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Sold for $251,000
    • $251,000

    9860 S Thomas Dr Unit 102, Panama City Beach, FL 32408

    1beds
    1,047sqft
    Condominium
    Built in 2008
    -- sqft lot
    $231,400 Zestimate®
    $240/sqft
    $2,475 Estimated rent

    Home value

    $231,400

    $213,000 - $250,000

    $2,475/mo

    Zestimate® history
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    What's special

    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Amazing Investment Opportunity! ***LOW FLOOR ALERT! NO ELEVATOR WAIT!*** Welcome to the first-floor 102 at the popular Laketown Wharf resort! This completely updated condo offers easy access to the beach and multiple pools. With a fantastic gross income of $31,000 from 4/25/22 to 3/1/23 and over $12,000 booked for the rest of the summer, this property is a lucrative investment! Step inside to discover a completely renovated getaway.... freshly painted white cabinets, modern gold hardware, new sinks with updated faucets, Quartz countertops, backsplash, shiplap, lighting, and vinyl plank flooring. A brand new HVAC system was installed in March 2023. This unit comfortably sleeps six with a king bed, sleep sofa, and twin bunks. Enjoy convenient beach access and proximity to a public golf course. The resort features five pools (one heated), two hot tubs, a Gulf-view fitness center, storage spaces for rent, ample covered parking, a pool-side tiki bar and grill, and several on-site restaurants. Plus, Walmart is just across the street! You'll also find a 52,000 square foot boardwalk overlooking the lake with a mesmerizing lighted fountain show at night. Laketown Wharf is surrounded by entertainment, restaurants, and shopping, making it the perfect location for a second home, primary residence, or investment property. And yes, owners' pets are allowed! Don't miss this opportunity to own a beach investment home steps away from the most beautiful sugar-white sand beaches!

    Zillow last checked:

    Listing updated:

    Listed by:

    Laurie W McKay 850-866-9230,

    Coastal Living Realty & Associates

    Bought with:

    January Johnson, SL3368469

    EXP Realty LLC

    Source: CPAR,MLS#: 757671MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Kitchen, Living Room, Other
    Bedroom
    • Description: Ensuite bathroom
    • Level: First
    • Dimensions: 13 x 11
    Other
    • Description: Has its own bathroom
    • Level: First
    • Dimensions: 8 x 7
    Kitchen
    • Description: Rental Ready
    • Level: First
    • Dimensions: 14 x 9
    Living room
    • Description: Living Room/Dining Room
    • Level: First
    • Dimensions: 18 x 17
    Other
    • Description: Spacious w view
    • Features: Balcony
    • Level: First
    • Dimensions: 19 x 18
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Oven, Electric Range
    Interior area
    • Total structure area: 1,047
    • Total interior livable area: 1,047 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Patio & porch: Balcony
    • Pool features: Gas Heat, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf, Lake, Pond
    • Has water view: Yes
    • Water view: Gulf,Lake,Pond
    • Waterfront features: Lake, Lake Front
    Details
    • Additional structures: Gazebo
    • Parcel number: 40001000002
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Stucco
    • Roof: Membrane
    Condition
    • New construction: No
    • Year built: 2008

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, High Speed Internet Available

    Community & HOA

    Community
    • Features: Barbecue, Elevator, Fitness Center, Park, Pool, Storage Facilities, Shopping, Short Term Rental Allowed
    • Security: Building Security, Fire Sprinkler System, Secured Garage/Parking, 24 Hour Security, Security Guard, Security Service
    • Subdivision: Laketown Wharf
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $276,250
    • Annual tax amount: $3,337
    • Date on market: 5/25/2024
    • Cumulative days on market: 94 days

    Price history

    DateEventPrice
    9/27/2024Sold$251,000-1.6%$240/sqft
    Source: CPAR #757671 Report a problem
    8/20/2024Listing removed--
    Source: CPAR #757671 Report a problem
    8/9/2024Price change$255,000-5.2%$244/sqft
    Source: CPAR #757671 Report a problem
    7/16/2024Price change$269,000-7.2%$257/sqft
    Source: CPAR #757671 Report a problem
    5/25/2024Listed for sale$289,900-3.3%$277/sqft
    Source: CPAR #757671 Report a problem
    4/8/2024Listing removed--
    Source: CPAR #750503 Report a problem
    1/17/2024Price change$299,900-3.2%$286/sqft
    Source: CPAR #750503 Report a problem
    12/20/2023Listed for sale$309,900+14.8%$296/sqft
    Source: CPAR #750503 Report a problem
    7/10/2023Sold$270,000-5.2%$258/sqft
    Source: Public Record Report a problem
    6/26/2023Pending sale$284,900$272/sqft
    Source: CPAR #739978 Report a problem
    6/17/2023Price change$284,900-5%$272/sqft
    Source: CPAR #739978 Report a problem
    6/5/2023Price change$299,900-3.2%$286/sqft
    Source: CPAR #739978 Report a problem
    5/22/2023Price change$309,900-3.1%$296/sqft
    Source: CPAR #739978 Report a problem
    5/7/2023Price change$319,900-3%$306/sqft
    Source: CPAR #739978 Report a problem
    4/11/2023Listed for sale$329,900+88.6%$315/sqft
    Source: CPAR #739978 Report a problem
    3/20/2020Listing removed$174,900$167/sqft
    Source: Coldwell Banker Realty - Panama City Beach - Thomas Dr. #693853 Report a problem
    2/8/2020Listed for sale$174,900+25%$167/sqft
    Source: Coldwell Banker Residential Real Estate #693853 Report a problem
    2/4/2019Sold$139,900$134/sqft
    Source: CPAR #670697 Report a problem
    10/17/2018Pending sale$139,900$134/sqft
    Source: Keller Williams Emerald Coast Realty #670697 Report a problem
    4/18/2018Listed for sale$139,900$134/sqft
    Source: Keller Williams Emerald Coast Realty #670697 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,621 +8.5%$276,250 +31%
    2023$3,337 +25.2%$210,843 +10%
    2022$2,666 $191,675
    2021-- --
    2020$2,094 +27.1%$168,215 +29.2%
    2019$1,648 $130,220 -3%
    2018$1,648 -5.3%$134,300 -6.1%
    2017$1,740 -3.1%$142,962 +10%
    2016$1,795 +60.2%$129,965 +71%
    2015$1,121 $76,012 +10%
    2014$1,121 $69,102 +10%
    2013-- $62,820 -3.2%
    2012-- $64,914 -19.6%
    2011-- $80,750 -32.9%
    2010-- $120,405 -24.8%
    2009-- $160,191 +1731.2%
    2008-- $8,748
    Find assessor info on the county website

    Neighborhood: 32408

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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