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Debbie Kirkland

[email protected] +1(850) 212-0440

$ 314,000

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Price Dropped by $5K

9860 S Thomas DR #1503 Panama City Beach, FL 32408

1 Bed

2 Baths

1,047 SqFt

UPDATED:

10/21/2024 04:44 PM

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,047 sqft

Price per Sqft $299

Subdivision Laketown Wharf

MLS Listing ID 762442

Style High Rise

Bedrooms 1

Full Baths 2

HOA Fees $2,309/qua

HOA Y/N Yes

Year Built 2008

Annual Tax Amount $3,223

Tax Year 2023

Property Description

Boasting breathtaking Gulf views and a prime location in the heart of Panama City Beach, #1503 at Laketown Wharf offers a fantastic opportunity for resort-style living or a high-performing vacation rental investment. This beautifully designed 1-bedroom + bunk nook, 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.Once inside you'll find Gulf views from an inviting and spacious, open concept entertainment area with an updated kitchen that effortlessly flows into the transitional dining area. The kitchen offers plenty of prep space with granite counters on all kitchen surfaces, including the convenient eat-in island. The conjoined living room opens directly to your private, Gulf-facing balcony ideally poised to soak up the magnificent sunrises, sunsets and enjoy the feeling of the refreshing sea breeze from your 15th floor balcony. The property's steady and long standing rental history speaks for itself, with $36,000 in gross revenue on the books already for 2024 and time still remaining to fill in any gaps. These rental numbers make financial sense and pose unit 1503 as an ideal choice for investors looking for consistent returns.In addition to the condo's stylish interior and unbeatable views, the well organized layout utilizes every inch to maximize occupancy for a 1 bedroom condo and retain the spacious feel.Laketown Wharf offers an array of resort-style amenities that will delight both owners and guests alike. Enjoy one of the five swimming pools that include a rooftop pool with panoramic views, a dedicated kiddie pool with splash pad, and two relaxing hot tubs. You'll also be able to take advantage of the private beach access just steps away, or get active with the two-floor gym, the on-site pickleball court, and the BBQ area. The first floor is flush with five on-site restaurants, retail shops, as well as an outdoor dining boardwalk with lakeside views. Immerse yourself in relaxation by enjoying the poolside bar or by getting in putting practice at the putting green. You'll never have to go far for dining and entertainment options from Laketown Wharf. Convenience is key here, with Walmart located just across the street to the North, the famous beachfront restaurant of Pineapple Willies across the street to the South, and top local attractions within walking distance such as Ripley's Believe it or Not, Wonderworks, Coconut Grove and other mini-golf, go-cart and adrenaline centered activities.Laketown Wharf is more than just a place to live or own a condo, it's a resort lifestyle nestled in the hottest areas for Panama City Beach amusement. 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.

Location

State FL

County Bay

Community Barbecue, Clubhouse, Conference/Meeting Room, Dog Park, Fitness Center, Game Room, Park, Restaurant, Sauna, Short Term Rental Allowed, Waterfront, Pool

Area 03 - Bay County - Beach

Rooms

Ensuite Laundry Stacked

Interior

Interior Features High Ceilings, Pantry

Laundry Location Stacked

Heating Central, Electric, ENERGY STAR Qualified Equipment

Cooling Central Air, Electric, ENERGY STAR Qualified Equipment

Furnishings Furnished

Fireplace No

Appliance Dryer, Washer/Dryer Stacked, Dishwasher, ENERGY STAR Qualified Appliances, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Range Hood, Washer

Laundry Stacked

Exterior

Exterior Feature Balcony

Garage Detached, Garage, Community Structure

Pool In Ground, Community

Community Features Barbecue, Clubhouse, Conference/Meeting Room, Dog Park, Fitness Center, Game Room, Park, Restaurant, Sauna, Short Term Rental Allowed, Waterfront, Pool

Utilities Available Cable Connected, Electricity Connected, Other, Phone Connected, See Remarks, Trash Collection, Water Connected, Phone Available

Amenities Available Beach Rights

Waterfront Yes

Waterfront Description Lake,Lake Front

View Y/N Yes

Water Access Desc Lake,Lake Front

View Gulf, Lake

Roof Type Membrane

Porch Balcony, Covered, Patio

Parking Type Detached, Garage, Community Structure

Building

Lot Description Landscaped, On Golf Course, Pond on Lot

Story 22

Architectural Style High Rise

Additional Building Gazebo

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

HOA Fee Include Cable TV,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Pest Control,Phone,Pool(s),Recreation Facilities,Sewer,Security,Trash,Water

Tax ID 40001-000-518

Security Features Fire Alarm,Fire Escape,Firewall(s),Fire Sprinkler System,Gated with Guard,24 Hour Security,Smoke Detector(s),See Remarks,Security Service

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Listed by Douglas Elliman

Debbie Kirkland

Broker | License ID: BK3052075

+1(850) 212-0440

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Tallahassee, FL

Debbie Kirkland

Debbie Kirkland

9860 S Thomas DR #1503 Panama City Beach, FL 32408

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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9860 S Thomas DR #1503