NOT LISTED FOR SALE

Shores of Panama 9900 S Thomas Dr Unit 2122 Panama City Beach, FL 32408

Estimated Value: $519,000 - $607,000

2 Beds
2 Baths
1,453 Sq Ft
$1,014/mo HOA Fee

Last Sold May 20, 2021

Last sale price $385,000 $265 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,417/month

32 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Community Pool
  • J.R. Arnold High School Rated A-
  • Great Room
  • Balcony

About This Home

As of May 2021

This luxurious condo with exclusive views from the 21st floor is in a rental machine, Shores of Panama, with the best lagoon pool on the beach. This listing is part of a bulk ownership with six other units identical to this unit.

Last Agent to Sell the Property

Elwood Junot

Lifes a Beach Luxury Real Estate License #3047657 Listed on: 04/08/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,455

Year Built

  • Built in 2007

Lot Details

  • 87

HOA Fees

  • $1,014 Monthly HOA Fees

Parking

  • Deeded Parking

Interior Spaces

  • 1,453 Sq Ft Home
  • Great Room
  • Dryer

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Additional Features

Listing and Financial Details

  • Assessor Parcel Number 40000-675-263

Community Details

Overview

  • Association fees include accounting, insurance, internet service, legal, licenses/permits, management, recreational faclty, security, sewer, water, cable TV, trash
  • Shores Of Panama Subdivision

Recreation

  • Beach
  • Community Whirlpool Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,455

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,014 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SHORES OF PANAMA
  • Directions: Located next door to Pineapple Willy's Restaurant on Thomas Dr
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 2007
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Waterview:Gulf2: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Rooms:Balcony2: Yes
  • Rooms:Great Room: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range Hood, Refrigerator W/IceMk, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Appliances:StoveOven Electric: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Appliances:Range Hood: Yes

Exterior Features

  • Pool Features: Pool Type
  • View: Gulf
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Deeded
  • General Property Info:Garage2: No
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Beach, Exercise Room, Pool, TV Cable, Waterfront, Whirlpool
  • Association #2 Fee: 3040.96
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Accounting, Insurance, Internet Service, Legal, Licenses/Permits, Management, Recreational Faclty, Security, Sewer, Water, Cable TV, Trash

Schools

  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point

Lot Info

  • Parcel #: 40000-675-263
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2455.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Patel Kaushal
Bought by
Shree Varadayini Vacaton Rental Llc
Current Estimated Value
$542,251

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 19, 2021
Sold by
Panama Holdings Llc
Bought by
Patel Kaushal
Seller's Agent
Elwood Junot
Lifes a Beach Luxury Real Estate
List Price
$385,000
Sold Price
$385,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Shores Of Panama Collateral Llc
Bought by
Panama Holdings Llc
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 Buyer Sale Price Title Company
Shree Varadayini Vacaton Rental Llc $100 None Listed On Document
Patel Kaushal $385,000 Attorney
Panama Holdings Llc $11,141,700 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $385,000 0.0% $265 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $385,000 -- $265 / Sq Ft
Source: Emerald Coast 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 $5,453 $510,000 -- $510,000
2023 $5,453 $510,000 $0 $510,000
2022 $3,879 $327,250 $0 $327,250
2021 $3,021 $217,677 $0 $0
2020 $2,455 $197,888 $0 $197,888
2019 $2,317 $188,464 $0 $188,464
2018 $2,363 $187,000 $0 $0
2017 $2,566 $225,250 $0 $0
2016 $2,612 $225,250 $0 $0
2015 $2,693 $225,250 $0 $0
2014 $2,709 $226,865 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Elwood Junot

    Seller's Agent in 2021

    Elwood Junot

    Lifes a Beach Luxury Real Estate

    (972) 415-2502

    88 in this area

    111 Total Sales

    Elwood Junot
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About Shores of Panama

Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 868747

Emerald Coast Association of REALTORS®

APN: 40000-675-263

Florida Bay County Panama City Beach 32407

9900 S Thomas Dr Unit 2122, Panama City Beach, FL

This home is located at 9900 S Thomas Dr Unit 2122, Panama City Beach, FL 32408 since 08 April 2021 and is currently estimated at $542,251, approximately $373 per square foot. This property was built in 2007. 9900 S Thomas Dr Unit 2122 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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