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Sold for $425,000
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  • $425,000

    9860 S Thomas Dr Unit 501, Panama City Beach, FL 32408

    4beds
    1,483sqft
    Condominium
    Built in 2008
    -- sqft lot
    $422,400 Zestimate®
    $287/sqft
    $3,156 Estimated rent

    Home value

    $422,400

    $384,000 - $465,000

    $3,156/mo

    Zestimate® history
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    What's special

    Direct gated beach accessWraparound balconyLow-floor gulf viewsGranite countertopsActive amenity areaStackable washer and dryerBarbecue and pet areas
    LOW-FLOOR GULF VIEWS | END-UNIT POSITION | WRAPAROUND BALCONY Laketown Wharf Unit 501 | Panama City Beach, FL - Three-bedroom plus bunk room, end unit with a rare position within the building. Located on the fifth floor, this unit represents the first level in Laketown Wharf where Gulf views begin while still maintaining a lower-floor elevation. Positioned on the southeast end of the building, with convenient access to the elevators and owners parking garage, but away from the heavy foot traffic areas. The wraparound balcony overlooks the elevated ''kiddie pool'' deck on top of the south parking garage, featuring water features, lounge seating, and an active amenity area. The balcony offers multiple access points, including the living area, primary suite, and a rare full door from one of the guest bedrooms--an uncommon feature within Laketown Wharf, primarily found in the first stack of the building. One section of the balcony remains shaded during ALL portions of the day and benefits from consistent airflow, creating a comfortable outdoor space for those who prefer to stay out of direct sun exposure. The kitchen features updated recessed lighting, granite countertops, and stainless steel appliances. Coastal furnishings complement the interior, with tile and LVP flooring throughout for durability and ease of maintenance, along with a stackable washer and dryer. Laketown Wharf is known for its unmatched amenities. Residents and guests enjoy five pools, including one heated year-round, two hot tubs, a fitness center overlooking the Gulf, a playground, pickleball courts, and mini golf. The 52,000 square-foot boardwalk circles the lake with a nightly fountain and light show. Direct, gated beach access sits next door to Pineapple Willy's. On the ground level, you'll find a lineup of restaurants, shops, and entertainment: Juan Taco, Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots for breakfast and brunch, The Press coffee shop, The Bun Lab, and more. The property also offers 810 Billiards & Bowling, a salon and nail bar, barbecue and pet areas, a poolside Splash Bar & Grill, two parking garages, and beach chair rentals. HOA dues are $3,527.73/quarter and include water, sewer, trash, cable/TV, pest control, WiFi, and full use of amenities. Nearby recently opened attractions include Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, and McGuire's Irish Pub, with Tootsie's Orchid Lounge scheduled to open in 2026, reinforcing the area's continued growth. All information is deemed reliable but should be verified by the buyer if important.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alice de La Penha 850-771-3150,

    Coldwell Banker Realty

    Bought with:

    Alice de La Penha, 3290518

    Coldwell Banker Realty

    Source: CPAR,MLS#: 787448MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
    Primary bedroom
    • Level: First
    • Dimensions: 11.3 x 18.6
    Bedroom
    • Level: First
    • Dimensions: 11.3 x 12.3
    Bedroom
    • Level: First
    • Dimensions: 10.7 x 11.4
    Primary bathroom
    • Level: First
    • Dimensions: 11.3 x 12.8
    Other
    • Level: First
    • Dimensions: 10.2 x 6.9
    Other
    • Level: First
    • Dimensions: 7.11 x 5.2
    Other
    • Level: First
    • Dimensions: 6 x 6.1
    Kitchen
    • Level: First
    • Dimensions: 15.5 x 8.7
    Living room
    • Level: First
    • Dimensions: 15.5 x 18.6
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 38.4 x 33.6
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
    • Laundry: Stacked
    Features
    • Balcony, Double Vanity, Main Level Primary, Soaking Tub, Separate Shower, Home Theater
    • Windows: Double Pane Windows
    Interior area
    • Total structure area: 1,483
    • Total interior livable area: 1,483 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Additional Parking
    • Garage spaces: 2
    Features
    • Patio & porch: Balcony
    • Pool features: In Ground, Salt Water, Community
    • Has view: Yes
    • View description: Gulf, Water
    • Has water view: Yes
    • Water view: Gulf,Water
    • Waterfront features: Lake, Lake Front
    Details
    • Parcel number: 40001000136
    • Zoning description: Resid Multi-Family

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    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, Business Center, Clubhouse, Elevator, Golf, Media Room, Pool, Shopping, Community Pool, Short Term Rental Allowed
    • Security: Fire Alarm, Smoke Detector(s), Security Service
    • Subdivision: Laketown Wharf
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $287/sqft
    • Tax assessed value: $439,875
    • Annual tax amount: $4,530
    • Date on market: 3/26/2026
    • Cumulative days on market: 32 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    6/23/2026Sold$425,000-5.6%$287/sqft
    Source: CPAR #787448 Report a problem
    4/30/2026Pending sale$450,000$303/sqft
    Source: CPAR #787448 Report a problem
    3/26/2026Listed for sale$450,000-5.1%$303/sqft
    Source: CPAR #787448 Report a problem
    2/21/2026Listing removed$474,000$320/sqft
    Source: CPAR #771468 Report a problem
    10/13/2025Price change$474,000-3.1%$320/sqft
    Source: CPAR #771468 Report a problem
    6/2/2025Price change$489,000-2%$330/sqft
    Source: ECAOR #973084 Report a problem
    5/12/2025Price change$499,000-5%$336/sqft
    Source: CPAR #771468 Report a problem
    4/4/2025Listed for sale$525,000+38.2%$354/sqft
    Source: CPAR #771468 Report a problem
    4/19/2021Sold$380,000$256/sqft
    Source: CPAR #708947 Report a problem
    2/22/2021Listed for sale$380,000$256/sqft
    Source: Keller Williams #865092 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,604 +2%$431,970 +10%
    2023$5,495 +29.2%$392,700 +10%
    2022$4,253 $357,000
    2021-- --
    2020$3,560 +20.1%$268,620 +10%
    2019$2,965 $244,200 +9.7%
    2018$2,965 +3.3%$222,509 +10%
    2017$2,871 +12.9%$202,281 +10%
    2016$2,544 +35.7%$183,892 +22.6%
    2015$1,874 $150,015 +10%
    2014$1,874 $136,377 +10%
    2013-- $123,979 +10%
    2012-- $112,708 -20%
    2011-- $140,885 -17.4%
    2010-- $170,545 -24.8%
    2009-- $226,899 +1731.2%
    2008-- $12,391
    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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