Welcome to Laketown Wharf, one of Panama City Beach's most sought-after resort communities! This beautifully maintained, fully furnished PENTHOUSE 2-bedroom, 2-bath condo-Plus a private bunk area offers 1,262 square feet of coastal living with soaring 13ft ceilings and is completely turnkey, making it ready for immediate enjoyment or continued rental income from day one.
Designed with both comfort and functionality in mind, the unit features a highly desirable bunk room in addition to two spacious bedrooms, allowing it to comfortably accommodate families and larger groups. Located on the 20th floor, this condo offers beautiful views of the Gulf of Mexico and Panama City Beach's stunning coastline. Start your mornings with coffee on the balcony while taking in the emerald waters of the Gulf, and end your evenings watching breathtaking sunsets paint the sky in shades of orange, pink, and gold. The elevated vantage point provides a picturesque backdrop that guests and owners alike will appreciate year-round.
Just a short walk from the sugar-white sands and emerald waters that make Panama City Beach famous, this property delivers the ultimate beach lifestyle. Whether you're spending the day on the shore, enjoying water activities, or simply relaxing and soaking in the views, you'll love having the beach just steps away.
For investors, the numbers speak for themselves, with over $50,000 annually in actual gross rental income and a proven history of strong guest demand. The spacious floor plan, Gulf views, and resort amenities combine to create a property that appeals to vacationers throughout the year.
Recent Upgrades & Improvements: This condo has been thoughtfully maintained and updated, offering added value and peace of mind for its next owner. Recent improvements include a new hot water heater (2022), new HVAC system (2023), new dishwasher (2023), new refrigerator (2024), and new microwave (2024). These major updates help minimize future maintenance expenses while enhancing the property's appeal for both personal use and vacation rental guests.
Laketown Wharf is known for its impressive lineup of resort-style amenities, including five swimming pools, a private freshwater lake with a scenic boardwalk, fitness center, putting green, splash pad, covered parking garage, and the community's signature nightly fountain, music, and light show. These amenities help make Laketown Wharf one of the most popular destinations in Panama City Beach for owners and vacationers alike.
Conveniently located in the heart of Panama City Beach, you'll be just minutes from some of the area's best shopping, dining, entertainment, golf, and family attractions. From Pier Park and local restaurants to popular attractions and outdoor activities, everything you need for the perfect beach getaway is within easy reach.
Whether you're looking for a proven investment property, a vacation retreat, or a combination of both, this fully furnished condo offers an exceptional opportunity to own in one of Panama City Beach's premier resort communities while enjoying Gulf views, spectacular sunsets, outstanding amenities, and strong rental performance. (Buyer to verify all info)
For sale
Price cut: $20K (7/21)
$399,000
9860 S Thomas Dr Unit 2010, Panama City Beach, FL 32408
3beds
1,262sqft
Condominium
Built in 2008
-- sqft lot
$385,100 Zestimate®
$316/sqft
$1,065/mo HOA
What's special
Private bunk areaTwo spacious bedroomsFully furnished condoCovered parking garageSpacious floor planBreathtaking sunsets
- 78 days
- 144
- 9
Zillow last checked:
Listing updated:
Listed by:
Cherissa Cabahug 504-289-5400,
1 Percent Lists Florida Coast
Source: CPAR,MLS#: 791229
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Primary Bedroom
Primary bedroom
- Description: Buyer to Verify
- Level: First
- Dimensions: 14 x 12
Bedroom
- Description: Buyer to verify
- Level: First
- Dimensions: 12 x 11
Other
- Description: Buyer to verify
- Level: First
- Dimensions: 9 x 7
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Electric Cooktop, Electric Oven, Electric Water Heater
Features
- Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
Interior area
- Total structure area: 1,262
- Total interior livable area: 1,262 sqft
Property
Features
- Patio & porch: Balcony
- Pool features: Community
- Has view: Yes
- View description: Gulf, Lake
- Has water view: Yes
- Water view: Gulf,Lake
Details
- Parcel number: 40001000709
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Steel Frame, Stucco
- Foundation: Pillar/Post/Pier
- Roof: Clay
Condition
- New construction: No
- Year built: 2008
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Connected, Electricity Available, High Speed Internet Available
Community & HOA
Community
- Features: Barbecue, Beach, Elevator, Fitness Center, Pool, Community Pool, Short Term Rental Allowed
- Security: Security Service
- Subdivision: Laketown Wharf
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Barbecue, Spa/Hot Tub
- Services included: Association Management, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Security, Trash, Water
- HOA fee: $3,196 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $316/sqft
- Tax assessed value: $369,750
- Annual tax amount: $4,385
- Date on market: 6/12/2026
- Cumulative days on market: 78 days
- Electric utility on property: Yes
Estimated market value
$385,100
$366,000 - $404,000
$2,771/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/21/2026 | Price change | $399,000-4.8%$316/sqft |
Source: | ||
| 6/12/2026 | Listed for sale | $419,000+47%$332/sqft |
Source: | ||
| 3/20/2020 | Sold | $285,000$226/sqft |
Source: | ||
| 2/22/2020 | Pending sale | $285,000$226/sqft |
Source: Keller Williams Emerald Coast Realty #840841 Report a problem | ||
| 2/21/2020 | Listed for sale | $285,000$226/sqft |
Source: Keller Williams Realty SRB #840841 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,355 -4.5% | $369,750 -5.4% |
| 2023 | $4,559 +34.4% | $391,000 +67.3% |
| 2022 | $3,391 | $233,750 |
| 2021 | -- | -- |
| 2020 | $2,533 +2.1% | $204,000 +0.8% |
| 2019 | $2,481 | $202,470 +2.3% |
| 2018 | $2,481 +0.5% | $197,965 +9% |
| 2017 | $2,469 +13.7% | $181,671 +10% |
| 2016 | $2,171 +52% | $165,155 +44.7% |
| 2015 | $1,429 | $114,164 +10% |
| 2014 | $1,429 | $103,785 +10% |
| 2013 | -- | $94,350 -3.5% |
| 2012 | -- | $97,750 -19.3% |
| 2011 | -- | $121,125 -16.5% |
| 2010 | -- | $145,130 -24.8% |
| 2009 | -- | $193,086 +1731.2% |
| 2008 | -- | $10,544 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32408
Nearby schools
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.








