$395,000

Shores of Panama 9900 S Thomas Dr Unit 1604 Panama City Beach, FL 32408

Estimated payment $3,642/month

Total Views 1,306
2 Beds
3 Baths
1,148 Sq Ft
$344 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Main Floor Primary Bedroom
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Balcony

About This Home

The beach getaway you've been dreaming of at the ever-popular Shores of Panama! This beautifully decorated, beach-inspired 2-bedroom + bunks, 3-bath Gulf-front condo is fully equipped for rentals and boasts a strong, seasoned rental history. Comfortably sleeping 8, the unit features breathtaking Gulf views framed by fresh, decorator-perfect interiors designed with the beach and sun in mind. Recent upgrades within the past 3 years elevate this unit to standout status, including new quartz countertops and shiplap accents on the kitchen bar, a stylish shiplap feature wall in the dining area, brand-new built-in bunk beds with a custom barn door for privacy, and fresh paint throughout.

Listing Agent

John Moran

Keller Williams Realty Destin Listed on: 06/12/2025

Keller Williams Realty Destin

Co-Listing Agent

John Skinner Jr.

Keller Williams Realty SRB License #3226343

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,621

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $986 Monthly HOA Fees

Home Design

  • Concrete Siding

Interior Spaces

  • 1,148 Sq Ft Home
  • Recessed Lighting
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deeded access to the beach

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 40000-650-271

Community Details

Overview

  • Shores Of Panama Subdivision

Amenities

  • Recreation Room

Recreation

  • Beach

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,621

Year Built

Built in 2007

Lot Details

0

HOA Fees

$986 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: EKW5
  • Co List Office Phone: 850-654-2900
  • Subdivision Name: SHORES OF PANAMA
  • Directions: From Front Beach road heading East, turn onto Thomas Drive on the west end and Shores will be on your right. Right next to Pineapple Willy's
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Washers: Yes
  • Utilities:Community Water: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Floor Tile
  • Interior Amenities: Breakfast Bar, Lighting Recessed
  • Window Features: Window Treatment All
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Interior:Lighting Recessed: Yes
  • Interior:Window Treatment All: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Block
  • Exterior Features: Balcony
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Block: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Balcony: Yes

Garage/Parking

  • General Property Info:Garage2: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Community Sewer
  • Utilities: Community Water

Condo/Co-op/Association

  • Community Features: Beach, Community Room, Deed Access, Dumpster
  • Association #2 Fee: 2959.26
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 40000-650-271

Tax Info

  • Tax Annual Amount: 5621.33
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,502 $441,915 -- $441,915
2023 $5,502 $441,915 $0 $441,915
2022 $3,541 $297,500 $0 $297,500
2021 $3,025 $238,000 $0 $238,000
2020 $3,056 $246,024 $0 $246,024
2019 $2,631 $227,800 $0 $227,800
2018 $2,322 $186,150 $0 $0
2017 $2,042 $178,500 $0 $0
2016 $2,399 $206,640 $0 $0
2015 $2,261 $188,700 $0 $0
2014 $2,226 $185,980 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2025 06/12/25 For Sale $395,000 -13.2% $344 / Sq Ft
01/22/2023 01/22/23 Off Market $455,000 -- --
10/24/2022 10/24/22 Sold $455,000 -4.2% $396 / Sq Ft
08/08/2022 08/08/22 Price Changed $475,000 +61.0% $414 / Sq Ft
07/05/2022 07/05/22 Off Market $295,000 -- --
06/27/2022 06/27/22 Price Changed $499,000 +63.6% $435 / Sq Ft
06/20/2022 06/20/22 Off Market $305,000 -- --
06/20/2022 06/20/22 Off Market $223,000 -- --
06/08/2022 06/08/22 Price Changed $534,700 -3.6% $466 / Sq Ft
04/15/2022 04/15/22 Price Changed $554,700 -1.8% $483 / Sq Ft
03/30/2022 03/30/22 For Sale $565,000 +85.2% $492 / Sq Ft
04/14/2021 04/14/21 Sold $305,000 -1.6% $266 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
01/20/2021 01/20/21 Price Changed $310,000 -1.6% $270 / Sq Ft
12/03/2020 12/03/20 For Sale $315,000 +6.8% $274 / Sq Ft
01/28/2019 01/28/19 Sold $295,000 -4.8% $257 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
12/05/2018 12/05/18 For Sale $309,900 +39.0% $270 / Sq Ft
01/22/2016 01/22/16 Sold $223,000 -10.4% $194 / Sq Ft
11/24/2015 11/24/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $249,000 -- $217 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 --
Warranty Deed $305,000 Setco Services Llc
Warranty Deed $295,000 Mti Title Ins Agency Inc
Warranty Deed $223,000 Mti Title Ins Agency Inc
Warranty Deed $185,000 H&S Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,500 New Conventional
Previous Owner $259,250 New Conventional
Previous Owner $221,250 Adjustable Rate Mortgage/ARM
Previous Owner $173,940 Seller Take Back
Source: Public Records

Similar Homes in the area

  • 9900 S Thomas Dr Unit 925, Panama City Beach, FL 32408

    $349,000

    • 1 Bed
    • 2 Baths
    • 936 Sq Ft
    • 9900 S Thomas Dr
    • Unit 925
    • Panama City Beach, FL

    Beautifully Updated Unit + Dedicated Parking Space Included! Ideally positioned on the ninth floor, this exquisite one-bedroom + bunk space, two-bathroom residence boasts over 900 square feet of refined living space and dedicated parking slot. Offering breathtaking Gulf views and overlooking the stunning resort-style pools of Shores of Panama, this unit is meticulously upgraded for a luxurious,

