9860 S Thomas Drive, 1503
Panama City Beach, FL 32408
MLS# 958775
Status:
Sold1 beds | 2 baths | 1047 sqft
Property DescriptionBoasting breathtaking Gulf views and a prime location in the heart of Panama City Beach, #1503 at Laketown Wharf offers a fantastic opportunity for luxury living or a high-performing vacation rental investment. This beautifully designed 1-bedroom, 2-bathroom condo is being sold fully furnished, providing a turnkey solution for those seeking immediate rental income or a personal getaway on Florida's stunning Emerald Coast.
Inside, you'll find an open and inviting living space with an updated kitchen that effortlessly flows into the dining area, perfect for entertaining or unwinding after a day at the beach. Step out onto your private, Gulf-facing balcony to enjoy the magnificent sunsets and salty sea breeze. The property's rental history speaks for itself, making it ideal.
Sold Price/SqFt: 285.58
Status: Sold
Under Contract Date: 2025-01-22
Sold Date: 2025-02-28
Listing Board: Emerald Coast
List Price/SqFt: 299.9
List Date: 2024-09-09
Current Price: $299,000
Unit #: 1503
Sub Area: 2723 - Beach - South of Grand Lagoon
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Legal Description: LAKETOWN WHARF UNIT 1503 TYPE C BLDG 2 ORB 2994 P 1890 1BR 2BA BUNK ORB 4124 P 1012 1047 TOTAL SF
Sub-Type: Condominium
Design: N/A
SqFt Source: County PA Records
Stories In Unit: 22
Stories in Building: 22
Unit Floors Above Ground: 15
Covered Spaces: 1
Pool: Yes
Pool Type: Community
Apx SqFt(Htd/Cooled): 1047
Total Bathrooms: 2
Year Built: 2008
Who Paid Doc Stamps: Seller
Who Paid Title: Seller
Homestead: No
Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 2309.37
Annual Assessment Amount: 9237.48
Assessment Paid: Quarterly
New Buyer Fee: No
Last Taxes: 3223
Last Tax Year: 2023
Brokerage Interest: No Interest
Remarks: Boasting breathtaking Gulf views and a prime location in the heart of Panama City Beach, #1503 at Laketown Wharf offers a fantastic opportunity for luxury living or a high-performing vacation rental investment. This beautifully designed 1-bedroom, 2-bathroom condo is being sold fully furnished, providing a turnkey solution for those seeking immediate rental income or a personal getaway on Florida's stunning Emerald Coast.
Inside, you'll find an open and inviting living space with an updated kitchen that effortlessly flows into the dining area, perfect for entertaining or unwinding after a day at the beach. Step out onto your private, Gulf-facing balcony to enjoy the magnificent sunsets and salty sea breeze. The property's rental history speaks for itself, making it ideal.
Community Room: 1
Deed Access: 1
Exercise Room: 1
Gated Community: 1
Pavillion/Gazebo: 1
Picnic Area: 1
Pool: 1
Sauna/Steam Room: 1
Short Term Rental - Allowed: 1
TV Cable: 1
Community Sewer: 1
Electric: 1
Public Water: 1
TV Cable: 1
Balcony: 1
Patio Covered: 1
Ceiling Raised: 1
Floor Tile: 1
Floor Vinyl: 1
Furnished - All: 1
Hallway Bunk Beds: 1
Kitchen Island: 1
Pantry: 1
Washer/Dryer Hookup: 1
Dryer: 1
Fire Alarm/Sprinkler: 1
Microwave: 1
Oven Self Cleaning: 1
Range Hood: 1
Refrigerator: 1
Refrigerator W/IceMk: 1
Washer: 1
AC - Central Elect: 1
AC - High Efficiency: 1
Ceiling Fans: 1
Double Pane Windows: 1
Heat Cntrl Electric: 1
Heat High Efficiency: 1
Storm Doors: 1
Water Heater - Elect: 1
Living Room: 1
Master Bedroom: 1
Accounting: 1
Ground Keeping: 1
Insurance: 1
Internet Service: 1
Land Recreation: 1
Management: 1
Master Association: 1
Recreational Faclty: 1
Area: 27 - Bay County
Street #: 9860
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: Laketown Wharf
Parcel ID: 40001-000-518
Construction Status: Construction Complete
Waterfront: Gulf; Lake; Unit Waterfront
Waterview: Gulf; Gulf/Pass
Parking Features: Covered
Project Facilities: BBQ Pit/Grill; Beach; Community Room; Deed Access; Dumpster; Elevators; Exercise Room; Gated Community; Pavillion/Gazebo; Picnic Area; Pool; Sauna/Steam Room; Short Term Rental - Allowed; TV Cable; Waterfront
Exterior: Balcony; Patio Covered
Interior: Ceiling Raised; Floor Tile; Floor Vinyl; Furnished - All; Hallway Bunk Beds; Kitchen Island; Pantry; Washer/Dryer Hookup; Window Treatment All
Appliances: Dishwasher; Disposal; Dryer; Fire Alarm/Sprinkler; Microwave; Oven Self Cleaning; Range Hood; Refrigerator; Refrigerator W/IceMk; Washer
Utilities: Community Sewer; Electric; Phone; Public Sewer; Public Water; TV Cable
Energy: AC - Central Elect; AC - High Efficiency; Ceiling Fans; Double Pane Windows; Heat Cntrl Electric; Heat High Efficiency; Storm Doors; Water Heater - Elect
Rooms: Bunk Room; Kitchen; Living Room; Master Bedroom
Fees Include: Accounting; Ground Keeping; Insurance; Internet Service; Land Recreation; Management; Master Association; Recreational Faclty; Security; Sewer; Trash; TV Cable; Water
The property's rental history speaks for itself, making it an ideal choice for investors looking for consistent returns.
In addition to the condo's stylish interior and unbeatable views, Laketown Wharf offers an array of resort-style amenities that will delight both owners and guests alike. Enjoy five swimming pools, including a rooftop pool with panoramic views, a dedicated kiddie pool, and two relaxing hot tubs. Take advantage of the private beach access just steps away, or get active with the two-floor gym, pickleball court, and BBQ area. With five on-site restaurants, retail shops, and a poolside bar, you'll never have to go far for dining and entertainment options. Convenience is key here, with Walmart located just across the street and top local attractions within walking distance.
Laketown Wharf is more than just a place to liveit's a lifestyle. Whether you're looking for a profitable investment or a peaceful retreat, Unit #1503 offers the perfect combination of coastal luxury, prime location, and strong rental potential. With units in this building rarely lasting long on the market, don't miss your chance to own a piece of paradise on the Emerald Coast.
Schedule your private showing today and discover the ease and excitement of living at Laketown Wharf Resort.
| Room Name | Level | Dimensions | Length | Width | Remarks | Dimensions |
| Master Bedroom | First | 13 x 11 | 13.00 | 11.00 | Verify if deemed important | 13 x 11 |
| Bunk Room | First | 8 x 7 | 8.00 | 7.00 | Verify if deemed important | 8 x 7 |
| Living Room | First | 18 x 17 | 18.00 | 17.00 | Verify if deemed important | 18 x 17 |
| Kitchen | First | 14 x 9 | 14.00 | 9.00 | Verify if deemed important | 14 x 9 |
Listing Office: Douglas Elliman
Last Updated: March - 03 - 2025
All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2020 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.