Sold for $294,000

$294,000

9860 S Thomas Dr Unit 703, Panama City Beach, FL 32408

1beds

1,047sqft

Condominium

Built in 2008

-- sqft lot

$292,200 Zestimate^®

$281/sqft

$2,814 Estimated rent

Home value

$292,200

$263,000 - $324,000

$2,814/mo

Zestimate^® history

Owner options

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$2,814/mo

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$2,814/mo

Rent Zestimate^®

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$1,920/mo

Est. payment

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$1,920/mo

Est. payment

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What's special

Discover resort-style living in this stunning 7th-floor condo at Laketown Wharf, featuring breathtaking Gulf views from the living room and balcony. This spacious residence includes a 1-bedroom plus bunk room layout with 2 bathrooms, 9-foot ceilings, and 1,047 sqft of beautifully updated space, complete with fresh interior paint and modern LVP flooring. Over 43K in gross revenue as a short term rental in 2024, with some owner use. Similar units doing well over 50K in gross revenue. Enjoy the serene sounds of the waterfall from the kids' pool below, while conveniently parking on the top level of the garage—just a few flights of stairs lead you to your front door. Laketown Wharf offers an array of fantastic amenities, including gated beach access, five community pools (one heated year-round), a playground, hot tubs, mini-golf, and a fitness center with stunning Gulf views. Don't miss this incredible opportunity to own a slice of paradise!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom

Bedroom

Level: Seventh
Dimensions: 0 x 0

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Electric Range, Electric Water Heater

Features

Doors: Storm Door(s)
Windows: Double Pane Windows

Interior area

Total structure area: 1,047
Total interior livable area: 1,047 sqft

Property

Parking

Total spaces: 1
Parking features: Gated, Parking Lot
Garage spaces: 1

Features

Patio & porch: Balcony
Exterior features: Dock
Pool features: Gunite, Electric Heat, In Ground, Community
Spa features: Community
Has view: Yes
View description: Gulf, Water
Has water view: Yes
Water view: Gulf,Water
Waterfront features: Lake, Lake Front

Details

Parcel number: 40001000214
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, 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, Business Center, Clubhouse, Conference/Meeting Room, Dock, Elevator, Fitness Center, Game Room, Playground, Park, Pool, Shopping, Community Pool, Gated, Short Term Rental Allowed
Security: Fire Sprinkler System, Security Gate, Gated with Guard, Gated Community, Security Guard, Fire Alarm, Smoke Detector(s)
Subdivision: Laketown Wharf

HOA

Has HOA: Yes
Amenities included: Game Room, Gated, Gazebo, Picnic Area

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $281/sqft
Tax assessed value: $276,250
Annual tax amount: $3,078
Date on market: 4/7/2025
Cumulative days on market: 8 days
Electric utility on property: Yes

Price history

Date	Event	Price
5/30/2025	Sold	$294,000-1.7%$281/sqft
Source: CPAR #771564 Report a problem
4/16/2025	Pending sale	$299,000$286/sqft
Source: CPAR #771564 Report a problem
4/7/2025	Listed for sale	$299,000+2.4%$286/sqft
Source: CPAR #771564 Report a problem
6/5/2024	Sold	$292,000-11.5%$279/sqft
Source: Public Record Report a problem
6/29/2023	Listing removed	$330,000$315/sqft
Source: CPAR #741732 Report a problem
6/10/2023	Listing removed	--
Source: Zillow Rentals Report a problem
5/25/2023	Listed for rent	$1,500$1/sqft
Source: Zillow Rentals Report a problem
5/23/2023	Listing removed	--
Source: Zillow Rentals Report a problem
5/21/2023	Listed for sale	$330,000+16.6%$315/sqft
Source: CPAR #741732 Report a problem
5/8/2023	Price change	$1,500-11.5%$1/sqft
Source: Zillow Rentals Report a problem
5/7/2023	Price change	$1,695+13%$2/sqft
Source: CPAR #740428 Report a problem
5/2/2023	Price change	$1,500-11.5%$1/sqft
Source: Zillow Rentals Report a problem
4/12/2023	Price change	$1,695-0.3%$2/sqft
Source: Zillow Rentals Report a problem
3/29/2023	Price change	$1,700-5.6%$2/sqft
Source: Zillow Rentals Report a problem
1/25/2023	Listed for rent	$1,800+63.6%$2/sqft
Source: Zillow Rentals Report a problem
5/16/2018	Listing removed	$1,100$1/sqft
Source: Counts Real Estate Group Inc #670772 Report a problem
4/20/2018	Listed for rent	$1,100$1/sqft
Source: Counts Real Estate Group Inc #670772 Report a problem
8/7/2008	Sold	$282,900$270/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,078 +0.4%	$179,232 +10%
2023	$3,067 +24.6%	$162,938 +10%
2022	$2,462	$148,125
2021	--	--
2020	$1,928 +24.1%	$122,417 +10%
2019	$1,553	$111,288 +10%
2018	$1,553 -1.3%	$101,171 +10%
2017	$1,574 +1.8%	$91,974 +10%
2016	$1,546 +38%	$83,613 +10%
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