$249,900
$40K PRICE DROP

Laketown Wharf Resort 9860 S Thomas Dr Unit 114 Panama City Beach, FL 32408

Estimated payment $2,487/month

Total Views 47,596
1 Bed
2 Baths
1,047 Sq Ft
$239 Price per Sq Ft

Highlights

  • Beach
  • Golf Course Community
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • 24-Hour Security
  • Gated Parking

About This Home

Just reduced $20k! This seller is motivated! Investment Opportunity - This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort . This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33,543, 2022/$27,882, 2023/$20,757, and 2024/$18,669 with heavy personal usage. Rental projections are right around $25-35k/annually. (Seller has high personal usage for friends and family).Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat, overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line. Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink. This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining.Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.

Listing Agent

Shantel Peterson

Real Broker LLC Listed on: 12/03/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,305

Year Built

  • Built in 2008

HOA Fees

  • $830 Monthly HOA Fees

Home Design

  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • 1,047 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Parking

  • Detached Garage
  • Gated Parking
  • Secured Garage or Parking
  • Parking Lot
  • Community Parking Structure

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Approach with Ramp

Pool

  • Heated In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Covered patio or porch

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

Overview

  • Association fees include management, clubhouse, gas, insurance, internet, ground maintenance, playground, pool(s), recreation facilities, sewer, security, water
  • 765 Units
  • Grand Manor Association
  • Low-Rise Condominium
  • Laketown Wharf Subdivision
  • 21-Story Property

Amenities

  • Picnic Area
  • Clubhouse
  • Business Center
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Golf Course Community
  • Community Playground
  • Park

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Fire Escape
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,305

Year Built

Built in 2008

Lot Details

0

HOA Fees

$830 per month

Listing Details

  • Property Type: Residential
  • Accessibility Features: Accessible Elevator Installed, Accessible Approach with Ramp
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: City Street
  • Subdivision Name: Laketown Wharf
  • Architectural Style: Low Rise
  • Entry Level: 1
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator
  • Interior Amenities: Elevator, Kitchen Island
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 1047.0
  • Dining Room Type: Dining Room, Kitchen, Primary Bedroom
  • Stories: 21

Exterior Features

  • Pool Features: Fenced, Electric Heat, In Ground, Pool, Community
  • View: Lake
  • View: Yes
  • Waterfront: No
  • Construction Type: Concrete, Stucco
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: Detached, Garage, Gated, Paved, Parking Lot, Community Structure
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Available, Trash Collection
  • Security Features: Building Security, Fire Alarm, Fire Escape, Firewall(s), Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2491.0
  • Community Features: Beach, Business Center, Clubhouse, Conference/Meeting Room, Dog Park, Elevator, Fitness Center, Golf, Playground, Park, Recreation Area, Restaurant, Shopping, Short Term Rental Allowed, Sidewalks, Gated, Pool
  • Amenities: Gated, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association Name: Grand Manor
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Gas, Insurance, Internet, Maintenance Grounds, Playground, Pool(s), Recreation Facilities, Sewer, Security, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: Resort

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 765

Tax Info

  • Tax Annual Amount: 3305.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

About Laketown Wharf Resort

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,337 $231,927 -- --
2023 $3,337 $210,843 $0 $297,500
2022 $2,666 $191,675 $0 $0
2021 $2,253 $174,250 $0 $174,250
2020 $2,094 $168,215 $0 $168,215
2019 $1,648 $130,220 $0 $130,220
2018 $1,740 $134,300 $0 $0
2017 $1,795 $142,962 $0 $0
2016 $1,520 $129,965 $0 $0
2015 $1,121 $76,012 $0 $0
2014 $1,018 $69,102 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 Price Changed $249,900 -7.4% $239 / Sq Ft
02/24/2025 02/24/25 Price Changed $269,900 -3.6% $258 / Sq Ft
01/08/2025 01/08/25 Price Changed $279,900 -3.4% $267 / Sq Ft
12/21/2024 12/21/24 For Sale $289,900 0.0% $277 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $289,900 0.0% $277 / Sq Ft
09/16/2024 09/16/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $289,900 -- $277 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $155,000 Attorney
Source: Public Records

About the Listing Agent

Shantel Peterson
Shantel Peterson

Real Broker LLC

(850) 505-3462

Section Image

From corporate boardrooms to the sugar-white sands of the Emerald Coast, Shell Peterson’s journey into real estate is anything but ordinary — and that’s exactly what makes her so effective. A former top 1% sales executive in a Fortune 500 company, Shell built her career on strategic negotiation, world-class marketing, and always putting her clients first. She’s a two-time President’s Club winner, a natural-born dealmaker, and a woman who walked away from a high-paying corporate job to follow

View Shantel's Profile

Shantel's Other Listings

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  • 9902 S Thomas Dr Unit 1532, Panama City Beach, FL 32408

    $379,000

    • 3 Beds
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    Fully renovated turn-key 3BR/2 BA condo in the beautiful Laketown Wharf Beach Resort. This 1262 sqft unit offers spectacular city/lake views from the 15th floor! This unit has been continuously profitable: 2021/$61,569, 2022/$50,499, 2023/$52,499, 2024/$49,858.Can be used as primary residence, short term rental or investment property AND this unit is being sold FULLY furnished - with no

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  • 26th St E, Lynn Haven, FL 32444

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  • 804 E 26th St, Lynn Haven, FL 32444

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Source: Central Panhandle Association of REALTORS®

MLS Number: 765763

Central Panhandle Association of REALTORS®

APN: 40001-000-012

Florida Bay County Panama City Beach 32408

9860 S Thomas Dr Unit 114, Panama City Beach, FL

This home is located at 9860 S Thomas Dr Unit 114, Panama City Beach, FL 32408 and is currently priced at $249,900, approximately $238 per square foot. This property was built in 2008. 9860 S Thomas Dr Unit 114 is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Shantel Peterson
Shantel Peterson
Listing Agent Section Image
Real Broker LLC
(850) 505-3462