Back Unit 114/9860 S Thomas Dr
Off Market

Unit 114/9860 S Thomas Dr

Panama City Beach FL 32408

1
2
1047 sq. ft.
Condo
Last sold for $229,000
Shantel PetersonShantel Peterson, last sold this property on 26 August 2025 after 369 days on market.

Overview

Just reduced $20k! This seller is motivated! Investment Opportunity - This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort . This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33,543, 2022/$27,882, 2023/$20,757, and 2024/$18,669 with heavy personal usage. Rental projections are right around $25-35k/annually. (Seller has high personal usage for friends and family). Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat, overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line. Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink. This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining. Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.

Features

1 bedroom
2 bathrooms
1047 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 1 bedroom condos sold in Panama City Beach over the last 12 months, the estimated median property value of Unit 114/9860 S Thomas Dr is $287k.

Median value
$287k
Estimated value range
$100k - $420k
Median days on market
92
Estimated value trend
-8%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Panama City Beach. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for Unit 114/9860 S Thomas Dr

2025
Sold
$229,000
26 Aug 2025 by Shantel Peterson, of Real Broker LLC
2019
Sold
$155,000
23 May 2019 by Meghan Hall, of Keller Williams Realty SRB

Happy sellers in Panama City Beach

89%
89% 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 19 reviews in Panama City Beach over the last 12 months.

Local market activity for 1 bedroom condos in Panama City Beach

In the last 12 months, 143 one-bedroom condos similar to Unit 114/9860 S Thomas Dr, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Panama City Beach

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent