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
Amenities
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
Estimates only. Actual payments may vary.
Location
9902 S Thomas Drive #1635
Panama City, FL 32408
Laketown Wharf Phase II
Features & Amenities
Interior Features
Property Details
Views
Heating
Cooling
Appliances
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.






