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UNIT 308/9860 S Thomas Dr

Panama City Beach FL 32408

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

Overview

Welcome to an exceptional investment opportunity at Laketown Wharf in Panama City Beach! This captivating 2-bedroom, 2-bathroom condo, complete with an additional bunk room, offers a proven track record, generating over $47,000 in annual rental revenue. It's the perfect investment for both seasoned and new investors alike.This condo consistently delivers impressive income, making it a reliable asset for your investment portfolio. With Evolve Management handling all rental services, operations are hassle-free, ensuring you can enjoy your investment without the stress of day-to-day management.Tastefully decorated and meticulously maintained, this condo is ready for guests to enjoy. Its prime location directly across the street from the Gulf offers easy beach access and unobstructed lake views from the third floor. Guests can also take advantage of exceptional amenities, including five pools, a lakefront boardwalk, nightly fountain and light shows, a fitness center, putting green, and onsite dining options.Accommodating up to 10 guests, this condo offers two king-sized bedrooms, a bunk nook, and two sleeper sofas, making it ideal for vacationers. Recent upgrades include a new HVAC (2022), WIFI-controlled front door, Nest thermostat, front door camera, hot water heater, and more.The condo even comes with its own custom website for top-tier visibility and an established clientele, ensuring maximum rental potential. Whether you're seeking a vacation retreat or a lucrative investment property, this condo offers the best of both worlds.All information is deemed accurate but should be verified by the buyer and/or buyer's agent if important. Seize this opportunity to own a money-making machine in Panama City Beach!

Features

2 bedrooms
2 bathrooms
1262 sq. ft. floor area
Condo

Property history for UNIT 308/9860 S Thomas Dr

2022
Sold
$360,000
18 Feb 2022 by Scott Pope, of Nautical Properties
2019
Sold
$179,900
02 Jan 2019 by Meghan Hall, of Keller Williams Realty SRB
2019
Sold
$179,900
02 Jan 2019 by Meghan Hall

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 24 reviews in Panama City Beach over the last 12 months.

Local market activity for 2 bedroom condos in Panama City Beach

In the last 12 months, 201 two-bedroom condos similar to UNIT 308/9860 S Thomas Dr, have been sold.

This represents a 20% decrease in two-bedroom condos sales when compared to the previous 12 months.

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