9900 S Thomas Drive # 2331, Panama City FL 32408

For sale Days on market 96

$659,000

$471/sq ft

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Overview

Bedroom

Bath

Year Built

2007

Sqft

1400

Property Type

Condominium

Property Description

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.

Property Details

MLS#

R11167869

Unit Floor

Total Floor in Bldg

Address

9900 Thomas S

City

Panama City

State/county

Zip/Postal Code

32408

Area

Shores Of Panama Ii

Country

United States

HOA

Yes

Assoc Fee

$1,500

Assoc Fee Pd

Monthly

Tax Amount

$6,693

Maint Fee

$--

Tax Year

2025

Electric Water Heater

Dishwasher

Dryer

Microwave

Refrigerator

Washer

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