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Property profile & analytics
FOR SALE
Resorts

9860 S Thomas Dr #309 Panama City, FL 32408

Built 2008
Property ID
US18-Q000988
Property summary
AI-generated overview

Gross Vacation Rental Projection $43,700-$59,950! Welcome to Laketown Wharf 309! Totally updated, tastefully decorated and fully furnished 2Bd/ 2Ba 1,262 SqFt condo with an additional bunk room. Perfectly situated on the 3rd floor—no need to wait for the elevator! Recently transformed with over $100,000 renovation, modern interior features an open-concept layout with new flooring, fresh paint, upgraded lighting package, and a gourmet kitchen equipped with stainless steel appliances, quartz countertops, and shaker-style soft-close cabinetry's, a spacious living area with brand new furniture and decor. Stay comfortable year-round with a brand-new 3-ton HVAC custom made system, ensuring efficient heating and cooling throughout the condo (most similar floor plan units are using to 2-2.5 ton that takes longer to cool down) and dehumidifier. Liquid and water sensors located in all five areas, underneath every sink, HVAC closet and laundry room for additional protection. Step outside to the spacious private balcony where you can enjoy scenic views of the lake and daily fountain shows. This is the perfect time to invest in the complex, as Laketown Wharf has recently added the exciting ''810 Billiards and Bowling,'' a family-friendly venue that will significantly enhance the resort's appeal and increase rental potential. Resort amenities include 5 pools (one heated), 2 hot tubs, a private beach access, multiple on-site dining, a gulf view fitness center, ice cream shop, hair salon, playground, multiple elevators, two covered parking garages, boardwalk overlooking lake, doggie area and more. This condo is ideal as a primary residence, vacation home or investment property. Call now for your private and exclusive showing!

Property profile
Verified
Property type Resorts
Year built 2008
UPID US18-Q000988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Candymaker Ice Cream Shop Grocery & Convenience Store Specialty Food Shop
  • Jeffrey Gillam REALTOR - Coastal Living Realty & Associates Real Estate Agency
  • Tropical Theme Beachside Oceanview Luxury Condo Condominium Complex
  • Southeast Architects and Engineers, Inc. Engineering Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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