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
…
(Read more)
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 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.