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$1,625,000
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Property Description
Welcome to Laketown Wharf's newest luxury residence -- a rare new construction condo in the heart of Panama City Beach! This stunning 5-bedroom, 4-bathroom condo offers over 2,700 square feet of refined living space, perfectly blending coastal style with modern sophistication. This residence is fully furnished and thoughtfully designed, making it completely turnkey and ready for immediate enjoyment--whether as a high-performing short-term rental or your own private second home by the beach. Built in 2025, this residence offers peace of mind for years to come, featuring steel framing, all-new mechanical systems, and high-end finishes throughout. Step inside to discover engineered white oak flooring, custom white oak cabinetry, and quartz countertops that elevate every space. The open-concept design creates a light-filled, airy atmosphere--perfect for entertaining or unwinding after a day at the beach. Enjoy expansive 20-foot windows with breathtaking Gulf views, bringing the beauty of the coast right into your living space. Residents and guests enjoy Laketown Wharf's exceptional resort-style amenities, including: "¢ Five sparkling swimming pools "¢ A state-of-the-art fitness center "¢ On-site dining and shopping "¢ Direct beach access "¢ Covered parking and 24-hour security Whether you're seeking a luxury beach retreat, a proven income-producing property, or a spacious full-time residence, this home offers a rare combination of style, flexibility, and investment potential in one of Panama City Beach's most desirable communities. Don't miss the opportunity to own a brand-new, fully turnkey residence at Laketown Wharf -- where modern luxury meets effortless coastal living.
Full Property Details
Full Property Details for 9860 S Thomas Dr #L17
General
- Price: $1,625,000
- Taxes: $692 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 788465
- Updated: 5/16/2026
- Added to Site: 33 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: Interior Steps
- Appliances: Electric Range, Electric Water Heater, Wine Cooler
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 5
Additional Information
- Shared Amenities: Beach Rights, Gazebo, Barbecue, Picnic Area, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
- Spa Description: Community
- Security/Safety: Closed Circuit Camera(s), Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, 24 Hour Security, Security Guard, Fire Alarm, Security Gate, Smoke Detector(s), Security Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Gated
Location
- County: Bay
- Subdivision: Laketown Wharf
- Driving Directions: From Front Beach Rd (SR-30), turn onto S Thomas Dr. End at Laketown Wharf Resort 9902 S Thomas Dr, Panama City, FL 32408
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: High Rise
- Construction: Steel Frame
- Sq. Ft. Source: Appraiser
- Year Built: 2007
- Other Struct. Feat.: Dumpster
Additional Structures
- Other Structures: Kennel/Dog Run, Garage(s)
Lot Features
- Property View: Gulf, Lake
- Lot Dimensions: NA
- Frontage: City Street
- Zoning: Resort
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $692
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAKETOWN WHARF COMMERCIAL UNIT #8 ORB 2994 P 1890 1536 TOTAL SF ORB 4530 P 1509
- Property ID: 40001-000-796
Listed by RE Florida Homes
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Price & Sales History for 9860 S Thomas Dr #L17
Date
Details
Price
Change
Source
5/06/2026
Price Reduced
$1,625,000
-3.85%
MLS
4/16/2026
Listed
$1,690,000
228.16%
MLS
12/28/2023
Sold
$515,000
—
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 #L17
Year
Property Taxes
Change
Tax Assessment
Change
2024
$686
—
$38,400
—
2023
$686
6%
$38,400
—
2022
$650
23%
$38,400
—
2021
$529
20%
$38,400
75%
2019
$440
36%
$21,965
10%
2018
$324
45%
$19,968
—
2017
$224
-2%
$19,968
—
2016
$229
51%
$19,968
56%
2015
$152
1%
$12,834
—
2014
$151
10%
$12,834
—
2013
$137
—
$12,834
—
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 #L17
9860 S Thomas Drive #L17, Panama City Beach, FL 32408 (MLS# 788465) is a Condo property with 5 bedrooms and 4 full bathrooms. 9860 S Thomas Drive #L17 is currently listed for $1,625,000 and was received on April 16, 2026. Want to learn more about 9860 S Thomas Drive #L17? 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.

