9860 S Thomas Drive 1007, Panama City, FL 32408

$370,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,262 Status: Sold
Current Price: $370,000 List Date: 5/14/2026 Last Modified: 6/24/2026

Overview

Description

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

Listing Details MLS# 789890

Contract Info

List Price/SqFt
301.11

Location

Area
03 – Bay County – Beach
Street #
9860
Street Direction
S
Street Name
Thomas
Street Suffix
Drive
Unit #
1007
State
FL
Zip Code
32408
County
Bay
Sub Area
0323 – Beach – South of Grand Lagoon
Subdivision
Laketown Wharf Phase II
Community/Resort
None
Waterfront
No
Parcel ID
40001-000-332
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Directions
Located at the Corner of Front Beach Road and South Thomas Drive, Across from Pineapple Willy's.
Legal Description
LAKETOWN WHARF UNIT 1007 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4590 P 1371 1262 TOTAL SF

General Property Info

Sub-Type
Condominium
Floor Number
10
Design
High-Rise (8+ floors)
Apx SqFt(Htd/Cooled)
1262
SqFt Source
Prop App Site
Full Baths
2
Total Baths
2
Year Built
2008
Construction Status
Construction Complete
New Construction
No
Garage Y/N
No
Lot Dimensions
0x0
Pool
Yes
Pool Type
Community

Status Change Info

Under Contract Date
2026-05-22
Sold Date
2026-06-24
Sold Price/SqFt
293.19

Listing Info, Tax and Legal

HOA Fee
Yes
HOA Amount
3198
HOA Frequency
Quarterly
HOA Annual Amount
12792
New Buyer Fee
Yes
New Buyer Fee Amt
150
Last Taxes
4386
Last Tax Year
2025
Brokerage Interest
No Interest
As Is
Yes
Condo Doc
Yes

Remarks & Misc

Remarks
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.

More Information

Pool Features

Fenced
Yes
Inground
Yes
Pool/Spa Combo
Yes

Appliances

Cooktop – Electric
Yes
Dishwasher
Yes
Ice Maker
Yes
Microwave
Yes
Oven – Electric
Yes
Refrigerator
Yes
Washer/Dryer Stacked
Yes

Interior Features

Floor – Vinyl Plank
Yes
Window – Treatment All
Yes

Construction/Siding

Siding – Stucco
Yes

Exterior

Balcony
Yes

Association Fees Include

Accounting
Yes
Conference Center
Yes
Exercise Room
Yes
Ground Keeping
Yes
Internet Service
Yes
Management
Yes
Pavilion/Gazebo
Yes
Pest Control
Yes
Picnic Area
Yes
Pool
Yes
Water
Yes
Whirlpool
Yes

Financing

Cash
Yes
Conventional
Yes
FHA
Yes
Seller Financing
Yes
VA
Yes

Furnished

Furnished
Yes

Interior

Bunk Room
Yes

Lot Features

Within 1/2 Mile to Water
Yes

Lot Access

Paved Road
Yes

Parking Features

Gated
Yes

Present Zoning

Resid Multi-Family
Yes

Association Amenities

Boardwalk
Yes
Community Room
Yes
Conference Center
Yes
Dumpster
Yes
Elevators
Yes
Exercise Room
Yes
Gated Community
Yes

Rooms

Bedroom
Yes
Bunk Room
Yes
Kitchen
Yes
Living Room
Yes
Primary Bedroom
Yes

Utilities

Cable – Available
Yes
Public Sewer – Connected
Yes
Public Water – Connected
Yes

Waterview

Gulf
Yes
Lake
Yes

Sale Type

As Is
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes
Electric
Yes

Heating

Central
Yes
Electric
Yes

Primary Bdrm/Primary Bath

MBath Double Vanity
Yes
MBath Separate Shwr
Yes
MBath Tub – Soaking
Yes

Security Features

24 Hour Security
Yes
Gated Community
Yes
Gated with Guard
Yes
Secured Garage/Parking
Yes
Security Fence
Yes
Security Gate
Yes
Security Guard
Yes
Security Service
Yes
Smoke Detector(s)
Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Ice Maker; Microwave; Oven – Electric; Refrigerator; Washer/Dryer Stacked Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Association Fees Include: Accounting; Exercise Room; Internet Service; Ground Keeping; Management; Conference Center; Pavilion/Gazebo; Pest Control; Picnic Area; Pool; Whirlpool; Water Financing: Cash; Conventional; FHA; Seller Financing; VA Furnished: Furnished Interior: Bunk Room Lot Features: Within 1/2 Mile to Water Lot Access: Paved Road Pool Features: Fenced; Inground; Pool/Spa Combo Security Features: 24 Hour Security; Gated Community; Gated with Guard; Secured Garage/Parking; Security Fence; Security Gate; Security Guard; Security Service; Smoke Detector(s) Parking Features: Gated Association Amenities: Boardwalk; Community Room; Dumpster; Elevators; Exercise Room; Gated Community; Conference Center Rooms: Bedroom; Bunk Room; Kitchen; Living Room; Primary Bedroom Sale Type: As Is Utilities: Cable – Available; Public Sewer – Connected; Public Water – Connected Waterview: Gulf; Lake Present Zoning: Resid Multi-Family

Room Information

Room Name Dimensions Length Width
Primary Bedroom 14 x 12 14.00 12.00
Bedroom 12 x 11 12.00 11.00
Bunk Room 9 x 7 9.00 7.00
Kitchen 11 x 9 11.00 9.00
Living Room 20 x 15 20.00 15.00
Listing Office: Salty Marlin Realty LLC
Last Updated: June – 24 – 2026
Information deemed reliable but not guaranteed.