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$280,000
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Property Description
Unlock an exceptional investment opportunity in Panama City Beach, FL, with this beautifully updated and fully furnished condo at Laketown Wharf. Nestled in a prime location within the complex, it offers quick access to elevators, enhancing convenience for guests and boosting rental demand. The unit features stunning lake views from the balcony and breathtaking Gulf views from various locations throughout the condo, ensuring each stay is visually delightful. Enjoy a captivating nightly water show over the lake, adding to the enchanting ambiance for vacationers. Laketown Wharf offers an array of amenities, including multiple pools, on-site restaurants, and various shops, providing entertainment and convenience at your doorstep. Designed to comfortably accommodate up to six guests, this condo promises robust rental returns thanks to its strategic location and thoughtful upgrades. With modern flooring, fresh paint, and elegant light fixtures, the property exudes contemporary charm. It comes fully furnished, including kitchen appliances, ensuring it's ready for immediate rental. Priced attractively for investors, this property offers the ideal blend of beach allure, comfort, and substantial cash flow potential. Act quickly to secure a piece of Florida's stunning Gulf coast, where your investment not only thrives but indulges in paradise.
Full Property Details
Full Property Details for 9902 S Thomas Dr #1237
General
- Price: $280,000
- Taxes: $3,083 (2024)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 780527
- Updated: 12/2/2025
- Added to Site: 91 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Washer/Dryer Stacked, Electric Oven, Electric Range, Electric Water Heater
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Business Center, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: Electric Heat, In Ground
- Security/Safety: 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Balcony
Location
- County: Bay
- Subdivision: Laketown Wharf
- Driving Directions: Located across from Pineapple Willy's. Entrance on S Thomas Dr.
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, Electric
Utilities
- Utility Description: Cable Connected, High Speed Internet Available, Phone Connected, Sewer Available
Structural Information
- Architectural Style: High Rise
- Sq. Ft. Source: Appraiser
- Year Built: 2007
Lot Features
- Property View: Lake, Water
- Frontage: City Street
- Lot Features: Paved
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake, Lake Front
- Water Front View: Lake, Lake Front
- Lake Front: Yes
Financial Considerations
- Tax Amount: $3,083
- Tax Year: 2024
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: LAKETOWN WHARF UNIT 1237 TYPE C BLDG 1 ORB 2994 P 1890 1BR 2BA BUNK ORB 4586 P 2323 1047 TOTAL SF
- Property ID: 40001-000-438
Listed by Keller Williams Success Realty
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Schools
Schools serving 9902 S Thomas Dr #1237
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9902 S Thomas Dr #1237
Date
Details
Price
Change
Source
10/17/2025
Listed
$280,000
49.73%
MLS
12/04/2020
Sold
$187,000
—
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 9902 S Thomas Dr #1237
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,083
3%
$259,250
—
2023
$2,991
50%
$259,250
68%
2021
$1,994
-21%
$154,275
-37%
2022
$2,538
27%
$243,525
87%
2021
$1,994
21%
$130,220
—
2019
$1,648
-5%
$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
—
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 9902 S Thomas Dr #1237
9902 S Thomas Drive #1237, Panama City, FL 32408 (MLS# 780527) is a Condo property with 1 bedroom and 2 full bathrooms. 9902 S Thomas Drive #1237 is currently listed for $280,000 and was received on October 17, 2025. Want to learn more about 9902 S Thomas Drive #1237? 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.

