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

$255,000
1
BD
2
BA

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List Price
$255,000
Status
ACTIVE
MLS#
789426
Subtype
Residential
Style
High Rise
Year Built
2008
Bedrooms
1
Bathrooms
2
Full Baths
2
Subdivision
Laketown Wharf
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

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!

Additional Information

Interior Features
Main Level Primary, Tub Shower
HOA Fee
$2,490
Property Description
High Rise
Zoning
Resid Multi-Family
Heating
Central
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Concrete, Stucco
Roof
Clay, Membrane
Foundation
Pillar/Post/Pier
Parking
Additional Parking, Paved
Garage Spaces
2
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Coastal Palms Real Estate.