For Sale

Listed by Theresa "Terry" Nutter

Source: Bay County Realtors Association #791661

1635/9902 S Thomas Dr, Panama City Beach, FL, 32408

$349,000

1
2
1
1047 sq. ft.

Condo

•

30+ days on the market

What's around 1635/9902 S Thomas Dr

About this property

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. 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 view of the Gulf. 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.

Looking for more information on 1635/9902 S Thomas Dr?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties for sale nearby

For Sale
$330,000
272/4272 Kingfish Lane
Panama City FL 32408
1
1
Condo
Listing courtesy of Emerald Coastal Inc
For Sale
$320,000
207/4100 Marriott Drive
Upper Grand Lagoon FL 32408
1
1
Condo
Listing courtesy of Corcoran Reverie
For Sale
$259,000
1002/9860 South Thomas Drive
Panama City Beach FL 32408
1
2
Condo
Listing courtesy of Beach Time Realty Inc

Other properties for sale by Realty One Group Emerald Coast

For Sale
$995,000
9101 Highway 231
Panama City FL 32404
4
5
2
Single-Family
Listing courtesy of Realty One Group Emerald Coast
For Sale
$425,000
202/6422 West Highway 98
Upper Grand Lagoon FL 32407
2
2
1
Condo
Listing courtesy of Realty One Group Emerald Coast
For Sale
$14,000
tbd Banner Lane
Chipley FL 32428
Land
Listing courtesy of Realty One Group Emerald Coast

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX 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. Information deemed reliable but not guaranteed. Copyright © 2026 Central Panhandle Association of REALTORS®. All Rights Reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent