Property Details

Listing # 957411 Details

$289,900
9860 S Thomas Drive
Panama City Beach, FL 32408

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Property Inquiry

Contact Shantel Peterson about this property!

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1,047 Sq Ft.
Built 2008
1 Bed
2 Bath

Property Details

Incredible Investment Opportunity! *Kitchen cabinets have been re-painted and are now white - see updated photos.* This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. Seller will transfer all future bookings to buyer upon sale. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort. This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33,543, 2022/$27,882, 2023/$20,757, and 2024 $18,669 through August. Rental projections are right around $30-35k/annually. (Seller has been using the condo more over the last few years for personal use and family, thus the decline in GRI). Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat, overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line.

Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink.

This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining.

Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.

UNIT # UNIT 114
COUNTY Bay
SUBDIVISION Laketown Wharf Phase II
PARCEL ID 40001-000-012
TYPE Condominium
STYLE N/A
ACREAGE 0
LOT ACCESS N/A
LOT SIZE N/A
HOA INCLUDE Ground Keeping,Insurance,Land Recreation,Recreational Faclty,Security,Sewer,Trash,TV Cable,Water
HOA FEE 2310.00 (Quarterly)
UTILITIES Electric,Phone,Public Sewer,Public Water,TV Cable
PROJECT FACILITIES BBQ Pit/Grill,Dock,Dumpster,Elevators,Exercise Room,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,TV Cable,Whirlpool
ZONING N/A
PARKING FEATURES N/A
APPLIANCES Dishwasher,Disposal,Dryer,Fire Alarm/Sprinkler,Microwave,Refrigerator W/IceMk,Smoke Detector,Stove/Oven Electric,Washer
ENERGY AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect
INTERIOR Breakfast Bar,Floor Tile,Floor WW Carpet New,Furnished - Some,Kitchen Island,Lighting Track,Newly Painted,Renovated,Washer/Dryer Hookup,Woodwork Painted
EXTERIOR Balcony,BBQ Pit/Grill,Deck Open,Dock,Hot Tub,Patio Covered,Patio Open,Pavillion/Gazebo,Pool - Heated,Pool - In-Ground,Shower,Sprinkler System
ROOM DIMENSIONS Dining Room : 18 x 17
Kitchen : 14 x 9
Master Bedroom : 13 x 11
Bunk Room : 8 x 7
Balcony : 19 x 8

Schools

Elementry, Breakfast Point
Middle, Breakfast Point
High, Arnold

Location & Map

Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's