$419,000
9860 S Thomas Drive 2010
Panama City, FL 32408
MLS# 791229
3 beds  |  2 baths  |  1262 sqft


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Property Description
Welcome to Laketown Wharf, one of Panama City Beach's most sought-after resort communities! This beautifully maintained, fully furnished 3-bedroom, 2-bath condominium offers 1,262 square feet of coastal living and is completely turnkey, making it ready for immediate enjoyment or continued rental income from day one. Designed with both comfort and functionality in mind, the unit features a highly desirable bunk room in addition to two spacious bedrooms, allowing it to comfortably accommodate families and larger groups. Located on the penthouse level, this condo offers beautiful views of the Gulf of Mexico and Panama City Beach's stunning coastline. Start your mornings with coffee on the balcony while taking in the emerald waters of the Gulf, and end your evenings watching breathtaking sunsets paint the sky in shades of orange, pink, and gold. The elevated vantage point provides a picturesque backdrop that guests and owners alike will appreciate year-round. Just a short walk from the sugar-white sands and emerald waters that make Panama City Beach famous, this property delivers the ultimate beach lifestyle. Whether you're spending the day on the shore, enjoying water activities, or simply relaxing and soaking in the views, you'll love having the beach just steps away. For investors, the numbers speak for themselves, with over $50,000 annually in actual gross rental income and a proven history of strong guest demand. The spacious floor plan, desirable bunk room, Gulf views, and resort amenities combine to create a property that appeals to vacationers throughout the year. Recent Upgrades & Improvements: This condo has been thoughtfully maintained and updated, offering added value and peace of mind for its next owner. Recent improvements include a new hot water heater (2022), new HVAC system (2023), new dishwasher (2023), new refrigerator (2024), and new microwave (2024). These major updates help minimize future maintenance expenses while enhancing the property's appeal for both personal use and vacation rental guests. Laketown Wharf is known for its impressive lineup of resort-style amenities, including five swimming pools, a private freshwater lake with a scenic boardwalk, fitness center, putting green, splash pad, covered parking garage, and the community's signature nightly fountain, music, and light show. These amenities help make Laketown Wharf one of the most popular destinations in Panama City Beach for owners and vacationers alike. Conveniently located in the heart of Panama City Beach, you'll be just minutes from some of the area's best shopping, dining, entertainment, golf, and family attractions. From Pier Park and local restaurants to popular attractions and outdoor activities, everything you need for the perfect beach getaway is within easy reach. Whether you're looking for a proven investment property, a vacation retreat, or a combination of both, this fully furnished, penthouse-level condo offers an exceptional opportunity to own in one of Panama City Beach's premier resort communities while enjoying Gulf views, spectacular sunsets, outstanding amenities, and strong rental performance. (Buyer to verify all info)

