9860 S Thomas Drive 305, Panama City Beach, FL 32408 (MLS# 789426)

List Price/SqFt: 243.55

Status: Active

List Date: 2026-05-05

List Price: $255,000

Current Price: $255,000

Unit #: 305

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 S Thomas Drive and Front Beach Road. Across from Pineapple Willy's Restaurant. Unit is located in the East building, park in the East garage and come to the 3rd floor.

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: 40001-000-068

Legal Description: LAKETOWN WHARF UNIT 305 TYPE C BLDG 2 ORB 2994 P 1890 1BR 2BA BUNK ORB 4563 P 2334 1047 TOTAL SF

Floor Number: 3

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1047

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Prop App Site

Balcony SqFt: 152

# of Stories in Building: 21

# of Units in Bldg: 768

Units Above Ground: 736

Pre-Const Flip: No

Lot Dimensions: condo

New Construction: No

Garage Y/N: Yes

Garage Spaces: 2

Assigned Spaces: 2

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 1

Full Baths: 2

Total Baths: 2

Year Built: 2008

Homestead: No

HOA Fee: Yes

HOA Amount: 2490.58

HOA Frequency: Quarterly

HOA Annual Amount: 9962.32

Senior Community: No

Is Subject Leased: No

New Buyer Fee: No

Last Taxes: 3375

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Section: 36

Township: 3S

Range: 16W

Condo Doc: Yes

Remarks: This 1 bedroom unit in Laketown Wharf has had a 'Consistent and Steady' STR history that has proven to bring back its guests every year. In 2025 this unit made up to $53,000 in STR income and consistently proves the same in 2026. It has built a reputation based on integrity, valued hosting, and quality history. This unit is not new to the STR market so any investor that looks to purchase unit 305 will have a portfolio based on years of rentals. The STR income has been steady and each year has gained a very high end profit. Unit 305 is turn-key, is fully stocked, and comes fully furnished. Overlooking the lake and the pool, the sunsets bring out the best in the view. Located on the third floor, wait times for elevators are short, stairs are easily accessible as they are near the unit, and it is an end unit so traffic is quiet in this location of the premises. NO long wait times which is an added bonus in the complex. Located in the East building, the condo is close to all the amenities, restaurants, and entertainment. This unit comes with two assigned parking spots in the East garage. This condo was partially remodeled after the current owner purchased it. New furnishings throughout. Please see video tour in the video section of the listing for the full effect. Laketown Wharf offers its own private beach access for its guests. On site, all amenities include 5 unique pools, a fitness center, a mini golf course, restaurants and shops, and 52,000 square feet of a lakefront boardwalk with gated 24-hour roving security. Unit 305 is priced to sell!

First: 1

First: 1

First: 1

Gunite Concrete: 1

Heated - Gas: 1

Inground: 1

Breakfast Bar: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Window - Treatment All: 1

Concrete: 1

Foundation - On Piling: 1

Roof - Clay/Concrete: 1

Roof - Membrane: 1

Siding - Stucco: 1

Balcony: 1

Accounting: 1

BBQ Pit/Grill: 1

Community Room: 1

Dock: 1

Dumpster: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Pavilion/Gazebo: 1

Pest Control: 1

Picnic Area: 1

Pool: 1

Recreational Faclty: 1

Security: 1

Sewer: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Cash: 1

Conventional: 1

Furnished: 1

Bunk Hallway: 1

First: 1

Corner Lot: 1

Covenants & Rescrictions: 1

Easements: 1

Landscaped: 1

Near Beach Access: 1

Subdivision - Recorded: 1

Sidewalk: 1

Within 1/2 Mile to Water: 1

City Street: 1

State Highway: 1

Paved Road: 1

Additional Parking: 1

Assigned: 1

Paved: 1

MBath Shower/Tub Combo: 1

Resid Multi-Family: 1

BBQ Pit/Grill: 1

Beach: 1

Boardwalk: 1

Business Center: 1

Community Room: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Mini Golf: 1

Pavilion/Gazebo: 1

Picnic Area: 1

Playground: 1

Pool: 1

Retail Shops: 1

Security-24 hour: 1

Whirlpool: 1

Balcony: 1

Bunk Hall: 1

Dining Room: 1

Kitchen: 1

Master Bedroom: 1

TV Cable: 1

Electricity - Connected: 1

Garbage: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Other - See Remarks: 1

Lake: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Central: 1

24 Hour Security: 1

Fire Alarm: 1

Gated Community: 1

Smoke Detector(s): 1