About This Home

This 1-bedroom, 2-bathroom condo at 9902 S Thomas Drive #1635 in Panama City, FL is listed for $349,000 ($333 per sqft). Built in 2007, the home offers 1,047 sqft of living space on a N/A lot.

Key Features

  • Built in 2007
  • Waterfront

Property Details

2 full
1-car garage
#1635
2007

Amenities

WaterfrontViewA/C
Listing Description

Calling all investors! This is more than just a condo -- it's an established income-producing business opportunity with a proven rental history already in place. This successful vacation rental has been professionally managed through the seller's rental company and includes a solid 3-year rental history, making it an excellent opportunity for investors seeking a turnkey property that is already generating revenue comparable to Gulf view units.

Whether you're looking to expand your portfolio, invest in a beach property, or purchase an established short-term rental business, this condo offers the opportunity to step into a property that is already working for you from day one. This 1 bedroom, 2 bathroom + bunk room condo has been meticulously maintained and updated with LVP flooring, stainless steel appliances, tile backsplash.

It is being offered fully furnished and is turnkey rental ready. The location on the 16th floor close to the elevators offers easy access and amazing views of the lake and fountain as well as a peek of the Gulf from your private balcony. Resort-style amenities include direct gated beach access for endless sun & surf, 5 pools including a lagoon pool

& rooftop pool, Kids Funscape Playground & splash zone, Gulf-view fitness center to work out, Splash Bar & Grill - dine without leaving the resort, covered garage parking for convenience & security, 52,000 sq. ft. lakefront boardwalk with market shops and new to the property is 810 Billiards & Bowling complete with an arcade and milkshake bar - a place for social fun for all ages.

In today's market, opportunities like this are about more than location -- they're about return on investment, consistent income potential, and owning a property with an established track record. Please note: all arcade 1up machines not included in sale . Contact me for rental history, income details, and more information on this exceptional investment opportunity.

Monthly Cost Estimate

$4,358/mo

20% down · 6.5% · 30 years

Principal$252
Interest$1,512
Insurance$102
HOA$2,491

Estimates only. Actual payments may vary.

Location

9902 S Thomas Drive #1635

Panama City, FL 32408

Laketown Wharf Phase II

Features & Amenities

Interior Features

MainLevelPrimaryTubShower

Property Details

Views

Lake

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

WasherDryerStackedElectricOvenElectricRangeElectricWaterHeater

Questions & Answers

This 1-bedroom, 2-bathroom condo at 9902 S Thomas Drive is listed at $349,000 ($333/sqft). The estimated monthly payment is $4,358 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $2491/month.

Key features include: Built in 2007, Waterfront. Interior Features: MainLevelPrimary, TubShower.

This property is listed by Terry L Nutter and can be reached at 8509196887.

TN

Terry L Nutter

License SL3454200

Agent at Realty ONE Group Emerald Coast

(850) 919-6887
Agent website

Listed by Realty ONE Group Emerald Coast · Broker phone: (850) 830-5955 · View on Broker Site · Broker website

MLS# 791661· Source: Central Panhandle Association of REALTORS· 103 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

9902 S Thomas Drive #1635, Panama City, FL 32408

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