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9860 S Thomas Drive, Unit 523
Panama City Beach, FL 32408

$405,000 - Status: Active

Beds: 3

Baths: 2 full

SQFT (H&C): 1,262

MLS# 1014688

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!

Property Features

MLS#: 1014688

Zip: 32408

Subdivision: Laketown Wharf

Development: 27 - Bay County

Property Type: Residential - Condominium

Cooling: Central Air

Heating: Central

Home Style: N/A

Stories: 21.0

Taxes: $3,058

Year Built: 2008

SQFT (H&C): 1,262

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Association Fee Includes: $0

Community Features: BBQ Pit/Grill, Community Room, Elevators, Exercise Room, Gated Community, Golf, Handicap Provisions, Picnic Area, Pool, TV Cable, Waterfront

Exterior: Concrete, Stucco

Exterior: Balcony, BBQ Pit/Grill, Hot Tub, Lawn Pump, Pavillion/Gazebo

Financing Terms: Conventional, Other

Flooring: Floor Tile, Floor Vinyl

Foundation: Foundation On Piling

HOA: Yes

Hot Tub: Yes

Interior: Breakfast Bar, Newly Painted, Owners Closet, Pantry

Parcel Number: 40001-000-158

Parking: Garage

Patio/Porch: Patio Open

Pool Features: Pool - In-Ground, Pool Type

Property Condition: Renovated, Construction Complete

Rooms Total: 5

Sewer: Public Sewer

Special View Info: Lake, Gulf

Sub Type: Condominium

Utilities: Electric, Phone, Public Water, TV Cable

Waterfront: Lake

Window: Window Treatment All

Room Sizes

Primary Bedroom: 13 X 11 Level - First

Bunk Room: 8 X 7 Level - First

Balcony: 18 X 7 Level - First

Bedroom: 12 X 10 Level - First

Kitchen: 9 X 5 Level - First

Local Schools

High School: Arnold

Middle School: Breakfast Point

Elementary School: Breakfast Point

9860 S Thomas Drive, Unit 523 | MLS# 1014688

This condo located at 9860 S Thomas Drive, Unit 523, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $405,000. This property was built in 2008 and has 3 bedrooms and 2 full baths with 1262 sq. ft. S Thomas Drive, Unit 523 is located in the LAKETOWN WHARF subdivision. Search LAKETOWN WHARF real estate on wscott.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: EXP Realty LLC

Shown By

Agent Name: Ward Scott
Agent Phone: (850) 960-0285
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 11/02/2026. The listing information on this page last changed on 11/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 11/02/2026 9:58:44 AM EST) or Emerald Coast MLS (last updated Mon 11/02/2026 9:46:04 AM EST) or Central Panhandle Association of Realtors (last updated Mon 11/02/2026 9:49:45 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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9860 S Thomas Drive, Unit 523Panama City Beach, FL 32408