$3,859 Closing Credit¹
#766815, Listing Office: Real Broker LLC
$3,859
closing credit¹
9860 S Thomas Dr Unit 308 Panama City Beach, FL 32408
$325,000 List price
$3,859
Closing credit¹
2 beds
2 full
1,262 sqft
$258 / sqft
Condo
Property details
About 9860 S Thomas Dr Unit 308
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!
Highlights
Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Ceiling Fan(s), Electric
Size1,262 sqft
Year built2008
MLS #762913
WaterfrontLake Front
ViewLake
Summary
- MLS Number: 762913
- MLS Name: BCAR
- Office Name: Counts Real Estate Group Inc
The data relating to real estate for sale on this web site 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. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$325,000
9860 S Thomas Dr Unit 308
$3,859
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 08, 2022 | Home Sold | $360,000 |
| May 06, 2021 | Home Sold | $239,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $391,000 | $4,978 |
| 2022 | $330,225 | $2,924 |
| 2021 | $212,500 | $2,924 |
History based on county public records data.
Nearby schools
5
Hutchison Beach Elementary School
Public District KG-5
2.5 mi
•12900 Hutchison Blvd
7
Patronis Elementary School
Public District KG-5
2.5 mi
•7400 Patronis Dr
3
Lucille Moore Elementary School
Public District PK-5
5.8 mi
•1900 Michigan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,561. Typical income of Panama City Beach, FL residents is between $35k-100k annually. Typical family type is single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
46%
<35k
48%
35k-100k
6%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
8%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Pro Wrestling
Figure Skating
PGA/LPGA
Where do the neighbors shop?
Family Dollar
Wal-Mart
Kmart
Where do the neighbors go to eat?
Dominos Pizza
Sonic
Bob Evans
What do the neighbors drive?
Ford
Oldsmobile
Buick
What do the neighbors listen to?
New Country
Contemporary Inspirational- Oldies
All data provided by Home Junction and Claritas
Similar homes for sale
$3,906 Closing Credit¹
#756096, Listing Office: Coastal Living Realty & Associates
$3,788 Closing Credit¹
#762726, Listing Office: ERA Neubauer Real Estate, Inc
Backup offers
$3,503 Closing Credit¹
#761261, Listing Office: Beach Time Realty, Inc
$4,038 Closing Credit¹
#765888, Listing Office: LPT Realty LLC
$4,691 Closing Credit¹
#755283, Listing Office: NBI Properties Inc
$4,097 Closing Credit¹
#757705, Listing Office: Paradise Properties of NW Florida
$4,738 Closing Credit¹
#756411, Listing Office: Lifes A Beach Real Estate, LLC
Backup offers
$4,738 Closing Credit¹
#761083, Listing Office: Coastal Living Realty & Associates
$4,749 Closing Credit¹
#761187, Listing Office: Saltwater Real Estate of PCB
Frequently asked questions
About 9860 S Thomas Dr Unit 308
This home is located at 9860 S Thomas Dr Unit 308 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,262 square foot home was built in 2008. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 1, 2024 and is currently priced at $325,000.
While more than 3 listings in Panama City Beach, FL in January 2025 were sold above asking price, there were more than 10 listings sold at asking price, and more than 69 were sold below. The number of homes for sale in Panama City Beach, FL increased by 6.9% between December and January 2025. Listings spent 101 days on the market in January 2025, and had a median list price of $450,216 during the same period.
From Rocket Homes Real Estate and based on county public records data.