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9860 S Thomas Unit 1503, Panama City Beach, FL, 32413

$314,000

Home List Price

$3,729*

Closing Credit

1 Bedroom
2 Full Baths
1,047 SqFt
$300/SqFt
Condo

Location

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9860 S Thomas Unit 1503, Panama City Beach$314,000

Buyer Closing Credits

$3,729*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built2008
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
WaterfrontLake Front
ViewGulf
MLS #764552
StatusActive

About 9860 S Thomas Unit 1503

Boasting breathtaking Gulf views and a prime location in the heart of Panama City Beach, #1503 at Laketown Wharf offers a fantastic opportunity for luxury living or a high-performing vacation rental investment. This beautifully designed 1-bedroom, 2-bathroom condo is being sold fully furnished, providing a turnkey solution for those seeking immediate rental income or a personal getaway on Florida's stunning Emerald Coast. Inside, you'll find an open and inviting living space with an updated kitchen that effortlessly flows into the dining area, perfect for entertaining or unwinding after a day at the beach. Step out onto your private, Gulf-facing balcony to enjoy the magnificent sunsets and salty sea breeze. The property's rental history speaks for itself, making it ideal.The property's rental history speaks for itself, making it an ideal choice for investors looking for consistent returns.In addition to the condo's stylish interior and unbeatable views, Laketown Wharf offers an array of resort-style amenities that will delight both owners and guests alike. Enjoy five swimming pools, including a rooftop pool with panoramic views, a dedicated kiddie pool, and two relaxing hot tubs. Take advantage of the private beach access just steps away, or get active with the two-floor gym, pickleball court, and BBQ area. With five on-site restaurants, retail shops, and a poolside bar, you'll never have to go far for dining and entertainment options. Convenience is key here, with Walmart located just across the street and top local attractions within walking distance.Laketown Wharf is more than just a place to liveit's a lifestyle. Whether you're looking for a profitable investment or a peaceful retreat, Unit #1503 offers the perfect combination of coastal luxury, prime location, and strong rental potential. With units in this building rarely lasting long on the market, don't miss your chance to own a piece of paradise on the Emerald Coast.Schedule your private showing today and discover the ease and excitement of living at Laketown Wharf Resort.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Douglas Eliman 30A

Interior Features

Interior Information:

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, ENERGY STAR Qualified Appliances, Electric Oven, Electric Water Heater, Disposal, Microwave, Plumbed For Ice Maker, Refrigerator, Range Hood, Washer
  • Interior: High Ceilings, Kitchen Island, Pantry

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Gulf
  • Exterior: Balcony

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: $314,000
  • Price Per SqFt: $300/SqFt

HOA Fees:

  • Amount: $2309
  • Frequency: Quarterly
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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 Unit 1503 vs Panama City Beach

46 DAYS ON ROCKET

-58 Days

$314,000

-$140.5K Less

$300/SqFt

-$21 Less

KEY TAKEAWAY

This property is $140.5K less than the Median Sold Price and $21/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: #764552

Listing Office:

  • Office Name: Douglas Eliman 30A

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, 11:55:59 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,008

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NMLS#3030

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-824532
5
/10

  • Hutchison Beach Elementary School

  • 12900 Hutchison Blvd

  • 2.46 miles

  • Public District Grades KG-5

school-card-donut-824533
7
/10

  • Patronis Elementary School

  • 7400 Patronis Dr

  • 2.47 miles

  • Public District Grades KG-5

school-card-donut-824534
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. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 9860 S Thomas Unit 1503

What is the listing price of this property?

The listing price of 9860 S Thomas Unit 1503 property is $314,000.

What type of property is this?

The property 9860 S Thomas Unit 1503 is a condo located in Panama City Beach, Florida, 32413.

Is this property for sale now?

Active Listing: 9860 S Thomas Unit 1503 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 9860 S Thomas Unit 1503 has 1 bedroom and 2 bathrooms.

What is the square footage of this property?

The property 9860 S Thomas Unit 1503 is 1,047 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 9860 S Thomas Unit 1503 is 2008.

Rocket Homes›Florida›Bay County›Panama City Beach›32413›9860 S Thomas Unit 1503

This home is located at 9860 S Thomas Unit 1503 in Panama City Beach, FL and zip code 32413 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 November 05, 2024 and is currently priced at $314,000.

While more than 8 listings in Panama City Beach, FL in November 2024 were sold above asking price, there were more than 25 listings sold at asking price, and more than 90 were sold below. Between October 2024 and November 2024, Panama City Beach, FL real estate market has seen increase in the number of listings by 1%. While the average time on the market in November 2024 was 104 days, the median list price was $454,516.

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

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