NOT LISTED FOR SALE

Shores of Panama 9900 S Thomas Dr Unit 2219 Panama City Beach, FL 32408

Estimated Value: $431,000 - $477,000

2 Beds
3 Baths
1,184 Sq Ft
$826/mo HOA Fee

Last Sold May 27, 2021

Last sale price $344,000 $291 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,660/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 22nd 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 three 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

  • $2,530

Year Built

  • Built in 2007

Lot Details

  • 87

HOA Fees

  • $826 Monthly HOA Fees

Parking

  • Deeded Parking

Interior Spaces

  • 1,184 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
  • 3 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 40000-675-273

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

$2,530

Year Built

Built in 2007

Lot Details

0

HOA Fees

$826 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: SHORES OF PANAMA
  • Directions: Next 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: 3
  • 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: 2477.98
  • 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 #: 40000-675-273
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2530.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 26, 2021
Sold by
Panama Holdings Llc
Bought by
Nanavati Dhaval and Nanavati Sonal
Seller's Agent
Elwood Junot
Lifes a Beach Luxury Real Estate
List Price
$344,000
Sold Price
$344,000
Current Estimated Value
$447,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,241
Avg. Annual Appreciation
6.32%

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
Not Available
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
Nanavati Dhaval $344,000 Attorney
Panama Holdings Llc $11,141,700 First American Title Ins Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $344,000 0.0% $291 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $344,000 -- $291 / 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 $4,810 $364,605 -- --
2023 $4,810 $428,400 $0 $0
2022 $3,521 $301,326 $0 $301,326
2021 $2,478 $191,302 $0 $191,302
2020 $2,530 $203,149 $0 $203,149
2019 $2,653 $217,387 $0 $217,387
2018 $2,684 $216,750 $0 $0
2017 $2,400 $210,375 $0 $0
2016 $2,442 $210,375 $0 $0
2015 $2,462 $205,700 $0 $0
2014 $2,438 $203,915 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 868751

Emerald Coast Association of REALTORS®

APN: 40000-675-273