Shores of Panama 9900 S Thomas Dr Unit 120 Panama City Beach, FL 32408
Estimated payment $3,051/month
Highlights
- Beach
- Property fronts gulf or ocean
- 24-Hour Security
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- Community Pool
About This Home
PREMIUM POOL LEVEL FIRST FLOOR CONDO. List price was just reduced by a large amount. These do not come available often. Walk directly out on the best and largest pool deck in Panama City Beach. No pool area in PCB comes close to Shores of Panama. The gulf front pool area has a lagoon pool, a zero-entry tropical pool, a hot tub all lined with palm trees and fountains. The luxury pool area opens directly out to the beach and beautiful emerald water of the Gulf of America. There is a full service snack bar on the pool deck and an ice cream and donut shop adjacent to the pool area. There is also a large indoor pool on the bottom floor. The Master bedroom and the family room opens onto the porch by the pool deck to form a huge porch area that runs the whole width of the condo. This is a east side condo that has a breathtaking view of the sunset. NO STAIRS TO WAIT ON TO GET TO THE POOL OR BEACH. This is a 2 bedroom condo that feels like a 3 bedroom because the bunk room has a door for privacy. The is a trundle bed under the bunk bed. Each bedroom has a full bath and the half bath is just down the hall from the private bunk room. It has been recently updated throughout. The AC, hot water heater and washer and dryer have all been replaced in the last year. There is no carpet, all of the flooring is tile. This successful rental ready condo comes fully furnished. A deeded parking spot comes with the condo. The Shores of Panama has a 24/7 guard gate.
This special condo is a great vacation rental. Make an appointment to view it today.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,967
Year Built
- Built in 2007
Parking
- 1 Car Attached Garage
- Secured Garage or Parking
- Deeded Parking
- Assigned Parking
Interior Spaces
- Ceiling Fan
- Track Lighting
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
Home Security
Outdoor Features
- Outdoor Shower
- Deeded access to the beach
- Patio
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Additional Features
- Central Heating and Cooling System
Community Details
Overview
- Property has a Home Owners Association
- Association fees include management, cable TV, fitness facility, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, trash, water
- High-Rise Condominium
- Shores Of Panama Subdivision
- 23-Story Property
Amenities
- Community Barbecue Grill
- Elevator
Recreation
- Beach
- Community Spa
Security
- 24-Hour Security
- Fire and Smoke Detector
Map
About Shores of Panama
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,710 | $322,436 | -- | -- |
| 2023 | $4,710 | $293,124 | $0 | $0 |
| 2022 | $3,555 | $266,476 | $0 | $0 |
| 2021 | $3,096 | $242,251 | $0 | $242,251 |
| 2020 | $3,243 | $266,900 | $0 | $0 |
| 2019 | $3,061 | $254,363 | $0 | $0 |
| 2018 | $2,769 | $222,701 | $0 | $0 |
| 2017 | $2,710 | $238,001 | $0 | $0 |
| 2016 | $2,766 | $238,638 | $0 | $0 |
| 2015 | $2,769 | $231,625 | $0 | $0 |
| 2014 | $2,577 | $215,688 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2025 09/18/25 | Price Changed | $495,000 | -4.8% | $449 / Sq Ft |
| 08/05/2025 08/05/25 | Price Changed | $520,000 | -19.9% | $472 / Sq Ft |
| 07/18/2025 07/18/25 | For Sale | $649,000 | -- | $589 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Mti Title Ins Agency Inc | |
| Warranty Deed | $220,000 | Mti Title Ins Agency Inc | |
| Special Warranty Deed | $250,000 | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $200,000 | Credit Line Revolving | |
| Closed | $197,500 | Commercial | |
| Previous Owner | $150,000 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 776709
APN: 40000-675-002
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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