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9850 S Thomas Drive , 401W

Panama City, FL 32408
  • $300,000
  • STATUS: Active
  • ON SITE: 213 Days
  • MLS #: 786766
$300,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 618
    SQFT
  • $485
    $/SQFT
Neighborhood:
Type:
Condo
Built:
1984
County:
Bay

School Information

Elementary School:
Middle School:
High School:

Description

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.

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© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-10-13T00:03:55.8.
www.wavesandwoodsfl.com/homes/174066681
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9850 S Thomas Drive , 401W Panama City, FL 32408

  • Price: $300,000
  • Status: Active
  • On Site: 213 Days
  • MLS #: 786766
1
Beds
1
Baths
0
½ Baths
N/A
Acres
618
SQFT
$485
$/SQFT
1984
Built
Neighborhood:
Sunbird Condo
County:
Bay
Area:
Bay County-Beach
Elementary School:
Breakfast Point
Middle School:
Breakfast Point
High School:
Arnold
Property Description
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.
Exterior Features

Architectural Style High Rise Attached Garage YN No Construction Materials Stucco Foundation Details Pillar / Post / Pier Garage YN No Lot Features Sprinkler System Paved Other Structures Other Tennis Court(s) Patio And Porch Features Balcony Pool Features Fenced In Ground Community Road Frontage Type City Street Stories 12 View Gulf View YN Yes

Interior Features

Appliances Electric Cooktop Electric Oven Electric Water Heater Cooling Central Air Ceiling Fan(s) Cooling YN Yes Door Features Storm Door(s) Entry Level 4 Flooring Plank Vinyl Heating Central Electric Heating YN Yes Interior Features Main Level Primary Shower Only Parking Features Electric Gate Gated Paved Parking Lot Rooms Kitchen (First Level) Living Room (First Level) Primary Bedroom (First Level) Units Furnished All Units Window Features Storm Window(s)

Property Features

Association Amenities Beach Rights Gated Barbecue Picnic Area Association Fee 2122.01 Association Fee Frequency Quarterly Association Fee Includes Association Management Cable TV Fitness Facility Internet Laundry Legal / Accounting Maintenance Grounds Other Pest Control Pool(s) See Remarks Security Tennis Courts Water Association YN Yes Community Features Barbecue Beach Elevator Fitness Center Laundry Facilities Park Pool Storage Facilities Tennis Court(s) Community Pool Gated Short Term Rental Allowed Land Lease YN No Listing Service Full Service Lot Size Dimensions 0x0 New Construction YN No Occupant Type Tenant Property Sub Type Condominium Property Sub Type Additional Condominium Security Features Building Security Fire Sprinkler System Gated with Guard Gated Community24 Hour Security Security Guard Fire Alarm Security Gate Smoke Detector(s) Security Service Sewer Public Sewer Special Listing Conditions Listed As- Is Tax Annual Amount 3194 Tax Year 2025 Utilities Cable Connected Electricity Available Waterfront Features Gulf Shoreline - Sand Waterfront YN Yes Zoning Description City Resid Multi- Family

Central Panhandle Association of REALTORS (Panama City MLS) logo Listing provided courtesy of Keller Williams Success Realty: 850-249-0313. Listing information © 2026 Central Panhandle Association of Realtors MLS.


© 2026 Central Panhandle Association of Realtors MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Waves and Woods Realty. Data last updated: 2026-10-13T00:03:55.8.
 
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