55 Photos

9900 S Thomas Drive , Unit 2331
Panama City Beach, FL 32408

$615,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 3 full
Sq Feet Icon SQFT (H&C): 1,400
MLS Icon MLS# 797041

This Gulf-front 3BR/3BA penthouse at Shores of Panama is now offered at an even more compelling value and presents a rare opportunity for investors, second-home buyers, or anyone wanting a true beachfront penthouse in Panama City Beach. 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.

Property Features

MLS#: 797041
Zip: 32408
Subdivision: Shores Of Panama Phase Ii
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Residential - Condominium
Days on Site: 9
Home Style: High Rise
Taxes: $6,692
Year Built: 2007
SQFT (H&C): 1,400

Feature Descriptions

Appliances: Electric Range, Electric Water Heater
Association Amenities: Beach Rights, Game Room, Gazebo
Building Features: Dumpster
Community Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Storage Facilities, Waterfront, Community Pool, Short Term Rental Allowed
HOA Fee: $4500 Quarterly
Interior Features: Main Level Primary
Parcel#: 40000-675-298
Patio/Porch: Balcony
Pool: Community
Security: Building Security,24 Hour Security, Security Service
Spa: Community
Waterfront: Gulf

Room Sizes

Bedroom: 14 X 11 Level - First
Bedroom: 12 X 12 Level - First
Primary Bedroom: 14 X 12 Level - First

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

9900 S Thomas Drive , Unit 2331 | MLS# 797041

This condo located at 9900 S Thomas Drive , Unit 2331, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $615,000. This property was built in 2007 and has 3 bedrooms and 3 full baths with 1400 sq. ft. S Thomas Drive , Unit 2331 is located in the Shores Of Panama Phase II subdivision. Search Shores Of Panama Phase II real estate on schilds.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Luxe Coastal Realty Group LLC

Shown By

Agent Name: Scott A Childs
Agent Phone: Cell: (303) 888-5539
Agency Title: Beachy Beach Real Estate

IDX logo

Ask a Question

Ask a Question

Login to My Homefinder