9860 S Thomas Drive UNIT 1211, Panama City Beach, FL 32408 (MLS# 942602)

Sold Price/SqFt: 301.11

Status: Sold

Under Contract Date: 2024-04-12

Sold Date: 2024-05-15

Sold Price: $380,000

Listing Board: Emerald Coast

List Price/SqFt: 305.07

List Date: 2024-02-17

Current Price: $380,000

List Price: $385,000

Unit #: UNIT 1211

Sub Area: 2723 - Beach - South of Grand Lagoon

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Legal Description: LAKETOWN WHARF UNIT 1211 TYPE B BLDG 2 ORB 2994 P 1890 3BR 2BA ORB 4229 P 120 1262 TOTAL SF

Sub-Type: Condominium

Design: N/A

SqFt Source: County PA Records

Stories In Unit: 1

# of Units in Bldg: 765

Stories in Building: 21

Unit Floors Above Ground: 12

Immediate Occupancy: Yes

Garage: Yes

Carport: No

Covered Spaces: 2

Pool: Yes

Pool Type: Community

Apx SqFt(Htd/Cooled): 1262

Bedrooms: 2

Full Baths: 2

Total Bathrooms: 2

Year Built: 2008

Is Subject Leased: No

Assessment Fees: Yes

Assessment Amount: 2783

Annual Assessment Amount: 11132

Assessment Paid: Quarterly

New Buyer Fee: No

Last Taxes: 4223

Last Tax Year: 2023

Brokerage Interest: No Interest

As Is: Yes

Remarks: 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Breathtaking view of the Gulf from Laketown Wharf 1211! 2BR/2BA + Bunkroom. Gross receipts for 2023 were $38K. Owner use and lightly rented in 2022. 2021 gross was $50k. Turn key and rental ready with a new refrigerator in 2021, upgraded vinyl plank flooring, washer/dryer stack (2021), new lighting, new HVAC 10/23, water heater 11/22, microwave 2021, and new paint throughout. Convenient beach access. This resort includes five pools, a Gulf-view fitness center, storage spaces to rent, plenty of covered parking, pool-side tiki bar and grill, many restaurants on the ground level. There is a 52K square foot boardwalk overlooking the lake. Perfect for investment, second home or primary residence. Owners dogs are allowed.

Construction Complete: 1

Covered: 1

Detached: 1

Garage Detached: 1

Guest: 1

Gulf: 1

BBQ Pit/Grill: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Pavillion/Gazebo: 1

Pickle Ball: 1

Pool: 1

Short Term Rental - Allowed: 1

TV Cable: 1

Electric: 1

Public Sewer: 1

Public Water: 1

TV Cable: 1

Balcony: 1

Floor Laminate: 1

Floor Tile: 1

Floor WW Carpet: 1

Furnished - All: 1

Kitchen Island: 1

Owner's Closet: 1

Split Bedroom: 1

Washer/Dryer Hookup: 1

Window Treatment All: 1

Conventional: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Fire Alarm/Sprinkler: 1

Microwave: 1

Refrigerator: 1

Refrigerator W/IceMk: 1

Smooth Stovetop Rnge: 1

Washer: 1

AC - Central Elect: 1

Double Pane Windows: 1

Heat Cntrl Electric: 1

Water Heater - Elect: 1

MBath Double Vanity: 1

MBath Garden Tub: 1

MBath Separate Shwr: 1

MBath Tile: 1

MBed Balcony: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

First: 1

First: 1

First: 1

First: 1

Balcony: 1

Bedroom: 1

Bunk Room: 1

Kitchen: 1

Living Room: 1

Master Bedroom: 1

Accounting: 1

Gas: 1

Ground Keeping: 1

Insurance: 1

Internet Service: 1

Legal: 1

Licenses/Permits: 1

Management: 1

Recreational Faclty: 1

Repairs/Maintenance: 1

Security: 1

Sewer: 1

Trash: 1

TV Cable: 1

Water: 1

Area: 27 - Bay County

Street #: 9860

Street Direction: S

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Project Name/Subdivision: Laketown Wharf Phase II

Parcel ID: 40001-000-412