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$399,000
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Property Description
Welcome to Laketown Wharf, one of Panama City Beach's most sought-after resort communities! This beautifully maintained, fully furnished 2-bedroom, 2-bath condo-Plus private bunk area offers 1,262 square feet of coastal living and is completely turnkey, making it ready for immediate enjoyment or continued rental income from day one. Designed with both comfort and functionality in mind, the unit features a highly desirable bunk room in addition to two spacious bedrooms, allowing it to comfortably accommodate families and larger groups. Located on the 20th floor, this condo offers beautiful views of the Gulf of Mexico and Panama City Beach's stunning coastline. Start your mornings with coffee on the balcony while taking in the emerald waters of the Gulf, and end your evenings watching breathtaking sunsets paint the sky in shades of orange, pink, and gold. The elevated vantage point provides a picturesque backdrop that guests and owners alike will appreciate year-round. Just a short walk from the sugar-white sands and emerald waters that make Panama City Beach famous, this property delivers the ultimate beach lifestyle. Whether you're spending the day on the shore, enjoying water activities, or simply relaxing and soaking in the views, you'll love having the beach just steps away. For investors, the numbers speak for themselves, with over $50,000 annually in actual gross rental income and a proven history of strong guest demand. The spacious floor plan, Gulf views, and resort amenities combine to create a property that appeals to vacationers throughout the year. Recent Upgrades & Improvements: This condo has been thoughtfully maintained and updated, offering added value and peace of mind for its next owner. Recent improvements include a new hot water heater (2022), new HVAC system (2023), new dishwasher (2023), new refrigerator (2024), and new microwave (2024). These major updates help minimize future maintenance expenses while enhancing the property's appeal for both personal use and vacation rental guests. Laketown Wharf is known for its impressive lineup of resort-style amenities, including five swimming pools, a private freshwater lake with a scenic boardwalk, fitness center, putting green, splash pad, covered parking garage, and the community's signature nightly fountain, music, and light show. These amenities help make Laketown Wharf one of the most popular destinations in Panama City Beach for owners and vacationers alike. Conveniently located in the heart of Panama City Beach, you'll be just minutes from some of the area's best shopping, dining, entertainment, golf, and family attractions. From Pier Park and local restaurants to popular attractions and outdoor activities, everything you need for the perfect beach getaway is within easy reach. Whether you're looking for a proven investment property, a vacation retreat, or a combination of both, this fully furnished condo offers an exceptional opportunity to own in one of Panama City Beach's premier resort communities while enjoying Gulf views, spectacular sunsets, outstanding amenities, and strong rental performance. (Buyer to verify all info)
Full Property Details
Full Property Details for 9860 S Thomas Dr #2010
General
- Price: $399,000
- Taxes: $4,385 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 791229
- Updated: 7/21/2026
- Added to Site: 58 day(s) ago
Interior
- Number of Rooms: 3
- Interior Features: Main Level Primary, Soaking Tub, Separate Shower, Walk-In Closet(s)
- Appliances: Electric Cooktop, Electric Oven, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Beach Rights, Barbecue, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
- Security/Safety: Security Service
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Laketown Wharf
- Driving Directions: GPS Friendly
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: Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: High Rise
- Construction: Concrete, Steel Frame, Stucco
- Roof: Clay
- Elevator: Yes
- Sq. Ft. Source: Appraiser
- Year Built: 2008
Lot Features
- Property View: Gulf, Lake
- Lot Dimensions: 0 x 0
Water Features
- Water View: Yes
Financial Considerations
- Tax Amount: $4,385.75
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAKETOWN WHARF UNIT 2010 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4801 P 1863 1262 TOTAL SF
- Property ID: 40001-000-709
Listed by 1 Percent Lists Florida Coast
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Schools
Schools serving 9860 S Thomas Dr #2010
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 1.2 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.3 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 #2010
Date
Details
Price
Change
Source
7/21/2026
Price Reduced
$399,000
-4.77%
MLS
6/12/2026
Listed
$419,000
47.02%
MLS
3/20/2020
Sold
$285,000
—
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 #2010
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,355
—
$335,750
-9%
2024
$4,355
-4%
$369,750
-5%
2023
$4,559
69%
$391,000
84%
2021
$2,704
-20%
$212,500
-36%
2022
$3,391
25%
$330,225
62%
2021
$2,704
9%
$204,000
1%
2019
$2,481
—
$202,470
2%
2018
$2,469
14%
$197,965
1%
2017
$2,171
13%
$195,925
19%
2016
$1,924
35%
$165,155
45%
2015
$1,429
10%
$114,164
10%
2014
$1,302
25%
$103,785
10%
2013
$1,039
—
$94,350
—
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 #2010
9860 S Thomas Drive #2010, Panama City, FL 32408 (MLS# 791229) is a Condo property with 3 bedrooms and 2 full bathrooms. 9860 S Thomas Drive #2010 is currently listed for $399,000 and was received on June 12, 2026. Want to learn more about 9860 S Thomas Drive #2010? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

