9860 S Thomas Drive #114

Panama City Beach, FL 32408
$289,900
1047 sqft | 1 bed | 2 baths | #765763
For Sale

Description

More photos coming soon! Incredible Investment Opportunity! 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).Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat,overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line. Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink. This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining.Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52,000 sqft Of Lakefront Boardwalk.
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  • Property Details
      • Interior:Elevator, Kitchen Island
      • Bedrooms:1
      • Bathrooms:2
      • Full Baths:2
      • View:Lake
      • Stories:21
      • Square Feet:1047
      • Property type:Purchase
      • Style:Low Rise
      • Year built:2008
      • Foundation:Pillar Post Pier
      • Utility features:Cable Available, Electricity Connected, Phone Available, Trash Collection
      • Subdivision:Laketown Wharf
      • Elementary School:Breakfast Point
      • Middle School:Breakfast Point
      • High School:Arnold
      • County:Bay
      • Days on Market (Cumulative):18
      • Taxes annual:$3, 337
      • Hoa fees:2310
      • MLS #:765763
      • Cost:289900
      • Property subtype:Condominium
      • MLS #:765763

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Last Updated: . Source: CPAR

Listing Courtesy
Listing Agent: Shantel Peterson
Listing Office: Real Broker LLC

Tia BlumReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Estimated Monthly Payment
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  • Roy F Furst

    Licensed Real Estate Broker

    Central Bay Realty

    Phone: (850) 257-5016

    Email: centralbayrealestate@gmail.com
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    IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.