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

$370,000
3
BD
2
BA

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Sold Price
$370,000
List Price
$380,000
Status
CLOSED
Closing Date
Jun 24, 2026
MLS#
789890
Subtype
Residential
Style
High Rise
Year Built
2008
Bedrooms
3
Bathrooms
2
Full Baths
2
Subdivision
Laketown Wharf Phase II
Neighborhood
Beach - South of Grand Lagoon
MLS Area Major
Bay County - Beach

Property Description

GULF VIEWS, STRONG RENTAL POTENTIAL & FLEXIBLE SELLER FINANCING! This 10th-floor condo delivers the Panama City Beach lifestyle buyers and investors are looking for, with direct access to sugar-white sand beaches, emerald Gulf waters, and endless entertainment just steps away. Whether you're searching for a personal getaway or a high-performing vacation rental, this unit offers an ideal opportunity. Inside, the open-concept living space is filled with natural light and flows to a private balcony overlooking the Gulf, perfect for morning coffee or relaxing after a day on the beach. The layout is designed to maximize occupancy with a spacious bedroom and additional bunk space, making it highly appealing for short-term rentals. Located in a resort-style community, owners and guests enjoy multiple pools, beach access, a fitness center, and on-site dining, all contributing to strong rental demand. Positioned along one of the most desirable stretches of Panama City Beach, you are just minutes from popular attractions, waterfront dining, shopping, fishing charters, and family-friendly entertainment. This is a turnkey opportunity for investors seeking income potential in a high-demand beach market or buyers wanting a vacation home that can help offset costs through rentals. Seller financing available at 5% interest with a 3 to 4 year balloon, amortized over 30 years, with 20% down, adding flexibility to an already strong investment opportunity.

Additional Information

Interior Features
Double Vanity, Soaking Tub, Separate Shower
Property Description
High Rise
Zoning
Resid Multi-Family
Appliances
Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Ice Maker
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s)
Exterior Construction
Stucco
Parking
Gated
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Salty Marlin Realty LLC. Selling Office: EXP Realty LLC.