For sale Condo

Listed Nov 2, 2026

$405,000 Est. $2,679/mo

9860 South Thomas Drive Unit 523

  • 3

    Beds

  • 2

    Baths

  • 1,262

    Sq ft

The story

  • Pool
  • Waterfront

Unit UNIT 523 at 9860 South Thomas Drive is a 3-bedroom, 2-bathroom condo in Panama City Beach, FL with 1,262 sq ft of living space, built in 2008. It is currently listed at $405,000, with a quarterly HOA fee of $3,196. Highlights include a waterfront setting and a pool.

RENTAL MACHINE WITH A PROVEN TRACK RECORD! Generating over $60,000 annually in rental revenue for each of the past three years, this beautifully furnished 3-bedroom condo at Laketown Wharf offers an exceptional opportunity for investors and second-home buyers alike! Positioned in one of the most desirable stacks in the building, this unit boasts uninterrupted Gulf views from the spacious living room, kitchen, and primary bedroom. An expansive private balcony stretches across both the living area and primary suite, providing the perfect setting to enjoy breathtaking views of the emerald waters and sugar-white sands of Panama City Beach. Thoughtfully decorated, furnished, and equipped with both comfort and rental performance in mind, this property is truly turnkey and ready to serve as your personal coastal retreat or income-producing short-term rental. Laketown Wharf offers a resort-style experience with multiple swimming pools, on-site restaurants and shopping, fitness amenities, and a variety of activities for owners and guests. Conveniently located in the heart of Panama City Beach, the resort provides easy access to the area's renowned beaches, dining, entertainment, and attractions. With a proven rental history, spectacular Gulf views, and an unbeatable combination of location and amenities, this property checks all the boxes! Don't miss your opportunity to own a turnkey investment in one of Panama City Beach's most recognizable resort communities!

Facts & features

Home type

Condo

Year built

2008

Floors

21

Price per sq ft

$321

HOA

$3,196 / quarterly

Included features

  • Pool

    Yes

  • Cooling

    Central Air, Ceiling Fans

  • Heating

    Central, Electric

  • Appliances

    Electric Oven, Electric Range

  • Roof

    Clay

  • Sewer

    Public Sewer

Mortgage calculator

Estimated monthly payment

$2,679 /mo

7% rate · 30-yr fixed · 20% down

  • Principal & interest $2,156
  • Property tax $405
  • Insurance $118

Includes principal, interest, taxes & insurance.

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Listing Broker

EXP Realty LLC

Broker Name

EXP Realty LLC

Agent

Abbott Martin Group

Location

Miramar Beach FL 32550