$450,000
Panama City, FL 32408
MLS# 787448
Status: Under Contract - Taking Backups
4 beds | 3 baths | 1483 sqft
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS LOW-FLOOR GULF VIEWS | END-UNIT POSITION | WRAPAROUND BALCONY Laketown Wharf Unit 501 | Panama City Beach, FL - Three-bedroom plus bunk room, end unit with a rare position within the building. Located on the fifth floor, this unit represents the first level in Laketown Wharf where Gulf views begin while still maintaining a lower-floor elevation. Positioned on the southeast end of the building, with convenient access to the elevators and owners parking garage, but away from the heavy foot traffic areas. The wraparound balcony overlooks the elevated ''kiddie pool'' deck on top of the south parking garage, featuring water features, lounge seating, and an active amenity area. The balcony offers multiple access points, including the living area, primary suite, and a rare full door from one of the guest bedrooms--an uncommon feature within Laketown Wharf, primarily found in the first stack of the building. One section of the balcony remains shaded during ALL portions of the day and benefits from consistent airflow, creating a comfortable outdoor space for those who prefer to stay out of direct sun exposure. The kitchen features updated recessed lighting, granite countertops, and stainless steel appliances. Coastal furnishings complement the interior, with tile and LVP flooring throughout for durability and ease of maintenance, along with a stackable washer and dryer. Laketown Wharf is known for its unmatched amenities. Residents and guests enjoy five pools, including one heated year-round, two hot tubs, a fitness center overlooking the Gulf, a playground, pickleball courts, and mini golf. The 52,000 square-foot boardwalk circles the lake with a nightly fountain and light show. Direct, gated beach access sits next door to Pineapple Willy's. On the ground level, you'll find a lineup of restaurants, shops, and entertainment: Juan Taco, Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots for breakfast and brunch, The Press coffee shop, The Bun Lab, and more. The property also offers 810 Billiards & Bowling, a salon and nail bar, barbecue and pet areas, a poolside Splash Bar & Grill, two parking garages, and beach chair rentals. HOA dues are $3,527.73/quarter and include water, sewer, trash, cable/TV, pest control, WiFi, and full use of amenities. Nearby recently opened attractions include Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, and McGuire's Irish Pub, with Tootsie's Orchid Lounge scheduled to open in 2026, reinforcing the area's continued growth. All information is deemed reliable but should be verified by the buyer if important.
Details
Maps
Contract Info
List Price/SqFt: 303.44
Status: Under Contract - Taking Backups
List Date: 2026-03-25
List Price: $450,000
Current Price: $450,000
Location
Unit #: 501
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Located at the Corner of Front Beach Road and S. 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
Parcel ID: 40001-000-136
Legal Description: LAKETOWN WHARF UNIT 501 TYPE D BLDG 2 ORB 2994 P 1890 4BR 3BA ORB 4395 P 1052 1483 TOTAL SF
General Property Info
Floor Number: 5
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1483
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 21
# of Units in Bldg: 765
Lot Dimensions: NA
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 4
Full Baths: 3
Total Baths: 3
Year Built: 2008
Listing Info, Tax and Legal
Homestead: No
HOA Fee: Yes
HOA Amount: 3527.73
HOA Frequency: Quarterly
HOA Annual Amount: 14110.92
New Buyer Fee: Yes
New Buyer Fee Amt: 100
New Buyer Fee Paid: $
Last Taxes: 4530
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes
Remarks & Misc
Remarks: CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS
LOW-FLOOR GULF VIEWS | END-UNIT POSITION | WRAPAROUND BALCONY
Laketown Wharf Unit 501 | Panama City Beach, FL - Three-bedroom plus bunk room, end unit with a rare position within the building.
Located on the fifth floor, this unit represents the first level in Laketown Wharf where Gulf views begin while still maintaining a lower-floor elevation. Positioned on the southeast end of the building, with convenient access to the elevators and owners parking garage, but away from the heavy foot traffic areas.
The wraparound balcony overlooks the elevated ''kiddie pool'' deck on top of the south parking garage, featuring water features, lounge seating, and an active amenity area.
The balcony offers multiple access points, including the living area, primary suite, and a rare full door from one of the guest bedrooms--an uncommon feature within Laketown Wharf, primarily found in the first stack of the building. One section of the balcony remains shaded during ALL portions of the day and benefits from consistent airflow, creating a comfortable outdoor space for those who prefer to stay out of direct sun exposure.
The kitchen features updated recessed lighting, granite countertops, and stainless steel appliances. Coastal furnishings complement the interior, with tile and LVP flooring throughout for durability and ease of maintenance, along with a stackable washer and dryer.
Laketown Wharf is known for its unmatched amenities. Residents and guests enjoy five pools, including one heated year-round, two hot tubs, a fitness center overlooking the Gulf, a playground, pickleball courts, and mini golf. The 52,000 square-foot boardwalk circles the lake with a nightly fountain and light show. Direct, gated beach access sits next door to Pineapple Willy's. On the ground level, you'll find a lineup of restaurants, shops, and entertainment: Juan Taco, Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots for breakfast and brunch, The Press coffee shop, The Bun Lab, and more. The property also offers 810 Billiards & Bowling, a salon and nail bar, barbecue and pet areas, a poolside Splash Bar & Grill, two parking garages, and beach chair rentals. HOA dues are $3,527.73/quarter and include water, sewer, trash, cable/TV, pest control, WiFi, and full use of amenities. Nearby recently opened attractions include Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, and McGuire's Irish Pub, with Tootsie's Orchid Lounge scheduled to open in 2026, reinforcing the area's continued growth. All information is deemed reliable but should be verified by the buyer if important.
Balcony
First: 1
Bunk Room
First: 1
Master Bathroom
First: 1
Pool Features
Inground: 1
Saltwater: 1
Spa/ Hot Tub: 1
Waterfall: 1
Appliances
Dishwasher: 1
Disposal: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Interior Features
Breakfast Bar: 1
Floor - Tile: 1
Floor - Vinyl Plank: 1
Kitchen Island: 1
Lock Out Closet: 1
Pantry: 1
Window - Treatment All: 1
Exterior
Balcony: 1
Double Pane Windows: 1
Association Fees Include
Accounting: 1
Advertising: 1
Community Room: 1
Exercise Room: 1
Ground Keeping: 1
Insurance: 1
Internet-WiFi: 1
Management: 1
Pest Control: 1
Pool: 1
Recreational Faclty: 1
Security: 1
Sewer: 1
Trash Disposal: 1
TV Cable: 1
Water: 1
Financing
Cash: 1
Conventional: 1
VA: 1
Furnished
Furnished: 1
Kitchen
First: 1
Living Room
First: 1
Lot Features
Deeded Access Water: 1
Within 1/2 Mile to Water: 1
Parking Features
Additional Parking: 1
Garage Attached: 1
Mstr Bath / Mstr Bdrm
MBath Double Vanity: 1
MBath Garden Tub: 1
MBath Separate Shwr: 1
MBed Balcony: 1
Present Zoning
Resid Multi-Family: 1
Association Amenities
BBQ Pit/Grill: 1
Boardwalk: 1
Business Center: 1
Community Room: 1
Elevators: 1
Mini Golf: 1
Pool: 1
Retail Shops: 1
Security-24 hour: 1
Theater: 1
Pickle Ball: 1
Other - See Remarks: 1
Rooms
Balcony: 1
Bedroom: 1
Bunk Room: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Master Bathroom: 1
Master Bedroom: 1
Showing
ShowingTime: 1
Utilities
TV Cable: 1
Electricity - Connected: 1
Garbage: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Other - See Remarks: 1
Waterview
Gulf: 1
Unit Waterview Only: 1
Full Bathroom
First: 1
Waterfront Type
Lakefront: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Central Air: 1
Electric: 1
Heating
Central: 1
Electric: 1
Security Features
Fire Alarm: 1
Smoke Detector(s): 1
Status Change Info
Under Contract Date: 2026-04-27
Property Features
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Full Bathroom: First
Master Bedroom: First
Bedroom: First
Cooling: Central Air; Electric
Heating: Central; Electric
Exterior: Balcony; Double Pane Windows
Association Fees Include: Accounting; Advertising; TV Cable; Community Room; Exercise Room; Insurance; Internet-WiFi; Ground Keeping; Management; Pest Control; Pool; Recreational Faclty; Security; Sewer; Trash Disposal; Water
Financing: Cash; Conventional; VA
Furnished: Furnished
Kitchen: First
Living Room: First
Lot Features: Deeded Access Water; Within 1/2 Mile to Water
Balcony: First
Bunk Room: First
Master Bathroom: First
Pool Features: Inground; Saltwater; Spa/ Hot Tub; Waterfall
Security Features: Fire Alarm; Smoke Detector(s)
Parking Features: Additional Parking; Garage Attached
Association Amenities: BBQ Pit/Grill; Boardwalk; Business Center; Community Room; Elevators; Mini Golf; Pickle Ball; Pool; Retail Shops; Security-24 hour; Theater; Other - See Remarks
Rooms: Balcony; Bedroom; Bunk Room; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom
Showing: ShowingTime
Utilities: TV Cable; Electricity - Connected; Garbage; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected; Other - See Remarks
Waterfront Type: Lakefront
Waterview: Gulf; Unit Waterview Only
Present Zoning: Resid Multi-Family
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Balcony | First | 38.4 x 33.6 | 38.40 | 33.60 |
| Living Room | First | 15.5 x 18.6 | 15.50 | 18.60 |
| Kitchen | First | 15.5 x 8.7 | 15.50 | 8.70 |
| Master Bedroom | First | 11.3 x 18.6 | 11.30 | 18.60 |
| Master Bathroom | First | 11.3 x 12.8 | 11.30 | 12.80 |
| Bedroom | First | 11.3 x 12.3 | 11.30 | 12.30 |
| Full Bathroom | First | 7.11 x 5.2 | 7.11 | 5.20 |
| Bunk Room | First | 10.2 x 6.9 | 10.20 | 6.90 |
| Bedroom | First | 10.7 x 11.4 | 10.70 | 11.40 |
| Full Bathroom | First | 6 x 6.1 | 6.00 | 6.10 |
Listing Office: Coldwell Banker Realty
Last Updated: May - 08 - 2026
Information deemed reliable but not guaranteed.
