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9902 S Thomas Dr Unit 237, Panama City Beach, FL, 32408

1beds
2baths
1,047sqft
$283,900
$271price/sqft
$2,317/moest. monthly cost
$92,680/yrincome needed

About This Home

Welcome to your next home or investment retreat. Laketown wharf is known for its spacious units, great amenities and convenience to everything you need for a great vacation getaway. ***This unit is on the same floor as your parking garage access, which will save you and your guests time from those elevator wait times! Faster to the sand ! Inside you will see nice updates, premium furniture, all major appliances including fridge and stacked washer & dryer, fresh decorations , clean paint throughout. This move in ready units is completely rental ready and is being sold completely furnished! COA dues are paid quarterly and are among the most affordable on the beach. COA Dues include INSURANCE, Cable, Internet/WIFI, Water, Garbage, Mail Service, and all-access to property amenities, including 5 pools, pickleball court, boardwalk with restaurants and shopping, gated and security. Coded Gated Beach access, 2 parking garages. Truly a must see unit.

Getting Around

47
WalkingCar-Dependent
0
TransitVery Limited Transit
45
BikeSomewhat Bikeable

Schools

6/10
Breakfast Point AcademyGrades PK-81.0 mi
4/10
J.R. Arnold High SchoolGrades 9-122.1 mi

Construction

Condition

  • New construction: Yes
  • Year built: 2007

Type & Style

  • Home type: Condo
  • Architectural style: High Rise
  • Property subType: Condominium

Interior

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 2

Great Room

  • Level: First
  • Dimensions: 18 x 17

Interior Area

  • Total structure area: 1,047
  • Total interior livable area: 1,047 sqft

Kitchen

  • Level: First
  • Dimensions: 14 x 9

Master Bedroom

  • Level: First
  • Dimensions: 13 x 11

Other

  • Level: First
  • Dimensions: 8 x 9

Other

  • Features: Balcony
  • Level: First
  • Dimensions: 19 x 8

Property

Details

  • Parcel number: 40001000062
  • Attached to another structure: Yes

Features

  • Pool features: Community
  • Patio & porch: Balcony

Lot

  • Lot size dimensions: 0 x 0

Parking

  • Total spaces: 2
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Coastal Flooding
Lightning
Tornado
Tsunami

FEMA Declared Disasters in Bay County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,435$17,220
Home Insurance *$390$4,680
Property Taxes $295$3,540
Electricity $197$2,366
Total$2,317$27,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,440/yr
40% on housing$69,510/yr
45% on housing$61,786/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.3%
13.3%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 6.0%
6.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$271This listing

vs Other Active Listings

Avg $/sqft

ZIP 32408$234
Bay County$242

vs Homes Sold Last Month

Median $/sqft

ZIP 32408$299
Bay County$205

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-15Price change$283,900
2026-02-09Price change$287,500
2026-01-23Price change$305,000
2026-01-11Price change$309,000
2025-09-23Listed for sale$325,000
2025-07-09Listing removed$325,000
2025-06-30Price change$325,000
2025-05-31Listed for sale$336,900
2019-06-07Sold$155,000
2019-05-08Pending sale$155,000
2019-01-06Price change$155,000
2018-07-10Listed for sale$153,162
2018-06-19Pending sale$153,162
2018-06-19Listed for sale$153,162

New Construction

AgentMark A Chambliss
BrokerageCoastal Palms Real Estate

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