$380,000
SOLD DEC 20, 2022

Shores of Panama 9900 S Thomas Dr Unit 1515 Panama City Beach, FL 32408

2 Beds
2 Baths
907 Sq Ft
$779/mo HOA Fee

Recently Sold

$419 Per Sq Ft

11% Below List Price

114 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • Clubhouse

About This Home

As of December 2022

NEW HVAC Installed 9/22! Get your Condo on The World's Most Beautiful Beaches with the most popular floor plan at Shores of Panama, with a Double Balcony and Master Bedroom facing the gulf! Fully Furnished with all vinyl plank tile, offered fully furnished and turn-key. Barn door completes the updates to Bunkroom to make this a 2 bedroom unit. Shores of Panama, a 23 story Tuscany style condominium complex in the heart of PCB, next to Pineapple Willy's and famous for their Massive Gulf Side Pool and Hot Tub, 2 Tiki bars, Indoor Pool, Garage Parking, and a Fitness Center! Includes One Dedicated Parking Spot on the 9th floor. Active Vacation Rental, Showings during Turnover Dates. $35,000-$45,000 Rental Income Projected. Buyer to verify all information deemed necessary

Last Agent to Sell the Property

Henry Brigmond

Beachy Beach Real Estate License #3460159 Listed on: 08/13/2022

Beachy Beach Real Estate

Last Buyer's Agent

Joshua Hoey

Think Real Estate License #SL3447224

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,479

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $779 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Permit Required
  • Assigned Parking
  • Community Parking Structure

Home Design

  • Stucco

Interior Spaces

  • 907 Sq Ft Home
  • Furnished
  • Bookcases
  • Ceiling Fan
  • Stacked Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • Deeded access to the beach

Schools

  • Breakfast Point Elementary And Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

  • Association fees include cable TV, internet, legal/accounting, ground maintenance, pest control, pool(s), sewer, security, water
  • 709 Units
  • Evm Association
  • High-Rise Condominium
  • Shores Of Panama Subdivision
  • 23-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,479

Year Built

Built in 2007

Lot Details

0

HOA Fees

$779 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Road Surface Type: Paved
  • Subdivision Name: Shores Of Panama
  • Architectural Style: High Rise
  • Entry Level: 15
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Bookcases, Kitchen Island
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 907.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 23
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Permit Required, Community Structure
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Security Features: Fire Alarm, Fire Sprinkler System, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2338.0
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Other, Pool, Sauna, See Remarks, Short Term Rental Allowed, Waterfront
  • Amenities: Beach Rights
  • Association Fee Frequency: Quarterly
  • Association Name: EVM
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

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

Schools

  • Middle Or Junior School: Breakfast Point

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 709

Tax Info

  • Tax Annual Amount: 2479.0
  • Tax Year: 2021

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2025
Sold by
Stoney Point Investments Llc
Bought by
Crouch Anthony and Crouch Scarlett
Current Estimated Value
$331,613

Purchase Details

Listed on
Aug 13, 2022
Closed on
Dec 20, 2022
Sold by
Cornelius Kenneth W
Bought by
Stoney Point Investments Llc
Seller's Agent
Henry Brigmond
Beachy Beach Real Estate
Buyer's Agent
Joshua Hoey
Think Real Estate
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.12%
Source: Public Records

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Range of Values:

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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 $288,000 Cornerstone Title Agency
Warranty Deed $288,000 Cornerstone Title Agency
Warranty Deed -- --
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $380,000 -- --
12/20/2022 12/20/22 Sold $380,000 -8.4% $419 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
09/12/2022 09/12/22 Price Changed $415,000 -2.4% $458 / Sq Ft
08/13/2022 08/13/22 For Sale $425,000 -- $469 / 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 $4,579 $361,250 -- $361,250
2023 $4,579 $361,250 $0 $361,250
2022 $2,976 $211,778 $0 $0
2021 $2,479 $192,525 $0 $192,525
2020 $2,419 $195,500 $0 $195,500
2019 $2,208 $182,325 $0 $182,325
2018 $2,032 $161,415 $0 $0
2017 $1,789 $155,975 $0 $0
2016 $1,821 $156,188 $0 $0
2015 $1,877 $156,188 $0 $0
2014 $1,757 $146,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 730824

Central Panhandle Association of REALTORS®

APN: 40000-650-264