$299,900
Panama City, FL 32408
MLS# 757676
1 beds | 2 baths | 1047 sqft

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Property Description
Welcome to Laketown Wharf, Panama City Beach's largest condominium complex with the best amenities too! This Gulf View unit is a 1 Bedroom plus a full bunkroom with 2 full bathrooms. What's special about this place is that both bathrooms have extended double vanities with fresh white paint. This clean fresh concept extends into the kitchen where the cabinets have fresh paint and matching white appliances. There is an island bar for gathering, barstools and granite. The kitchen and grand-room gives you a direct view of the Gulf. Laketown Wharf is actually across the street, but you have dedicated beach access through a coded gate between Pineapple Willys and Shores of Panama Condo. You can also access two other quieter beach access points at PCB#33 & #34. Check out the wood laminate flooring in the master bedroom and grand-room. Its great to have NO CARPET and the wood tones are warm and inviting. This is currently a short term rental with VRBO & AIRBNB.. talk about a great investment that will pay for itself!!! You can expect between $38,000- $45,000 in STR income if you wish to rent. It would also make a great owners retreat as well. There are many full time owners who meet regularly for pickleball, mini golf, workouts at the 2 story gym and have beverages at the many restaurants and bars on property. FYI the COA dues includes Hazard Insurance, Cable, Internet, Pest Control, Water and Garbage too. Plus access to all the 5 pools 2 hot-tubs and sundecks. Check out this amazing unit today!
Details
Maps
Contract Info
Status: Active
List Date: 2024-05-24
List Price: $299,900
List Price/SqFt: 286.44
Current Price: $299,900
Location
Area: 03 - Bay County - Beach
Street #: 9860
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: 519
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 - Beach - South of Grand Lagoon
Subdivision: Laketown Wharf
Community/Resort: None
Waterfront: Yes
Parcel ID: 40001-000-154
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Take Front Beach Road to South Thomas Drive across from Walmart and across the street from Pineapple Willys restaurant.
Legal Description: LAKETOWN WHARF UNIT 519 TYPE C BLDG 2 ORB 2994 P 1890 1BR 2BA BUNK ORB 4578 P 2230 1047 TOTAL SF
General Property Info
Sub-Type: Condominium
Floor Number: 5
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1047
SqFt Source: Prop App Site
Balcony SqFt: 152
Bedrooms: 1
Full Baths: 2
Total Baths: 2
# of Stories in Building: 21
# of Units in Bldg: 765
Units Above Ground: 765
Year Built: 2008
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Lot Dimensions: 0 x 0
Property Features
Appliances: Cooktop - Electric; Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric; Range Hood; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Master Bedroom: First
Cooling: Ceiling Fan(s); Central Air; Heat Pump
Heating: Central; Electric; Heat Pump
Exterior: Balcony; Patio Covered; Porch Covered
Association Fees Include: BBQ Pit/Grill; TV Cable; Dumpster; Exercise Room; Gated Community; Insurance; Internet-WiFi; Ground Keeping; Mini Golf; Pavilion/Gazebo; Pest Control; Pool; Security; Sewer; Whirlpool; Trash Disposal
Financing: Cash; Conventional; VA
Furnished: Furnished
Interior: Bunk Room
Kitchen: First
Lot Features: Landscaped; Near Beach Access
Lot Access: City Street; Gated Access
Balcony: First
Bunk Room: First
Great Room: First
Pool Features: Fenced; Gunite Concrete; Heated - Electric; Inground; Spa/ Hot Tub
Security Features: 24 Hour Security; Carbon Monoxide Detector; Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Gated with Guard; Smoke Detector(s)
Parking Features: Garage Detached
Other Structures: Gazebo; Pergola
Association Amenities: BBQ Pit/Grill; Boardwalk; Community Room; Dumpster; Exercise Room; Gated Community; Mini Golf; Pavilion/Gazebo; Pickle Ball; Picnic Area; Pool; Sidewalks
Rooms: Balcony; Bunk Room; Great Room; Kitchen; Master Bedroom
Sale Type: As Is
Utilities: TV Cable; Electricity - Availabile; Garbage; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected; Water Connected
Waterfront Type: Lakefront; See Remarks
Waterview: Gulf; Lake
Present Zoning: Resid Single Family; Resort
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Master Bedroom | First | 13 x 11 | 13.00 | 11.00 | 13 x 11 |
Bunk Room | First | 8 x 7 | 8.00 | 7.00 | 8 x 7 |
Great Room | First | 16 x 19 | 16.00 | 19.00 | 16 x 19 |
Kitchen | First | 10 x 19 | 10.00 | 19.00 | 10 x 19 |
Balcony | First | 8 x 19 | 8.00 | 19.00 | 8 x 19 |
Listing Office: Coastal Palms Real Estate
Last Updated: September - 02 - 2025
Information deemed reliable but not guaranteed.