9860 S Thomas Drive #UNIT 114 Active Save Request In-Person Tour Request Virtual Tour
Panama City Beach,FL 32408
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
HOA Fees $770/qua
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
Kitchen First
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
Building
Water Lake,Pond
Structure Type Concrete,Foundation On Piling,Stucco
Schools
Elementary Schools Breakfast Point
Others
Assessment Amount $2,310