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$843,885
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Property Description
A rare opportunity to own a 2679 SQFT commercial unit at Laketown Wharf. Plenty of Parking. This unit is currently being used as a Breakfast Restaurant but could easily be adapted to any kind of retail business. The unit has 2 entrances one facing Thomas Drive and an entrance on the Lake. One of the most visible commercial units in the complex with over 700 residential units as well as multiple retail businesses insure a steady stream of clients. Laketown Wharf is located at one of the busiest intersections in Panama City Beach insuring unparalleled visibility for any retail business.
Full Property Details
Full Property Details for 9860 S Thomas Dr #R-8
General
- Price: $843,885
- Status: Active
- Type: Retail
- Source: Bay_County
- MLS ID: 779459
- Updated: 12/2/2025
- Added to Site: 118 day(s) ago
Additional Information
- Shared Amenities: Gazebo, Barbecue, Picnic Area
Location
- County: Bay
- Subdivision: Laketown Wharf
- Driving Directions: Laketown Wharf is located on the corner of Thomas Drive and Front Beach Road. The Unit is on the far East corner of the ground floor of Laketown Wharf.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Structural Information
- Year Built: 2007
Disclosures and Reports
- Legal Description: LAKETOWN WHARF RETAIL UNIT #8 ORB 2994 P 1890 2679 TOTAL SF ORB 4584 P 224
- Property ID: 40001-000-773
Listed by Coastal Living Realty & Associates
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Price & Sales History for 9860 S Thomas Dr #R-8
Date
Details
Price
Change
Source
9/23/2025
Listed
$843,885
—
MLS
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 #R-8
Year
Property Taxes
Change
Tax Assessment
Change
2024
-100%
$3
200%
2023
$130
-11%
$1
—
2022
$146
-98%
$1
—
2021
$6,051
4%
$1
-100%
2019
$5,800
-2%
$488,100
—
2018
$5,896
7%
$488,100
—
2017
$5,520
-2%
$488,100
—
2016
$5,624
-49%
$488,100
-48%
2015
$11,023
—
$930,098
—
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 #R-8
9860 S Thomas Drive #R-8, Panama City, FL 32408 (MLS# 779459) is a Retail property. 9860 S Thomas Drive #R-8 is currently listed for $843,885 and was received on September 23, 2025. Want to learn more about 9860 S Thomas Drive #R-8? Do you have questions about finding other Retail 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.

