$335,000
$24K PRICE DROP

Shores of Panama 9900 S Thomas Dr Unit 802 Panama City Beach, FL 32408

Estimated payment $2,968/month

Total Views 1,457
1 Bed
2 Baths
980 Sq Ft
$342 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Community
  • J.R. Arnold High School Rated A-
  • In Ground Pool
  • Clubhouse

About This Home

Welcome to Unit 802 at Shores of Panama, a rare Gulf front end unit offering fully unobstructed views of the Gulf. Located on the 8th floor, this condo INCLUDES A RARE DEEDED PARKING SPACE on the same level as the skybridge walkover--making access seamless without the wait for elevators. This turnkey, rental-ready condo features a spacious one-bedroom layout plus a private bunk room with its own full bathroom, providing ideal accommodations for guests or family. The unit is fully furnished and tastefully decorated, with a well-equipped kitchen and a private balcony perfectly positioned for enjoying the sunsets over the Gulf. Shores of Panama is known for its impressive amenities, including a massive lagoon-style beachfront pool, an indoor heated pool, hot tub, on-site tiki bars (seasonal), coffee shop, fitness center, and 24/7 security. Perfectly situated next to Pineapple Willy's and within walking distance to dining, shopping, and entertainment--with a grocery store conveniently located across the street--this unit has a solid short-term rental history and offers exceptional value whether you're looking for a personal getaway or an income-producing property.

Listing Agent

Nathan Lawrence

Legacy Premier Agency License #3107484 Listed on: 05/29/2025

Co-Listing Agent

Kurt Fadden

Legacy Premier Agency License #SL3484044

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,099

Year Built

  • Built in 2007

HOA Fees

  • $804 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking

Interior Spaces

  • 980 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Track Lighting
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Central Heating and Cooling System

Community Details

Overview

  • Association fees include clubhouse, fitness facility, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), trash, water
  • High-Rise Condominium
  • Shores Of Panama Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Business Center
  • Laundry Facilities
  • Elevator

Recreation

  • Beach
  • Community Playground
  • Park

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,099

Year Built

Built in 2007

Lot Details

0

HOA Fees

$804 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: 0 x 0
  • Co List Office Mls Id: LPA
  • Co List Office Phone: (850) 468-2100
  • Subdivision Name: Shores Of Panama
  • Architectural Style: High Rise
  • Entry Level: 8
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Track Lighting
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 980.0
  • Dining Room Type: Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: In Ground, Pool, Community
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Deeded
  • Garage: Yes

Utilities

  • Security Features: Gated Community
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 2411.1
  • Community Features: Barbecue, Beach, Business Center, Clubhouse, Elevator, Laundry Facilities, Playground, Park, Short Term Rental Allowed, Waterfront, Gated, Pool
  • Amenities: Business Center, Gated, Gazebo, Barbecue, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Zoning Description: Resid Multi-Family

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 4099.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

Range of Values:

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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 $3,946 $268,419 -- --
2023 $3,946 $244,017 $0 $0
2022 $3,238 $221,834 $0 $0
2021 $2,741 $201,667 $0 $0
2020 $2,443 $202,725 $0 $0
2019 $2,251 $195,500 $0 $0
2018 $1,918 $151,515 $0 $0
2017 $1,739 $151,515 $0 $0
2016 $1,833 $157,250 $0 $0
2015 $2,090 $171,760 $0 $0
2014 $1,915 $156,145 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Price Changed $335,000 -6.7% $342 / Sq Ft
05/29/2025 05/29/25 For Sale $359,000 +115.0% $366 / Sq Ft
06/20/2022 06/20/22 Off Market $167,000 -- --
04/09/2012 04/09/12 Sold $167,000 -1.2% $170 / Sq Ft
03/10/2012 03/10/12 Pending -- -- --
09/29/2011 09/29/11 For Sale $169,000 -- $172 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $167,000 None Available
Warranty Deed $160,000 Northwest Fl Title Svcs Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 New Conventional
Source: Public Records

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Source: Central Panhandle Association of REALTORS®

MLS Number: 774116

Central Panhandle Association of REALTORS®

APN: 40000-650-125