9900 S Thomas DR #2331 Panama City Beach, FL 32408
3 Beds
3 Baths
1,400 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $439
Subdivision Shores Of Panama Phase Ii
MLS Listing ID 797041
Style High Rise
Bedrooms 3
Full Baths 3
HOA Fees $4,500/qua
HOA Y/N Yes
Year Built 2007
Annual Tax Amount $6,692
Tax Year 2025
Property Sub-Type Condominium
Property Description
Perfectly positioned on the end of the U-shaped building, this unit offers sweeping, unobstructed Gulf views from an expansive wrap-around balcony, including beautiful sunrise views over the coastline. The spacious 3-bedroom, 3-bath layout is ideal for personal use or vacation rental income, while the penthouse elevation provides added privacy and an exceptional vantage point.
The unit also conveys with a dedicated parking space and private storage closet, valuable extras rarely found with competing properties. Shores of Panama offers direct beach access, a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, and an unbeatable location steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, dining, and entertainment.
Well-positioned 3BR units in the building commonly generate approximately $80K-$90K annually, with upside potential into the $100K range when professionally optimized. With another significant price reduction, premium penthouse features, and exceptional Gulf-front positioning, Unit 2331 stands out as one of the most compelling opportunities currently available at Shores of Panama.
Location
State FL
County Bay
Community Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Storage Facilities, Waterfront, Community Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Main Level Primary
Fireplace No
Appliance Electric Range, Electric Water Heater
Exterior
Pool Community
Community Features Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Storage Facilities, Waterfront, Community Pool, Short Term Rental Allowed
Amenities Available Beach Rights, Game Room, Gazebo
Waterfront Description Gulf
Water Access Desc Gulf
Porch Balcony
Private Pool No
Building
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
HOA Fee Include Cable TV,Fitness Facility,Pool(s),Trash
Restrictions Short Term Rentals Allowed
Tax ID 40000-675-298
Security Features Building Security,24 Hour Security,Security Service
Special Listing Condition Listed As-Is