$280,000

Laketown Wharf Resort 9902 S Thomas Dr Unit 1237 Panama City, FL 32408

Estimated payment $1,743/month

Total Views 2,933
1 Bed
2 Baths
1,047 Sq Ft
$267 Price per Sq Ft

Highlights

  • Lake Front
  • Heated In Ground Pool
  • Living Room
  • 24-Hour Security
  • Balcony
  • Picnic Area

About This Home

Unlock an exceptional investment opportunity in Panama City Beach, FL, with this beautifully updated and fully furnished condo at Laketown Wharf. Nestled in a prime location within the complex, it offers quick access to elevators, enhancing convenience for guests and boosting rental demand. The unit features stunning lake views from the balcony and breathtaking Gulf views from various locations throughout the condo, ensuring each stay is visually delightful. Enjoy a captivating nightly water show over the lake, adding to the enchanting ambiance for vacationers. Laketown Wharf offers an array of amenities, including multiple pools, on-site restaurants, and various shops, providing entertainment and convenience at your doorstep. Designed to comfortably accommodate up to six guests, this condo promises robust rental returns thanks to its strategic location and thoughtful upgrades. With modern flooring, fresh paint, and elegant light fixtures, the property exudes contemporary charm. It comes fully furnished, including kitchen appliances, ensuring it's ready for immediate rental. Priced attractively for investors, this property offers the ideal blend of beach allure, comfort, and substantial cash flow potential. Act quickly to secure a piece of Florida's stunning Gulf coast, where your investment not only thrives but indulges in paradise.

Listing Agent

Mowayne Copeland

Keller Williams Success Realty Listed on: 10/17/2025

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,083

Year Built

  • Built in 2007

Lot Details

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Heated In Ground Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Condominium
  • Laketown Wharf Subdivision

Amenities

  • Picnic Area

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,083

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: 0
  • Road Frontage Type: City Street
  • Subdivision Name: Laketown Wharf
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Luxury Vinyl Plank
  • Dining Room Type: Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: Electric Heat, In Ground
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake, Lake Front
  • Waterfront: Yes
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, High Speed Internet Available, Phone Connected, Sewer Available
  • Security Features: 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental Allowed
  • Amenities: Business Center, Barbecue, Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Paved
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 3083.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

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 $3,083 $225,250 -- $225,250
2024 $2,991 $205,340 -- --
2023 $2,991 $186,673 $0 $259,250
2022 $2,538 $169,703 $0 $0
2021 $1,994 $154,275 $0 $154,275
2020 $1,685 $130,220 $0 $130,220
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 List to Sale Price per Sq Ft Prior Sale
10/17/2025 10/17/25 For Sale $280,000 +49.7% $267 / Sq Ft
12/09/2020 12/09/20 For Sale $187,000 0.0% $179 / Sq Ft
12/04/2020 12/04/20 Sold $187,000 +18.4% $179 / Sq Ft View Prior Sale
10/22/2020 10/22/20 Pending -- -- --
07/20/2018 07/20/18 Sold $157,900 0.0% $151 / Sq Ft View Prior Sale
06/11/2018 06/11/18 For Sale $157,900 -- $151 / Sq Ft
06/04/2018 06/04/18 Pending -- -- --
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $187,000 None Available
Warranty Deed $157,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,000 New Conventional
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 780527

Central Panhandle Association of REALTORS®

APN: 40001-000-438