$362,000
SOLD APR 26, 2024
1 Bed
2 Baths
936 Sq Ft
$853/mo HOA Fee

Recently Sold

$387 Per Sq Ft

12% Below List Price

140 Days on Market

Highlights

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

About This Home

As of April 2024

OWNER FINANCING AVAILABLE!! ARE YOU SELF-EMPLOYED AND DON'T WANT TO DEAL WITH THE BANKS FIRST-HAND? TAKE ADVANTAGE OF THIS OPPORTUNITY TO CASH FLOW!! LET'S MAKE THIS HAPPEN FOR YOU AS THE 2024 SEASON KICKS INTO GEAR!!!COMES WITH 2 PARKING SPOTS, ONE DEEDED AND ONE ASSIGNED!!!Welcome to Paradise at Shores Of Panama, a stunning resort nestled along the serene Gulf of Mexico coastline located in the Panhandle. This exquisite listing offers the perfect blend of luxury and coastal living with breathtaking views and an array of resort-style amenities.Upon entering this meticulously chic unit, you'll be greeted by breathtaking views of the Gulf of Mexico from the spacious living area, thanks to the floor-to-ceiling windows that bathe the space in natural light. Imagine waking up to the sound of waves and enjoying your morning coffee on the private balcony overlooking the pristine white sandy beaches.The grand master suite is a true sanctuary, boasting side views of the Gulf of Mexico from the windows, the kitchen is fully equipped with modern stainless steel appliances, granite countertops, and ample cabinet space, making it a home away from home. Also, it features LVP flooring through the living areas, tile in the bathrooms, EXTRA owners storage on the same floor, a bunk room with barn door to provide privacy, and coastal chic furnishings that creates a warm cozy feel but also brings out that coastal vibe. Step outside onto your private balcony and revel in the awe-inspiring views from the Penthouse!! Savor your morning coffee while watching the sunrise over the horizon and the dolphins play in the distance or unwind at the end of the day with a glass of wine as you witness the vibrant sunset painting the sky with an array of colors. This outdoor oasis invites you to relax, unwind, and create lasting memories. Located within an exclusive resort-style complex, owners and guests can take advantage of a multitude of premium amenities. Dive into the sparkling pool or lounge in the sun on the expansive sun deck. Stay active with the fitness center or tip your toes in the white powdery sand as you walk directly down to the beach. Additional conveniences include covered parking , deeded parking space, secure entry, and 24-hour security.Don't miss the opportunity to own this exquisite beachfront ''Penthouse'' unit!! Embrace the coastal lifestyle and make this luxurious condo your very own piece of paradise. Experience the ultimate coastal living at 9900 Thomas Dr 2326, where every day feels like paradise. Contact us today for a private showing.

Last Agent to Sell the Property

Ramone Silvera

Salty Marlin Realty LLC Listed on: 11/19/2023

Last Buyer's Agent

Inga Brown

Counts Real Estate Group License #CQ1023433

Counts Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,107

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $853 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Deeded Parking

Home Design

  • Newly Painted Property
  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Storage
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Private Pool
  • Patio

Schools

  • Hutchison Beach Elementary School
  • Breakfast Point Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include cable TV, internet, ground maintenance, pool(s), security, trash, water
  • High-Rise Condominium
  • Shores Of Panama Phase II Subdivision

Amenities

  • Elevator
  • Community Storage Space

Recreation

Security

  • 24-Hour Security
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,107

Year Built

Built in 2007

Lot Details

0

HOA Fees

$853 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: 0*0
  • Subdivision Name: Shores Of Panama Phase II
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor
  • Interior Amenities: Breakfast Bar, High Ceilings, New Paint, Pantry, Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 936.0
  • Dining Room Type: Bedroom
  • Stories: 1
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Private, Community
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony, Patio
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Deeded
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, High Speed Internet Available, Sewer Connected, Trash Collection, Water Connected
  • Security Features: Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2559.21
  • Community Features: Elevator, Fitness Center, Gated, Other, Pool, Storage Facilities, See Remarks, Short Term Rental Allowed, Waterfront
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Cable TV, Internet, Maintenance Grounds, Pool(s), Security, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

