$420,000

Estimated payment $3,784/month

Total Views 1,981
3 Beds
3 Baths
1,681 Sq Ft
$250 Price per Sq Ft

Highlights

  • Lake Front
  • Boat Dock
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • Beach
  • Gulf View

About This Home

Welcome to 9860 Thomas Dr S Unit 420, a remarkable opportunity in the heart of Panama City Beach, FL. This upgraded 3-bedroom, 3-bathroom condo offers 1,681 square feet of prime resort living, making it an ideal choice for both personal enjoyment and investment. Located within the renowned Laketown Wharf, one of the Gulf Coast's largest and most amenity-rich resorts, this property is designed for comfort and profitability.Step inside to discover an open floor plan that seamlessly integrates modern living with coastal charm. The kitchen is equipped with granite countertops and stainless steel appliances, providing a sleek and functional space for culinary endeavors. The private balcony offers a tranquil retreat, perfect for enjoying the warm Florida breezes.The layout includes a spacious primary suite with an en suite bath, a guest suite, and a third bedroom featuring bunk beds to maximize occupancy. This thoughtful design ensures ample space for family and guests alike.Laketown Wharf boasts an impressive array of resort amenities, including five pools--one of which is a rooftop pool and another with zero-entry access--two hot tubs, and a Gulf-view fitness center. Additional features include a putting green, a lakefront boardwalk with nightly light shows, on-site dining options, retail outlets, and direct beach access. The property is conveniently located just steps away from popular attractions such as Pineapple Willy's and WonderWorks.This condo presents high-performing rental potential in a high-demand location, offering a lucrative opportunity for investors. With its prime location and extensive amenities, this property is a standout choice for those seeking a blend of luxury and income potential.Don't miss the chance to own a piece of paradise in Panama City Beach. Contact us today to schedule a viewing and explore the possibilities that it has to offer.

Listing Agent

Paul Gibney

Corcoran Reverie License #SL3315203 Listed on: 06/26/2025

Corcoran Reverie

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,511

Year Built

  • Built in 2008

Lot Details

  • Property fronts a highway

HOA Fees

  • $1,001 Monthly HOA Fees

Property Views

Home Design

  • Pillar, Post or Pier Foundation
  • Membrane Roofing
  • Clay Roof
  • Stucco

Interior Spaces

  • 1,681 Sq Ft Home
  • Furnished
  • Dining Room

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

Parking

  • Detached Garage
  • Oversized Parking
  • Parking Lot

Pool

  • Heated In Ground Pool
  • Spa
  • Gunite Pool

Outdoor Features

  • Patio

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include cable TV, insurance, ground maintenance, pest control, playground, pool(s), recreation facilities, sewer, security, trash, water
  • High-Rise Condominium
  • Laketown Wharf Phase Ii Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Business Center
  • Elevator

Recreation

  • Boat Dock
  • Beach
  • Community Spa
  • Park

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,511

Year Built

Built in 2008

Lot Details

0

HOA Fees

$1,001 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street, Highway
  • Road Surface Type: Paved
  • Subdivision Name: Laketown Wharf Phase II
  • Architectural Style: High Rise
  • Entry Level: 4
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Spa Features: Community, Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1681.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Primary Bedroom

Exterior Features

  • Pool Features: Community, Gunite, Electric Heat, In Ground, Pool
  • View: Gulf, Lake
  • View: Yes
  • Waterfront Features: Dock Access, Lake, Lake Front
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Built-in Barbecue, Balcony, Patio
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony
  • Roof: Clay, Membrane

Garage/Parking

  • Parking Features: Detached, Garage, Oversized, Parking Lot
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Trash Collection
  • Security Features: Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3002.01
  • Community Features: Barbecue, Beach, Business Center, Clubhouse, Dock, Elevator, Fitness Center, Park, Shopping, Short Term Rental Allowed, Waterfront, Pool
  • Amenities: Dock, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Maintenance Grounds, Pest Control, Playground, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 5511.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

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 $5,649 $430,100 -- $430,100
2023 $5,649 $452,625 $0 $452,625
2022 $4,585 $395,250 $0 $395,250
2021 $3,028 $272,000 $0 $272,000
2020 $3,216 $263,500 $0 $263,500
2019 $3,088 $256,700 $0 $256,700
2018 $2,709 $218,238 $0 $0
2017 $2,479 $217,175 $0 $0
2016 $2,422 $208,675 $0 $0
2015 $1,910 $145,783 $0 $0
2014 $1,595 $132,530 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 For Sale $420,000 -- $250 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $378,100 None Available
Warranty Deed $265,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $230,000 New Conventional
Previous Owner $225,250 Adjustable Rate Mortgage/ARM
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 775512

Central Panhandle Association of REALTORS®

APN: 40001-000-118