Waterfront
Address
9902 S Thomas Drive 1635, Panama City, FL
Price
$ 349,000
Property Attributes
- MLS#791661
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodLaketown Wharf Phase II
- Zip32408
- Style
- Year Built2007
- Taxes$ 3027
- Price$ 349,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1047
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Calling all investors! This is more than just a condo -- it's an established income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue comparable to Gulf view units. Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash. It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a peek of the Gulf from your private balcony. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool & rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages. In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity.
| Elementary School | Middle School | High School |
|---|---|---|
| Breakfast Point Elementary School | Breakfast Point Middle School | Arnold High School |
| Price History | |
|---|---|
| 6/21/2026 | Listed $349,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available,High Speed Internet Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Business Center,Clubhouse,Elevator,Fitness Center,Playground,Park,Pool,Shopping,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Laketown Wharf Phase II |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | Laketown Wharf is located at the corner of Front Beach Road and S. Thomas Drive, across from Pineapple Willy's. |
| High School | Arnold |
| City | Panama City |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Breakfast Point |
| Tax Annual Amount | 3027 |
| Middle/Junior High School | Breakfast Point |
| MLS Area Minor | 0323 - Beach - South of Grand Lagoon |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Other,See Remarks,Gazebo,Barbecue |
| Occupancy Type | Tenant |
| Waterfront Features | Lake,Lake Front |
| Year Built | 2007 |
| Association Fee Includes | Association Management,Clubhouse,Cable TV,Fitness Facility,Insurance,Legal/Accounting,Maintenance Grounds,Pest Control,Playground,Pool(s),Recreation Facilities,Sewer,Security,Trash,Water |
| Heating | Central,Electric |
| Cooling | Central Air |
| Appliances | Washer/Dryer Stacked,Electric Oven,Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| View | Gulf,Lake |
| Garage Y/N | true |
| Total Rooms | 5 |
| Full Baths | 2 |
| Virtual Tour | https://media.frontdoorphoto.com/sites/emozygqn/unbranded |
| Garage Spaces | 1 |
| Architectural Style | High Rise |
| HOA Fee | 2490.59 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Gunite,Gas Heat,In Ground,Community |
| Security Features | Fire Sprinkler System,24 Hour Security,Security Guard,Fire Alarm,Smoke Detector(s),Security Service |
| Unit Number | 1635 |
| Building Features | Dumpster |
| New Construction | false |
| Number Of Units Total | 765 |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Main Level Primary,Tub Shower |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 1 |
| LivingAreaSource | Appraiser |
| Total Stories | 21 |
| Laundry Features | Stacked |
Exterior Features
| Lot Features | Paved |
|---|---|
| Lot Dimensions | Condo |
| Road Frontage Type | City Street |
| Building Area Total | 1047 |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32408
Price
Taxes
Year Built
In The Neighborhood
Waterfront
Panama City Beach
$ 410,000
9860 S Thomas Drive 1123
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,262 SqFt
- Rooms
- 2 Beds + 2 Baths
Reduced
Panama City
$ 259,900
9860 S Thomas Drive 814
Panama City, FL 32408
- Type
- Condos
- Size
- 1,047 SqFt
- Rooms
- 1 Beds + 2 Baths
Reduced
Panama City Beach
$ 375,000
9860 S Thomas Drive 1027
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,262 SqFt
- Rooms
- 3 Beds + 2 Baths
Water Views
Panama City Beach
$ 365,000
9860 S Thomas Drive Unit 2111
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,262 SqFt
- Rooms
- 2 Beds + 2 Baths
Water Views
Panama City Beach
$ 270,000
9902 S Thomas Drive Unit 1932
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,262 SqFt
- Rooms
- 2 Beds + 2 Baths
Reduced
Panama City Beach
$ 399,000
9860 S Thomas Drive Unit 2010
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,262 SqFt
- Rooms
- 3 Beds + 2 Baths
Reduced
Panama City Beach
$ 299,000
9860 S Thomas Drive Unit 214
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,047 SqFt
- Rooms
- 1 Beds + 2 Baths
Water Views
Panama City Beach
$ 269,999
9860 S Thomas Drive 815
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,047 SqFt
- Rooms
- 1 Beds + 2 Baths
Reduced
Panama City Beach
$ 349,000
9860 S Thomas Drive 1107
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,262 SqFt
- Rooms
- 2 Beds + 2 Baths
Reduced
Panama City Beach
$ 370,000
9902 S Thomas Drive Unit 333
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,681 SqFt
- Rooms
- 3 Beds + 3 Baths
Reduced
Panama City
$ 475,000
9860 S Thomas Drive 1706
Panama City, FL 32408
- Type
- Condos
- Size
- 1,262 SqFt
- Rooms
- 3 Beds + 2 Baths
Reduced
Panama City
$ 249,000
9860 S Thomas Drive 1516
Panama City, FL 32408
- Type
- Condos
- Size
- 1,047 SqFt
- Rooms
- 1 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.
Data Last Updated: September 17, 2026 10:29 AM UTC
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
