9860 S Thomas Drive Unit 2010, Panama City Beach

$399,000

3 Beds
2 Baths
1,262 Sqft
0 Acre
0 Garage

Welcome to Laketown Wharf, one of Panama City Beach's most sought-after resort communities! This beautifully maintained, fully furnished PENTHOUSE 2-bedroom, 2-bath condo-Plus a private bunk area offers 1,262 square feet of coastal living with soaring 13ft ceilings and is completely turnkey, making it ready for immediate enjoyment or continued rental income from day one.

Designed with both comfort and functionality in mind, the unit features a highly desirable bunk room in addition to two spacious bedrooms, allowing it to comfortably accommodate families and larger groups. Located on the 20th floor, this penthouse condo offers beautiful views of the Gulf of Mexico and Panama City Beach's stunning coastline. Start your mornings with coffee on the balcony while taking in the emerald waters of the Gulf, and end your evenings watching breathtaking sunsets paint the sky in shades of orange, pink, and gold. The elevated vantage point provides a picturesque backdrop that guests and owners alike will appreciate year-round.

For investors, the numbers speak for themselves, with over $50,000 annually in actual gross rental income and a proven history of strong guest demand. The spacious floor plan, Gulf views, and resort amenities combine to create a property that appeals to vacationers throughout the year. Recent Upgrades & Improvements: This condo has been thoughtfully maintained and updated, offering added value and peace of mind for its next owner. Recent improvements include a new hot water heater (2022), new HVAC system (2023), new dishwasher (2023), new refrigerator (2024), and new microwave (2024). These major updates help minimize future maintenance expenses while enhancing the property's appeal for both personal use and vacation rental guests.

Laketown Wharf is known for its impressive lineup of resort-style amenities, including five swimming pools, a private freshwater lake with a scenic boardwalk, fitness center, putting green, splash pad, covered parking garage, and the community's signature nightly fountain, music, and light show. These amenities help make Laketown Wharf one of the most popular destinations in Panama City Beach for owners and vacationers alike.

Conveniently located in the heart of Panama City Beach, you'll be just minutes from some of the area's best shopping, dining, entertainment, golf, and family attractions. From Pier Park and local restaurants to popular attractions and outdoor activities, everything you need for the perfect beach getaway is within easy reach.

Whether you're looking for a proven investment property, a vacation retreat, or a combination of both, this fully furnished condo offers an exceptional opportunity to own in one of Panama City Beach's premier resort communities while enjoying Gulf views, spectacular sunsets, outstanding amenities, and strong rental performance.

Essential Information
MLS® #1005304
Price$399,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,262
Year Built2008
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address9860 S Thomas Drive Unit 2010
Area27 - Bay County
SubdivisionLaketown Wharf Phase II
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
Is WaterfrontYes
WaterfrontLake Front, Pond, Waterfront
Has PoolYes
PoolHeated, In Ground
Utilities

Electric, Phone, Public Sewer, Public Water, TV Cable

View

Gulf, Gulf/Pass, Lagoon, Lake, Water

Interior
HeatingCentral
CoolingCentral Air
Interior Features

Breakfast Bar, Kitchen Island, Track Lighting, Washer/Dryer Hookup

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater

Exterior
WindowsWindow Treatments
RoofConcrete, Membrane
ConstructionConcrete, Stucco
FoundationFoundation On Piling
Exterior Features

Outdoor Grill, Balcony, Dock, Hot Tub, Pavillion/Gazebo, Outdoor Shower, Sprinkler System

School Information
ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold
Listing Details
Office1 Percent Lists Florida Coast
Property History
Price Reduced from $419,000 to $399,000
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All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright2026, All rights reserved.
Vendors Member Number : 28325

Listing information last updated on August 17th, 2026 at 2:08pm CDT.