9860 S Thomas DR #UNIT 1413 Panama City Beach, FL 32408
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,047 sqft
Price per Sqft $228
Subdivision Laketown Wharf
MLS Listing ID 1014128
Bedrooms 1
Full Baths 2
HOA Fees $2,651/qua
HOA Y/N Yes
Year Built 2008
Annual Tax Amount $3,375
Tax Year 2025
Property Sub-Type Condominium
Source Emerald Coast Association of REALTORS®
Land Area 1047
Property Description
7% ROI on a cash purchase, 4% ROI on a financed purchase using ACTUAL rental numbers from over 15 comps in the building!!! No bogus rental projections here, AirDNA is the industry leader in pulling true actual reported rental numbers from the same building and providing a report on expected income.
You heard me right... This condo is priced to move so fast, if you blink you will likely miss it!
In today's condo market, there are very few options where a buyer can rest easy knowing that they got a killer deal. Statistically speaking, most of today's sellers bought during the peak pricing in the past several years, and as such, they are asking way more now than their condo is truly worth. And that is where unit #1413 set's itself apart from EVERY other unit in the area...
Located in one of the most desirable locations in Laketown Wharf, this unit is perfectly centered in the heart of the all-inclusive complex. High enough to have some of the most incredible unobstructed gulf views you have ever seen, and centered in a way where you can catch not only some of the most rejuvenating sunrises in the world, but also where you are blessed every evening with the most awe inspiring sunsets you have ever been fortunate enough to experience. Although the price and location are unmatched by anything else available, this incredible steal truly shines when it comes to investment potential. Buying at such an unheard of price, you are certain to be positioned for years of prosperity. This unit is turnkey with all new stainless steel appliances, and it is priced to allow it's new owner to make some updates and still have ample positive equity - or to simply rent it as it is and enjoy an incredible return on investment as-is for years to come.
You won't find a nicer condo with these views that sleeps 6 people at this price - guaranteed!!! And when you factor in the 4 resort style pools, the state of the art fitness center, the numerous onsite restaurants, the onsite bowling alley and pool hall, the onsite video arcade, the onsite shopping, and the best location in PCB (right across from Pineapple Willy's, a few doors down from the all new Tootsie's Beach Bar, and just a few seconds from endless food/entertainment options), you will quickly see that this truly is a "can't miss" opportunity that comes along only once in a lifetime.
Location
State FL
County Bay
Community Short Term Rental - Allowed, Beach, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Laundry, Pavillion/Gazebo, Picnic Area, Pool, Tv Cable
Area 27 - Bay County
Direction Traveling West on South Thomas Drive, turn right into the parking lot of Laketown Wharf. Check in at the guard station, then turn right and park in the retail spots right in front of the parking garage. Walk under the main building towards the lake, and after you walk through the open air building walkthrough, the elevator will be towards your right. Go to the 14th floor and units is on your right
Rooms
Kitchen true
Interior
Interior Features Breakfast Bar, Kitchen Island, Lighting Track, Pantry
Heating Central
Cooling Ceiling Fans, Central Air
Flooring Floor Tile, Floor Vinyl
Furnishings Furnished - All
Window Features Window Treatment All
Appliance Dishwasher, Disposal, Dryer, Freezer, Microwave, Refrigerator W/IceMk, Stove/Oven Electric, Washer, Water Heater - Elect
Exterior
Exterior Feature Balcony, In-Ground Pool, Heated Pool, Balcony
Pool Pool - Heated, Pool - In-Ground, Pool Type
Community Features Short Term Rental - Allowed, Beach, Community Room, Dumpster, Elevators, Exercise Room, Game Room, Gated Community, Laundry, Pavillion/Gazebo, Picnic Area, Pool, TV Cable
Utilities Available Electric, Public Water, TV Cable
Waterfront Description Pond
View Pond, Gulf
Garage No
Building
Faces Traveling West on South Thomas Drive, turn right into the parking lot of Laketown Wharf. Check in at the guard station, then turn right and park in the retail spots right in front of the parking garage. Walk under the main building towards the lake, and after you walk through the open air building walkthrough, the elevator will be towards your right. Go to the 14th floor and units is on your right
Sewer Public Sewer
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Pets Allowed No
HOA Fee Include Accounting, Management, Sewer, TV Cable, Trash, Water
Tax ID 40001-000-490
NEARBY SCHOOL & BUSINESS
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