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Coastal Vibes Luxury Realty
9860 S Thomas Drive Unit 1007, Panama City, FL 32408
- $370,000
- 3
- BD
- 2
- BA
- Sold Price
- $370,000
- List Price
- $380,000
- Closing Date
- Jun 24, 2026
- MLS#
- 789890
- Status
- CLOSED
- Type
- Condo
- Subtype
- Condominium
- Bedrooms
- 3
- Bathrooms
- 2
- Neighborhood
- Beach - South of Grand Lagoon
Property Description
GULF VIEWS, STRONG RENTAL POTENTIAL & FLEXIBLE SELLER FINANCING! This 10th-floor condo delivers the Panama City Beach lifestyle buyers and investors are looking for, with direct access to sugar-white sand beaches, emerald Gulf waters, and endless entertainment just steps away. Whether you're searching for a personal getaway or a high-performing vacation rental, this unit offers an ideal opportunity. Inside, the open-concept living space is filled with natural light and flows to a private balcony overlooking the Gulf, perfect for morning coffee or relaxing after a day on the beach. The layout is designed to maximize occupancy with a spacious bedroom and additional bunk space, making it highly appealing for short-term rentals. Located in a resort-style community, owners and guests enjoy multiple pools, beach access, a fitness center, and on-site dining, all contributing to strong rental demand. Positioned along one of the most desirable stretches of Panama City Beach, you are just minutes from popular attractions, waterfront dining, shopping, fishing charters, and family-friendly entertainment. This is a turnkey opportunity for investors seeking income potential in a high-demand beach market or buyers wanting a vacation home that can help offset costs through rentals. Seller financing available at 5% interest with a 3 to 4 year balloon, amortized over 30 years, with 20% down, adding flexibility to an already strong investment opportunity.
Additional Information
- Appliances
- Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Ice Maker
- Elementary School
- Breakfast Point
- High School
- Arnold
- Interior Features
- Double Vanity, Soaking Tub, Separate Shower
- Lot Features
- Paved
- Middle School
- Breakfast Point
- Neighborhood
- Beach - South of Grand Lagoon
- Project Facilities
- Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Community Pool, Gated, Short Term Rental Allowed
- Subdivision
- Laketown Wharf Phase II
- Utilities
- Electricity Available
- Waterview
- Gulf, Lake
- Year Built
- 2008
- Zoning
- Resid Multi-Family
Mortgage Calculator
Listing courtesy of Salty Marlin Realty LLC. Selling Office: EXP Realty LLC.