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$390,000
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Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Welcome to Eternal Waters--your beautifully named coastal escape offering breathtaking Gulf views, luxurious upgrades, and excellent rental potential. This fully furnished 3-bedroom, 3-bath condo is located in a premier vacation rental complex and was fully renovated from floor to ceiling in 2020. Move-in and rental-ready, it offers the perfect blend of beachside comfort and investment opportunity. Step into a bright and open layout with coastal-inspired décor, luxury wood-look tile flooring throughout, and stylish modern fixtures. The living and dining area opens to an oversized private balcony overlooking the emerald waters of the Gulf--ideal for relaxing, entertaining, or enjoying stunning sunsets. The fully upgraded kitchen features quartz countertops, stainless steel appliances, a deep basin sink, and a subway tile backsplash--both functional and beautifully finished. The oversized primary suite includes balcony access, incredible Gulf views, and a spa-like en suite bathroom with dual vanities, a new jetted tub, and a custom walk-in rainfall shower. The second bedroom offers a private en suite bath with a walk-in shower, while the third bedroom features custom XL bunk beds, comfortably sized for adults or children. A third full bath is located just outside the bunk room and common area for added convenience. With sleeping arrangements that accommodate up to 10 guests, this unit is ideal for large families or vacation groups. All bathrooms are finished with tile throughout and matching quartz countertops for a clean, cohesive design. Enjoy full access to resort-style amenities, including: "¢ Five pools--featuring a lagoon-style pool, rooftop pool, hot tubs, and splash pad "¢ Rooftop putting green "¢ Fitness center and walking trails "¢ On-site restaurants, retail, and seasonal live entertainment "¢ Covered garage parking and secure building access "¢ Direct access to Panama City Beach's sugar-white sand beaches Located directly across from Pineapple Willy's and the Gulf of Mexico, Eternal Waters offers the full experience of coastal living with exceptional income potential. Whether you're looking for a beach getaway, long-term investment, or a combination of both, this unit is fully turnkey and ready for its next owner. Schedule your private showing today. Paradise awaits.
Full Property Details
Full Property Details for 9860 S Thomas Dr #1221
General
- Price: $390,000
- Taxes: $5,130 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 776188
- Updated: 3/24/2026
- Added to Site: 15 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Stacked
Additional Information
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Security/Safety: Building Security, Carbon Monoxide Detector(s), Fire Escape, Firewall(s), Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security, Security Guard, Security Lights, Fire Alarm, Security Gate, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 3
- Parking Features: Additional Parking, Gated
Location
- County: Bay
- Subdivision: Laketown Wharf
- Driving Directions: From Highway 98 (Back Beach Road), turn south onto Richard Jackson Blvd. Continue straight and cross over Front Beach Road. Richard Jackson Blvd becomes Churchwell Drive. Turn left onto South Thomas Drive. Laketown Wharf Resort will be on your right, directly across from Pineapple Willy's and the beach access. Look for the entrance just past the large water fountain and signage.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Heating Type: Central
Utilities
- Sewer: Public Sewer
Structural Information
- Architectural Style: High Rise
- Elevator: Yes
- Sq. Ft. Source: Plans
- Year Built: 2008
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf
- Lot Dimensions: 1635 sq ft
- Zoning: Resort
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $5,130
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAKETOWN WHARF UNIT 1221 TYPE A BLDG 2 ORB 2994 P 1890 3BR 3BA ORB 4186 P 640 1681 TOTAL SF
- Property ID: 40001-000-422
Listed by EXP Realty LLC
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Schools
Schools serving 9860 S Thomas Dr #1221
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 1.1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9860 S Thomas Dr #1221
Date
Details
Price
Change
Source
3/20/2026
Price Reduced
$390,000
-3.7%
MLS
1/08/2026
Price Reduced
$405,000
-2.41%
MLS
12/11/2025
Price Reduced
$415,000
-3.04%
MLS
11/18/2025
Price Reduced
$428,000
-1.61%
MLS
10/21/2025
Price Reduced
$435,000
-9.19%
MLS
9/22/2025
Price Reduced
$479,000
-4.14%
MLS
8/26/2025
Price Reduced
$499,700
-3.35%
MLS
7/12/2025
Listed
$517,000
64.13%
MLS
10/29/2019
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9860 S Thomas Dr #1221
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,989
-22%
$365,500
-15%
2024
$5,130
2%
$430,100
-5%
2023
$5,054
48%
$452,625
66%
2021
$3,412
-17%
$272,000
-31%
2022
$4,135
21%
$395,250
50%
2021
$3,412
14%
$263,500
10%
2019
$3,005
11%
$240,062
10%
2018
$2,709
9%
$218,238
—
2017
$2,479
2%
$217,175
4%
2016
$2,422
27%
$208,675
43%
2015
$1,910
20%
$145,783
10%
2014
$1,595
19%
$132,530
8%
2013
$1,342
—
$122,713
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9860 S Thomas Dr #1221
9860 S Thomas Drive #1221, Panama City Beach, FL 32408 (MLS# 776188) is a Condo property with 3 bedrooms and 3 full bathrooms. 9860 S Thomas Drive #1221 is currently listed for $390,000 and was received on March 20, 2026. Want to learn more about 9860 S Thomas Drive #1221? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

