$349,900
PENDING $45K PRICE DROP

Shores of Panama 9900 S Thomas Dr Unit 1604 Panama City, FL 32408

Estimated payment $2,332/month

Total Views 11,119
2 Beds
3 Baths
1,148 Sq Ft
$305 Price per Sq Ft

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

Motivated seller! Make an offer on this fantastic condo! The beach getaway you've been dreaming of at the ever-popular Shores of Panama! This beautifully decorated, beach-inspired 2-bedroom + bunks, 3-bath Gulf-front condo is fully equipped for rentals and boasts a strong, seasoned rental history. Comfortably sleeping 8, the unit features breathtaking Gulf views framed by fresh, decorator-perfect interiors designed with the beach and sun in mind. Recent upgrades within the past 3 years elevate this unit to standout status, including new quartz countertops and shiplap accents on the kitchen bar, a stylish shiplap feature wall in the dining area, brand-new built-in bunk beds with a custom barn door for privacy, and fresh paint throughout. Both the bedroom and living room have been fully refurnished with new, coastal-chic pieces that enhance the relaxing atmosphere. Step onto the balcony to enjoy warm Gulf breezes and panoramic views of the emerald coastline. The gourmet kitchen offers ample cabinet space and comes fully stocked and rental ready. Don't miss this turn-key opportunity in one of Panama City Beach's most desirable resorts!

Listing Agent

John Skinner Jr.

Keller Williams Realty Emerald License #3226343 Listed on: 06/12/2025

Keller Williams Realty Emerald

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,621

Year Built

  • Built in 2007

Parking

  • Garage

Home Design

  • Stucco

Interior Spaces

  • Ceiling Fan
  • Recessed Lighting
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Central Air

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, fitness facility, insurance, legal/accounting, ground maintenance, pest control, sewer, trash, water
  • High-Rise Condominium
  • Shores Of Panama Phase I Subdivision

Amenities

  • Sauna
  • Elevator

Recreation

  • Beach

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,621

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: CONDO
  • Subdivision Name: Shores Of Panama Phase I
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Pantry, Recessed Lighting, Split Bedrooms, Window Treatments
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Tile
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Available, Trash Collection
  • Security Features: 24 Hour Security, Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Beach, Clubhouse, Elevator, Fitness Center, Pool, Sauna
  • Amenities: Other, See Remarks, Beach Rights
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Fitness Facility, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5621.0
  • 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 $5,502 $441,915 -- $441,915
2023 $5,502 $441,915 $0 $441,915
2022 $3,541 $297,500 $0 $297,500
2021 $3,025 $238,000 $0 $238,000
2020 $3,056 $246,024 $0 $246,024
2019 $2,631 $227,800 $0 $227,800
2018 $2,322 $186,150 $0 $0
2017 $2,042 $178,500 $0 $0
2016 $2,399 $206,640 $0 $0
2015 $2,261 $188,700 $0 $0
2014 $2,226 $185,980 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 Pending -- -- --
09/04/2025 09/04/25 Price Changed $349,900 -9.1% $305 / Sq Ft
08/11/2025 08/11/25 Price Changed $385,000 -2.5% $335 / Sq Ft
06/11/2025 06/11/25 For Sale $395,000 +113.5% $344 / Sq Ft
06/20/2022 06/20/22 Off Market $185,000 -- --
12/29/2012 12/29/12 Sold $185,000 -24.5% $161 / Sq Ft
12/29/2012 12/29/12 Pending -- -- --
11/30/2011 11/30/11 For Sale $245,000 -- $213 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 --
Warranty Deed $305,000 Setco Services Llc
Warranty Deed $295,000 Mti Title Ins Agency Inc
Warranty Deed $223,000 Mti Title Ins Agency Inc
Warranty Deed $185,000 H&S Title & Escrow Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,500 New Conventional
Previous Owner $259,250 New Conventional
Previous Owner $221,250 Adjustable Rate Mortgage/ARM
Previous Owner $173,940 Seller Take Back
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 774787

Central Panhandle Association of REALTORS®

APN: 40000-650-271