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Sold for $229,000
  • $229,000

    9860 S Thomas Dr Unit 114, Panama City Beach, FL 32408

    1beds
    1,047sqft
    Condominium
    Built in 2008
    -- sqft lot
    $227,400 Zestimate®
    $219/sqft
    $2,814 Estimated rent

    Home value

    $227,400

    $209,000 - $248,000

    $2,814/mo

    Zestimate® history
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    What's special

    Spectacular lake viewsPrivate patioFountain and light showKids fun-scape playgroundGranite countertopsAbove the boardwalkGuest bath
    Just reduced $20k! This seller is motivated! Investment Opportunity - This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort . This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33,543, 2022/$27,882, 2023/$20,757, and 2024/$18,669 with heavy personal usage. Rental projections are right around $25-35k/annually. (Seller has high personal usage for friends and family). Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat, overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line. Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink. This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining. Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.

    Zillow last checked:

    Listing updated:

    Listed by:

    Shantel Peterson 850-543-9000,

    Real Broker LLC

    Bought with:

    Brenton Hitchcock

    Hitchcock Real Estate LLC

    Source: CPAR,MLS#: 765763MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Dining Room, Kitchen, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 13 x 11
    Dining room
    • Level: First
    • Dimensions: 18 x 17
    Kitchen
    • Level: First
    • Dimensions: 14 x 9
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Oven, Electric Range, Plumbed For Ice Maker
    • Laundry: Stacked
    Interior area
    • Total structure area: 1,047
    • Total interior livable area: 1,047 sqft

    Property

    Parking
    • Parking features: Gated, Paved, Parking Lot, Community Structure
    • Has attached garage: Yes
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Accessible Approach with Ramp
    Features
    • Patio & porch: Covered, Patio
    • Pool features: Fenced, Electric Heat, In Ground, Community
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    Details
    • Additional structures: Garage(s), Gazebo
    • Parcel number: 40001000012
    • Zoning description: Resort

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Low Rise
    • Property subtype: Condominium
    Materials
    • Concrete, Stucco
    • Foundation: Pillar/Post/Pier
    • Roof: Other
    Condition
    • New construction: No
    • Year built: 2008

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Beach, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Golf, Playground, Park, Pool, Shopping, Community Pool, Gated, Short Term Rental Allowed
    • Security: Building Security, Fire Escape, Firewall(s), Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Security Gate, Smoke Detector(s), Security Service
    • Subdivision: Laketown Wharf
    HOA
    • Has HOA: Yes
    • Amenities included: Gated, Gazebo, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $219/sqft
    • Tax assessed value: $276,250
    • Annual tax amount: $3,305
    • Date on market: 1/27/2025
    • Cumulative days on market: 254 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    8/26/2025Sold$229,000-4.5%$219/sqft
    Source: CPAR #765763 Report a problem
    8/15/2025Pending sale$239,900$229/sqft
    Source: CPAR #765763 Report a problem
    8/11/2025Price change$239,900-4%$229/sqft
    Source: ECAOR #957411 Report a problem
    6/10/2025Price change$249,900-7.4%$239/sqft
    Source: ECAOR #957411 Report a problem
    2/24/2025Price change$269,900-3.6%$258/sqft
    Source: ECAOR #957411 Report a problem
    1/8/2025Price change$279,900-3.4%$267/sqft
    Source: ECAOR #957411 Report a problem
    12/21/2024Listed for sale$289,900$277/sqft
    Source: ECAOR #957411 Report a problem
    12/21/2024Pending sale$289,900$277/sqft
    Source: ECAOR #957411 Report a problem
    10/1/2024Listed for sale$289,900$277/sqft
    Source: ECAOR #957411 Report a problem
    9/19/2024Pending sale$289,900$277/sqft
    Source: ECAOR #957411 Report a problem
    8/21/2024Price change$289,900+7.4%$277/sqft
    Source: ECAOR #957411 Report a problem
    7/7/2024Listed for sale$269,900-9.7%$258/sqft
    Source: Owner Report a problem
    7/2/2024Listing removed--
    Source: CPAR #753647 Report a problem
    3/4/2024Listed for sale$299,000+4.9%$286/sqft
    Source: CPAR #753647 Report a problem
    1/2/2024Listing removed--
    Source: CPAR #742050 Report a problem
    11/19/2023Price change$285,000-3.4%$272/sqft
    Source: CPAR #742050 Report a problem
    10/20/2023Price change$295,000-3.3%$282/sqft
    Source: CPAR #742050 Report a problem
    10/10/2023Price change$305,000-4.4%$291/sqft
    Source: CPAR #742050 Report a problem
    9/8/2023Price change$319,000-2.4%$305/sqft
    Source: CPAR #742050 Report a problem
    7/31/2023Price change$327,000-3.5%$312/sqft
    Source: CPAR #742050 Report a problem
    5/28/2023Listed for sale$339,000+118.7%$324/sqft
    Source: CPAR #742050 Report a problem
    5/23/2019Sold$155,000$148/sqft
    Source: CPAR #681982 Report a problem
    4/2/2019Pending sale$155,000$148/sqft
    Source: Keller Williams Emerald Coast Realty #681982 Report a problem
    4/2/2019Listed for sale$155,000$148/sqft
    Source: Keller Williams Emerald Coast Realty #681982 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,373 +1.1%$231,927 +10%
    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

    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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