$167,000
SOLD APR 9, 2012

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

1 Bed
2 Baths
980 Sq Ft
$464/mo HOA Fee

Recently Sold

$170 Per Sq Ft

1% Below List Price

193 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Sauna
  • J.R. Arnold High School Rated A-
  • Heated Indoor Pool
  • Clubhouse

About This Home

As of April 2012

NOT A SHORT SALE!!! The Shores of Panama is the Jewel of Panama City Beach offering resort style ammenities including 13,966 SF Lagoon Style, Gulf front pool and huge hot tub, large heated indoor pool & hot tub, health and fitness center, spa, sauna, massage therapy and steam room, 2 tiki bars serving lunch and dinner, Kids Club activity program, meeting spaces, covered on-site parking deck and on-site reservation desk. Breathtaking views from this gulf front unit. The Shores of Panama is a renters dream. This spacious 8th floor unit has a large bedroom and bunk area, 2 full baths and sleeps 6. Property to convey unfurnished but furnishing could be purchased directly from seller. Owner is also offering unit 1010 and will consider a discount if you purchase both units.

Last Agent to Sell the Property

Robert Russ

Beachy Beach Real Estate License #3094016 Listed on: 09/29/2011

Last Buyer's Agent

Chris Charles

Counts Real Estate Group Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,713

Year Built

  • Built in 2007

Lot Details

  • Landscaped

HOA Fees

  • $464 Monthly HOA Fees

Parking

  • Garage

Home Design

  • Stucco

Interior Spaces

  • 980 Sq Ft Home
  • Ceiling Fan
  • Track Lighting
  • Double Pane Windows
  • Dining Room
  • Sauna
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Pool

  • Heated Indoor Pool
  • Heated In Ground Pool

Outdoor Features

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, internet, ground maintenance, pool(s), recreation facilities, sewer, security, trash, water
  • High-Rise Condominium
  • Shores Of Panama Phase I Subdivision

Amenities

  • Sauna
  • Meeting Room
  • Elevator

Recreation

  • Beach

Security

  • Security Service
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,713

Year Built

Built in 2007

Lot Details

0

HOA Fees

$464 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: Condo
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Co List Office Mls Id: BBBI
  • Co List Office Phone: (850) 233-4351
  • Subdivision Name: Shores Of Panama Phase I
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Disposal, Self Cleaning Oven
  • Interior Amenities: Breakfast Bar, Track Lighting
  • Spa Features: Sauna
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Door Features: Storm Door(s)
  • Living Area: 980.0
  • Dining Room Type: Dining Room, Kitchen, Primary Bedroom
  • Window Features: Double Pane Windows, Storm Window(s)
  • ResoLivingAreaSource: Plans

Exterior Features

  • Pool Features: Electric Heat, Indoor, In Ground, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Covered, Garage
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Trash Collection, Water Connected
  • Security Features: Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 464.0
  • Community Features: Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Other, Sauna, Shopping, See Remarks
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Insurance, Internet, Maintenance Grounds, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Landscaped, Waterfront

Rental Info

  • Lease Term: Weekly

Tax Info

  • Tax Annual Amount: 1713.0
  • Tax Year: 2010

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2011
Closed on
Apr 9, 2012
Sold by
Rudd Del L
Bought by
Reddy Adla D and Reddy Sridevi
Seller's Agent
Robert Russ
Beachy Beach Real Estate
Buyer's Agent
Chris Charles
Counts Real Estate Group Inc
List Price
$169,000
Sold Price
$167,000
Premium/Discount to List
-$2,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$100,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2010
Sold by
Osterholt Jane A and Osterholt Robert E
Bought by
Rudd Del L
Source: Public Records

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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 $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

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®

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 $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

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 500445

Central Panhandle Association of REALTORS®

APN: 40000-650-125