$295,000
$10K PRICE DROP

Shores of Panama 9900 S Thomas Dr Unit 1905 Panama City Beach, FL 32408

Estimated payment $2,442/month

Total Views 1,413
1 Bed
1 Bath
473 Sq Ft
$624 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Contemporary Architecture
  • J.R. Arnold High School Rated A-
  • Pool and Spa
  • Home Gym

About This Home

Welcome to your perfect beach getaway in the heart of Panama City Beach! This charming 473 sqft studio condo in the Shores of Panama offers a seamless blend of comfort and style with its open-concept layout. Recently updated with sleek LVP flooring throughout, the space exudes a modern coastal vibe that perfectly complements its stunning Gulf of Mexico views. The Shores of Panama offers resort-style amenities including a massive lagoon-style pool, hot tubs, a fitness center, and direct beach access, ensuring you have everything you need right at your doorstep. Whether you're looking for a serene retreat or an investment opportunity in one of Panama City Beach's most desirable locations, this condo is a fantastic choice. Embrace the beach lifestyle and make this coastal gem your own!

Listing Agent

Matt Hawkins

Avenue Realty Listed on: 08/26/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,277

Year Built

  • Built in 2006

HOA Fees

  • $574 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Concrete Siding

Interior Spaces

  • 473 Sq Ft Home
  • Multi-Level Property
  • Combination Dining and Living Room
  • Home Gym

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Schools

  • Local School In County Elementary And Middle School
  • Local School In County High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Pool and Spa

Listing and Financial Details

  • Assessor Parcel Number 40000650326

Community Details

Overview

  • Association fees include recreation facility
  • Shores Of Panama Subdivision

Amenities

  • Picnic Area

Recreation

  • Beach
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,277

Year Built

Built in 2006

Lot Details

0

HOA Fees

$574 per month

Listing Details

  • Parcel Number: 40000650326
  • Property Type: Residential
  • Year Built: 2006
  • Electric: Copper Wiring
  • Property Sub Type: Condo
  • Horses: No
  • Subdivision Name: Shores Of Panama
  • Directions: The intersection of front beach road and S Thomas dr on the water side
  • Architectural Style: Contemporary
  • Building Name: Shores Of Panama
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: 8 or More Story
  • New Construction: No
  • Efficiency: No Energy Features
  • Kitchen Level: First
  • Special Features: None

Interior Features

  • Spa Features: Community
  • Appliances: Electric Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Gym/Workout Room
  • Living Area: 473
  • Bedroom/Bathroom Features: Not Updated
  • Dining Room Features: Living/Dining Combo
  • Living Room Living Room Level: First
  • Room Kitchen Features: Not Updated
  • Room Living Room Area: 308
  • Room Kitchen Area: 110

Exterior Features

  • Roof: Rolled/Hot Mop
  • Lot Features: Central Access
  • Pool Features: Pool/Spa Combo
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf, Waterfront, Beach Access
  • Waterfront: Yes
  • Construction Type: Concrete
  • Foundation Details: Slab
  • Property Condition: Resale

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Beach, Pool, Community Room, Picnic Area
  • Association Fee: 6890
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Association, Recreation Facility

Schools

  • Elementary School: Local School In County
  • High School: Local School In County
  • Middle Or Junior School: LOCAL SCHOOL IN COUNTY

Lot Info

  • Zoning Description: City,County
  • ResoLotSizeUnits: Acres

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $3,277 $254,150 -- $254,150
2023 $3,277 $254,150 $0 $254,150
2022 $2,141 $141,725 $0 $0
2021 $1,888 $128,841 $0 $0
2020 $1,619 $128,095 $0 $0
2019 $1,459 $116,450 $0 $0
2018 $1,412 $96,800 $0 $0
2017 $1,119 $88,000 $0 $0
2016 $948 $80,000 $0 $0
2015 $1,237 $102,000 $0 $0
2014 $1,320 $107,432 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $295,000 0.0% $624 / Sq Ft
04/06/2025 04/06/25 Off Market $295,000 -- --
02/20/2025 02/20/25 Price Changed $295,000 -3.3% $624 / Sq Ft
08/26/2024 08/26/24 For Sale $305,000 +2.0% $645 / Sq Ft
01/15/2023 01/15/23 Off Market $299,000 -- --
10/17/2022 10/17/22 Sold $299,000 0.0% $632 / Sq Ft
07/20/2022 07/20/22 Price Changed $299,000 -3.2% $632 / Sq Ft
07/12/2022 07/12/22 Price Changed $309,000 +16.6% $653 / Sq Ft
07/05/2022 07/05/22 Off Market $265,000 -- --
06/16/2022 06/16/22 For Sale $319,000 +20.4% $674 / Sq Ft
02/04/2022 02/04/22 Sold $265,000 -3.6% $560 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $275,000 -- $581 / Sq Ft
Source: Pensacola Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $299,000 Mti Title
Warranty Deed $265,000 Mti Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $224,200 Credit Line Revolving
Source: Public Records

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Source: Pensacola Association of REALTORS®

MLS Number: 651293

Pensacola Association of REALTORS®

APN: 40000-650-326