$724,000
SOLD MAR 16, 2022

Shores of Panama 9900 S Thomas Dr Unit 1528 Panama City Beach, FL 32408

3 Beds
3 Baths
1,525 Sq Ft
$1,114/mo HOA Fee

Recently Sold

$475 Per Sq Ft

12% Above List Price

9 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Deeded access to the beach
  • High-Rise Condominium
  • J.R. Arnold High School Rated A-
  • Furnished

About This Home

As of March 2024

CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Drop dead gorgeous HUGE, gorgeous gulf front condo. Everything is new, completely remodeled. This unit will be the biggest money maker at this very popular resort. 3 full bedrooms, + bunk and 3 full baths. This unit sleeps 10 and will be a favorite with all families vacationing at their favorite resort. New flooring, stainless steel appliances, furniture, remodeled kitchen, furnishings, decor, paint. Turn key and rental ready, nothing left to do. Your balcony overlooks the gorgeous lagoon pool & Gulf of Mexico. It also comes with a dedicated parking space. Shores of Panama is a 23 story Tuscany style condo complex in the heart of PCB, and right next door to the world famous Pineapple Willys'. Unbeatable amenities!

Last Agent to Sell the Property

Kelly Zarda

Emerald Coast Real Estate & Vacations LLC Listed on: 02/09/2022

Last Buyer's Agent

Daniel Walker

Beachy Beach 30A Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,354

Year Built

  • Built in 2007

HOA Fees

  • $1,114 Monthly HOA Fees

Interior Spaces

  • 1,525 Sq Ft Home
  • Furnished

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Deeded access to the beach

Community Details

  • Association fees include cable TV, internet, legal/accounting, pool(s), security
  • 709 Units
  • Evm Association
  • High-Rise Condominium
  • Shores Of Panama Subdivision
  • 23-Story Property

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,354

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,114 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Subdivision Name: Shores Of Panama
  • Architectural Style: High Rise
  • Entry Level: 15
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Living Area: 1525.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 23
  • ResoLivingAreaSource: Plans

Exterior Features

  • Waterfront Features: Gulf
  • Waterfront: Yes

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected

Condo/Co-op/Association

  • Association Fee: 3341.8
  • Community Features: Short Term Rental Allowed
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association Name: EVM
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Internet, Legal/Accounting, Pool(s), Security

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 709

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2024
Closed on
Mar 7, 2024
Sold by
Purdy Laura
Bought by
Beach Dayz At Shores Of Panama Llc
Seller's Agent
Daniel Walker Group
EXP Realty LLC
Buyer's Agent
Denise Hindes
Coastal Living Realty & Associates LLC
List Price
$695,000
Sold Price
$655,000
Premium/Discount to List
-$40,000
-5.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.44%
Original Mortgage
$500,297
Outstanding Balance
$494,438
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$121,326

