17 days on rocket

9860 S Thomas Dr Unit 114, Panama City Beach, FL, 32408

$289,900

Home List Price

$3,443*

Closing Credit

1 Bedroom
2 Full Baths
1,047 SqFt
$277/SqFt
Condo

Location

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9860 S Thomas Dr Unit 114, Panama City Beach$289,900

Buyer Closing Credits

$3,443*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDetached, Garage, Gated, Paved, Parking Lot, Community Structure
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewLake
MLS #765763
StatusActive

About 9860 S Thomas Dr Unit 114

More photos coming soon! Incredible 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. Seller will transfer all future bookings to buyer upon sale. 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 through August. Rental projections are right around $30-35k/annually. (Seller has been using the condo more over the last few years for personal use and family, thus the decline in GRI).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.

Property Details

Property Features

Property Information:

  • Architectural Style: Low Rise
  • Year Built: 2008
  • Living Area: 1,047 SqFt

Listing Office:

  • Office Name: Real Broker LLC

Interior Features

Interior Information:

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator
  • Interior: Elevator, Kitchen Island

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Lake

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Garage, Gated, Paved, Parking Lot, Community Structure

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's

Price Information

Listing Price Info

Price Summary:

  • List Price: $289,900
  • Price Per SqFt: $277/SqFt

HOA Fees:

  • Amount: $2310
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $2,094
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Panama City Beach, FL.

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Panama City Beach, FL

City

Med. Sold Price

$454.5K

Med. Price/SqFt

$321

Avg. Days On Market

104

# of Sold Homes

123

9860 S Thomas Dr Unit 114 vs Panama City Beach

17 DAYS ON ROCKET

-87 Days

$289,900

-$164.6K Less

$277/SqFt

-$44 Less

KEY TAKEAWAY

This property is $164.6K less than the Median Sold Price and $44/SqFt less than other homes in Panama City Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BCAR
  • MLS Number: #765763

Listing Office:

  • Office Name: Real Broker LLC

IDX 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© 2024 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: 12/21/2024, 12:21:01 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 29, 2019Home Sold
$155,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,094$168,215
2018$1,740$134,300
2017$1,795$166,430

History based on county public records data.

Payment Calculator

$2,284

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$936

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-711733
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.46 miles

  • Public District Grades KG-5

school-card-donut-711734
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.47 miles

  • Public District Grades KG-5

school-card-donut-711735
3
/10

  • Lucille Moore Elementary School

  • 1900 Michigan Ave

  • 5.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9860 S Thomas Dr Unit 114

What is the listing price of this property?

The listing price of 9860 S Thomas Dr Unit 114 property is $289,900.

What type of property is this?

The property 9860 S Thomas Dr Unit 114 is a condo located in Panama City Beach, Florida, 32408.

Is this property for sale now?

Active Listing: 9860 S Thomas Dr Unit 114 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,094 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 29, 2019 for $155,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Dr Unit 114 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Dr Unit 114 is 1,047 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Dr Unit 114 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32408›9860 S Thomas Dr Unit 114

This home is located at 9860 S Thomas Dr Unit 114 in Panama City Beach, FL and zip code 32408 in the Long Beach neighborhood. This 1,047 square foot home was built in 2008. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since December 03, 2024 and is currently priced at $289,900.

In November 2024 more than 8 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 25 listings were sold at asking price, while more than 90 were sold below. The inventory of homes for sale in Panama City Beach, FL between October 2024 and November 2024 increased by 1%. In November 2024 median list price was $454,516 and the average listing age was 104 days.

From Rocket Homes Real Estate and based on county public records data.

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