$132,600
SOLD MAR 7, 2018

Shores of Panama 9900 S Thomas Dr Unit 1606 Panama City Beach, FL 32408

-- Bed
1 Bath
473 Sq Ft
$342/mo HOA Fee

Recently Sold

$280 Per Sq Ft

2% Above List Price

7 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Heated In Ground Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Clubhouse

About This Home

As of August 2023

Now is your opportunity to own in Panama City Beach's premier Condominium complex. This studio comes fully furnished. How many studios come with a full service kitchen? Secure those snowbird guest and stand out on the vacation rental market by providing your guest everything they need!Financing now available!

Last Agent to Sell the Property

Bruce Koep

Ohana Real Estate Services License #BK3358969 Listed on: 01/29/2018

Co-Listed By

Tracy Acheson

Lifes A Beach Real Estate, LLC License #BK3341166

Last Buyer's Agent

Kori Smith

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,069

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $342 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Stucco

Interior Spaces

  • 1 Full Bathroom
  • 473 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan

Kitchen

  • Breakfast Bar
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Heated In Ground Pool
  • Deeded access to the beach

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, internet, legal/accounting, ground maintenance, sewer, security, trash, water
  • High-Rise Condominium
  • Shores Of Panama Phase I Subdivision

Amenities

  • Sauna

Recreation

  • Beach

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,069

Year Built

Built in 2007

Lot Details

0

HOA Fees

$342 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: na
  • Road Frontage Type: City Street
  • Co List Office Mls Id: BERR
  • Co List Office Phone: (850) 249-9111
  • Subdivision Name: Shores Of Panama Phase I
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 1
  • Living Area: 473.0
  • Dining Room Type: Primary Bathroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, In Ground, Community
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Assigned

Utilities

  • Utilities: Sewer Connected
  • Security Features: Smoke Detector(s), Security Service
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 1027.14
  • Community Features: Beach, Clubhouse, Fitness Center, Other, Pool, Sauna, Shopping, See Remarks, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 1069.0
  • Tax Year: 2017

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

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
Source: Public Records

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Range of Values:

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Sold Price
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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 $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

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 $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

  • D

    Seller's Agent in 2025

    David Travare

    The Travare Brokerage Firm

    (334) 389-3603

    3 in this area

    26 Total Sales

    David Travare
    Section Image

  • 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

    Gene C. Ursprung, P.A.
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jennifer Ursprung

    Beach Time Realty, Inc

    (850) 890-1349

    84 in this area

    108 Total Sales

    Jennifer Ursprung
    Section Image

  • 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

    27 in this area

    48 Total Sales

    Bruce Koep
    Section Image
  • 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

    Tracy Acheson
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About Shores of Panama

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 667420

Central Panhandle Association of REALTORS®

APN: 40000-650-273

Florida Bay County Panama City Beach 32407

9900 S Thomas Dr Unit 1606, Panama City Beach, FL

This home is located at 9900 S Thomas Dr Unit 1606, Panama City Beach, FL 32408 and is currently priced at $132,600, approximately $280 per square foot. This property was built in 2007. 9900 S Thomas Dr Unit 1606 is a home located in Bay County with nearby schools including Breakfast Point Academy, J.R. Arnold High School, and St. Bernadette Catholic School.

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.

Central Panhandle Association of REALTORS® 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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