$380,000

Laketown Wharf Resort 9860 S Thomas Dr Unit 1007 Floor 10 Panama City, FL 32408

Estimated payment $2,393/month

3 Beds
2 Baths
1,262 Sq Ft
$301 Price per Sq Ft

Highlights

  • 24-Hour Security
  • Gulf View
  • Clubhouse
  • In Ground Pool
  • Gated Parking
  • Elevator

About This Home

GULF VIEWS, STRONG RENTAL POTENTIAL & FLEXIBLE SELLER FINANCING! This 10th-floor condo delivers the Panama City Beach lifestyle buyers and investors are looking for, with direct access to sugar-white sand beaches, emerald Gulf waters, and endless entertainment just steps away. Whether you're searching for a personal getaway or a high-performing vacation rental, this unit offers an ideal opportunity. Inside, the open-concept living space is filled with natural light and flows to a private balcony overlooking the Gulf, perfect for morning coffee or relaxing after a day on the beach. The layout is designed to maximize occupancy with a spacious bedroom and additional bunk space, making it highly appealing for short-term rentals. Located in a resort-style community, owners and guests enjoy multiple pools, beach access, a fitness center, and on-site dining, all contributing to strong rental demand. Positioned along one of the most desirable stretches of Panama City Beach, you are just minutes from popular attractions, waterfront dining, shopping, fishing charters, and family-friendly entertainment. This is a turnkey opportunity for investors seeking income potential in a high-demand beach market or buyers wanting a vacation home that can help offset costs through rentals. Seller financing available at 5% interest with a 3 to 4 year balloon, amortized over 30 years, with 20% down, adding flexibility to an already strong investment opportunity.

Listing Agent

The Wheeler Sauls Collective

Salty Marlin Realty LLC Listed on: 05/14/2026

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 2008

Property Views

Home Design

  • Entry on the 10th floor
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Ice Maker

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gated Parking
  • Secured Garage or Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Security Fence
  • Central Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • Laketown Wharf Phase II Subdivision

Amenities

  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Elevator

Recreation

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,386

Year Built

Built in 2008

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2008
  • Property Sub Type: Condominium
  • Subdivision Name: Laketown Wharf Phase II
  • Architectural Style: High Rise
  • Entry Level: 10
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: Fenced, In Ground, Community
  • View: Gulf, Lake
  • View: Yes
  • Waterfront: No
  • Construction Type: Stucco
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Gated
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available
  • Security Features: Security Gate, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security, Security Fence, Security Guard, Security Service, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Community Pool, Gated, Short Term Rental Allowed
  • Amenities: Gazebo, Picnic Area, Spa/Hot Tub
  • Association: Yes

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4386.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

About Laketown Wharf Resort

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $4,767 $335,750 -- $335,750
2024 $4,978 $369,750 -- $369,750
2023 $4,978 $391,000 $0 $391,000
2022 $3,843 $330,225 $0 $330,225
2021 $2,704 $212,500 $0 $212,500
2020 $2,436 $204,000 $0 $204,000
2019 $2,305 $202,470 $0 $202,470
2018 $2,238 $151,952 $0 $0
2017 $1,959 $138,138 $0 $0
2016 $1,726 $125,580 $0 $0
2015 $1,429 $114,164 $0 $0
2014 $1,302 $103,785 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2026 05/14/26 For Sale $380,000 -8.4% $301 / Sq Ft
01/22/2023 01/22/23 Off Market $415,000 -- --
06/20/2022 06/20/22 Off Market $249,000 -- --
10/15/2021 10/15/21 Sold $415,000 0.0% $329 / Sq Ft View Prior Sale
10/03/2021 10/03/21 Pending -- -- --
10/03/2021 10/03/21 For Sale $415,000 +66.7% $329 / Sq Ft
02/28/2020 02/28/20 Sold $249,000 +6.0% $197 / Sq Ft View Prior Sale
01/28/2020 01/28/20 Pending -- -- --
01/24/2020 01/24/20 For Sale $234,900 -- $186 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $415,000 South Oak Ttl Llc Santa Rosa
Warranty Deed $249,000 South Oak Title Panama City
Condominium Deed $359,700 Dowd Title Group Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $199,200 New Conventional
Previous Owner $200,000 Purchase Money Mortgage
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 789890

Central Panhandle Association of REALTORS®

APN: 40001-000-332

Florida Bay County Panama City 32407

9860 S Thomas Dr Unit 1007, Panama City, FL

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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Listing Agent
The Wheeler Sauls Collective
Salty Marlin Realty LLC
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