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9900 S Thomas Drive # 2331, Panama City FL 32408

Condo/Co-op For Sale
$659,000

BTC: 10.26645901

ETH: 373.80738993

112 days
Waterfront
3 bds
3 ba
1,400 sqft

Overview

Shores of Panama offers resort-style beachfront living, and this 3BR/3BA penthouse is perfectly positioned to take full advantage of it. Located on the end of the U, this unit sits directly on the Gulf, providing sweeping, unobstructed beach and water views from an expansive wrap-around balcony — an ideal setting for enjoying stunning sunrise views over the coastline. Inside, the spacious layout is ideal for full-time living, a second home, or a high-performing rental. The kitchen is bright and attractive, opening to the living and dining areas and maximizing both functionality and natural light. 3 bedrooms and 3 full baths allow for comfortable accommodations and strong rental appeal, while the penthouse level offers added privacy and an elevated vantage point. This unit also conveys with a dedicated parking space and private storage closet, a valuable bonus within Shores of Panama. Owners and guests enjoy direct beach access and a full suite of amenities including a lagoon-style Gulf-front pool, hot tubs, fitness center, and on-site dining. The location is hard to beat just steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, and entertainment. A Shores of Panama 3BR penthouse like this typically produces $80K-$90K annually, with upside into the $100K range if optimized. This is a rare opportunity to own a penthouse, beachfront 3BR with wrap-around balcony in one of Panama City Beach's most iconic resorts.

Location

Details

Type:
Residential
Parking:
Assigned / Deeded
Year Built:
2007
Lot:
No Data
Heating:
Central
Price/sqft:
$471
Cooling:
Central Air
HOA:
$1,500

Highlights

Annual tax
$6,693
2025
HOA
$1,500/mo
Pool
Community
Waterfront
Yes
Furnished
Furnished,Furniture Only
Pets
Allowed
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Electric Water Heater

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 3

    • Full bathrooms: 3

  • Parking

    • Assigned

    • Deeded

    Property

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 40000675298

    • Zoning: Residential

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $1,500

    • HOA Frequency: Monthly

    • Annual tax amount: $6,693

  • Source details

    • MLS ID: R11167869

    Other facts

    • Construction Materials: Concrete Block Construction

    • Pool Features: Community

    • Window Features: Complete Impact Glass

    • Direction Faces: South

    • Other Structures: Livable

    • Waterfront: Yes

    • Living Area: 1400

    • Water Source: Public

    • Subdivision Name: SHORES OF PANAMA II

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Luxe Coastal Realty Group LLC