9902 S Thomas Drive #1635, Panama City, FL 32408
Local realty services provided by:CENTURY 21 First Story Real Estate
Listed by: terry l nutter
Office: realty one group emerald coast
MLS#:791661
Source:FL_BCMLS
Price summary
- Price:$349,000
- Price per sq. ft.:$333.33
- Monthly HOA dues:$830.33
About this home
Calling all investors! This is more than just a condo -- it's an established income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue comparable to Gulf view units.
Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash. It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a peek of the Gulf from your private balcony. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool & rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages.
In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity....
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Home facts
- Year built:2007
- Subdivision & Development:Laketown Wharf Phase II
- Listing ID #:791661
- Added:135 day(s) ago
- Updated:November 03, 2026 at 05:10 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:5
- Kitchen Description:Electric Oven, Electric Range, Electric Water Heater
- Living area:1,047 sq. ft.
Heating and cooling
- Cooling:CentralAir
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:2007
- Building area:1,047 sq. ft.
- Architectural Style:High Rise
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$349,000
- Price per sq. ft.:$333.33
- Tax amount:$3,027 (2025)
Features and amenities
- Laundry features:Washer Dryer Stacked
- Amenities:ElectricOven, ElectricRange, ElectricWaterHeater, FireAlarm, FireSprinklerSystem, SecurityGuard, SecurityService, SmokeDetectors, WasherDryerStacked
- Pool features:Community, Gas Heat, Gunite, InGround
Parking
- Garage:Yes
- Garage spaces:1
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