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For sale
    • $255,000

    9860 S Thomas Dr Unit 305, Panama City Beach, FL 32408

    1beds
    1,047sqft
    : 
    $2,485/mo
    Get pre-qualified
    Condominium
    Built in 2008
    -- sqft lot
    $243,400 Zestimate®
    $244/sqft
    $830/mo HOA

    What's special

    Fully furnishedPrivate beach accessFully stockedNew furnishings throughout
    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!
    117 days
    51
    1

    Zillow last checked:

    Listing updated:

    Listed by:

    Elaine G Fenster 850-704-2051,

    Coastal Palms Real Estate

    Source: CPAR,MLS#: 789426MLS 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, Other
      Primary bedroom
      • Level: First
      • Dimensions: 13 x 11
      Other
      • Level: First
      • Dimensions: 8 x 7
      Dining room
      • Level: First
      • Dimensions: 18 x 17
      Kitchen
      • Level: First
      • Dimensions: 14 x 19
      Other
      • Features: Balcony
      • Level: First
      • Dimensions: 19 x 18
      Heating
      • Central
      Cooling
      • Central Air, Ceiling Fan(s)
      Features
      • Main Level Primary, Tub Shower
      Interior area
      • Total structure area: 1,047
      • Total interior livable area: 1,047 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Paved
      • Garage spaces: 2
      Features
      • Patio & porch: Balcony
      • Pool features: Gunite, Gas Heat, In Ground, Community
      • Spa features: Community
      • Has view: Yes
      • View description: Lake
      • Has water view: Yes
      • Water view: Lake
      Lot
      • Features: Paved
      Details
      • Parcel number: 40001000068
      • Zoning description: Resid Multi-Family

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: High Rise
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete, Stucco
      • Foundation: Pillar/Post/Pier
      • Roof: Clay,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, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Golf, Playground, Park, Pool, Shopping, Community Pool, Gated, Short Term Rental Allowed
      • Security: Gated Community, 24 Hour Security, Fire Alarm, Smoke Detector(s), Security Service
      • Subdivision: Laketown Wharf
      HOA
      • Has HOA: Yes
      • Amenities included: Dock, Gated, Gazebo, Barbecue, Picnic Area
      • Services included: Clubhouse, Cable TV, Fitness Facility, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water
      • HOA fee: $2,491 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $244/sqft
      • Tax assessed value: $276,250
      • Annual tax amount: $3,375
      • Date on market: 5/5/2026
      • Cumulative days on market: 656 days

        Estimated market value

        $243,400

        $231,000 - $256,000

        $2,475/mo

        Price history

        DateEventPrice
        5/5/2026Listed for sale$255,000-1.9%$244/sqft
        Source: CPAR #789426 Report a problem
        4/14/2026Listing removed$259,995$248/sqft
        Source: CPAR #760957 Report a problem
        2/27/2026Price change$259,9950%$248/sqft
        Source: CPAR #760957 Report a problem
        2/21/2026Price change$259,9960%$248/sqft
        Source: CPAR #760957 Report a problem
        2/5/2026Price change$259,9970%$248/sqft
        Source: CPAR #760957 Report a problem
        1/21/2026Price change$259,9980%$248/sqft
        Source: CPAR #760957 Report a problem
        1/12/2026Price change$259,9990%$248/sqft
        Source: CPAR #760957 Report a problem
        9/16/2025Price change$260,000-1.9%$248/sqft
        Source: CPAR #760957 Report a problem
        7/23/2025Price change$265,000-7%$253/sqft
        Source: CPAR #760957 Report a problem
        3/31/2025Price change$285,000-1%$272/sqft
        Source: CPAR #760957 Report a problem
        2/25/2025Price change$288,000-1.7%$275/sqft
        Source: CPAR #760957 Report a problem
        11/8/2024Price change$293,000-0.7%$280/sqft
        Source: CPAR #760957 Report a problem
        8/13/2024Listed for sale$295,000+5.7%$282/sqft
        Source: CPAR #760957 Report a problem
        4/25/2024Listing removed--
        Source: CPAR #748318 Report a problem
        3/29/2024Listed for sale$279,000$266/sqft
        Source: CPAR #748318 Report a problem
        2/27/2024Contingent$279,000$266/sqft
        Source: CPAR #748318 Report a problem
        2/8/2024Price change$279,000-5.4%$266/sqft
        Source: CPAR #748318 Report a problem
        10/24/2023Listed for sale$295,000-1.3%$282/sqft
        Source: CPAR #748318 Report a problem
        8/31/2023Listing removed$299,000$286/sqft
        Source: CPAR #737592 Report a problem
        6/6/2023Price change$299,000-2%$286/sqft
        Source: CPAR #737592 Report a problem
        5/10/2023Price change$305,000-1.3%$291/sqft
        Source: CPAR #737592 Report a problem
        4/10/2023Price change$309,000-3.1%$295/sqft
        Source: CPAR #737592 Report a problem
        2/15/2023Listed for sale$319,000+16%$305/sqft
        Source: CPAR #737592 Report a problem
        5/12/2022Sold$275,000-3.5%$263/sqft
        Source: CPAR #724905 Report a problem
        4/27/2022Pending sale$285,000+103.7%$272/sqft
        Source: CPAR #724905 Report a problem
        11/7/2018Sold$139,900$134/sqft
        Source: CPAR #673600 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,621 -5.3%$276,250 -7.1%
        2023$3,826 +130.5%$297,500 +89%
        2022$1,660 $157,411
        2021-- --
        2020$1,570 +20.9%$150,716 +15.7%
        2019$1,299 $130,220 -3%
        2018$1,299 -25.4%$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

        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.
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        Climate risks

        Neighborhood: 32408

        Getting around

        47 / 100
        Car-Dependent
        45 / 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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