Purchase Details

Listed on
Feb 9, 2022
Closed on
Mar 16, 2022
Sold by
Michael Mitchell Jason and Denis Katherine
Bought by
Purdy Laura
Seller's Agent
Kelly Zarda
Emerald Coast Real Estate & Vacations LLC
Buyer's Agent
Daniel Walker
Beachy Beach 30A Real Estate
List Price
$649,000
Sold Price
$724,000
Premium/Discount to List
$75,000
11.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.93%
Original Mortgage
$579,200
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 24, 2021
Closed on
Sep 28, 2021
Sold by
Dabbas Hani A and Dabbas Janice
Bought by
Mitchell Jason Michael and Mitchell Katherine Denise
Seller's Agent
Donna Johnson
Anchor Realty Florida
Buyer's Agent
Kelly Zarda
Pineapple Properties
List Price
$450,500
Sold Price
$449,000
Premium/Discount to List
-$1,500
-0.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
182.53%
Original Mortgage
$336,750
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 25, 2019
Closed on
Feb 5, 2020
Sold by
Panama Partners Llc
Bought by
Dabbas Hani A and Dabbas Janice
Seller's Agent
Bruce Koep
Ohana Real Estate Services
Buyer's Agent
Bruce Koep
Ohana Real Estate Services
List Price
$313,000
Sold Price
$351,450
Premium/Discount to List
$38,450
12.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.22%
Original Mortgage
$278,817
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2012
Sold by
Shores Of Panama Collateral Llc
Bought by
Panama Partners Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $655,000 850 Title
Warranty Deed $724,000 New Title Company Name
Warranty Deed $449,000 Diamond Title Agency Inc
Warranty Deed $390,500 Attorney
Special Warranty Deed $10,804,100 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,297 New Conventional
Previous Owner $579,200 New Conventional
Previous Owner $336,750 New Conventional
Previous Owner $278,817 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $635,000 -3.1% $416 / Sq Ft
03/08/2024 03/08/24 Sold $655,000 0.0% $430 / Sq Ft
03/08/2024 03/08/24 Sold $655,000 -4.9% $430 / Sq Ft
01/29/2024 01/29/24 Price Changed $689,000 -0.9% $452 / Sq Ft
01/29/2024 01/29/24 For Sale $695,000 +0.9% $456 / Sq Ft
01/19/2024 01/19/24 For Sale $689,000 0.0% $452 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/19/2024 01/19/24 Pending -- -- --
01/17/2024 01/17/24 Price Changed $689,000 -0.9% $452 / Sq Ft
12/26/2023 12/26/23 Price Changed $695,000 0.0% $456 / Sq Ft
12/26/2023 12/26/23 Price Changed $695,000 -0.6% $456 / Sq Ft
12/04/2023 12/04/23 Price Changed $699,000 0.0% $458 / Sq Ft
12/04/2023 12/04/23 Price Changed $699,000 -6.6% $458 / Sq Ft
11/21/2023 11/21/23 Price Changed $748,000 -0.1% $490 / Sq Ft
11/16/2023 11/16/23 Price Changed $748,999 0.0% $491 / Sq Ft
11/12/2023 11/12/23 Price Changed $749,000 0.0% $491 / Sq Ft
10/31/2023 10/31/23 Price Changed $749,000 -6.3% $491 / Sq Ft
10/23/2023 10/23/23 For Sale $799,000 0.0% $524 / Sq Ft
10/19/2023 10/19/23 For Sale $799,000 +127.3% $524 / Sq Ft
07/28/2022 07/28/22 Off Market $351,450 -- --
07/05/2022 07/05/22 Off Market $724,000 -- --
07/05/2022 07/05/22 Off Market $449,000 -- --
03/16/2022 03/16/22 Sold $724,000 0.0% $475 / Sq Ft
02/10/2022 02/10/22 Price Changed $724,000 +11.6% $475 / Sq Ft
02/09/2022 02/09/22 For Sale $649,000 +44.5% $426 / Sq Ft
09/30/2021 09/30/21 Sold $449,000 -0.3% $294 / Sq Ft
07/24/2021 07/24/21 For Sale $450,500 +28.2% $295 / Sq Ft
02/12/2020 02/12/20 Sold $351,450 +12.3% $230 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
09/25/2019 09/25/19 For Sale $313,000 -- $205 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,354 $600,951 -- $600,951
2023 $7,354 $600,951 $0 $600,951
2022 $4,261 $360,486 $0 $360,486
2021 $3,683 $296,651 $0 $296,651
2020 $3,326 $272,339 $0 $0
2019 $3,432 $284,580 $0 $284,580
2018 $3,446 $282,370 $0 $0
2017 $2,919 $256,700 $0 $0
2016 $2,972 $256,700 $0 $0
2015 $3,044 $254,915 $0 $0
2014 $3,040 $254,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 722137

Central Panhandle Association of REALTORS®

APN: 40000-675-191