Shores of Panama 9900 S Thomas Dr Unit 1606 Panama City Beach, FL 32408
--
Bed
1
Bath
473
Sq Ft
$406/mo
HOA Fee
Highlights
- Beach
- Property fronts gulf or ocean
- Heated Indoor Pool
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- 24-Hour Security
About This Home
As of August 2023*CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS!* Beach Studio Suite at the popular Shores of Panama Resort!!! Beautiful views of the sugar white sand and emerald waters of the Gulf of Mexico from this Great Condominium! Makes for a Wonderful getaway destination for yourself or your guests! This unit comes fully furnished and rental ready with a full Kitchen, dual K cup coffee pot, new TV w/ full swivel motion, a new pull out sofa bed and your own private Balcony. Deeded parking space conveys with the unit. Shores of Panama itself offers a multitude of amenities such as: A Gulf side zero entry lagoon-style pool, Gulf side hot tub, A heated indoor pool & hot tub, Covered on-site Parking Garage, Fitness Center, Tiki bars, Beach activities and Rental services, just to name a few!!! The resort is also located right next to one of Panama City Beaches favorite family beach restaurants...Pineapple Willy's. Also located close to many additional restaurants, family entertainment & shopping! So, schedule a viewing today to come see all this unit and resort have to offer!!!. Please Note: The sofa sleeper in the Living Area has been replaced with a new one. New photos coming soon. All dimensions are approximate and should be verified if important.
Last Agent to Sell the Property
Beach Time Realty, Inc License #3108420 Listed on: 07/16/2023
Last Buyer's Agent
Non Member
NON-MEMBER OFFICE
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,175
Year Built
- Built in 2007
Lot Details
HOA Fees
- $406 Monthly HOA Fees
Parking
- 1 Car Garage
- Deeded Parking
Interior Spaces
- 1 Full Bathroom
- 473 Sq Ft Home
- Furnished
- Woodwork
- Ceiling Fan
- Living Room
- Washer and Dryer Hookup
Kitchen
- Breakfast Bar
- Electric Oven
- Electric Cooktop
- <<microwave>>
- Dishwasher
- Disposal
Home Security
Pool
- Heated Indoor Pool
- Heated In Ground Pool
Outdoor Features
- Deeded access to the beach
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Community Details
Overview
- Association fees include cable TV, legal/accounting, ground maintenance, pest control, pool(s), trash, water
- High-Rise Condominium
- Shores Of Panama Phase I Subdivision
Amenities
- Sauna
- Elevator
Recreation
- Beach
Security
- 24-Hour Security
- Fire Sprinkler System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 16, 2023
Closed on
Aug 18, 2023
Sold by
Jacobson Thomas A and Jacobson Kim S
Bought by
Raval Brijen Jayshankar and Talajiya Disha Sandip
Seller's Agent
Gene C. Ursprung, P.A.
Beach Time Realty, Inc
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Views
36
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$220,000
Outstanding Balance
$215,627
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$57,295
Purchase Details
Listed on
Jan 29, 2018
Closed on
Mar 7, 2018
Sold by
Panama Partners Llc
Bought by
Jacobson Thomas A and Jacobson Kim S
Seller's Agent
Bruce Koep
Ohana Real Estate Services
Buyer's Agent
Kori Smith
Keller Williams Success Realty
List Price
$130,600
Sold Price
$132,600
Premium/Discount to List
$2,000
1.53%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.32%
Original Mortgage
$106,080
Interest Rate
4.15%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 27, 2012
Sold by
Shores Of Panama Collateral Llc
Bought by
Panama Partners Llc
Similar Homes in Panama City Beach, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $275,000 | Beach Land Title Services Inc | |
| Special Warranty Deed | $132,600 | Attorney | |
| Special Warranty Deed | $10,804,100 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $220,000 | New Conventional | |
| Previous Owner | $106,080 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $275,000 | 0.0% | $581 / Sq Ft |
| 08/18/2023 08/18/23 | Sold | $275,000 | -6.8% | $581 / Sq Ft |
| 07/27/2023 07/27/23 | Pending | -- | -- | -- |
| 07/16/2023 07/16/23 | For Sale | $295,000 | +122.5% | $624 / Sq Ft |
| 07/28/2022 07/28/22 | Off Market | $132,600 | -- | -- |
| 03/07/2018 03/07/18 | Sold | $132,600 | +1.5% | $280 / Sq Ft |
| 02/05/2018 02/05/18 | Pending | -- | -- | -- |
| 01/29/2018 01/29/18 | For Sale | $130,600 | -- | $276 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Tax History Compared to Growth
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 | $2,800 | $254,151 | -- | $254,151 |
| 2023 | $2,800 | $170,497 | $0 | $0 |
| 2022 | $2,175 | $154,996 | $0 | $0 |
| 2021 | $1,916 | $140,905 | $0 | $0 |
| 2020 | $1,643 | $128,095 | $0 | $128,095 |
| 2019 | $1,480 | $116,450 | $0 | $116,450 |
| 2018 | $1,357 | $91,658 | $0 | $0 |
| 2017 | $1,069 | $83,325 | $0 | $0 |
| 2016 | $899 | $75,750 | $0 | $0 |
| 2015 | $1,187 | $97,750 | $0 | $0 |
| 2014 | $1,268 | $102,757 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
David Travare
D
Seller's Agent in 2025
David Travare
The Travare Brokerage Firm
(334) 389-3603
3 in this area
26 Total Sales
-
Gene C. Ursprung, P.A.
G
Seller's Agent in 2023
Gene C. Ursprung, P.A.
Beach Time Realty, Inc
(850) 890-1350
254 in this area
305 Total Sales
-
Jennifer Ursprung
J
Seller Co-Listing Agent in 2023
Jennifer Ursprung
Beach Time Realty, Inc
(850) 890-1349
83 in this area
107 Total Sales
-
N
Buyer's Agent in 2023
Non Member
NON-MEMBER OFFICE
-
Bruce Koep
Seller's Agent in 2018
Bruce Koep
Ohana Real Estate Services
(850) 238-2376
26 in this area
47 Total Sales
-
Tracy Acheson
Seller Co-Listing Agent in 2018
Tracy Acheson
Lifes A Beach Real Estate, LLC
(406) 544-1626
58 in this area
85 Total Sales
About Shores of Panama
Map
Source: Central Panhandle Association of REALTORS®
MLS Number: 744026
APN: 40000-650-273
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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