Shores of Panama 9900 S Thomas Dr Unit 517 Panama City Beach, FL 32408
Estimated payment $2,532/month
Highlights
- Beach
- Property fronts gulf or ocean
- 24-Hour Security
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- In Ground Pool
About This Home
EXPERIENCE COASTAL LIVING at its finest with this incredible condo opportunity just steps from the sugar-white sands and turquoise waters of the Gulf. This unit not only offers comfort and convenience, but also comes with a deeded parking spot—a rare and valuable perk in this area where spaces often sell for $30,000 and up.
Inside, you'll find an inviting layout that makes the perfect getaway for personal use or an income-producing investment. With strong rental potential, this property offers buyers the chance to enjoy their own slice of paradise while generating steady revenue when not in use.
Beyond the unit, the lifestyle is unbeatable. Spend your mornings on the beach, your afternoons exploring nearby shops and boutiques, and your evenings enjoying the wide variety of restaurants, live music, and entertainment venues the area is known for. From watersports and fishing to family attractions and vibrant nightlife, there's always something to do just outside your door. Residents and guests also have access to the only resort-style pool in all of Panama City Beach, making this property truly one of a kind.
Whether you're searching for a vacation retreat, a lucrative rental, or a place to call home by the beach, this condo offers it all—plus the added value of a deeded parking spot that sets it apart from the rest.
Listing Agent
The Wheeler Sauls Collective
Salty Marlin Realty LLC Listed on: 09/08/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,044
Year Built
- Built in 2007
Home Design
- Stucco
Interior Spaces
- Ceiling Fan
- Window Treatments
- Living Room
- Tile Flooring
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Home Security
Parking
- Secured Garage or Parking
- Deeded Parking
- Assigned Parking
Outdoor Features
- In Ground Pool
- Deeded access to the beach
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Additional Features
- Central Heating and Cooling System
Community Details
Overview
- Property has a Home Owners Association
- Association fees include cable TV, fitness facility, internet, ground maintenance, pool(s), sewer, security, trash, water
- High-Rise Condominium
- Shores Of Panama Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Elevator
Recreation
- Beach
- Park
Security
- 24-Hour Security
- Fire and Smoke Detector
- Fire Sprinkler System
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 | $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 | $2,419 | $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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/08/2025 09/08/25 | For Sale | $412,000 | -- | $454 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $253,250 | New Conventional | |
Closed | $66,200 | Stand Alone Second |
Source: Central Panhandle Association of REALTORS®
MLS Number: 778748

APN: 40000-650-086
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