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Harrison Lilly Team

Owner/Operator | Harrison Lilly Emerald Coast | Harrison Lilly Realty | PLACE

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9860 S Thomas Dr Unit 305 , Panama City Beach, FL 32408
$255,000
Est. Payment: $1,408.84/mo
1 Bed
2 Bath
1047 Sqft
Status: Active | Days on site: 141
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CPREE - B6420
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Harrison Lilly Team
Owner/Operator

House Description

This 1 bedroom unit in Laketown Wharf has had a 'Consistent and Steady' STR history that has proven to bring back its guests every year. In 2025 this unit made up to $53,000 in STR income and consistently proves the same in 2026. (2025- GRI $53,100). It has built a reputation based on integrity, valued hosting, and quality history. This unit is not new to the STR market so any investor that looks to purchase unit 305 will have a portfolio based on years of rentals. The STR income has been steady and each year has gained a very high end profit. Unit 305 is turn-key, is fully stocked, and comes fully furnished. Overlooking the lake and the pool, the sunsets bring out the best in the view. Located on the third floor, wait times for elevators are short, stairs are easily accessible as they are near the unit, and it is an end unit so traffic is quiet in this location of the premises. NO long wait times which is an added bonus in the complex. Located in the East building, the condo is close to all the amenities, restaurants, and entertainment. This unit comes with two assigned parking spots in the East garage. This condo was partially remodeled after the current owner purchased it. New furnishings throughout. Please see video tour in the video section of the listing for the full effect. Laketown Wharf offers its own private beach access for its guests. On site, all amenities include 5 unique pools, a fitness center, a mini golf course, restaurants and shops, and 52,000 square feet of a lakefront boardwalk with gated 24-hour roving security. Unit 305 is priced to sell!

Highlights

Listed by Elaine G Fenster , 850-704-2051 Coastal Palms Real Estate , 716-912-1447. Bay County Association of REALTORS

Property Type

Condo/Townhome

HOA Fee

2490.58 Quarterly

Year Built

2008

County

Bay

Area

03 - Bay County - Beach

Neighborhood

Laketown Wharf

Listing ID

789426

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Air Cond:Central Air,Ceiling Fan(s)
Fireplaces:
Floor:Plank,Vinyl
Other:
  • ▪ Additional:Main Level Primary, Tub Shower

Exterior Features

Lot:Paved
Lot Dimensions:condo
Zoning:Resid Multi-Family
Roof:Clay,Membrane
Sewer:Public Sewer
Parking Features:Additional Parking,Paved
Principal Interest
$1,409
Taxes
$281
HOA
$2,491

Home Price

$255,000

Loan Details

30 yrs
7.374%

Down Payment

20%
$51,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,408.84

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,408.84 $281.25 $2,490.58 $4,180.67
Yearly $16,906.06 $3,375.00 $29,886.96 $50,168.02
Total $507,181.78 $101,250.00 $896,608.80 $1,505,040.58

Today's Rates

30 Year

7.37%

20 Year

7.27%

15 Year

6.8%

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Market insight data is pulled from the same city as the listing being viewed (Panama City Beach, FL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bay County Association of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-10-07T08:07:44.000Z

© 2026 Bay County Association of REALTORS