9860 S Thomas Drive 305, Panama City Beach, FL 32408 (MLS# 789426)

9860 S Thomas Drive 305, Panama City Beach, FL 32408

$255,000

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Laketown Wharf Amenities - AWP Media 001

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Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 1,047 Status: Active

Current Price: $255,000 List Date: 5/05/2026 Last Modified: 9/02/2026

Overview

Description

This 1 bedroom unit in Laketown Wharf has had a 'Consistent and Steady' STR history that has proven to bring back its guests every year. In 2025 this unit made up to $53,000 in STR income and consistently proves the same in 2026. (2025- GRI $53,100). It has built a reputation based on integrity, valued hosting, and quality history. This unit is not new to the STR market so any investor that looks to purchase unit 305 will have a portfolio based on years of rentals. The STR income has been steady and each year has gained a very high end profit. Unit 305 is turn-key, is fully stocked, and comes fully furnished. Overlooking the lake and the pool, the sunsets bring out the best in the view. Located on the third floor, wait times for elevators are short, stairs are easily accessible as they are near the unit, and it is an end unit so traffic is quiet in this location of the premises. NO long wait times which is an added bonus in the complex. Located in the East building, the condo is … (Read more)

Listing Details MLS# 789426

Contract Info

List Price/SqFt: 243.55

Location

Area: 03 – Bay County – Beach
Street #: 9860
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: 305
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Laketown Wharf
Community/Resort: None
Waterfront: No
Parcel ID: 40001-000-068
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Located at the corner of S Thomas Drive and Front Beach Road. Across from Pineapple Willy's Restaurant. Unit is located in the East building, park in the East garage and come to the 3rd floor.
Legal Description: LAKETOWN WHARF UNIT 305 TYPE C BLDG 2 ORB 2994 P 1890 1BR 2BA BUNK ORB 4563 P 2334 1047 TOTAL SF

General Property Info

Sub-Type: Condominium
Floor Number: 3
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1047
SqFt Source: Prop App Site
Balcony SqFt: 152
Full Baths: 2
Total Baths: 2
# of Stories in Building: 21
# of Units in Bldg: 768
Units Above Ground: 736
Year Built: 2008
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 2
Assigned Spaces: 2
Lot Dimensions: condo
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 2490.58
HOA Frequency: Quarterly
HOA Annual Amount: 9962.32
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 3375
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Section: 36
Township: 3S
Range: 16W
Condo Doc: Yes

Remarks & Misc

Remarks: This 1 bedroom unit in Laketown Wharf has had a 'Consistent and Steady' STR history that has proven to bring back its guests every year. In 2025 this unit made up to $53,000 in STR income and consistently proves the same in 2026. (2025- GRI $53,100). It has built a reputation based on integrity, valued hosting, and quality history. This unit is not new to the STR market so any investor that looks to purchase unit 305 will have a portfolio based on years of rentals. The STR income has been steady and each year has gained a very high end profit. Unit 305 is turn-key, is fully stocked, and comes fully furnished. Overlooking the lake and the pool, the sunsets bring out the best in the view. Located on the third floor, wait times for elevators are short, stairs are easily accessible as they are near the unit, and it is an end unit so traffic is quiet in this location of the premises. NO long wait times which is an added bonus in the complex. Located in the East building, the condo is close to all the amenities, restaurants, and entertainment. This unit comes with two assigned parking spots in the East garage. This condo was partially remodeled after the current owner purchased it. New furnishings throughout. Please see video tour in the video section of the listing for the full effect. Laketown Wharf offers its own private beach access for its guests. On site, all amenities include 5 unique pools, a fitness center, a mini golf course, restaurants and shops, and 52,000 square feet of a lakefront boardwalk with gated 24-hour roving security. Unit 305 is priced to sell!