Details
Maps
Contract Info
List Price/SqFt: 332.01
Status: Active
List Date: 2026-06-12
List Price: $419,000
Current Price: $419,000
Location
Unit #: 2010
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: GPS Friendly
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
Parcel ID: 40001-000-709
Legal Description: LAKETOWN WHARF UNIT 2010 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4801 P 1863 1262 TOTAL SF
General Property Info
Floor Number: 20
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
Listing Info, Tax and Legal
Homestead: No
HOA Fee: Yes
HOA Amount: 3195.61
HOA Frequency: Quarterly
HOA Annual Amount: 12782.44
New Buyer Fee: Yes
New Buyer Fee Amt: 100
New Buyer Fee Paid: $
Last Taxes: 4385.75
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Remarks & Misc
Remarks: Welcome to Laketown Wharf, one of Panama City Beach's most sought-after resort communities! This beautifully maintained, fully furnished 3-bedroom, 2-bath condominium offers 1,262 square feet of coastal living and is completely turnkey, making it ready for immediate enjoyment or continued rental income from day one. Designed with both comfort and functionality in mind, the unit features a highly desirable bunk room in addition to two spacious bedrooms, allowing it to comfortably accommodate families and larger groups. Located on the penthouse level, this condo offers beautiful views of the Gulf of Mexico and Panama City Beach's stunning coastline. Start your mornings with coffee on the balcony while taking in the emerald waters of the Gulf, and end your evenings watching breathtaking sunsets paint the sky in shades of orange, pink, and gold. The elevated vantage point provides a picturesque backdrop that guests and owners alike will appreciate year-round. Just a short walk from the sugar-white sands and emerald waters that make Panama City Beach famous, this property delivers the ultimate beach lifestyle. Whether you're spending the day on the shore, enjoying water activities, or simply relaxing and soaking in the views, you'll love having the beach just steps away. For investors, the numbers speak for themselves, with over $50,000 annually in actual gross rental income and a proven history of strong guest demand. The spacious floor plan, desirable bunk room, Gulf views, and resort amenities combine to create a property that appeals to vacationers throughout the year. Recent Upgrades & Improvements: This condo has been thoughtfully maintained and updated, offering added value and peace of mind for its next owner. Recent improvements include a new hot water heater (2022), new HVAC system (2023), new dishwasher (2023), new refrigerator (2024), and new microwave (2024). These major updates help minimize future maintenance expenses while enhancing the property's appeal for both personal use and vacation rental guests. Laketown Wharf is known for its impressive lineup of resort-style amenities, including five swimming pools, a private freshwater lake with a scenic boardwalk, fitness center, putting green, splash pad, covered parking garage, and the community's signature nightly fountain, music, and light show. These amenities help make Laketown Wharf one of the most popular destinations in Panama City Beach for owners and vacationers alike. Conveniently located in the heart of Panama City Beach, you'll be just minutes from some of the area's best shopping, dining, entertainment, golf, and family attractions. From Pier Park and local restaurants to popular attractions and outdoor activities, everything you need for the perfect beach getaway is within easy reach. Whether you're looking for a proven investment property, a vacation retreat, or a combination of both, this fully furnished, penthouse-level condo offers an exceptional opportunity to own in one of Panama City Beach's premier resort communities while enjoying Gulf views, spectacular sunsets, outstanding amenities, and strong rental performance. (Buyer to verify all info)
Bunk Room
First: 1
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Disposal: 1
Dryer: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer: 1
Water Heater - Electric: 1
Interior Features
Floor - Tile: 1
Floor - Vinyl Plank: 1
Kitchen Island: 1
Lighting - Track: 1
Window - Treatment Some: 1
Construction/Siding
Concrete: 1
Foundation - On Piling: 1
Steel/Frame: 1
Roof - Clay/Concrete: 1
Siding - Stucco: 1
Exterior
Balcony: 1
Association Fees Include
Accounting: 1
BBQ Pit/Grill: 1
Beach: 1
Exercise Room: 1
Ground Keeping: 1
Insurance: 1
Internet Service: 1
Management: 1
Pool: 1
Repairs/Maintenance: 1
Security: 1
Trash Disposal: 1
Water: 1
Whirlpool: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Furnished
Furnished: 1
Interior
Bunk Room: 1
Parking Features
Parking Garage: 1
Association Amenities
BBQ Pit/Grill: 1
Beach: 1
Boardwalk: 1
Elevators: 1
Exercise Room: 1
Pool: 1
Security-24 hour: 1
Rooms
Bedroom: 1
Bunk Room: 1
Primary Bedroom: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Lake: 1
Sale Type
As Is: 1
Primary Bedroom
First: 1
Bedroom
First: 1
Cooling
Central Air: 1
Electric: 1
Heating
Electric: 1
Primary Bdrm/Primary Bath
MBath Separate Shwr: 1
MBath Tub - Soaking: 1
MBath Walk-In Closet: 1
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Refrigerator; Washer; Water Heater - Electric
Primary Bedroom: First
Bedroom: First
Cooling: Central Air; Electric
Heating: Electric
Exterior: Balcony
Association Fees Include: Accounting; BBQ Pit/Grill; Beach; Exercise Room; Insurance; Internet Service; Ground Keeping; Repairs/Maintenance; Management; Pool; Security; Whirlpool; Trash Disposal; Water
Financing: Cash; Conventional; Other
Furnished: Furnished
Interior: Bunk Room
Bunk Room: First
Parking Features: Parking Garage
Association Amenities: BBQ Pit/Grill; Beach; Boardwalk; Elevators; Exercise Room; Pool; Security-24 hour
Rooms: Bedroom; Bunk Room; Primary Bedroom
Sale Type: As Is
Utilities: TV Cable; Electricity - Connected; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected
Waterview: Gulf; Lake
Room Information
Room Name Level Dimensions Length Width Remarks
Master BedroomFirst14 x 1214.0012.00Buyer to Verify
BedroomFirst12 x 1112.0011.00Buyer to verify
Bunk RoomFirst9 x 79.007.00Buyer to verify

Listing Office: 1 Percent Lists Florida Coast

Last Updated: June - 12 - 2026

Information deemed reliable but not guaranteed.