9902 S Thomas Drive 1635, Panama City, FL 32408 (MLS# 791661)

Floor Number: 16

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1047

Immediate Occupancy: No

Construction Status: Construction Complete

SqFt Source: Prop App Site

Balcony SqFt: 152

# of Stories in Building: 21

# of Units in Bldg: 765

Accessory Dwelling Unit: No

Lot Dimensions: Condo

New Construction: No

Garage Y/N: Yes

Garage Spaces: 1

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 1

Full Baths: 2

Total Baths: 2

Year Built: 2007

List Price/SqFt: 333.33

Status: Active

List Date: 2026-05-12

List Price: $349,000

Current Price: $349,000

Unit #: 1635

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: Laketown Wharf is located at the corner of Front Beach Road and S. Thomas Drive, across from Pineapple Willy's.

Area: 03 - Bay County - Beach

Street #: 9902

Street Direction: S

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Laketown Wharf Phase II

Parcel ID: 40001-000-588

Legal Description: LAKETOWN WHARF UNIT 1635 TYPE C BLDG 1 ORB 2994 P 1890 1BR 2BA BUNK ORB 4551 P 596 1047 TOTAL SF

HOA Fee: Yes

HOA Amount: 2490.59

HOA Frequency: Quarterly

HOA Annual Amount: 9962.36

New Buyer Fee: No

Last Taxes: 3027

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Township: PANAMA CITY BEA

Condo Doc: Yes

Remarks: Calling all investors! This is more than just a condo -- it's an established income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue comparable to Gulf view units. Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash. It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a peek of the Gulf from your private balcony. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool & rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages. In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity.

First: 1

First: 1

First: 1

Gunite Concrete: 1

Heated - Gas: 1

Inground: 1

Dishwasher: 1

Microwave: 1

Oven - Electric: 1

Range - Electric: 1

Refrigerator: 1

Washer/Dryer Stacked: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Floor - Tile: 1

Floor - Vinyl Plank: 1

Kitchen Island: 1

Window - Treatment All: 1

Balcony: 1

Accounting: 1

BBQ Pit/Grill: 1

Community Room: 1

Dumpster: 1

Exercise Room: 1

Ground Keeping: 1

Insurance: 1

Management: 1

Pavilion/Gazebo: 1

Pest Control: 1

Playground: 1

Pool: 1

Recreational Faclty: 1

Security: 1

Sewer: 1

TV Cable: 1

Water: 1

Cash: 1

Conventional: 1

VA: 1

Furnished: 1

Bunk Room: 1

First: 1

City Street: 1

Paved Road: 1

Parking Garage: 1

BBQ Pit/Grill: 1

Beach: 1

Boardwalk: 1

Business Center: 1

Community Room: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Pavilion/Gazebo: 1

Picnic Area: 1

Playground: 1

Pool: 1

Retail Shops: 1

Security-24 hour: 1

Waterfront: 1

Other - See Remarks: 1

Balcony: 1

Bunk Room: 1

Dining Room: 1

Kitchen: 1

Primary 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

Gulf: 1

Lake: 1

As Is: 1

Lakefront: 1

First: 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

MBath Shower/Tub Combo: 1

24 Hour Security: 1

Fire Alarm: 1

Fire Sprinkler System: 1

Security Guard: 1

Smoke Detector(s): 1