tomo logo

$385,000

Beds
2
Baths
2.0
sq ft
1,262

9860 S Thomas Dr Unit 907, Panama City, FL 32408

9860 S Thomas Dr Unit 907

Panama City, FL 32408

  • 33 days on market
Own a Slice of Paradise at Laketown Wharf - Gulf-View Turnkey Investment! Discover the perfect blend of luxury, convenience, and rental potential with this stunning 2-bedroom, 2-bathroom condo, plus an additional bunk room--ideal for maximizing occupancy and returns. Wake up to breathtaking Gulf views and enjoy a fully equipped kitchen featuring stainless steel appliances, granite countertops, and ample cabinet space. Recently updated with new kitchen appliances and a water heater (within the last 2 years), this unit is truly move-in ready. Nestled in the heart of Panama City Beach, Laketown Wharf offers unmatched resort-style amenities: Multiple pools & hot tubs 52,000 sq. ft. lakefront boardwalk with nightly fountain & light shows Fitness center, onsite dining, shopping, arcade, & bowling alley Stunning Gulf views from a prime unit location in Phase 2Whether you're looking for a vacation home, full-time residence, or lucrative investment property, this turnkey condo offers endless possibilities.

Details

Property type

Condominium

Est. home value

$435,775

Lot size

Unknown

Price per sq ft

$306

Year built

2008

Annual property taxes

$4,281

Monthly HOA fee

$927.87

Price History

02/23/2025
CentralPanhandle

CentralPanhandle #769426

Listed
$385,000
-2.53%
01/18/2025
EmeraldCoast

EmeraldCoast #963777

Removed
$395,000
11/26/2024
EmeraldCoast

EmeraldCoast #963777

Listed
$395,000
+69.67%

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated, Park, Restaurant, Sidewalks, Tennis Court(s)

Number of units in community: 

765

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Flc Mortgage Llc

Loan start date

May 2018

Original loan amount

$165,805

Est. remaining balance

Not provided

Interest rate

3.5%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Tim W Elkins and Michele E Elkins

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
CentralPanhandle
$389,900
2 bd
|
2 ba
|
1,262 sq ft
|
Condo

9860 S Thomas Dr Unit 1007, Panama City, FL 32408

Sold
CentralPanhandle
$399,000
2 bd
|
2 ba
|
1,262 sq ft
|
Condo

9860 S Thomas Dr Unit 724, Panama City, FL 32408

Price drop
CentralPanhandle
$399,000
2 bd
|
2 ba
|
1,262 sq ft
|
Condo

9902 S Thomas Dr Unit 1831, Panama City, FL 32408

Status: Active

Tomo last checked: 03/31/2025 at 7:55 PM

Listing updated: 02/27/2025 at 10:00 AM

Listed by: Andrew Turner, Real Broker LLC Phone #: (855) 450-0442

MLS: CentralPanhandle #769426

CentralPanhandle logo

Recently listed in Panama City