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Image 1 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Image 2 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Image 3 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Image 4 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Image 5 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Image 6 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Image 7 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Image 8 - 9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408 - Condo for sale

Condo For Sale In Panama City Beach, Florida

9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408

Condo For Sale In Panama City Beach, Florida

condo for sale

Listed: 05/21/24

9860 S Thomas Dr Unit 1820, Panama City Beach, Florida, 32408

3 Bed:

3 Bath:

1,681 Sq Ft Living Area:

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Price

$ 499,900

Price: Lower

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About This Condo

Best gulf view in laketown wharf resort !!! This Spacious 3 bed/3 bath plus bunk area is ideal for family getaways. There is nothing left out. The condo is well decorated and sold fully furnished. All appliances were bought 2022 and the HVAC, water heater and washer and dryer is from 2019. This is a great investment opportunity withSTRONGnumbers. Last year's approx. gross rental income was$44K. 2024 YTDgross rental income as of May 1st is $38K with reservations still booking. Laketown Wharf is conveniently located to many entertainment attractions and restaurants and just steps away from the Beach. The Resort offers fantastic amenities: a fitness center, five refreshing pools, a large freshwater lake, and52, 000sq. ft. of lakefront boardwalk with lots of shops and restaurant. You never have to leave the resort! Can it be any better?

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Condos for sale in Panama City Beach

Original listing

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Panama City Beach Housing & Living

Average sale prices for condos

1 bed

2 bed

3 bed

Show as List Show as Graph

Month	Median Price
May 2024	$738,287 (+3.9%)
Apr 2024	$710,304 (0%)
Mar 2024	$710,304 (0%)
Feb 2024	$710,304 (0%)
Jan 2024	$710,304 (+4.2%)
Dec 2023	$681,595 (-8.8%)

In May 2024, the asking price for 3 bed condos for sale in/near Panama City Beach, United States averaged $738,287, an increase of 3.9% from the previous month.

Median price trends for properties for sale in Panama City Beach, United States as of May 2024.

Household Income

Median household income: $58,619

Number of households: 5,332

The average household income in Panama City Beach, FL grew from $53,251 to $58,619 in the past year. This data is an estimate based upon 5,332 households in Panama City Beach, FL.
The chart below presents how household income is distributed in Panama City Beach, FL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Panama City Beach, FL compared to median property taxes around the country. The prevalent amount of property taxes in Panama City Beach, FL equals $800-$1,500 , which is less than the national average.