Shores of Panama 9900 S Thomas Dr Unit 825 Panama City, FL 32408
Estimated payment $2,239/month
Highlights
- Beach
- Property fronts gulf or ocean
- Heated Indoor Pool
- J.R. Arnold High School Rated A-
- Deeded access to the beach
- 24-Hour Security
About This Home
This Type-N floor plan features 1 bedroom plus a bunk area with a barn door, 2 full bathrooms, in-unit laundry, and a deeded parking spot conveniently located on the same level. The condo is fully furnished and turn-key, highlighted by new luxury floating LVP flooring, flat-screen TVs in all rooms, stainless steel appliances in the kitchen, and privacy curtains in the living room and bedroom.
The seller self-manages the unit with rental income of $55,873 in 2023 and $59,941 in 2024. Enjoy breathtaking sunsets from the west-facing balcony, overlooking the turquoise Gulf waters and vibrant pool scene, and take in stunning sunrise views from the primary bedroom window on the east side of Panama City Beach.
Shores of Panama Resort features the largest Gulf-front lagoon pool in Panama City Beach. This zero-entry tropical pool includes palm-lined islands, fountains, and a spacious hot tub, all set against resort guest exclusive beachfront access. Guests enjoy an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. The resort's prime location puts dining, shopping, and attractions within walking distance. Pineapple Willy's is right next door for beachfront dining, and Laketown Wharf, located across the street, offers multiple restaurant options, including The Wharf Buffet, Juan Taco, and LuLu's Bar & Resto. Covered parking, complimentary Wi-Fi, and on-site security enhance the guest experience, making Shores of Panama a sought-after destination for beachfront vacations.
All information and HOA fees are deemed accurate but should be verified by buyers if important.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,107
Year Built
- Built in 2007
Parking
- 1 Car Garage
- Deeded Parking
Interior Spaces
- Window Treatments
- Living Room
- Tile Flooring
- Smart Thermostat
- Stacked Washer and Dryer
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Pool
- Heated Indoor Pool
- Heated In Ground Pool
Outdoor Features
- Deeded access to the beach
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- High Speed Internet
Additional Features
- Reinforced Floors
Community Details
Overview
- Property has a Home Owners Association
- Association fees include cable TV, fitness facility, insurance, internet, legal/accounting, ground maintenance, pool(s), sewer, water
- 709 Units
- High-Rise Condominium
- Shores Of Panama Phase I Subdivision
- 23-Story Property
Amenities
- Community Barbecue Grill
- Business Center
- Elevator
Recreation
- Beach
- Community Playground
- Park
Security
- 24-Hour Security
- 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 | $4,107 | $322,958 | -- | $322,958 |
| 2023 | $4,107 | $322,958 | $0 | $322,958 |
| 2022 | $2,890 | $243,100 | $0 | $243,100 |
| 2021 | $2,138 | $163,633 | $0 | $163,633 |
| 2020 | $2,083 | $166,953 | $0 | $166,953 |
| 2019 | $2,010 | $166,005 | $0 | $166,005 |
| 2018 | $1,855 | $144,925 | $0 | $0 |
| 2017 | $1,906 | $166,388 | $0 | $0 |
| 2016 | $1,911 | $164,050 | $0 | $0 |
| 2015 | $1,929 | $160,608 | $0 | $0 |
| 2014 | $1,786 | $148,665 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/01/2025 02/01/25 | For Sale | $360,000 | -- | $385 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,000 | New Title Company Name | |
| Warranty Deed | $262,000 | Attorney | |
| Special Warranty Deed | $10,804,100 | First American Title Ins Co |
Source: Central Panhandle Association of REALTORS®
MLS Number: 768057
APN: 40000-675-097
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.
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.
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