Incredible Investment Opportunity! This is as turn-key as it gets as this is being sold fully-furnished! Everything you see in the photos convey including TVs/furniture/linens, etc. Seller will transfer all future bookings to buyer upon sale. 1BR/2BA Lake-view condo at the beautiful Laketown Wharf Beach Resort . This 1047 sqft unit offers spectacular lake views from the 1st floor, sitting right above the boardwalk. Gross Rental Income 2021/$33, 543, 2022/$27, 882, 2023/$20, 757, and 2024 $18, 669 through August - will update full 2024 shortly. Rental projections are right around $25-35k/annually. (Seller has high personal usage for friends and family).Step into the coastal ambience of this beautifully themed condo with touches of rich blues, whites, and creams. Your kitchen gives ample space to cook up that delicious meal as you return home from the emerald coast waters and white sugary sands of the PCB coast, all just a few minutes walk, with convenient access for Laketown Wharf guests. Your kitchen features white cabinets and granite countertops. Nestled close by you can relax on your couch or loveseat, overlooking the boardwalk and lake below. Step outside to your private patio and be mesmerized each night by the fountain and light show dancing on the lake waters below, where restaurants and shopping line. Escape to your master suite with your ensuite master bath and soak your cares away in your personal tub. Master bath also includes dual vanities and shower/tub combo. You'll find dual bunk beds right next to your guest bath, also featuring a tub/shower combo with one sink. This unit sleeps 4 comfortably but can accommodate up to 6 people so it's perfect for large families and entertaining.Laketown Wharf Resort is in the heart of all the fun & excitement of Panama City Beach. Just steps away from the world's most beautiful white-sand beaches, shopping, dining and entertainment. Amenities include: convenient beach access, 5 unique pools, a kids fun-scape playground, Splash Bar & Grill, Gulf View Fitness Center & covered garage parking. Laketown Wharf Offers A Variety Of views Including The Gulf Of Mexico, Lake & Golf Course. Enjoy the nightly fountain & light show & market shops along the 52, 000 sqft Of Lakefront Boardwalk.
Property Features
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 13 x 11
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
Appliances
- WasherDryerStacked
- Dishwasher
- ElectricOven
- ElectricRange
- Disposal
- Microwave
- PlumbedForIceMaker
- Refrigerator
- Laundry Features: Stacked
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans, Electric
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Dining Room Dimensions: 18 x 17
- Dining Room Level: First
- Kitchen Dimensions: 14 x 9
- Kitchen Level: First
Pool and Spa
- Pool Features: Fenced, ElectricHeat, InGround, Community
Exterior and Lot Features
- Other Structures: Garages, Gazebo
- Patio And Porch Features: Covered, Patio
- Road Frontage Type: CityStreet
Garage and Parking
- Parking Features: Detached, Garage, Gated, Paved, ParkingLot, CommunityStructure
Home Features
- View: Lake
- Security Features: BuildingSecurity, FireAlarm, FireEscape, Firewalls, FireSprinklerSystem, GatedWithGuard, SecuredGarageParking, GatedCommunity, TwentyFourHourSecurity, SmokeDetectors, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: Gated, PicnicArea
- Association Fee: 2491
- Association Fee Frequency: Quarterly
- Association Fee Includes: AssociationManagement, Clubhouse, Gas, Insurance, Internet, MaintenanceGrounds, Playground, Pools, RecreationFacilities, Sewer, Security, Water
- Calculated Total Monthly Association Fees: 830
- Association Name: Grand Manor
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: Beach, BusinessCenter, Clubhouse, ConferenceMeetingRoom, DogPark, Elevator, FitnessCenter, Golf, Playground, Park, Pool, RecreationArea, Restaurant, Shopping, ShortTermRentalAllowed, Sidewalks, Gated
Other Property Info
- Annual Tax Amount: 3305
- Source Listing Status: Active
- County: Bay
- Directions: Located at the Corner of Front Beach Road and S. Thomas Drive, Across from Pineapple Willy's
- Tax Year: 2024
- Source Property Type: Residential
- Property Subtype: condo
- MLS Area Minor: 0323 - Beach - South of Grand Lagoon
- Source Neighborhood: Laketown Wharf
- Parcel Number: 40001-000-012
- Postal City: Panama City Beach
- Subdivision: Laketown Wharf
- Zoning Description: Resort
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 1047
- Year Built: 2008
- Construction Materials: Concrete, Stucco
- Entry Level: 1
- Foundation Details: PillarPostPier
- Living Area Source: Plans
- Property Age: 17
- Building Total Stories: 21
- House Style: LowRise
- Architectural Style: LowRise
Accessibility Features
- Accessibility Features: AccessibleElevatorInstalled, AccessibleApproachWithRamp
Utilities
- CableAvailable
- TrashCollection