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1 Bed
1 Bath
618 sqft

$300,000

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

Price per sqft$485.44
Built in1984
Property size618 sqft
Property typeCondominium

Overview

Active

Listed Mar 13, 2026

Updated 2 days ago

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.

$1,996/mo

Est. mortgage payment based on a $300,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
786766

Interior Features

Bedrooms
1
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$3,194
Tax Frequency
Annually
Association Fee Frequency
Quarterly
View
Yes
Pool
Yes
Waterfront
Yes

 

Courtesy of Keller Williams Success Realty, Sassy French,
Listing Contact: 865-617-6184 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Warrell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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