9860 S Thomas Dr #L17, Panama City Beach, FL, 32408
About This Home
Welcome to Laketown Wharf's newest luxury residence -- a rare new construction condo in the heart of Panama City Beach! This stunning 5-bedroom, 4-bathroom condo offers over 2,700 square feet of refined living space, perfectly blending coastal style with modern sophistication. This residence is fully furnished and thoughtfully designed, making it completely turnkey and ready for immediate enjoyment--whether as a high-performing short-term rental or your own private second home by the beach. Built in 2025, this residence offers peace of mind for years to come, featuring steel framing, all-new mechanical systems, and high-end finishes throughout. Step inside to discover engineered white oak flooring, custom white oak cabinetry, and quartz countertops that elevate every space. The open-concept design creates a light-filled, airy atmosphere--perfect for entertaining or unwinding after a day at the beach. Enjoy expansive 20-foot windows with breathtaking Gulf views, bringing the beauty of the coast right into your living space. Residents and guests enjoy Laketown Wharf's exceptional resort-style amenities, including: • Five sparkling swimming pools • A state-of-the-art fitness center • On-site dining and shopping • Direct beach access • Covered parking and 24-hour security Whether you're seeking a luxury beach retreat, a proven income-producing property, or a spacious full-time residence, this home offers a rare combination of style, flexibility, and investment potential in one of Panama City Beach's most desirable communities. Don't miss the opportunity to own a brand-new, fully turnkey residence at Laketown Wharf -- where modern luxury meets effortless coastal living.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2007
Materials
- Construction materials: Steel Frame
Type & Style
- Home type: Condo
- Architectural style: High Rise
- Property subType: Condominium
Interior
Appliances
- Appliances included: Electric Range,Electric Water Heater,Wine Cooler
Bedroom
- Level: First
- Dimensions: 11 x 12
Bedroom
- Level: First
- Dimensions: 13 x 7
Bedroom
- Level: Second
- Dimensions: 27 x 13
Bedroom
- Level: Second
- Dimensions: 12 x 11.5
Bedroom
- Level: Second
- Dimensions: 15 x 10.5
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Features
- Interior Steps
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s)
Interior Area
- Total structure area: 2,700
- Total interior livable area: 2,700 sqft
Living Room
- Level: First
- Dimensions: 28 x 21
Property
Details
- Parcel number: 40001000796
- Attached to another structure: Yes
- Zoning description: Resort
- Special condition: Listed As-Is
Features
- Pool features: Community
- Spa features: Community
- Has view: Yes
- View description: Gulf,Lake
- Has water view: Yes
- Water view: Gulf,Lake
Parking
- Total spaces: 2
- Parking features: Gated
- 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
- Coastal Flooding
- Lightning
- Tornado
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters in Bay County and Florida
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,216 | $98,592 |
| Home Insurance * | $2,236 | $26,832 |
| Property Taxes | $2,628 | $31,536 |
| Electricity | $271 | $3,260 |
| Total | $13,351 | $160,212 |
Income You'd Need if You Spent...
Florida FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Price change | $1,625,000 |
| 2026-04-16 | Listed for sale | $1,690,000 |
| 2026-03-21 | Listing removed | $1,690,000 |
| 2025-11-12 | Listed for sale | $1,690,000 |
| 2023-12-29 | Sold | $515,000 |
| 2022-03-02 | Sold | $300,000 |
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