9860 S Thomas Drive 1007, Panama City, FL 32408 (MLS# 789890)

List Price/SqFt: 301.11

Status: Active

List Date: 2026-05-14

List Price: $380,000

Current Price: $380,000

Unit #: 1007

Sub Area: 0323 - Beach - South of Grand Lagoon

Community/Resort: None

Waterfront: No

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Located at the Corner of Front Beach Road and South Thomas Drive, Across from Pineapple Willy's.

Area: 03 - Bay County - Beach

Street #: 9860

Street Direction: S

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Laketown Wharf Phase II

Parcel ID: 40001-000-332

Legal Description: LAKETOWN WHARF UNIT 1007 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4590 P 1371 1262 TOTAL SF

Floor Number: 10

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1262

Construction Status: Construction Complete

SqFt Source: Prop App Site

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 3

Full Baths: 2

Total Baths: 2

Year Built: 2008

HOA Fee: Yes

HOA Amount: 3198

HOA Frequency: Quarterly

HOA Annual Amount: 12792

New Buyer Fee: Yes

New Buyer Fee Amt: 150

Last Taxes: 4386

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: GULF VIEWS, STRONG RENTAL POTENTIAL & FLEXIBLE SELLER FINANCING! This 10th-floor condo delivers the Panama City Beach lifestyle buyers and investors are looking for, with direct access to sugar-white sand beaches, emerald Gulf waters, and endless entertainment just steps away. Whether you're searching for a personal getaway or a high-performing vacation rental, this unit offers an ideal opportunity. Inside, the open-concept living space is filled with natural light and flows to a private balcony overlooking the Gulf, perfect for morning coffee or relaxing after a day on the beach. The layout is designed to maximize occupancy with a spacious bedroom and additional bunk space, making it highly appealing for short-term rentals. Located in a resort-style community, owners and guests enjoy multiple pools, beach access, a fitness center, and on-site dining, all contributing to strong rental demand. Positioned along one of the most desirable stretches of Panama City Beach, you are just minutes from popular attractions, waterfront dining, shopping, fishing charters, and family-friendly entertainment. This is a turnkey opportunity for investors seeking income potential in a high-demand beach market or buyers wanting a vacation home that can help offset costs through rentals. Seller financing available at 5% interest with a 3 to 4 year balloon, amortized over 30 years, with 20% down, adding flexibility to an already strong investment opportunity.

Fenced: 1

Inground: 1

Pool/Spa Combo: 1

Cooktop - Electric: 1

Dishwasher: 1

Ice Maker: 1

Microwave: 1

Oven - Electric: 1

Refrigerator: 1

Washer/Dryer Stacked: 1

Floor - Vinyl Plank: 1

Window - Treatment All: 1

Siding - Stucco: 1

Balcony: 1

Accounting: 1

Conference Center: 1

Exercise Room: 1

Ground Keeping: 1

Internet Service: 1

Management: 1

Pavilion/Gazebo: 1

Pest Control: 1

Picnic Area: 1

Pool: 1

Water: 1

Whirlpool: 1

Cash: 1

Conventional: 1

FHA: 1

Seller Financing: 1

VA: 1

Furnished: 1

Bunk Room: 1

Within 1/2 Mile to Water: 1

Paved Road: 1

Gated: 1

MBath Double Vanity: 1

MBath Garden Tub: 1

MBath Separate Shwr: 1

Resid Multi-Family: 1

Boardwalk: 1

Community Room: 1

Conference Center: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Gated Community: 1

Bedroom: 1

Bunk Room: 1

Kitchen: 1

Living Room: 1

Master Bedroom: 1

Cable - Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

Lake: 1

As Is: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

24 Hour Security: 1

Gated Community: 1

Gated with Guard: 1

Secured Garage/Parking: 1

Security Fence: 1

Security Gate: 1

Security Guard: 1

Security Service: 1

Smoke Detector(s): 1