9860 S Thomas Drive Unit 1503, Panama City Beach, FL 32408

$319,000

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… Read More 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. Read Less

Listing Snapshot

Days Online

Last Updated

Oct 3, 2024

Property Type

Condominium

Beds

Full Baths

Year Built

2008

MLS Number

762442

30 Days Snapshot Of 32408

-5%

(avg) sold price

-31%

homes sold

138

+27%

(avg) days on market

Snapshot

Area Map

Additional Details

Property Access

Road surface type: Paved

Appliances & Equipment

Dryer, WasherDryerStacked, Dishwasher, EnergyStarQualifiedAppliances, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, RangeHood, Washer

Building

Built in 2008, Architectural style: HighRise, Construction materials: Concrete, 22 total stories, Other structures: Gazebo

Community

Barbecue, Clubhouse, ConferenceMeetingRoom, DogPark, FitnessCenter, GameRoom, Park, Restaurant, Sauna, ShortTermRentalAllowed, Waterfront, Pool

Cooling

CentralAir, Electric, EnergyStarQualifiedEquipment

Exterior Features

Balcony

Water Features

Lake, LakeFront

Heating

Central, Electric, EnergyStarQualifiedEquipment

Home Owner's Association

Association fee: $2,309, Association amenities: BeachRights

Interior Features

Furnished: Furnished, HighCeilings, Pantry

Laundry

Stacked

Lot

Landscaped, OnGolfCourse, PondOnLot

Energy Saving

Green energy efficient: Appliances

Parking

1 covered space, Detached, Garage, CommunityStructure

Pool

InGround, Community

Property

Patio and porch features: Balcony, Covered, Patio, Gulf, Lake

Roof

Membrane

Security Features

FireAlarm, FireEscape, Firewalls, FireSprinklerSystem, GatedWithGuard, TwentyFourHourSecurity, SmokeDetectors, SeeRemarks, SecurityService

Spa

Community

Taxes

Year: 2023

Utilities

CableConnected, ElectricityConnected, PhoneConnected, SewerConnected, TrashCollection, WaterConnected, PhoneAvailable

Windows

DoublePaneWindows, StormWindows

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Courtesy of Douglas Elliman 561-655-8600

9860 S Thomas Drive Unit 1503

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