Appliances

Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Exterior Features

Balcony, BBQ Pit/Grill, Deck Open, Dock, Hot Tub, Patio Covered, Patio Open, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System


Architectual Style

N/A

School Information

High School

Arnold


Elementary School

Breakfast Point

Other Property Details

Area Name

27 - Bay County


Taxes

$3,337


Tax Frequency

Annually


Days on Market

122


Association Fee

$2,310


Association Fee Frequency

Quarterly


Garage

No


View

Yes


View Description

Lake, Lagoon


County

Bay


Pool

Yes


Pool Features

Pool Type


Waterfront

Yes

Listing History

Date

Event

Price

10/1/2024

Active

9/19/2024

Pending

Courtesy of Real Broker LLC, Shantel F Peterson,
Listing Contact: 850-543-9000 

IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Hilary Farnum-Fasth & Jacob Watkins  shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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