MLS Schools

  • Elementary School: Hutchison Beach
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2023
Closed on
Apr 26, 2024
Sold by
Worley Gloria Nan
Bought by
Mitchell Dannan Brent
Seller's Agent
Ramone Silvera
Salty Marlin Realty LLC
Buyer's Agent
Inga Brown
Counts Real Estate Group
List Price
$410,000
Sold Price
$362,000
Premium/Discount to List
-$48,000
-11.71%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.32%
Original Mortgage
$262,000
Outstanding Balance
$258,319
Interest Rate
6.87%
Mortgage Type
Seller Take Back
Estimated Equity
$96,987

Purchase Details

Listed on
Jan 24, 2022
Closed on
Feb 4, 2022
Sold by
Heft and Amy
Bought by
Worley Gloria Nan
Seller's Agent
Kelly Zarda
Emerald Coast Real Estate & Vacations LLC
Buyer's Agent
Deanna Carswell
EXP Realty LLC
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.16%

Purchase Details

Closed on
Sep 13, 2019
Sold by
Welchel Kevin M and Domangue Barry J
Bought by
Helt Richard and Helt Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.45%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 26, 2016
Sold by
Marshall Marshall J and Marshall Courter R
Bought by
Welchel Kevin M and Somague Barry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 15, 2016
Sold by
Dow Jerry A and Dow Nancy D
Bought by
Marshall J W and Marshall Courter R

Purchase Details

Listed on
Jul 2, 2012
Closed on
Jul 12, 2012
Sold by
Shores Of Panama Llc
Bought by
Dow Jerry A and Dow Nancy A
Seller's Agent
Gabriel Stephani
Star Real Estate Association
Buyer's Agent
J3/Jim Hodges III
Counts Real Estate Group Inc
List Price
$166,500
Sold Price
$166,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.90%
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 Type Sale Price Title Company
Warranty Deed $362,000 Burg Title
Warranty Deed $362,000 Burg Title
Warranty Deed $380,000 None Listed On Document
Warranty Deed $250,000 Mti Title Insurance Agcy Inc
Warranty Deed $205,000 Mti Title Ins Agency Inc
Warranty Deed $202,000 First American Title Ins Co
Special Warranty Deed $166,500 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $262,000 Seller Take Back
Closed $262,000 Seller Take Back
Previous Owner $200,000 Adjustable Rate Mortgage/ARM
Previous Owner $164,000 Balloon
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Price Changed $359,000 +2.9% $384 / Sq Ft
08/06/2025 08/06/25 Price Changed $349,000 -2.8% $373 / Sq Ft
07/18/2025 07/18/25 Price Changed $359,000 -1.5% $384 / Sq Ft
07/09/2025 07/09/25 For Sale $364,500 +0.7% $389 / Sq Ft
04/26/2024 04/26/24 Sold $362,000 -3.2% $387 / Sq Ft
03/25/2024 03/25/24 Price Changed $374,000 -1.3% $400 / Sq Ft
03/13/2024 03/13/24 Price Changed $379,000 -1.6% $405 / Sq Ft
03/05/2024 03/05/24 Price Changed $385,000 -1.0% $411 / Sq Ft
01/31/2024 01/31/24 Price Changed $389,000 -2.5% $416 / Sq Ft
12/13/2023 12/13/23 Price Changed $399,000 -2.7% $426 / Sq Ft
11/19/2023 11/19/23 For Sale $410,000 +146.2% $438 / Sq Ft
07/05/2022 07/05/22 Off Market $166,500 -- --
07/05/2022 07/05/22 Off Market $380,000 -- --
02/04/2022 02/04/22 Sold $380,000 -3.8% $406 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $395,000 +137.2% $422 / Sq Ft
07/02/2012 07/02/12 Sold $166,500 0.0% $178 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $166,500 -- $178 / Sq Ft
Source: Central Panhandle 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 $4,107 $322,958 -- $322,958
2023 $4,107 $322,958 $0 $322,958
2022 $2,674 $193,545 $0 $0
2021 $2,284 $175,950 $0 $175,950
2020 $2,246 $179,520 $0 $179,520
2019 $2,084 $178,500 $0 $178,500
2018 $1,855 $144,925 $0 $0
2017 $1,906 $166,388 $0 $0
2016 $1,911 $164,050 $0 $0
2015 $1,929 $160,608 $0 $0
2014 $1,786 $148,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 749434

Central Panhandle Association of REALTORS®

APN: 40000-675-293