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$420,000
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Property Description
Income-producing property. 2025 YTD operating actuals available. Historical financials and rent roll provided upon request. Pro forma available for projected performance. Welcome to 9860 Thomas Dr S Unit 420, a remarkable opportunity in the heart of Panama City Beach, FL. This upgraded 3-bedroom, 3-bathroom condo offers 1,681 square feet of prime resort living, making it an ideal choice for both personal enjoyment and investment. Located within the renowned Laketown Wharf, one of the Gulf Coast's largest and most amenity-rich resorts, this property is designed for comfort and profitability. Step inside to discover an open floor plan that seamlessly integrates modern living with coastal charm. The kitchen is equipped with granite countertops and stainless steel appliances, providing a sleek and functional space for culinary endeavors. The private balcony offers a tranquil retreat, perfect for enjoying the warm Florida breezes. The layout includes a spacious primary suite with an en suite bath, a guest suite, and a third bedroom featuring bunk beds to maximize occupancy. This thoughtful design ensures ample space for family and guests alike. Laketown Wharf boasts an impressive array of resort amenities, including five pools-one of which is a rooftop pool and another with zero-entry access-two hot tubs, and a Gulf-view fitness center. Additional features include a putting green, a lakefront boardwalk with nightly light shows, on-site dining options, retail outlets, and direct beach access. The property is conveniently located just steps away from popular attractions such as Pineapple Willy's and WonderWorks. This condo presents high-performing rental potential in a high-demand location, offering a lucrative opportunity for investors. With its prime location and extensive amenities, this property is a standout choice for those seeking a blend of luxury and income potential. Don't miss the chance to own a piece of paradise in Panama City Beach. Contact us today to schedule a viewing and explore the possibilities that it has to offer.
Full Property Details
Full Property Details for 9860 S Thomas Dr #420
General
- Price: $420,000
- Taxes: $5,511 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 775512
- Updated: 2/12/2026
- Added to Site: 74 day(s) ago
Interior
- Number of Rooms: 7
- Appliances: Electric Range
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Business Center, Dock, Gazebo, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: Gunite, Electric Heat, In Ground, Community
- Spa Description: Community
- Security/Safety: Fire Alarm, Smoke Detector(s)
Exterior
- Exterior Features: Barbecue, Dock, Patio
- Porch/Patio/Deck: Patio, Balcony
Parking
- Parking Features: Parking Lot
Location
- County: Bay
- Subdivision: Laketown Wharf Phase II
- Driving Directions: Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's
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
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, High Speed Internet Available, Phone Connected
Structural Information
- Architectural Style: High Rise
- Construction: Concrete, Stucco
- Roof: Clay, Membrane
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 2008
- Other Struct. Feat.: Dumpster
Lot Features
- Property View: Gulf, Lake
- Lot Dimensions: 0 x 0
- Frontage: City Street, Highway
- Lot Features: Paved
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, Lake Front
- Water Front View: Lake, Lake Front
- Lake Front: Yes
- Boat Dock Slip: Yes
Financial Considerations
- Tax Amount: $5,511
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LAKETOWN WHARF UNIT 420 TYPE A BLDG 2 ORB 2994 P 1890 3BR 3BA ORB 4475 P 2131 1681 TOTAL SF
- Property ID: 40001-000-118
Listed by Corcoran Reverie
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Schools
Schools serving 9860 S Thomas Dr #420
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 #420
Date
Details
Price
Change
Source
6/26/2025
Listed
$420,000
11.08%
MLS
10/19/2021
Sold
$378,100
—
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 #420
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,989
-28%
$365,500
-15%
2024
$5,511
-2%
$430,100
-5%
2023
$5,649
87%
$452,625
66%
2021
$3,028
-34%
$272,000
-31%
2022
$4,585
51%
$395,250
50%
2021
$3,028
-2%
$263,500
3%
2019
$3,088
14%
$256,700
18%
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 #420
9860 S Thomas Drive #420, Panama City Beach, FL 32408 (MLS# 775512) is a Condo property with 3 bedrooms and 3 full bathrooms. 9860 S Thomas Drive #420 is currently listed for $420,000 and was received on January 05, 2026. Want to learn more about 9860 S Thomas Drive #420? 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.

