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For sale
  • Price cut: $20K (7/21)
    $399,000

    9860 S Thomas Dr Unit 2010, Panama City Beach, FL 32408

    3beds
    1,262sqft
    : 
    $3,627/mo
    Get pre-qualified
    Condominium
    Built in 2008
    -- sqft lot
    $384,500 Zestimate®
    $316/sqft
    $1,065/mo HOA

    What's special

    Private bunk areaTwo spacious bedroomsFully furnished condoCovered parking garageSpacious floor planBreathtaking sunsets
    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)
    76 days
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    143
    |
    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Cherissa Cabahug 504-289-5400,

    1 Percent Lists Florida Coast

    Source: CPAR,MLS#: 791229MLS LogoOriginating 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: 76 days
      • Electric utility on property: Yes

        Estimated market value

        $384,500

        $365,000 - $404,000

        $2,771/mo

        Price history

        DateEventPrice
        7/21/2026Price change$399,000-4.8%$316/sqft
        Source: ECAOR #1005304 Report a problem
        6/12/2026Listed for sale$419,000+47%$332/sqft
        Source: ECAOR #1005304 Report a problem
        3/20/2020Sold$285,000$226/sqft
        Source: ECAOR #840841 Report a problem
        2/22/2020Pending sale$285,000$226/sqft
        Source: Keller Williams Emerald Coast Realty #840841 Report a problem
        2/21/2020Listed for sale$285,000$226/sqft
        Source: Keller Williams Realty SRB #840841 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32408

        Getting around

        40 / 100
        Car-Dependent
        41 / 100
        Somewhat Bikeable

        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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