'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Amazing Investment Opportunity! LOW FLOOR ALERT! NO ELEVATOR WAIT! Welcome to the first-floor 102 at the popular Laketown Wharf resort! This completely updated condo offers easy access to the beach and multiple pools. With a fantastic gross income of $31, 000 from 4/25/22 to 3/1/23 and over $12, 000 booked for the rest of the summer, this property is a lucrative investment! Step inside to discover a completely renovated getaway.... freshly painted white cabinets, modern gold hardware, new sinks with updated faucets, Quartz countertops, backsplash, shiplap, lighting, and vinyl plank flooring. A brand new HVAC system was installed in March 2023.This unit comfortably sleeps six with a king bed, sleep sofa, and twin bunks. Enjoy convenient beach access and proximity to a public golf course. The resort features five pools (one heated), two hot tubs, a Gulf-view fitness center, storage spaces for rent, ample covered parking, a pool-side tiki bar and grill, and several on-site restaurants. Plus, Walmart is just across the street!You'll also find a 52, 000 square foot boardwalk overlooking the lake with a mesmerizing lighted fountain show at night. Laketown Wharf is surrounded by entertainment, restaurants, and shopping, making it the perfect location for a second home, primary residence, or investment property. And yes, owners' pets are allowed!Don't miss this opportunity to own a beach investment home steps away from the most beautiful sugar-white sand beaches!
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
Appliances
- Dryer
- Dishwasher
- ElectricOven
- ElectricRange
- Disposal
- Microwave
- Refrigerator
- Washer
Other Rooms
- Bedroom: 13 x 11
- Bedroom Level: First
- Bedroom Desc: Ensuite bathroom
- Living Room Dimensions: 18 x 17
- Living Room Level: First
- Living Room Features: Living Room/Dining Room
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 14 x 9
- Kitchen Features: Rental Ready
- Kitchen Level: First
Exterior and Lot Features
- Balcony
- Other Structures: Gazebo
- Patio And Porch Features: Balcony
Pool and Spa
- Pool Features: GasHeat, InGround, Community
- Spa Features: Community
Waterfront and Water Access
Garage and Parking
- Garage Spaces: 2
- Parking Features: Garage
Land Info
Home Features
- View: Gulf, Lake, Pond
- Security Features: BuildingSecurity, FireSprinklerSystem, SecuredGarageParking, Item24HourSecurity, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, PicnicArea
- Association Fee: 2309
- Association Fee Frequency: Quarterly
- Association Fee Includes: CableTV, Insurance, Internet, PestControl, Pools, Sewer, Security, Trash, Water
- Calculated Total Monthly Association Fees: 770
School Information
- Elementary School: Breakfast Point
- High School: Arnold
- Middle School: Breakfast Point
Multi-Unit Info
- Number of Units In Community: 765
Amenities and Community Features
- Community Features: Barbecue, DogPark, Elevator, FitnessCenter, Park, Pool, RecreationArea, Restaurant, StorageFacilities, Shopping, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 3337
- Source Listing Status: ActiveUnderContract
- County: Bay
- Directions: Located at the corner of Front Beach Road and S. Thomas Drive across from Pineapple Willy's. This unit is located on the east side of the building behind the south parking garage.
- Tax Year: 2023
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: Laketown Wharf
- Parcel Number: 40001-000-002
- Postal City: Panama City
- Subdivision: Laketown Wharf
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1047
- Year Built: 2008
- Construction Materials: Stucco
- Entry Level: 1
- Living Area Source: Appraiser
- Property Age: 16
- Roof: Membrane
- Building Total Stories: 21
- House Style: HighRise
- Architectural Style: HighRise
Utilities
- CableConnected
- HighSpeedInternetAvailable
- SewerConnected
- TrashCollection