$340,000
$20K PRICE DROP

Shores of Panama 9900 S Thomas Dr Unit 2212 Panama City Beach, FL 32408

Estimated payment $2,140/month

Total Views 1,242
2 Beds
2 Baths
907 Sq Ft
$375 Price per Sq Ft

Highlights

  • Property fronts gulf or ocean
  • Indoor Pool
  • Gated Parking
  • J.R. Arnold High School Rated A-
  • 24-Hour Security
  • Gated Community

About This Home

Shores of Panama - Penthouse-Level Gulf-Front | Unit 2212

Perched high above the shoreline with an unobstructed panoramic view of the Gulf of Mexico, this penthouse-level 2BR/2BA condo (sleeps 6) delivers the resort experience travelers crave and investors love. 30-foot furnished balcony serves as your private front-row seat to emerald waters and sugar-white sand. Inside, enjoy a bright coastal layout with tile throughout, stainless steel appliances, in-unit laundry, and a true second bedroom with private door, window, closet, and ensuite bathroom perfect for guest privacy. Conveniently located near the parking garage and elevators for easy access after a day on the beach.

Resort Amenities

Shores of Panama is one of Panama City Beach's most desirable short-term rental destinations thanks to its Gulf-front setting and full-service amenities:

Iconic lagoon-style pool complex with fountains and zero entry

Heated indoor pool & multiple hot tubs

24-hour fitness center

On-site tiki bar & grill, with seasonal live music and entertainment

Private beach access

Tile throughout; stainless steel kitchen; full laundry

True second bedroom with private ensuite bath

Close to parking garage & elevators for convenience

Amenity-rich resort with pools, spa, fitness, dining, and beach access

High rental demand makes this an excellent income-producing property

Listing Agent

Nick Brown

Coldwell Banker Niceville License #BK3517211 Listed on: 09/07/2025

Coldwell Banker Niceville

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,044

Year Built

  • Built in 2007

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Tile Flooring
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Gated Parking

Pool

  • Indoor Pool
  • In Ground Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Air
  • High Speed Internet

Additional Features

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, clubhouse, cable TV, fitness facility, ground maintenance, maintenance structure, pool(s), sewer, security, trash
  • High-Rise Condominium
  • Shores Of Panama Phase I Subdivision
  • 23-Story Property

Amenities

  • Community Barbecue Grill

Recreation

Security

  • 24-Hour Security
  • Gated Community
  • Storm Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,044

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Subdivision Name: Shores Of Panama Phase I
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator
  • Interior Amenities: Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 23
  • Window Features: Storm Window(s)

Exterior Features

  • Pool Features: Indoor, In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Attached, Garage, Gated
  • Garage: Yes
  • Attached Garage: Yes

Utilities

  • Utilities: Cable Connected, High Speed Internet Available
  • Security Features: Building Security, Gated Community, 24 Hour Security, Security Gate, Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Clubhouse, Pool, Waterfront, Gated
  • Amenities: Barbecue, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Fitness Facility, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4044.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

About Shores of Panama

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 $3,855 $256,252 -- --
2023 $3,855 $232,956 $0 $361,250
2022 $2,976 $211,778 $0 $0
2021 $2,479 $192,525 $0 $192,525
2020 $2,420 $195,500 $0 $195,500
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 List to Sale Price per Sq Ft
10/09/2025 10/09/25 Price Changed $340,000 -1.4% $375 / Sq Ft
10/02/2025 10/02/25 Price Changed $345,000 -2.8% $380 / Sq Ft
09/29/2025 09/29/25 Price Changed $355,000 -1.4% $391 / Sq Ft
09/07/2025 09/07/25 For Sale $360,000 -- $397 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Emerald Coast Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $176,000 Commercial
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 778454

Central Panhandle Association of REALTORS®

APN: 40000-650-387

Florida Bay County Panama City Beach 32407

9900 S Thomas Dr Unit 2212, Panama City Beach, FL

This home is located at 9900 S Thomas Dr Unit 2212, Panama City Beach, FL 32408 and is currently priced at $340,000, approximately $374 per square foot. This property was built in 2007. 9900 S Thomas Dr Unit 2212 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.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Listing Agent
Nick Brown
Section Image
Coldwell Banker Niceville
(448) 231-7682