Shores of Panama 9900 S Thomas Dr Unit 2028 Panama City Beach, FL 32408
Estimated payment $5,181/month
Highlights
- Property fronts gulf or ocean
- Deeded access to the beach
- High-Rise Condominium
- J.R. Arnold High School Rated A-
- Furnished
About This Home
Drop dead gorgeous HUGE, gulf front condo at the very popular Shores of Panama Resort in Panama City Beach. Beautifully re-done kitchen and flooring. 3 full bedrooms, + bunk and 3 full baths. This condo sleeps 10 and will be a favorite with all families vacationing at their favorite resort. This condo has been completely updated, and designed beautifully. Very Turn-key and ready to scoop up all the summer season rental revenue. Every year families pour into Shores of Panama due to its unbeatable location and amenities. Currently, Shores of Panama is undergoing a major exterior facelift, and will be so beautiful when complete, which will put your investment well ahead of the others in PCB. The new Florida Condo Requirements are fast approaching for other resorts in town, and Shores of Panama will be complete, ahead of the game, and ready to capitalize maximum profit. Once Shores facelift is complete, there will be no stopping it. It will be the premier place to be in PCB. The price tag on a beachfront superior unit like this will never be again. Don't miss this opportunity to capitalize on a ''buy now price''. Adding this to your portfolio will ensure years of ROI success. Rentals will continue strong during construction. Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive lazy river style gulf-side pool and hot-tub, tiki bars, food bars, indoor pool, garage parking, and a fitness center. Easy to Show. Turn key and rental ready, nothing left to do. Your balcony overlooks the gorgeous lagoon pool & Gulf of Mexico. It also comes with a dedicated parking space.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $6,201
Year Built
- Built in 2007
HOA Fees
- $1,601 Monthly HOA Fees
Home Design
- Entry on the 20th floor
Interior Spaces
- 1,525 Sq Ft Home
- Furnished
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Additional Features
- Deeded access to the beach
Community Details
- Association fees include cable TV, internet, legal/accounting, pool(s), security
- 709 Units
- High-Rise Condominium
- Shores Of Panama Subdivision
- 23-Story Property
Map
About Shores of Panama
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 | $6,201 | $436,189 | -- | -- |
| 2023 | $6,201 | $396,535 | $0 | $0 |
| 2022 | $4,234 | $360,486 | $0 | $360,486 |
| 2021 | $3,463 | $275,885 | $0 | $275,885 |
| 2020 | $3,326 | $272,339 | $0 | $272,339 |
| 2019 | $3,432 | $284,580 | $0 | $284,580 |
| 2018 | $3,446 | $282,370 | $0 | $0 |
| 2017 | $2,919 | $256,700 | $0 | $0 |
| 2016 | $2,972 | $256,700 | $0 | $0 |
| 2015 | $3,044 | $254,915 | $0 | $0 |
| 2014 | $3,040 | $254,915 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/14/2025 04/14/25 | For Sale | $575,000 | -- | $377 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $426,000 | Attorney | |
| Special Warranty Deed | $11,141,700 | First American Title Ins Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $327,887 | New Conventional |
Source: Central Panhandle Association of REALTORS®
MLS Number: 771925
APN: 40000-675-256
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