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9860 Thomas Drive 308
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PRICED AT ONLY: $340,000

Address: 9860 Thomas Drive 308, Panama City Beach, FL 32408

Description

Welcome to an exceptional investment opportunity at Laketown Wharf in Panama City Beach! This captivating 2 bedroom, 2 bathroom condo, complete with an additional bunk room, offers a proven track record, generating over $47,000 in annual rental revenue. It's the perfect investment for both seasoned and new investors alike.This condo consistently delivers impressive income, making it a reliable asset for your investment portfolio. With Evolve Management handling all rental services, operations are hassle free, ensuring you can enjoy your investment without the stress of day to day management.Tastefully decorated and meticulously maintained, this condo is ready for guests to enjoy. Its prime location directly across the street from the Gulf offers easy beach access and unobstructed lake views from the third floor. Guests can also take advantage of exceptional amenities, including five pools, a lakefront boardwalk, nightly fountain and light shows, a fitness center, putting green, and onsite dining options.Accommodating up to 10 guests, this condo offers two king sized bedrooms, a bunk nook, and two sleeper sofas, making it ideal for vacationers. Recent upgrades include a new HVAC (2022), WIFI controlled front door, Nest thermostat, front door camera, hot water heater, and more.The condo even comes with its own custom website for top tier visibility and an established clientele, ensuring maximum rental potential. Whether you're seeking a vacation retreat or a lucrative investment property, this condo offers the best of both worlds.All information is deemed accurate but should be verified by the buyer and/or buyer's agent if important. Seize this opportunity to own a money making machine in Panama City Beach!

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More Like This
  • MLS#: 762913 ( Residential )
  • Street Address: 9860 Thomas Drive 308
  • Viewed: 19
  • Price: $340,000
  • Price sqft: $0
  • Waterfront: Yes
  • Wateraccess: Yes
  • Waterfront Type: Lake,LakeFront
  • Year Built: 2008
  • Bldg sqft: 0
  • Bedrooms: 2
  • Total Baths: 2
  • Full Baths: 2
  • Days On Market: 95

Description

Welcome to an exceptional investment opportunity at Laketown Wharf in Panama City Beach! This captivating 2 bedroom, 2 bathroom condo, complete with an additional bunk room, offers a proven track record, generating over $47,000 in annual rental revenue. It's the perfect investment for both seasoned and new investors alike.This condo consistently delivers impressive income, making it a reliable asset for your investment portfolio. With Evolve Management handling all rental services, operations are hassle free, ensuring you can enjoy your investment without the stress of day to day management.Tastefully decorated and meticulously maintained, this condo is ready for guests to enjoy. Its prime location directly across the street from the Gulf offers easy beach access and unobstructed lake views from the third floor. Guests can also take advantage of exceptional amenities, including five pools, a lakefront boardwalk, nightly fountain and light shows, a fitness center, putting green, and onsite dining options.Accommodating up to 10 guests, this condo offers two king sized bedrooms, a bunk nook, and two sleeper sofas, making it ideal for vacationers. Recent upgrades include a new HVAC (2022), WIFI controlled front door, Nest thermostat, front door camera, hot water heater, and more.The condo even comes with its own custom website for top tier visibility and an established clientele, ensuring maximum rental potential. Whether you're seeking a vacation retreat or a lucrative investment property, this condo offers the best of both worlds.All information is deemed accurate but should be verified by the buyer and/or buyer's agent if important. Seize this opportunity to own a money making machine in Panama City Beach!
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Features
Building and Construction
  • Covered Spaces: 0.00
  • Exterior Features: Balcony
  • Living Area: 1262.00
School Information
  • High School: Arnold
  • Middle School: Breakfast Point
  • School Elementary: Breakfast Point
Garage and Parking
  • Garage Spaces: 0.00
  • Open Parking Spaces: 0.00
Eco-Communities
  • Pool Features: Community
Utilities
  • Carport Spaces: 0.00
  • Cooling: CentralAir, CeilingFans, Electric
  • Heating: Central, Electric
  • Utilities: CableConnected, ElectricityConnected, WaterConnected
Amenities
  • Association Amenities: BeachRights
Finance and Tax Information
  • Home Owners Association Fee Includes: CableTv, Insurance, LegalAccounting, MaintenanceGrounds, Pools, Security, Trash, Water
  • Home Owners Association Fee: 2327.97
  • Insurance Expense: 0.00
  • Net Operating Income: 0.00
  • Other Expense: 0.00
  • Pet Deposit: 0.00
  • Security Deposit: 0.00
  • Tax Year: 2023
  • Trash Expense: 0.00
Other Features
  • Appliances: Dryer, Dishwasher, ElectricOven, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator, Washer
  • Furnished: Furnished
  • Interior Features: BreakfastBar, KitchenIsland
  • Legal Description: LAKETOWN WHARF UNIT 308 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4533 P 1878 1262 TOTAL SF
  • Area Major: 03 - Bay County - Beach
  • Occupant Type: Occupied
  • Parcel Number: 40001-000-070
  • Style: HighRise
  • The Range: 0.00
  • Unit Number: 308
  • View: Lake
  • Views: 19
Nearby Subdivisions
[no Recorded Subdiv]   Bay Point Golf Villas I   Bay Point Golf Villas Ii   Bay Point Golf Villas Iii   Bay Point Grand Residences   Bay Point Harbour Villas   Bay Point Studio Villas Unit 2   Boardwalk Central   Bonita Point   Coral Reef Condo   Dockside North   Dunes Of Panama Phase Ii   Dunes Of Panama Phase Iii   Dunes Of Panama Phase Iv   Dunes Of Panama Phase V   Edgewater Tower Ii   Emerald Park Condominium   En Soleil Condo   Grand Lagoon Cove Condominium   Greenwood Estates 6   Greenwood Estates 7   Gulf Crest Condo   Gulfgate Condo   Hidden Dunes Condo   Hidden Lagoon   Holiday Point   Laketown Wharf   Laketown Wharf Phase Ii   Largo Mar Condo   Magnolia Bay Club   Marina Club Village   Mariner East Condo   Mariner West Condo   Moondrifter   Moonspinner Apartments   Nautical Watch I   Nautical Watch Ii   No Named Subdivision   Oceanna Condo   Palisades Condo Ph 1   Pinnacle Port   Plazas Of St.thomas I   Point Lagoon Condos   Point Lagoon Phase 1   Princess Condo   Reflections   Reflections Spa And Resort Res   Regency Towers   Sand Castles Villa   Seychelles Resort Condominium   Shade Tree Condo.   Shores Of Panama   Shores Of Panama Phase I   Shores Of Panama Phase Ii   Sterling Beach Condo   Sugar Beach Condo   Summerhouse Condo.   Summerhouse Of P.c. 1   Summerhouse Of P.c. 2   Summerwinds Condo   Summit   Sunbird Condo   Sunswept 4   The Commodore   The Summit   Top Of The Gulf Condo.   Treasure Cove Condo.   Treasure Island   Treasure Island Resort   Villas At Suncrest   Villas Of St. Thomas 2   Villas Of St. Thomas 3   Villas Of St. Thomas 4   Watercrest Condo   Waterhaven   Whispering Seas  
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