$330,000
SOLD OCT 9, 2024

Shores of Panama 9900 S Thomas Dr Unit 2117 Panama City Beach, FL 32408

2 Beds
2 Baths
907 Sq Ft
$1,101/mo HOA Fee

Recently Sold

$364 Per Sq Ft

24% Below List Price

320 Days on Market

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

As of October 2024

Welcome to your dream beachfront oasis in Panama City Beach, FL! Nestled along the pristine shores of the Gulf of Mexico, this fully furnished 2 bedroom, 2 bath condo offers the ultimate in coastal living. Imagine waking up to the gentle sounds of waves crashing against the shore and stepping onto your private balcony to witness breathtaking sunrises over the sparkling waters. Dive into luxury with access to fantastic amenities, including an indoor heated pool for year-round enjoyment, an outdoor pool perfect for soaking up the Florida sunshine, and a complete gym to keep you fit and energized. Convenience is key with your own designated parking spot, ensuring hassle-free arrivals and departures. Plus, with the potential for lucrative rental income, this condo presents an incredible investment opportunity for those seeking to capitalize on Panama City Beach's thriving vacation rental market. Rest easy knowing that all special assessments for the updated balcony have been paid in full, allowing you to simply relax and indulge in the coastal lifestyle you've always dreamed of. Don't miss out on this slice of paradise - schedule your private tour today!

Last Agent to Sell the Property

Christina Samples

Coastal Palms Real Estate License #SL3156233 Listed on: 11/08/2023

Last Buyer's Agent

Ellie Avery

CENTURY 21 Ryan Realty Inc

CENTURY 21 Ryan Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,387

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $1,101 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Gate
  • Deeded Parking
  • Assigned Parking

Interior Spaces

  • 907 Sq Ft Home
  • Furnished
  • Sauna
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

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
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, insurance, internet, ground maintenance, playground, pool(s), sewer, security, trash, water
  • Shorefront Rentals Association
  • High-Rise Condominium
  • Shores Of Panama Phase I Subdivision
  • 24-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Sauna

Recreation

  • Beach
  • Community Spa

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,387

Year Built

Built in 2007

Lot Details

0

HOA Fees

$1,101 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Lot Size: Gulf front condo
  • Subdivision Name: Shores Of Panama Phase I
  • Architectural Style: High Rise
  • Entry Level: 21
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Spa Features: Community, Sauna
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 907.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 24
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Gas Heat, Indoor, In Ground, Community, Pool
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Waterfront
  • Waterfront: Yes
  • Exterior Features: Built-in Barbecue, Balcony, Pool
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Assigned, Deeded, Electric Gate, Garage, Gated
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Security Features: Fire Alarm, Fire Sprinkler System, Gated with Guard, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 3302.97
  • Community Features: Barbecue, Beach, Other, Sauna, See Remarks, Short Term Rental Allowed, Waterfront, Pool
  • Amenities: Beach Rights, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association Name: Shorefront Rentals
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

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

Schools

  • Middle Or Junior School: Breakfast Point

Lot Info

  • Lot Features: Waterfront

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 3387.0
  • Tax Year: 2022

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Oct 9, 2024
Sold by
Nguyen Kim Hoang Hiep and Nguyen Hien Huu
Bought by
Casa Linda Llc
Seller's Agent
Christina Samples
Coastal Palms Real Estate
Buyer's Agent
Ellie Avery
CENTURY 21 Ryan Realty Inc
List Price
$435,000
Sold Price
$330,000
Premium/Discount to List
-$105,000
-24.14%
Views
157
Current Estimated Value
$333,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,583
Avg. Annual Appreciation
4.84%

Purchase Details

Listed on
Oct 22, 2021
Closed on
Nov 24, 2021
Sold by
Lee Stollard Durwin
Bought by
Nguyen Hien Hun and Nguyen Hiep Kim
Seller's Agent
Gabriel Stephani
Pineapple Properties
Buyer's Agent
Chris Samples
Real Broker LLC
List Price
$359,000
Sold Price
$350,000
Premium/Discount to List
-$9,000
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.02%
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 $330,000 Defender Title & Escrow
Warranty Deed $350,000 Florida Land Title & Trust
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $330,000 -5.7% $364 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
08/08/2024 08/08/24 Price Changed $350,000 -2.8% $386 / Sq Ft
07/08/2024 07/08/24 Price Changed $360,000 -2.7% $397 / Sq Ft
05/21/2024 05/21/24 Price Changed $370,000 -2.6% $408 / Sq Ft
04/15/2024 04/15/24 Price Changed $380,000 -4.7% $419 / Sq Ft
03/19/2024 03/19/24 Price Changed $398,800 0.0% $440 / Sq Ft
02/20/2024 02/20/24 Price Changed $398,900 0.0% $440 / Sq Ft
02/05/2024 02/05/24 Price Changed $399,000 -4.9% $440 / Sq Ft
02/01/2024 02/01/24 Price Changed $419,600 0.0% $463 / Sq Ft
01/23/2024 01/23/24 Price Changed $419,700 0.0% $463 / Sq Ft
01/18/2024 01/18/24 Price Changed $419,800 0.0% $463 / Sq Ft
01/09/2024 01/09/24 Price Changed $419,900 0.0% $463 / Sq Ft
12/04/2023 12/04/23 Price Changed $420,000 -3.4% $463 / Sq Ft
11/09/2023 11/09/23 For Sale $435,000 +24.3% $480 / Sq Ft
07/05/2022 07/05/22 Off Market $350,000 -- --
11/23/2021 11/23/21 Sold $350,000 -2.5% $386 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $359,000 -- $396 / 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 $4,381 $347,582 -- --
2023 $4,381 $315,984 $0 $0
2022 $3,387 $287,258 $0 $287,258
2021 $2,580 $201,025 $0 $201,025
2020 $2,518 $195,500 $0 $0
2019 $2,311 $182,325 $0 $0
2018 $2,132 $169,915 $0 $0
2017 $1,884 $164,475 $0 $0
2016 $1,918 $164,688 $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: 749061

Central Panhandle Association of REALTORS®

APN: 40000-650-374