Balcony

First: Yes

More Information

Bunk Hall

First: Yes

Dining Room

First: Yes

Pool Features

Gunite Concrete: Yes
Heated – Gas: Yes
Inground: Yes

Interior Features

Breakfast Bar: Yes
Floor – Tile: Yes
Floor – Vinyl Plank: Yes
Kitchen Island: Yes
Window – Treatment All: Yes

Construction/Siding

Concrete: Yes
Foundation – On Piling: Yes
Roof – Clay/Concrete: Yes
Roof – Membrane: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes

Association Fees Include

Accounting: Yes
BBQ Pit/Grill: Yes
Community Room: Yes
Dock: Yes
Dumpster: Yes
Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Pavilion/Gazebo: Yes
Pest Control: Yes
Picnic Area: Yes
Pool: Yes
Recreational Faclty: Yes
Security: Yes
Sewer: Yes
Trash Disposal: Yes
TV Cable: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Bunk Hallway: Yes

Kitchen

First: Yes

Lot Features

Corner Lot: Yes
Covenants & Rescrictions: Yes
Easements: Yes
Landscaped: Yes
Near Beach Access: Yes
Subdivision – Recorded: Yes
Sidewalk: Yes
Within 1/2 Mile to Water: Yes

Lot Access

City Street: Yes
State Highway: Yes
Paved Road: Yes

Parking Features

Additional Parking: Yes
Assigned: Yes
Paved: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Boardwalk: Yes
Business Center: Yes
Community Room: Yes
Dumpster: Yes
Elevators: Yes
Exercise Room: Yes
Mini Golf: Yes
Pavilion/Gazebo: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Retail Shops: Yes
Security-24 hour: Yes
Whirlpool: Yes

Rooms

Balcony: Yes
Bunk Hall: Yes
Dining Room: Yes
Kitchen: Yes
Primary Bedroom: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Garbage: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes
Other – See Remarks: Yes

Waterview

Lake: Yes

Primary Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Heating

Central: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

24 Hour Security: Yes
Fire Alarm: Yes
Gated Community: Yes
Smoke Detector(s): Yes

Property Features

Primary Bedroom: First Cooling: Ceiling Fan(s); Central Air Heating: Central Exterior: Balcony Association Fees Include: Accounting; BBQ Pit/Grill; TV Cable; Community Room; Dock; Dumpster; Exercise Room; Gated Community; Ground Keeping; Pavilion/Gazebo; Pest Control; Picnic Area; Pool; Recreational Faclty; Security; Sewer; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Interior: Bunk Hallway Kitchen: First Lot Features: Corner Lot; Covenants & Rescrictions; Easements; Landscaped; Near Beach Access; Sidewalk; Subdivision – Recorded; Within 1/2 Mile to Water Lot Access: City Street; State Highway; Paved Road Balcony: First Bunk Hall: First Dining Room: First Pool Features: Gunite Concrete; Heated – Gas; Inground Security Features: 24 Hour Security; Fire Alarm; Gated Community; Smoke Detector(s) Parking Features: Additional Parking; Assigned; Paved Association Amenities: BBQ Pit/Grill; Beach; Boardwalk; Business Center; Community Room; Dumpster; Elevators; Exercise Room; Mini Golf; Pavilion/Gazebo; Picnic Area; Playground; Pool; Retail Shops; Security-24 hour; Whirlpool Rooms: Balcony; Bunk Hall; Dining Room; Kitchen; Primary Bedroom Utilities: TV Cable; Electricity – Connected; Garbage; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected; Other – See Remarks Waterview: Lake Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width
Primary Bedroom	First	13 x 11	13.00	11.00
Bunk Hall	First	8 x 7	8.00	7.00
Dining Room	First	18 x 17	18.00	17.00
Kitchen	First	14 x 19	14.00	19.00
Balcony	First	19 x 18	19.00	18.00

Listing Office: Coastal Palms Real Estate

Last Updated: September – 02 – 2026

Information deemed reliable but not guaranteed.