9860 S Thomas Drive 523, Panama City Beach

$405,000

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

RENTAL MACHINE WITH A PROVEN TRACK RECORD! Generating over $60,000 annually in rental revenue for each of the past three years, this beautifully furnished 3-bedroom condo at Laketown Wharf offers an exceptional opportunity for investors and second-home buyers alike!

Positioned in one of the most desirable stacks in the building, this unit boasts uninterrupted Gulf views from the spacious living room, kitchen, and primary bedroom. An expansive private balcony stretches across both the living area and primary suite, providing the perfect setting to enjoy breathtaking views of the emerald waters and sugar-white sands of Panama City Beach.

Thoughtfully decorated, furnished, and equipped with both comfort and rental performance in mind, this property is truly turnkey and ready to serve as your personal coastal retreat or income-producing short-term rental.

Laketown Wharf offers a resort-style experience with multiple swimming pools, on-site restaurants and shopping, fitness amenities, and a variety of activities for owners and guests. Conveniently located in the heart of Panama City Beach, the resort provides easy access to the area's renowned beaches, dining, entertainment, and attractions.

With a proven rental history, spectacular Gulf views, and an unbeatable combination of location and amenities, this property checks all the boxes! Don't miss your opportunity to own a turnkey investment in one of Panama City Beach's most recognizable resort communities!

Essential Information
MLS® #1014688
Price$405,000
Bedrooms3
Bathrooms2.00
Full Baths2
Square Footage1,262
Year Built2008
TypeResidential
Sub-TypeCondominium
StyleN/A
StatusActive
Community Information
Address9860 S Thomas Drive 523
Area27 - Bay County
SubdivisionLAKETOWN WHARF
CityPanama City Beach
CountyBay
StateFL
Zip Code32408
Amenities
ParkingGarage
ViewGulf, Lake
Is WaterfrontYes
WaterfrontLake Front
Has PoolYes
PoolIn Ground
Utilities

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

Interior
HeatingCentral
CoolingCentral Air
Interior Features

Breakfast Bar, Newly Painted, Owner's Closet, Pantry

Appliances

Dishwasher, Disposal, Dryer, Microwave, Washer

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

Outdoor Grill, Balcony, Hot Tub, Lawn Pump, Pavillion/Gazebo

School Information
ElementaryBreakfast Point
MiddleBreakfast Point
HighArnold
Additional Information
HOA Fees3195.61
HOA Fees Freq.Quarterly
Listing Details
OfficeEXP Realty LLC
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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 November 3rd, 2026 at 12:53pm CST.