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$289,900   Price Analysis
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9860 S Thomas Dr Unit 102
Panama City, FL 32408
1 bed 2 bath 1,047 SqFt ($276/SqFt)
Built 2008
Listed 2024-05-25, HOA $770, Taxes $2,666
Ⓧ USDA Ineligible
due to location

near Panama City

Amazing Investment Opportunity!

LOW FLOOR ALERT. NO ELEVATOR WAIT! Welcome to the first-floor 102 at the popular Laketown Wharf resort! This completely updated condo offers easy access to the beach and multiple pools. With a fantastic gross income of $31, 000 from 4/25/22 to 3/1/23 and over $12, 000 booked for the rest of this summer, this property is a lucrative investment! Step inside to discover freshly painted white cabinets, modern gold hardware, new sinks with updated faucets, Quartz countertops, backsplash, shiplap, lighting and vinyl plank flooring. A brand new HVAC system was installed in March 2023.This unit comfortably sleeps six with a king bed, sleep sofa and twin bunks.

Enjoy convenient beach access and proximity to a public golf course. The resort features five pools (one heated), two hot tubs, a Gulf-view fitness center, storage spaces for rent, ample covered parking, a pool-side tiki bar and grill and several on-site restaurants. Plus, Walmart is across the street!You'll also find a 52, 000 square foot boardwalk overlooking the lake with a mesmerizing lighted fountain show at night. Laketown Wharf is surrounded by entertainment, restaurants and shoppng, making it the perfect location for a second home, primary residence or investment property. And yes, owners' pets are a llowed!Don't miss this opportunity to own a piece of paradise steps away from the most attractive sugar white sand beaches!


Presented by Laurie W Mckay at
Coastal Living Realty & Associates.


Property MLS #757671 from CPARMLS

Bedrooms: 1

Total Bathrooms: 2
Full Bathrooms: 2

KitchenIsland

Dryer
Dishwasher
ElectricOven
ElectricRange
Disposal
Microwave
Refrigerator
Washer

Bedroom: 13 x 11
Bedroom Level: First
Bedroom Desc: Ensuite bathroom
Living Room Dimensions: 18 x 17
Living Room Level: First
Living Room Features: Living Room/Dining Room

Cooling Features: CentralAir, CeilingFans
Heating Features: Central
Heating: Yes

Kitchen Dimensions: 14 x 9
Kitchen Features: Rental Ready
Kitchen Level: First

Balcony
Other Structures: Gazebo
Patio And Porch Features: Balcony

Pool Features: GasHeat, InGround, Community
Spa Features: Community

Lake
LakeFront

Garage Spaces: 2
Parking Features: Garage

Lot Size Dimensions: 0x0

View: Gulf, Lake, Pond
Security Features: BuildingSecurity, FireSprinklerSystem, SecuredGarageParking, Item24HourSecurity, SecurityService

Association: Yes
Association Amenities: BeachRights, PicnicArea
Association Fee: 2309
Association Fee Frequency: Quarterly
Association Fee Includes: CableTV, Insurance, Internet, PestControl, Pools, Sewer, Security, Trash, Water
Calculated Total Monthly Association Fees: 770

Elementary School: Breakfast Point
High School: Arnold
Middle School: Breakfast Point

Breakfast Point Academy is a public elementary and middle school located approximately 1.7 miles away.
directions icon Map directions

J.R. Arnold High School is a public high school located approximately 1.9 miles away.
directions icon Map directions

St. Bernadette Catholic School is a private elementary school located approximately 1.1 miles away.
directions icon Map directions

Number of Units In Community: 765

Community Features: Barbecue, DogPark, Elevator, FitnessCenter, Park, Pool, RecreationArea, Restaurant, StorageFacilities, Shopping, ShortTermRentalAllowed

Annual Tax Amount: 3337
Source Listing Status: Active
County: Bay
Directions: Located at the corner of Front Beach Road and S. Thomas Drive across from Pineapple Willy's. This unit is located on the east side of the building behind the south parking garage.
Tax Year: 2023
Source Property Type: Residential
Property Subtype: condo
MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Source Neighborhood: Laketown Wharf
Parcel Number: 40001-000-002
Postal City: Panama City
Subdivision: Laketown Wharf
Property Subtype: Condominium
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$191,675
$2,666
2021$174,250 + $unknown
$174,250
$2,252
2020$168,215 + $unknown
$168,215
$2,094
2019$130,220 + $unknown
$130,220
$1,647
2018$134,300 + $unknown
$134,300
$1,740
2017$166,430 + $unknown
$166,430
$1,795
2016$129,965 + $unknown
$129,965
$1,520
2015$unknown + $unknown
$76,012
$1,120
2014$unknown + $unknown
$69,102
$1,017
2013$unknown + $unknown
$62,820
$702
2012$unknown + $unknown
$64,914
$725
2011$unknown + $unknown
$80,750
$915
2010$unknown + $unknown
$120,405
$1,385
2009$unknown + $unknown
$160,191
$1,867
2008$unknown + $unknown
$8,748
$124

Listed 2024-05-25
$289,900
CPARMLS
Listing removed 2024-04-09
$0
CPARMLS
Listing removed 2024-04-09
$0
NWFlorida
Price Changed 2024-01-18
$299,900
NWFlorida
Price Changed 2024-01-17
$299,900
CPARMLS
Listed 2024-01-04
$309,900
NWFlorida
Listed 2023-12-20
$309,900
CPARMLS
Sold 2023-07-06
$270,000
CPARMLS
Listing removed 2020-03-21
$0
CPARMLS
Listed 2020-02-08
$174,900
CPARMLS
Sold 2019-02-04
$139,900
NWFlorida
Relisted 2018-11-06
$139,900
NWFlorida
Listing removed 2018-10-17
$139,900
NWFlorida
Listed 2018-04-17
$139,900
CPARMLS
Listed 2018-04-01
$139,900
NavarreBeach
Listed 2018-04-01
$139,900
NWFlorida
Sold 2015-02-06
$57,690,000
Public Record

Total Square Feet Living: 1047
Year Built: 2008
Construction Materials: Stucco
Entry Level: 1
Living Area Source: Appraiser
Property Age: 16
Roof: Membrane
Building Total Stories: 21
House Style: HighRise
Architectural Style: HighRise

CableConnected
HighSpeedInternetAvailable
SewerConnected
TrashCollection
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.