The Excellence of living in Wrapche

HighRise

9860 S Thomas Drive 1007

Panama City, FL 32408

MLS#: 789890

$380,000

Status: Closed
Listing number: 789890
Listing provided by: Salty Marlin Realty LLC
Listing agent phone: None
Last update: a month ago
On site: 2 months ago
Browse Properties
Laketown Wharf Phase II - Residential

Property

Beds

3

Full Baths

2

1/2 Baths

None

Year Built

2008

Sq.Footage

1,262

GULF VIEWS, STRONG RENTAL POTENTIAL & FLEXIBLE SELLER FINANCING! This 10th-floor condo delivers the Panama City Beach lifestyle buyers and investors are looking for, with direct access to sugar-white sand beaches, emerald Gulf waters, and endless entertainment just steps away. Whether you're searching for a personal getaway or a high-performing vacation rental, this unit offers an ideal opportunity. Inside, the open-concept living space is filled with natural light and flows to a private balcony overlooking the Gulf, perfect for morning coffee or relaxing after a day on the beach. The layout is designed to maximize occupancy with a spacious bedroom and additional bunk space, making it highly appealing for short-term rentals. Located in a resort-style community, owners and guests enjoy multiple pools, beach access, a fitness center, and on-site dining, all contributing to strong rental demand. Positioned along one of the most desirable stretches of Panama City Beach, you are just minutes from popular attractions, waterfront dining, shopping, fishing charters, and family-friendly entertainment. This is a turnkey opportunity for investors seeking income potential in a high-demand beach market or buyers wanting a vacation home that can help offset costs through rentals. Seller financing available at 5% interest with a 3 to 4 year balloon, amortized over 30 years, with 20% down, adding flexibility to an already strong investment opportunity.

Features & Amenities

Interior

  • Other Interior Features

    Double Vanity, Soaking Tub

  • Total Bedrooms

    3

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Gated

  • Pool

    Yes

  • Pool Features

    Fenced, In Ground, Community

  • Waterfront YN

    NO

  • View

    Water, Lake

Area & Lot

  • Lot Features

    Paved

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    HighRise

Price

  • Sales Price

    $380,000

  • Tax Amount

    $4,386

  • Financing Options

    Seller Financing

  • Zoning

    Resid Multi-Family

  • Sq. Footage

    1,262

  • Price/SqFt

    $301

HOA

  • Association

    YES

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Breakfast Point

  • Middle School

    Breakfast Point

  • High School

    Arnold

Property Features

  • New Construction

    NO

  • Association Amenities

    Picnic Area, Spa/Hot Tub

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Breakfast Point

Middle School

Breakfast Point

High School

Arnold

Listing Courtesy of The Wheeler Sauls Collective , Salty Marlin Realty LLC

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Agent Franko Maric

AGENT

Franko Maric

Call Franko today to schedule a private showing.

(341) 209-1143

franko+wrapche@init.hr


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GULF VIEWS, STRONG RENTAL POTENTIAL & FLEXIBLE SELLER FINANCING! This 10th-floor condo delivers the Panama City Beach lifestyle buyers and investors are looking for, with direct access to sugar-white sand beaches, emerald Gulf waters, and endless entertainment just steps away. Whether you're searching for a personal getaway or a high-performing vacation rental, this unit offers an ideal opportunity. Inside, the open-concept living space is filled with natural light and flows to a private balcony overlooking the Gulf, perfect for morning coffee or relaxing after a day on the beach. The layout is designed to maximize occupancy with a spacious bedroom and additional bunk space, making it highly appealing for short-term rentals. Located in a resort-style community, owners and guests enjoy multiple pools, beach access, a fitness center, and on-site dining, all contributing to strong rental demand. Positioned along one of the most desirable stretches of Panama City Beach, you are just minutes from popular attractions, waterfront dining, shopping, fishing charters, and family-friendly entertainment. This is a turnkey opportunity for investors seeking income potential in a high-demand beach market or buyers wanting a vacation home that can help offset costs through rentals. Seller financing available at 5% interest with a 3 to 4 year balloon, amortized over 30 years, with 20% down, adding flexibility to an already strong investment opportunity.

9860 S Thomas Drive 1007

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