9900 S Thomas Drive #UNIT 2331, Panama City Beach, FL 32408
Local realty services provided by:ERA American Real Estate
9900 S Thomas Drive #UNIT 2331,Panama City Beach, FL 32408
$615,000
- 3 Beds
- 3 Baths
- 1,400 sq. ft.
- Condominium
- Active
Listed by: marcy l o'donnell
Office: luxe coastal realty
MLS#:995928
Source:FL_ECAR
Price summary
- Price:$615,000
- Price per sq. ft.:$439.29
About this home
ANOTHER MAJOR PRICE IMPROVEMENT! This Gulf-front 3BR/3BA penthouse at Shores of Panama is now offered at an even more compelling value and presents a rare opportunity for investors, second-home buyers, or anyone wanting a true beachfront penthouse in Panama City Beach.
Perfectly positioned on the end of the U-shaped building, this unit offers sweeping, unobstructed Gulf views from an expansive wrap-around balcony, including beautiful sunrise views over the coastline. The spacious 3-bedroom, 3-bath layout is ideal for personal use or vacation rental income, while the penthouse elevation provides added privacy and an exceptional vantage point.
The unit also conveys with a dedicated parking space and private storage closet, valuable extras rarely found with competing properties. Shores of Panama offers direct beach access, a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, and an unbeatable location steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, dining, and entertainment.
Well-positioned 3BR units in the building commonly generate approximately $80K-$90K annually, with upside potential into the $100K range when professionally optimized. With another significant price reduction, premium penthouse features, and exceptional Gulf-front positioning, Unit 2331 stands out as one of the most compelling opportunities currently available at Shores of Panama. with upside into the $100K range when optimized....
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Home facts
- Year built:2007
- Subdivision & Development:Shores Of Panama Phase I
- Listing ID #:995928
- Added:248 day(s) ago
- Updated:October 28, 2026 at 07:24 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:5
- Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric
- Living area:1,400 sq. ft.
Heating and cooling
- Central air:Yes
Structure and exterior
- Year built:2007
- Building area:1,400 sq. ft.
- Exterior Features:Balcony
Schools
- High school:Arnold
- Middle school:Breakfast Point
- Elementary school:Breakfast Point
Utilities
- Water:Public Water
Finances and disclosures
- Price:$615,000
- Price per sq. ft.:$439.29
- Tax amount:$6,693 (2025)
Features and amenities
- Appliances:Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Washer
- Laundry features:Washer
- Amenities:Breakfast Bar
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