Panama City Beach, FL 32408,9860 S Thomas Drive  #UNIT 114
Panama City Beach, FL 32408,9860 S Thomas Drive  #UNIT 114
Panama City Beach, FL 32408,9860 S Thomas Drive  #UNIT 114
Panama City Beach, FL 32408,9860 S Thomas Drive  #UNIT 114
Panama City Beach, FL 32408,9860 S Thomas Drive  #UNIT 114
Panama City Beach, FL 32408,9860 S Thomas Drive  #UNIT 114
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$ 289,900
Est. payment | /mo

1 Bed

2 Baths

1,047 SqFt


$ 289,900
Est. payment | /mo

1 Bed

2 Baths

1,047 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,047 sqft

Price per Sqft $276

Subdivision Laketown Wharf Phase Ii

MLS Listing ID 957411

Bedrooms 1

Full Baths 2

Construction Status Construction Complete

HOA Fees $2,310/qua

HOA Y/N Yes

Year Built 2008

Annual Tax Amount $3,337

Tax Year 2023

Property Description

Incredible Investment Opportunity! *Kitchen cabinets have been re-painted and are now white - see updated photos.* 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).

Location

State FL

County Bay

Area 27 - Bay County

Rooms

Guest Accommodations BBQ Pit/Grill,Dock,Dumpster,Elevators,Exercise Room,Pavillion/Gazebo,Pets Allowed,Picnic Area,Pool,Short Term Rental - Allowed,TV Cable,Whirlpool

Kitchen First

Interior

Interior Features Breakfast Bar, Floor Tile, Floor WW Carpet New, Furnished - Some, Kitchen Island, Lighting Track, Newly Painted, Renovated, Washer/Dryer Hookup, Woodwork Painted

Appliance Dishwasher, Disposal, Dryer, Fire Alarm/Sprinkler, Microwave, Refrigerator W/IceMk, Smoke Detector, Stove/Oven Electric, Washer

Exterior

Exterior Feature Balcony, BBQ Pit/Grill, Deck Open, Dock, Hot Tub, Patio Covered, Patio Open, Pavillion/Gazebo, Pool - Heated, Pool - In-Ground, Shower, Sprinkler System

Pool Community

Community Features BBQ Pit/Grill, Dock, Dumpster, Elevators, Exercise Room, Pavillion/Gazebo, Pets Allowed, Picnic Area, Pool, Short Term Rental - Allowed, TV Cable, Whirlpool

Utilities Available Electric, Phone, Public Sewer, Public Water, TV Cable

Waterfront Description Lake,Pond

View Lagoon, Lake

Private Pool Yes

Building

Water Lake, Pond

Structure Type Concrete,Foundation On Piling,Stucco

Construction Status Construction Complete

Schools

Elementary Schools Breakfast Point

Others

HOA Fee Include Ground Keeping,Insurance,Land Recreation,Recreational Faclty,Security,Sewer,Trash,TV Cable,Water

Assessment Amount $2,310

Energy Description AC - Central Elect,Heat Cntrl Electric,Water Heater - Elect

Financing Conventional,Other,VA

Listed by Real Broker LLC
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9860 S Thomas Drive #UNIT 114