$255,000

9860 S Thomas Drive 305, Panama City Beach, FL 32408

  • 1 bed |
  • 2 baths |
  • 1,047 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2008
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $244/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

This 1 bedroom unit in Laketown Wharf has had a 'Consistent and Steady' STR history that has proven to bring back its guests every year. In 2025 this unit made up to $53,000 in STR income and consistently proves the same in 2026. (2025- GRI $53,100). It has built a reputation based on integrity, valued hosting, and quality history. This unit is not new to the STR market so any investor that looks to purchase unit 305 will have a portfolio based on years of rentals. The STR income has been steady and each year has gained a very high end profit. Unit 305 is turn-key, is fully stocked, and comes fully furnished. Overlooking the lake and the pool, the sunsets bring out the best in the view. Located on the third floor, wait times for elevators are short, stairs are easily accessible as they are near the unit, and it is an end unit so traffic is quiet in this location of the premises. NO long wait times which is an added bonus in the complex. Located in the East building, the condo is close to all the amenities, restaurants, and entertainment. This unit comes with two assigned parking spots in the East garage. This condo was partially remodeled after the current owner purchased it. New furnishings throughout. Please see video tour in the video section of the listing for the full effect. Laketown Wharf offers its own private beach access for its guests. On site, all amenities include 5 unique pools, a fitness center, a mini golf course, restaurants and shops, and 52,000 square feet of a lakefront boardwalk with gated 24-hour roving security. Unit 305 is priced to sell!

Listing Status:
Active
Date Added:
May 5, 2026
Data Last Updated:
May 24, 2026 at 5:16PM
Listing Office:
Coastal Palms Real Estate : 716-912-1447
MLS ID:
789426
  • A/C: Central AirCeiling Fan(s)
  • Heating: Central
  • General: Community
  • Style: High Rise
  • Other Structures: Balcony
  • Pool: GuniteGas HeatIn GroundCommunity
  • Parking: Additional ParkingPaved
  • Roofing: ClayMembrane
  • General: ConcreteStucco21Pillar/Post/Pier
  • Road/Access: City StreetHighway
  • HOA Amenities: DockGatedGazeboBarbecuePicnic Area
  • Originating MLS: CPAR_CPAR
  • County: Bay
  • Zoning: LAKETOWN WHARF UNIT 305 TYPE C BLDG 2 ORB 2994 P 1890 1BR 2BA BUNK ORB 4563 P 2334 1047 TOTAL SF40001-000-068
  • View: LakeView
  • Utilities: Cable ConnectedHigh Speed Internet Available
  • Sewer: Public Sewer
  • Source: CPAR_CPAR

This listing courtesy of Coastal Palms Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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