$474,000

Shores of Panama 9900 S Thomas Dr Unit 721 Panama City, FL 32408

Estimated payment $7,990/month

Total Views 352
2 Beds
3 Baths
1,184 Sq Ft
$400 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • J.R. Arnold High School Rated A-
  • Indoor Pool
  • Gated Parking

About This Home

LOW FLOOR ALERT! Coveted 7th-Floor Condo with Same-Level Parking - Turn-Key 2BR/3BA at Shores of Panama
Welcome to Unit 721, a beautifully updated and fully furnished condo in one of Panama City Beach's most iconic Gulf-front resorts. This 2 bedroom, + Bunkroom, 3 bathroom layout is a standout, featuring two private en-suite bedrooms plus a separate bunk room with its own full bath. Sleeps 8 comfortably and efficiently, making it ideal for personal use or strong rental performance.
This low-floor unit is a true convenience find: the dedicated, assigned parking space is located on the same floor as the condo—no elevators, no hassle. Inside, the space is completely turn-key with modern finishes, coastal décor, and gorgeous tile flooring throughout. The living room and kitchen offer a direct Gulf view, giving you the beauty of the beach the moment you step inside.
Mechanical updates include an A/C and water heater that are approximately five years old, providing peace of mind and reduced ownership costs.
Shores of Panama offers exceptional resort-style amenities, including:
• 500 feet of private Gulf frontage
• A 14,000 sq. ft. zero-entry lagoon pool
• Hot tub, heated indoor pool and hot tub
• Fitness center
• Two full-service bars and seasonal food service
• 24/7 security
• High-speed internet, on-site events, and chair rentals
The building is currently undergoing a major exterior improvement and painting project, with balconies temporarily closed. Once completed, the resort will be beautifully refreshed and positioned for even stronger future appeal.
Located in the heart of Panama City Beach, you're steps from Pineapple Willy's and minutes from Pier Park, shopping, dining, and St. Andrews State Park.
This unit is rental-ready, beautifully maintained, and offers both present value and long-term upside. Schedule your private viewing today to experience everything Unit 721 has to offer. Call your favorite Realtor and make an appointment today!

Listing Agent

Barbara Wade

Beachy Beach Real Estate License #BK3425752 Listed on: 11/15/2025

Beachy Beach Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,245

Year Built

  • Built in 2007

HOA Fees

  • $5,055 Monthly HOA Fees

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Security Gate

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Covered Space
  • Gated Parking

Pool

  • Indoor Pool
  • In Ground Pool
  • Gunite Pool

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Additional Features

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include management, cable TV, fitness facility, insurance, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, water
  • High-Rise Condominium
  • Shores Of Panama Phase II Subdivision

Amenities

  • Game Room
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,245

Year Built

Built in 2007

Lot Details

0

HOA Fees

$5,055 per month

Listing Details

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

Interior Features

  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Window Treatments
  • Spa Features: Community
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Flooring: Tile
  • Dining Room Type: Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: Gunite, Indoor, In Ground, Community
  • View: Gulf, Other
  • View: Yes
  • Waterfront Features: Gulf, Other, Shoreline - Sand, See Remarks, Waterfront
  • Waterfront: Yes
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Parking Features: Gated
  • Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, Trash Collection
  • Security Features: Building Security, Gated with Guard, Gated Community, 24 Hour Security, Security Gate, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 15164.88
  • Community Features: Beach, Elevator, Fitness Center, Pool, Waterfront, Gated, Short Term Rental Allowed
  • Amenities: Other, See Remarks, Game Room, Gated, Gazebo, Barbecue, Spa/Hot Tub
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Water

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Waterfront
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5245.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Map

About Shores of Panama

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $4,896 $319,042 -- --
2023 $4,896 $290,038 $0 $0
2022 $3,357 $263,671 $0 $0
2021 $3,010 $239,701 $0 $239,701
2020 $2,706 $218,440 $0 $0
2019 $2,832 $233,750 $0 $0
2018 $2,684 $216,750 $0 $0
2017 $2,400 $210,375 $0 $0
2016 $2,442 $210,375 $0 $0
2015 $2,462 $205,700 $0 $0
2014 $2,438 $203,915 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2025 11/15/25 For Sale $474,000 -- $400 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 Defender Title & Escrow
Special Warranty Deed $275,000 Attorney
Special Warranty Deed $11,141,700 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,000 New Conventional
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 781708

Central Panhandle Association of REALTORS®

APN: 40000-675-080

Florida Bay County Panama City 32407

9900 S Thomas Dr Unit 721, Panama City, FL

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Nearby Homes
Barbara Wade
Listing Agent
Barbara Wade
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Beachy Beach Real Estate
(448) 327-3735