9860 S Thomas Drive R-12, Panama City, FL 32408 (MLS# 779463)

9860 S Thomas Drive R-12, Panama City, FL 32408

$305,865

Property Type: Commercial for Sale Square Footage: 1,001 Status: Active

Current Price: $305,865 List Date: 9/23/2025 Last Modified: 7/12/2026

Overview

Description

OWNER FINANCING AVAILABLE. A rare opportunity to own a commercial unit at Laketown Wharf. Plenty of parking. This unit is 971/SQFT of prime retail space with entrances facing Thomas Drive and the Lake. This complex has over 700 residential units with over 10,000 short term rental guests over the rental season. The unit has visibility from Thomas Drive and is located at one of the busiest intersections at Laketown Wharf. Don’t miss the opportunity to start or expand your business.

Listing Details MLS# 779463

Contract Info

List Price/SqFt: 305.56
Sub-Type: Retail

Location

Area: 03 – Bay County – Beach
Street #: 9860
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: R-12
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: 40001-000-777
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Laketown Wharf is located at the corner of Front Beach Road and Thomas Drive. The unit is located on the ground floor towards the middle of the complex.
Legal Description: LAKETOWN WHARF RETAIL UNIT #12 ORB 2994 P 1890 971 TOTAL SF ORB 4584 P 224

General Property Info

List Class: Other
Construction Status: Construction Complete
SqFt Tot Bldg: 1001
Year Built: 2007
Acreage: 0

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 2309.8
HOA Frequency: Quarterly

Remarks & Misc

Remarks: OWNER FINANCING AVAILABLE. A rare opportunity to own a commercial unit at Laketown Wharf. Plenty of parking. This unit is 971/SQFT of prime retail space with entrances facing Thomas Drive and the Lake. This complex has over 700 residential units with over 10,000 short term rental guests over the rental season. The unit has visibility from Thomas Drive and is located at one of the busiest intersections at Laketown Wharf. Don't miss the opportunity to start or expand your business.

More Information

Association Fees Include

Accounting: Yes
BBQ Pit/Grill: Yes
Community Room: Yes
Exercise Room: Yes
Internet-WiFi: Yes
Legal: Yes
Management: Yes
Pavilion/Gazebo: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Security: Yes
Trash Disposal: Yes
TV Cable: Yes
Water: Yes

Floors in Unit/Home

One: Yes

Listing Office: Coastal Living Realty & Associates

Last Updated: July – 12 – 2026

Information deemed reliable but not guaranteed.