    Abigail Davis Corcoran Reverie

    Section Image
  • 9900 S Thomas Dr Unit 2326, Panama City Beach, FL 32408

    $359,000

    • 1 Bed
    • 2 Baths
    • 936 Sq Ft
    • 9900 S Thomas Dr
    • Unit 2326
    • Panama City Beach, FL

    PRICE IMPROVEMENT! BRING OFFERS> Gulf-Front Penthouse at Shores of Panama - Vacation Ready and Investment Perfect! Most popular and sought after N-floor plan!!!Welcome to your dream getaway at the Shores of Panama, one of the most sought-after resorts on the Gulf Coast! This stunning penthouse condo offers breathtaking views of the Gulf of America and is the perfect blend of style, comfort, and

    Inga Brown Counts Real Estate Group

    Section Image
  • 9860 S Thomas Dr Unit 1806, Panama City Beach, FL 32408

    $469,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9860 S Thomas Dr
    • Unit 1806
    • Panama City Beach, FL

    Fully renovated 3BR/2BA GULF-VIEW condo at the beautiful Laketown Wharf Beach Resort . This 1262 sqft unit offers spectacular gulf views from the 18th floor of the breathtaking Gulf of Mexico and the Emerald Coast and all it has to offer. This unit is being sold fully-furnished and everything you see in the photos convey. This unit is turn-key and any/all future bookings will transfer to new

    Shantel Peterson Real Broker LLC

    Section Image
  • 9860 S Thomas Dr Unit 1825, Panama City Beach, FL 32408

    $419,900

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9860 S Thomas Dr
    • Unit 1825
    • Panama City Beach, FL

    Welcome to your very own beach oasis! As you enter this meticulously cared for 2 bedroom/ 2 bathroom plus Bunk Room unit, just steps away from The World's Most Beautiful White-Sand Beaches', Shopping, Dining & Entertainment. This Beachside Resort Offers Unparalleled Amenities with Convenient Beach Access, 5 Unique Pools, Splash Bar & Grill, Gulf View Fitness Center & Covered Garage Parking.

    Wanda Jackson The Premier Property Group

    Section Image
  • 9860 S Thomas Dr Unit 1804, Panama City Beach, FL 32408

    $310,000

    • 1 Bed
    • 2 Baths
    • 1,047 Sq Ft
    • 9860 S Thomas Dr
    • Unit 1804
    • Panama City Beach, FL

    Motivated Seller! This beautiful turn-key gulf-view condo, sitting on the 18th floor and 1047 square feet, is an investor's dream and is being sold fully-furnished. Just a quick walk to the beautiful white sands and emerald green waters of the Emerald Coast! Laketown Wharf is known for one of the top vacation destinations in Panama City Beach! Annual projections are between $25-35k/year and

    Shantel Peterson Real Broker LLC

    Section Image
  • 9902 S Thomas Dr Unit 2028, Panama City, FL 32408

    $389,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9902 S Thomas Dr
    • Unit 2028
    • Panama City, FL

    Live in penthouse luxury on the 20th floor with raised ceilings and views most dream of. The view from your patio is breathtaking as it overlooks the lake and boardwalk below and you're high enough on the 20th floor to see miles away of the city. Incredible gulf view from your front bedroom window. (see photo) This turn-key fully-renovated condo has incredible Lake & City Views is being sold

    Shantel Peterson Real Broker LLC

    Section Image
  • 9902 S Thomas Dr Unit 1532, Panama City Beach, FL 32408

    $379,000

    • 3 Beds
    • 2 Baths
    • 1,262 Sq Ft
    • 9902 S Thomas Dr
    • Unit 1532
    • Panama City Beach, FL

    Fully renovated turn-key 3BR/2 BA condo in the beautiful Laketown Wharf Beach Resort. This 1262 sqft unit offers spectacular city/lake views from the 15th floor! This unit has been continuously profitable: 2021/$61,569, 2022/$50,499, 2023/$52,499, 2024/$49,858.Can be used as primary residence, short term rental or investment property AND this unit is being sold FULLY furnished - with no

    Shantel Peterson Real Broker LLC

    Section Image
  • 9850 S Thomas Dr Unit 1104, Panama City Beach, FL 32408

    $340,000

    • 1 Bed
    • 1 Bath
    • 609 Sq Ft
    • 9850 S Thomas Dr
    • Unit 1104
    • Panama City Beach, FL

    **GULF FRONT INVESTMENT ALERT!!!!!! Sunbird Condominium - Panama City Beach, FL**Welcome to your dream investment opportunity at the GULF FRONT Sunbird Condominium! This stunning 1-bedroom, 1-full bath condo in the desirable East Tower offers a perfect blend of modern comforts and beachside living.**Property Highlights:**- **Custom Cabinetry**: Enjoy the beauty and functionality of custom

    Sassy French Keller Williams Success Realty

    Section Image
  • 9850 S Thomas Dr Unit 505W, Panama City Beach, FL 32408

    $380,000

    • 1 Bed
    • 1 Bath
    • 673 Sq Ft
    • 9850 S Thomas Dr
    • Unit 505W
    • Panama City Beach, FL

    **Stunning, Rarely Available Larger Floor Plan at Sunbird 505W - Beachfront Paradise! MASTER ON THE GULF...TURN KEY SHORT TERM RENTAL OR PERSONAL RESIDENCEExperience coastal luxury in this TOTALLY REMODELED west-facing gem at Sunbird 505W in Panama City Beach, FL! This rare, larger floor plan boasts an abundance of natural light with windows galore, offering breathtaking sunsets and panoramic

    Sassy French Keller Williams Success Realty

    Section Image

Source: Emerald Coast Association of REALTORS®

MLS Number: 978646

Emerald Coast Association of REALTORS®

APN: 40000-650-271