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$255,000

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 2 Full Baths
  • Updated 12 hours ago
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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. 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!

Full Property Details for 9860 S Thomas Dr #305

General

  • Price: $255,000
  • Taxes: $3,375 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 789426
  • Updated: 5/13/2026
  • Added to Site: 9 day(s) ago

Interior

  • Number of Rooms: 5

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 1

Additional Information

  • Shared Amenities: Dock, Gated, Gazebo, Barbecue, Picnic Area
  • Pool: Yes
  • Pool Description: Gunite, Gas Heat, In Ground, Community
  • Spa Description: Community
  • Security/Safety: Gated Community, 24 Hour Security, Fire Alarm, Smoke Detector(s), Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Additional Parking, Paved

Location

  • County: Bay
  • Subdivision: Laketown Wharf
  • Driving Directions: Located at the corner of S Thomas Drive and Front Beach Road. Across from Pineapple Willy's Restaurant. Unit is located in the East building, park in the East garage and come to the 3rd floor.

School Information

  • Elementary School: Breakfast Point
  • Middle School: Breakfast Point
  • High School: Arnold

Community

  • Community Name: 03 - Bay County - Beach
  • Association: Yes

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Utility Description: Cable Connected, High Speed Internet Available

Structural Information

  • Architectural Style: High Rise
  • Construction: Concrete, Stucco
  • Roof: Clay, Membrane
  • Elevator: Yes
  • Stories/Levels: 21
  • Sq. Ft. Source: Appraiser
  • Year Built: 2008
  • Other Struct. Feat.: Dumpster

Lot Features

  • Property View: Lake
  • Lot Dimensions: condo
  • Frontage: City Street, Highway
  • Lot Features: Paved
  • Zoning: Resid Multi-Family

Water Features

  • Water View: Yes

Financial Considerations

  • Tax Amount: $3,375
  • Tax Year: 2025

Disclosures and Reports

  • Legal Description: LAKETOWN WHARF UNIT 305 TYPE C BLDG 2 ORB 2994 P 1890 1BR 2BA BUNK ORB 4563 P 2334 1047 TOTAL SF
  • Property ID: 40001-000-068

Listed by Coastal Palms Real Estate

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— 9860 S Thomas Dr #305 —

  • Coastal Palms Real Estate

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 9860 S Thomas Dr #305 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/05/2026
Listed
$255,000
-7.27%
MLS
5/12/2022
Sold
$275,000
—
Public Record
Get Price Alerts and Save Property
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 for 9860 S Thomas Dr #305

Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,621
—
$255,000
-8%
2024
$3,621
-5%
$276,250
-7%
2023
$3,826
133%
$297,500
71%
2021
$1,641
-1%
$174,250
-28%
2022
$1,660
1%
$243,525
45%
2021
$1,641
26%
$168,215
29%
2019
$1,299
-25%
$130,220
-3%
2018
$1,740
-3%
$134,300
-19%
2017
$1,795
18%
$166,430
28%
2016
$1,520
36%
$129,965
71%
2015
$1,121
10%
$76,012
10%
2014
$1,018
45%
$69,102
10%
2013
$702
—
$62,820
—
View All
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 for 9860 S Thomas Dr #305

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Coastal Palms Real Estate

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9860 S Thomas Drive #305, Panama City Beach, FL 32408 (MLS# 789426) is a Condo property with 1 bedroom and 2 full bathrooms. 9860 S Thomas Drive #305 is currently listed for $255,000 and was received on May 05, 2026. Want to learn more about 9860 S Thomas Drive #305? 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.

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