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
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Data last updated 5:10 PM UTC, 12/21/2024