9860 S Thomas Drive 523
Panama City Beach, FL 32408
MLS# 797363
3 beds | 2 baths | 1262 sqft
Property DescriptionRENTAL MACHINE WITH A PROVEN TRACK RECORD! Generating over $60,000 annually in rental revenue for each of the past three years, this beautifully furnished 3-bedroom condo at Laketown Wharf offers an exceptional opportunity for investors and second-home buyers alike!
Positioned in one of the most desirable stacks in the building, this unit boasts uninterrupted Gulf views from the spacious living room, kitchen, and primary bedroom. An expansive private balcony stretches across both the living area and primary suite, providing the perfect setting to enjoy breathtaking views of the emerald waters and sugar-white sands of Panama City Beach.
Thoughtfully decorated, furnished, and equipped with both comfort and rental performance in mind, this property is truly turnkey and ready to serve as your personal coastal retreat or income-producing short-term rental.
Laketown Wharf offers a resort-style experience with multiple swimming pools, on-site restaurants and shopping, fitness amenities, and a variety of activities for owners and guests. Conveniently located in the heart of Panama City Beach, the resort provides easy access to the area's renowned beaches, dining, entertainment, and attractions.
With a proven rental history, spectacular Gulf views, and an unbeatable combination of location and amenities, this property checks all the boxes! Don't miss your opportunity to own a turnkey investment in one of Panama City Beach's most recognizable resort communities!
Floor Number: 5
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1262
Construction Status: Construction Complete
SqFt Source: Prop App Site
# of Stories in Building: 21
Accessory Dwelling Unit: No
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
List Price/SqFt: 320.92
Status: Active
List Date: 2026-11-02
List Price: $405,000
Unit #: 523
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: The property is situated on the furthest west end of Thomas drive across from the Shores Of Panama and Pineapple Willies.
Area: 03 - Bay County - Beach
Street #: 9860
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
County: Bay
Subdivision: Laketown Wharf
Parcel ID: 40001-000-158
Legal Description: LAKETOWN WHARF UNIT 523 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4727 P 1965 1262 TOTAL SF
HOA Fee: Yes
HOA Amount: 3195.61
HOA Frequency: Quarterly
HOA Annual Amount: 12782.44
New Buyer Fee: Yes
New Buyer Fee Amt: 150
New Buyer Fee Paid: $
Last Taxes: 3058.83
Last Tax Year: 2026
Brokerage Interest: No Interest
Remarks: RENTAL MACHINE WITH A PROVEN TRACK RECORD! Generating over $60,000 annually in rental revenue for each of the past three years, this beautifully furnished 3-bedroom condo at Laketown Wharf offers an exceptional opportunity for investors and second-home buyers alike!
Positioned in one of the most desirable stacks in the building, this unit boasts uninterrupted Gulf views from the spacious living room, kitchen, and primary bedroom. An expansive private balcony stretches across both the living area and primary suite, providing the perfect setting to enjoy breathtaking views of the emerald waters and sugar-white sands of Panama City Beach.
Thoughtfully decorated, furnished, and equipped with both comfort and rental performance in mind, this property is truly turnkey and ready to serve as your personal coastal retreat or income-producing short-term rental.
Laketown Wharf offers a resort-style experience with multiple swimming pools, on-site restaurants and shopping, fitness amenities, and a variety of activities for owners and guests. Conveniently located in the heart of Panama City Beach, the resort provides easy access to the area's renowned beaches, dining, entertainment, and attractions.
With a proven rental history, spectacular Gulf views, and an unbeatable combination of location and amenities, this property checks all the boxes! Don't miss your opportunity to own a turnkey investment in one of Panama City Beach's most recognizable resort communities!
Oven - Electric: 1
Range - Electric: 1
Breakfast Bar: 1
Floor - Tile: 1
Floor - Vinyl: 1
Lock Out Closet: 1
Pantry: 1
Window - Treatment All: 1
Concrete: 1
Foundation - On Piling: 1
Roof - Clay/Concrete: 1
Siding - Stucco: 1
Ground Keeping: 1
Internet Service: 1
Management: 1
Recreational Faclty: 1
Sewer: 1
Trash Disposal: 1
BBQ Pit/Grill: 1
Boardwalk: 1
Community Room: 1
Elevators: 1
Exercise Room: 1
Gated Community: 1
Mini Golf: 1
Picnic Area: 1
Waterfront: 1
Whirlpool: 1
TV Cable: 1
Electricity - Connected: 1
Phone - Connected: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
MBath Double Vanity: 1
MBath Tub - Soaking: 1
Appliances: Dishwasher; Disposal; Dryer; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Association Fees Include: TV Cable; Internet Service; Ground Keeping; Management; Recreational Faclty; Sewer; Trash Disposal; Water
Financing: Cash; Conventional; Other
Parking Features: Parking Garage
Association Amenities: BBQ Pit/Grill; Boardwalk; Community Room; Elevators; Exercise Room; Gated Community; Mini Golf; Picnic Area; Pool; Retail Shops; Whirlpool; Waterfront
Rooms: Balcony; Bedroom; Bunk Room; Kitchen; Primary Bedroom
Utilities: TV Cable; Electricity - Connected; Phone - Connected; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Lakefront
Present Zoning: Resid Multi-Family
| Room Name | Level | Dimensions | Length | Width |
| Primary Bedroom | First | 13 x 11 | 13.00 | 11.00 |
| Bunk Room | First | 8 x 7 | 8.00 | 7.00 |
| Balcony | First | 18 x 7 | 18.00 | 7.00 |
| Bedroom | First | 12 x 10 | 12.00 | 10.00 |
| Kitchen | First | 9 x 5 | 9.00 | 5.00 |
Listing Office: EXP Realty LLC
Last Updated: November - 03 - 2026
Information deemed reliable but not guaranteed.