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1 Bed
2 Baths
1,047 sqft

$255,000

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

Price per sqft$243.55
Built in2008
Property size1,047 sqft
Property typeCondominium

Overview

Active

Listed May 5, 2026

Updated 10h ago

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!

$1,697/mo

Est. mortgage payment based on a $255,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
789426

Interior Features

Bedrooms
1
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,375
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Garage
Yes
View
Yes
Pool
Yes
55+/Senior Community
No

 

Courtesy of Coastal Palms Real Estate, Elaine G Fenster,
Listing Contact: 850-704-2051 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Roger Rietsema shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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