$315,000
SOLD FEB 26, 2025
1 Bed
2 Baths
907 Sq Ft
$1,101/mo HOA Fee

Recently Sold

$347 Per Sq Ft

6% Below List Price

80 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Heated Indoor Pool
  • Furnished
  • J.R. Arnold High School Rated A-
  • 24-Hour Security
  • Balcony

About This Home

As of February 2025

Prime Location & Exceptional Investment Opportunity! Assumable ARM Mortgage option available at 4.5% with 5%down. Experience stunning Gulf views from this beautifully appointed 19th-floor condo, offering a serene and private retreat with unparalleled vistas of the Gulf's shimmering waves. Whether you're looking for a vacation getaway or a lucrative rental property, this condo is the perfect combination of both.The unique horseshoe-shaped building provides a sense of seclusion from the outside world, allowing you to unwind in peace while overlooking the expansive 330,000-gallon lagoon-style pool and the sparkling ocean beyond.Comfortably sleeping up to 6 guests, this one-bedroom, two-bathroom unit includes a luxurious master suite with a king bed, a cozy bunkroom with twin beds, and a queen sleeper sofa in the living area. Both bathrooms are private and ensuite, offering convenience and comfort for all guests. The spacious, fully-equipped kitchen boasts stainless steel appliances, granite countertops, and a breakfast bar, perfect for preparing meals or enjoying snacks on the go. A full-sized refrigerator and washer/dryer add to the unit's convenience.Fully Vacation Rental Ready!This condo comes with all the amenities your guests will love: Outdoor Hot Tub and Indoor Heated Pool & Hot Tub, Private Beach Access, Poolside Tiki Bars, Shoreline Bar & Grill, plus a Coffee, Donut & Ice Cream Shop, Fitness Center and Grill/Patio Picnic Area, Covered Parking Garage and Ice/Vending in Garage.Additionally, Shores of Panama is conveniently located directly across from Walmart, putting everything you need at your fingertips. Explore a variety of dining options, shopping, and attractions--all within walking distance.Don't miss this rare opportunity to own a piece of paradise in one of Panama City Beach's most sought-after resorts!

Last Agent to Sell the Property

David Travare

The Travare Brokerage Firm License #CQ1066909 Listed on: 11/25/2024

Last Buyer's Agent

Tabitha Garcia

CENTURY 21 Ryan Realty Inc License #SL3515445

CENTURY 21 Ryan Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,579

Year Built

  • Built in 2007

HOA Fees

  • $1,101 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Entry on the 19th floor
  • Stucco

Interior Spaces

  • 907 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool

Schools

  • Breakfast Point Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

Community Details

Overview

  • Association fees include clubhouse, cable TV, internet, pest control, pool(s), security, trash
  • High-Rise Condominium
  • Shores Of Panama Phase I Subdivision
  • 23-Story Property

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,579

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,101 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Co List Office Mls Id: TTBF
  • Co List Office Phone: (334) 389-3603
  • Subdivision Name: Shores Of Panama Phase I
  • Architectural Style: High Rise
  • Entry Level: 19
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 907.0
  • Dining Room Type: Kitchen, Living Room, Primary Bedroom
  • Stories: 23
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Electric Heat, Indoor, In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Cable Connected
  • Security Features: 24 Hour Security
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3302.97
  • Community Features: Short Term Rental Allowed
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Clubhouse, Cable TV, Internet, Pest Control, Pool(s), Security, Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: Resid Single Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4579.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 25, 2024
Closed on
Feb 25, 2025
Sold by
K And H Ventures Llc
Bought by
Gannon Sharon Renee and Anderson Anthony
Seller's Agent
David Travare
The Travare Brokerage Firm
Buyer's Agent
Tabitha Garcia
CENTURY 21 Ryan Realty Inc
List Price
$334,000
Sold Price
$315,000
Premium/Discount to List
-$19,000
-5.69%
Views
6
Current Estimated Value
$320,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,199
Avg. Annual Appreciation
3.02%

Purchase Details

Listed on
Feb 22, 2022
Closed on
Jun 17, 2022
Sold by
Casey Smith
Bought by
K And H Ventures Llc
Seller's Agent
Patrick Pate
Beach Haven Realty
Buyer's Agent
Non Member
NON-MEMBER OFFICE
List Price
$460,000
Sold Price
$425,000
Premium/Discount to List
-$35,000
-7.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.50%
Original Mortgage
$324,720
Interest Rate
5.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2020
Sold by
Bouchard Trista L
Bought by
Smith Casey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,375
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2015
Sold by
Abendan Cellie C
Bought by
The Trista L Bouchard Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.8%
Mortgage Type
Unknown
Source: Public Records

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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $315,000 Sunbelt Title
Warranty Deed $425,000 New Title Company Name
Deed $252,500 Mti Title Insurance Agency I
Warranty Deed $175,000 Mti Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $324,720 New Conventional
Previous Owner $189,375 New Conventional
Previous Owner $140,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2025 02/26/25 Sold $315,000 -3.1% $347 / Sq Ft
02/13/2025 02/13/25 Pending -- -- --
01/23/2025 01/23/25 Price Changed $325,000 -2.7% $358 / Sq Ft
11/25/2024 11/25/24 For Sale $334,000 -21.4% $368 / Sq Ft
09/15/2022 09/15/22 Off Market $425,000 -- --
06/17/2022 06/17/22 Sold $425,000 -7.6% $469 / Sq Ft
02/22/2022 02/22/22 For Sale $460,000 -- $507 / 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 $4,579 $361,250 -- $361,250
2023 $4,579 $361,250 $0 $361,250
2022 $2,976 $211,778 $0 $0
2021 $2,479 $192,525 $0 $192,525
2020 $2,432 $195,500 $0 $195,500
2019 $2,414 $182,325 $0 $0
2018 $2,232 $178,415 $0 $0
2017 $1,980 $172,975 $0 $0
2016 $2,016 $173,188 $0 $0
2015 $1,978 $156,188 $0 $0
2014 -- $146,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 765496

Central Panhandle Association of REALTORS®

APN: 40000-650-334