NOT LISTED FOR SALE

Laketown Wharf Resort 9860 S Thomas Dr Unit Commercial Unit 5 Panama City, FL 32408

Estimated Value: $235,000

-- Bed
1 Bath
1,536 Sq Ft
$744/mo HOA Fee

Last Sold September 26, 2022

Last sale price $336,000 $219 Per Sq Ft

Est. 30% decrease in value since last sale

Current estimated payment $2,048/month

Highlights

  • Lake Front
  • Boat Dock
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Gulf View
  • Elevator

About This Home

As of September 2022

Have You Been Waiting For The PERFECT Property? Well...Wait No Longer! This Gorgeous Space Offers Incredible Views & Waiting To Be Designed To Your Perfection! Being Sold As-Is, This Property Is Conveniently Located On The 11th Floor, Expanding 2 Stories & Just Steps Away From The Beach! Laketown Wharf Resort Is In The Heart Of All The Fun & Excitement In Panama City Beach Just Steps Away From The World's Most Beautiful White-Sand Beaches, Shopping, Dining & Entertainment. This Beachside Resort Offers Unparalleled Amenities With Convenient Beach Access, 5 Unique Pools, 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.

Last Agent to Sell the Property

Meghan Hall

Keller Williams Realty SRB License #3186166 Listed on: 09/27/2022

Keller Williams Realty SRB

Last Buyer's Agent

Denise Hindes

Coastal Living Realty & Associates LLC License #3590454

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $620

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $744 Monthly HOA Fees

Parking

  • Attached Garage

Property Views

Home Design

  • Membrane Roofing
  • Concrete Siding
  • Piling Construction
  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 1,536 Sq Ft Home
  • Living Room

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 40001-000-770

Community Details

Overview

  • Association fees include ground keeping, insurance, management, security, sewer, water, cable TV, trash
  • Laketown Wharf Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Boat Dock
  • Community Whirlpool Spa

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$620

Year Built

Built in 2007

Lot Details

0

HOA Fees

$744 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Laketown Wharf
  • Directions: Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's. Commercial #5 Is Located On The 11th Floor Knuckle.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterview:Lake2: Yes
  • Waterfront:Lake: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 1

Exterior Features

  • Pool Features: Pool Type
  • View: Lake, Gulf, Unit Waterview Only
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Concrete, Foundation On Piling, Roof Membrane, Stucco
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • ConstructionSiding:Roof Membrane: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage
  • General Property Info:Garage2: Yes
  • Parking Features:Garage Attached: Yes
  • Parking Features:Garage3: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric

Condo/Co-op/Association

  • Community Features: BBQ Pit/Grill, Dock, Dumpster, Elevators, Exercise Room, Pets Allowed, Picnic Area, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 2232.34
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Management, Security, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 40001-000-770
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2023
Sold by
Ltw Commercial 2 Llc
Bought by
Sall Away Vacation Rentals Inc
Current Estimated Value
$235,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,350,000
Outstanding Balance
$317,306
Interest Rate
9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2021
Sold by
Darlington Street Llc
Bought by
Ltw Commercial 1 Llc

Purchase Details

Closed on
Feb 5, 2015
Sold by
Laketown Wharf Marketing Ii Llc
Bought by
Darlington Street Llc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sall Away Vacation Rentals Inc $2,200,000 None Listed On Document
Ltw Commercial 1 Llc -- Attorney
Darlington Street Llc $820,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sall Away Vacation Rentals Inc $2,350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2022 09/27/22 For Sale $336,000 0.0% $219 / Sq Ft
09/26/2022 09/26/22 Sold $336,000 -- $219 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History Compared to Growth

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 $620 $33,200 -- $33,200
2023 $620 $33,200 $0 $33,200
2022 $589 $33,200 $0 $33,200
2021 $532 $20,452 $0 $0
2020 $502 $33,200 $0 $33,200
2019 $425 $33,200 $0 $33,200
2018 $315 $15,366 $0 $0
2017 $215 $15,366 $0 $0
2016 $207 $15,366 $0 $0
2015 $148 $9,876 $0 $0
2014 $117 $9,876 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Meghan Hall

    Seller's Agent in 2022

    Meghan Hall

    Keller Williams Realty SRB

    (850) 867-6710

    328 in this area

    588 Total Sales

    Meghan Hall
    Section Image
  • Denise Hindes

    Buyer's Agent in 2022

    Denise Hindes

    Coastal Living Realty & Associates LLC

    (404) 401-2444

    57 in this area

    66 Total Sales

    Denise Hindes
    Section Image
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About Laketown Wharf Resort

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 908949

Emerald Coast Association of REALTORS®

APN: 40001-000-770

Florida Bay County Panama City 32407

9860 S Thomas Dr Unit Commercial Unit 5, Panama City, FL

This home is located at 9860 S Thomas Dr Unit Commercial Unit 5, Panama City, FL 32408 since 27 September 2022 and is currently priced at $235,000, approximately $152 per square foot. This property was built in 2007. 9860 S Thomas Dr Unit Commercial Unit 5 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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