Shores of Panama 9900 S Thomas Dr Unit 2011 Panama City Beach, FL 32408
Estimated payment $3,627/month
Total Views
3,088
2
Beds
2
Baths
907
Sq Ft
$458
Price per Sq Ft
Highlights
- Beach
- Property fronts gulf or ocean
- Gated Parking
- J.R. Arnold High School Rated A-
- 24-Hour Security
- Furnished
About This Home
Step into your dream beachfront investment property at the Shores of Panama! This stunning one bedroom with a separate bunk room and two full bath condo boasts breathtaking views of the Gulf of Mexico. With over $40,000 in rentals already on the books for 2023, this condo is the perfect investment opportunity for those looking to maximize their returns. As you step inside, you will immediately notice the sleek and modern stainless steel appliances in the fully equipped kitchen. The living area is furnished with brand new furniture and coastal decor, providing a serene atmosphere to unwind after a long day at the beach. The condo has been freshly painted, creating a bright and airy ambiance throughout. The master bedroom features a comfortable king-sized bed, while the bunk room is perfect for children or guests with a large bunk beds featuring a queen on the bottom and twin on top. Enjoy your morning coffee or an evening cocktail on the private balcony, where you can soak up the stunning views of the Gulf of Mexico. Not to mention that this unit has a deeded parking space that conveys with purchase. As a guest of the Shores of Panama, you will have access to a range of amenities including a lagoon-style pool, a hot tub, a fitness center, and a spa. The property also features on-site dining options, so you can indulge in a delicious meal without having to leave the resort. Don't miss out on this amazing investment opportunity to own a luxurious beachfront condo at the Shores of Panama.
Listing Agent
Christies International Real Estate Emerald Coast Listed on: 04/22/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,579
Year Built
- Built in 2007
HOA Fees
- $953 Monthly HOA Fees
Parking
- 1 Car Garage
- Gated Parking
- Secured Garage or Parking
- Additional Parking
- Assigned Parking
- Community Parking Structure
Interior Spaces
- 907 Sq Ft Home
- Furnished
- Ceiling Fan
- Living Room
- Stacked Washer and Dryer
Kitchen
- Electric Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
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 management, cable TV, internet, legal/accounting, ground maintenance, pest control, pool(s), recreation facilities, sewer, security, trash, water
- Sop Comm Association
- High-Rise Condominium
- Shores Of Panama Phase I Subdivision
- 23-Story Property
Amenities
- Community Barbecue Grill
- Game Room
- Elevator
Recreation
- Beach
Security
- 24-Hour Security
- Fire and Smoke Detector
- Fire Sprinkler System
Map
About Shores of Panama
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Home Values in the Area
Average Home Value in this Area
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 | $361,251 | -- | $361,251 |
| 2023 | $4,579 | $361,251 | $0 | $361,251 |
| 2022 | $3,290 | $278,759 | $0 | $278,759 |
| 2021 | $2,479 | $192,526 | $0 | $192,526 |
| 2020 | $2,420 | $195,500 | $0 | $0 |
| 2019 | $2,208 | $182,325 | $0 | $182,325 |
| 2018 | $2,032 | $161,415 | $0 | $0 |
| 2017 | $1,789 | $155,975 | $0 | $0 |
| 2016 | $1,821 | $156,188 | $0 | $0 |
| 2015 | $1,877 | $156,188 | $0 | $0 |
| 2014 | $1,757 | $146,200 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | For Sale | $415,000 | 0.0% | $458 / Sq Ft |
| 06/29/2025 06/29/25 | Off Market | $415,000 | -- | -- |
| 01/27/2025 01/27/25 | Price Changed | $415,000 | 0.0% | $458 / Sq Ft |
| 01/27/2025 01/27/25 | For Sale | $415,000 | -5.7% | $458 / Sq Ft |
| 01/27/2025 01/27/25 | Off Market | $440,000 | -- | -- |
| 10/05/2024 10/05/24 | Price Changed | $440,000 | -3.3% | $485 / Sq Ft |
| 06/21/2024 06/21/24 | For Sale | $455,000 | +8.4% | $502 / Sq Ft |
| 12/02/2022 12/02/22 | For Sale | $419,900 | +3.7% | $463 / Sq Ft |
| 07/13/2022 07/13/22 | Sold | $405,000 | +76.1% | $447 / Sq Ft |
| 07/05/2022 07/05/22 | Off Market | $230,000 | -- | -- |
| 07/05/2022 07/05/22 | Off Market | $283,000 | -- | -- |
| 03/22/2021 03/22/21 | Sold | $283,000 | 0.0% | $312 / Sq Ft |
| 03/13/2021 03/13/21 | Pending | -- | -- | -- |
| 03/11/2021 03/11/21 | For Sale | $283,000 | +23.0% | $312 / Sq Ft |
| 08/09/2019 08/09/19 | Sold | $230,000 | -3.8% | $254 / Sq Ft |
| 07/06/2019 07/06/19 | Pending | -- | -- | -- |
| 06/08/2019 06/08/19 | For Sale | $239,000 | -- | $264 / Sq Ft |
Source: Central Panhandle Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | None Listed On Document | |
| Warranty Deed | $283,000 | Attorney | |
| Warranty Deed | $230,000 | Limestone Title & Escrow Llc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $195,500 | Commercial | |
| Previous Owner | $55,200 | Stand Alone Second |
Source: Public Records
Similar Homes in the area
Source: Central Panhandle Association of REALTORS®
MLS Number: 756629
APN: 40000-650-350
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