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523/9860 South Thomas Drive

Panama City Beach FL 32408

3
2
1
1262 sq. ft.
Condo
Currently for sale - view listing

Overview

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!

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
1262 sq. ft. floor area
Condo

Property history for 523/9860 South Thomas Drive

2023
Sold
$397,000
01 Sep 2023 by Heather Jeanneret, of Southern Beach Realty LLC
2020
Sold
$250,000
27 Mar 2020 by Meghan Hall, of Keller Williams Realty SRB
2020
Sold
$250,000
27 Mar 2020 by Meghan Hall, of KELLER WILLIAMS REALTY EMERALD

Happy sellers in Panama City Beach

91%
91% of sellers in Panama City Beach reported that their sale price either exceeded or met their price expectations.

Panama City Beach stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 33 reviews in Panama City Beach over the last 12 months.

Local market activity for 3 bedroom condos in Panama City Beach

In the last 12 months, 95 three-bedroom condos similar to 523/9860 South Thomas Drive, have been sold.

This represents a 1% decrease in three-bedroom condos sales when compared to the previous 12 months.

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