9900 S Thomas Drive #2331, Panama City Beach, FL 32408
Local realty services provided by:CENTURY 21 First Story Real Estate
9900 S Thomas Drive #2331,Panama City Beach, FL 32408
$630,000
- 3 Beds
- 3 Baths
- 1,400 sq. ft.
- Condominium
- Active
Listed by: marcy l o'donnell
Office: luxe coastal realty group llc.
MLS#:784818
Source:FL_BCMLS
Price summary
- Price:$630,000
- Price per sq. ft.:$450
About this home
MAJOR PRICE IMPROVEMENT + SELLER TO PAY OFF SPECIAL ASSESSMENT AT CLOSING! This Gulf-front 3BR/3BA penthouse at Shores of Panama is now offered at $630K and represents one of the most compelling opportunities currently available in the building.
Positioned on the coveted end of the U-shaped building, this penthouse offers sweeping Gulf views from a rare wrap-around balcony that creates the premium guest experience vacation renters actively seek. Penthouse elevation, true Gulf-front exposure, and a spacious 3-bedroom, 3-bathroom layout make this one of the most desirable rental configurations in the resort.
The unit also conveys with a dedicated parking space and private storage closet, valuable extras rarely found in competing properties. Even better, the sellers will pay off the current special assessment at closing, providing significant savings and peace of mind for the next owner. Shores of Panama features a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, direct beach access, and a prime location within walking distance of Pineapple Willy's, 810 Billiards & Bowling, shopping, and entertainment. Well-positioned 3BR units in the building commonly generate $80,000-$90,000+ annually in rental income, with upside potential beyond that when professionally optimized. For investors and second-home buyers alike, this is a rare opportunity to own a true Gulf-front penthouse at an exceptional value. 🌊💰🏖️...
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Home facts
- Year built:2007
- Listing ID #:784818
- Added:128 day(s) ago
- Updated:June 14, 2026 at 02:37 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:3
- Kitchen Description:Electric Range, Electric Water Heater
- Living area:1,400 sq. ft.
Structure and exterior
- Year built:2007
- Building area:1,400 sq. ft.
- Architectural Style:High Rise
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Finances and disclosures
- Price:$630,000
- Price per sq. ft.:$450
- Tax amount:$6,693 (2025)
Features and amenities
- Amenities:Beach Rights, BuildingSecurity, ElectricRange, ElectricWaterHeater, SecurityService
- Pool features:Community
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