9850 S Thomas Drive Unit 401W, Panama City, FL 32408

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List Price
$300,000
Price Change
▼ $9,300 1789797109
MLS#
786766
Status
ACTIVE
Type
Condo
Subtype
Condominium
Bedrooms
1
Bathrooms
1
Neighborhood
Beach - South of Grand Lagoon

Property Description

Own a beautifully updated beachfront condo with exceptional income potential in the sought-after West Tower. This turnkey 1-bedroom, 1-bath unit is a rare opportunity for buyers seeking a vacation retreat, rental investment, or full-time coastal residence. As of 09/28/2026, the property has already produced $32,000 in actual gross rental income, with three more months of rentals still to come. A brand-new AC unit was installed in September 2026 through HOA reserves at no cost to the owner, adding immediate value and reducing near-term expense. Positioned on a desirable low floor, this unit has been renovated from top to bottom with updated kitchen and bathroom cabinets, stylish countertops, upgraded flooring, and newer furnishings throughout. Even better, this stack offers a special balcony view where you can enjoy the sunrise with your morning coffee. Residents and guests enjoy a full resort-style experience with three pools, pickleball and tennis courts, and 24-hour gated security. The community is well maintained, the building has passed all required milestones, and the reserve study has been completed. Located within walking distance to restaurants, bars, and shopping, this beachfront condo delivers lifestyle, location, and income potential in one package.

Additional Information

Appliances
Electric Cooktop, Electric Oven, Electric Water Heater
Elementary School
Breakfast Point
High School
Arnold
Interior Features
Main Level Primary, Shower Only
Lot Features
Sprinkler System, Paved
Middle School
Breakfast Point
Neighborhood
Beach - South of Grand Lagoon
Project Facilities
Barbecue, Beach, Elevator, Fitness Center, Laundry Facilities, Park, Pool, Storage Facilities, Tennis Court(s), Community Pool, Gated, Short Term Rental Allowed
Stories
12
Subdivision
Sunbird Condo
Utilities
Cable Connected, Electricity Available
Waterfront
Yes
Waterview
Gulf
Year Built
1984
Zoning
City, Resid Multi-Family

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Success Realty.