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    9860 S Thomas Dr, Unit 309 Panama City, FL 32408

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    For Sale
    $375,000

    Tastefully decorated, fully furnished condo with lake views and resort amenities.

    Property size:
    1,262 SF

    Property Features for 9860 S Thomas Dr

    General Information

    Size
    1,262 SF

    Building Details

    Year built
    2008

    Source: Keller Williams Success Realty Agent Maxim Sedov

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Condo with Lake Views

    This updated condo offers 1,262 square feet of living space, featuring two bedrooms, two bathrooms, and an additional bunk room. Situated on the third floor, the condo provides convenient access without the need for elevators. A recent renovation exceeding $100,000 has transformed the interior with an open-concept layout, new flooring, fresh paint, and upgraded lighting. The gourmet kitchen is equipped with stainless steel appliances, quartz countertops, and shaker-style soft-close cabinetry. The living area features brand new furniture and decor. A new 3-ton HVAC system ensures efficient heating and cooling, complemented by a dehumidifier. Liquid and water sensors are located in multiple areas for added protection. The private balcony offers scenic views of the lake and daily fountain shows. The complex has recently added an "810 Billiards and Bowling" venue. Resort amenities include five pools (one heated), two hot tubs, private beach access, on-site dining, a gulf view fitness center, ice cream shop, hair salon, playground, multiple elevators, two covered parking garages, a boardwalk overlooking the lake, and a dog area. This condo is suitable as a primary residence, vacation home, or investment property.
    Location Intelligence

    Current Use by Public Records

    Candymaker Ice Cream ... Ice Cream Shop Jeffrey Gillam REALTOR ... Real Estate Agent Tropical Theme Beachside ... Condominium Complex Southeast Architects and Engineers, ... Engineering Consultant

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Panama City
    County
    Walton
    State
    Florida
    Longitude
    -85.8035024
    Latitude
    30.1760966

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    FAQs

    What type of property is this?
    Apartment building - Tastefully decorated, fully furnished condo with lake views and resort amenities.
    Where is this apartment building located?
    The property is located at 9860 S Thomas Dr, Unit 309 Panama City, FL.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: - Completely renovated with over $100,000 in upgrades, including a GOURMET KITCHEN with stainless steel appliances and quartz countertops.; - Spacious 2-bedroom, 2-bath condo with a bunk room, totaling 1,262 SqFt.; - New, custom-made 3-ton HVAC system with dehumidifier for efficient and effective climate control.
    Request Owner's contact information
    9860 S Thomas Dr, Unit 309 Panama City, FL 32408
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    Panama City, FL 32408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9860 S Thomas Dr, Unit 309 Panama City, FL 32408
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