Property
Beds
3
Full Baths
2
1/2 Baths
None
Year Built
2008
Sq.Footage
1,262
Welcome to Laketown Wharf, one of Panama City Beach's most sought-after resort communities! This beautifully maintained, fully furnished 3-bedroom, 2-bath condominium offers 1,262 square feet of coastal living and is completely turnkey, making it ready for immediate enjoyment or continued rental income from day one. Designed with both comfort and functionality in mind, the unit features a highly desirable bunk room in addition to two spacious bedrooms, allowing it to comfortably accommodate families and larger groups. Located on the penthouse level, this condo offers beautiful views of the Gulf of Mexico and Panama City Beach's stunning coastline. Start your mornings with coffee on the balcony while taking in the emerald waters of the Gulf, and end your evenings watching breathtaking sunsets paint the sky in shades of orange, pink, and gold. The elevated vantage point provides a picturesque backdrop that guests and owners alike will appreciate year-round. For investors, the numbers speak for themselves, with over $50,000 annually in actual gross rental income and a proven history of strong guest demand. The spacious floor plan, desirable bunk room, Gulf views, and resort amenities combine to create a property that appeals to vacationers throughout the year. Recent Upgrades & Improvements: This condo has been thoughtfully maintained and updated, offering added value and peace of mind for its next owner. Recent improvements include a new hot water heater (2022), new HVAC system (2023), new dishwasher (2023), new refrigerator (2024), and new microwave (2024). These major updates help minimize future maintenance expenses while enhancing the property's appeal for both personal use and vacation rental guests. Laketown Wharf is known for its impressive lineup of resort-style amenities, including five swimming pools, a private freshwater lake with a scenic boardwalk, fitness center, putting green, splash pad, covered parking garage, and the community's signature nightly fountain, music, and light show. These amenities help make Laketown Wharf one of the most popular destinations in Panama City Beach for owners and vacationers alike. Conveniently located in the heart of Panama City Beach, you'll be just minutes from some of the area's best shopping, dining, entertainment, golf, and family attractions. From Pier Park and local restaurants to popular attractions and outdoor activities, everything you need for the perfect beach getaway is within easy reach. Whether you're looking for a proven investment property, a vacation retreat, or a combination of both, this fully furnished, penthouse-level condo offers an exceptional opportunity to own in one of Panama City Beach's premier resort communities while enjoying Gulf views, spectacular sunsets, outstanding amenities, and strong rental performance.
Features & Amenities
Interior
-
Other Interior Features
Breakfast Bar, Kitchen Island, Track Lighting
-
Total Bedrooms
3
-
Bathrooms
2
-
Cooling YN
YES
-
Cooling
Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Concrete, Stucco
-
Other Exterior Features
Outdoor Grill, Balcony, Dock, Outdoor Shower
-
Patio and Porch Features
Deck, Patio, Covered
-
Pool
Yes
-
Pool Features
Heated, In Ground, Community
-
Waterfront YN
YES
-
View
Lake, Water
Area & Lot
-
Lot Features
Waterfront
-
Property Type
Residential
-
Property Sub Type
Condominium
-
Architectural Style
N/A
Price
-
Sales Price
$419,000
-
Tax Amount
$4,385.75
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
Yes
-
Association Fee
$3,195.61
-
Association Fee Frequency
Quarterly
-
Association Fee Includes
N/A
School District
-
Elementary School
Breakfast Point
-
Middle School
Breakfast Point
-
High School
Arnold
Property Features
-
Stories
22
-
New Construction
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Bay
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold
Listing Courtesy of Bryson G Lee , 1 Percent Lists Florida Coast
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REALTOR®
Randy Baxter
Call Randy today to schedule a private showing.
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