9900 S Thomas DR #2331 Panama City Beach, FL 32408
3 Beds
3 Baths
1,400 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $450
Subdivision Shores Of Panama Phase Ii
MLS Listing ID 784818
Style High Rise
Bedrooms 3
Full Baths 3
HOA Y/N Yes
Year Built 2007
Annual Tax Amount $6,693
Tax Year 2025
Property Sub-Type Condominium
Property Description
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. 🌊💰🏖️
Location
State FL
County Bay
Community Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Storage Facilities, Waterfront, Community Pool, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Interior Features Main Level Primary
Fireplace No
Appliance Electric Range, Electric Water Heater
Exterior
Pool Community
Community Features Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Storage Facilities, Waterfront, Community Pool, Short Term Rental Allowed
Amenities Available Beach Rights, Game Room, Gazebo
Waterfront Description Gulf
View Y/N Yes
Water Access Desc Gulf
View Gulf
Porch Balcony
Private Pool No
Building
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Restrictions Short Term Rentals Allowed
Tax ID 40000-675-298
Security Features Building Security,24 Hour Security,Security Service
Special Listing Condition Listed As-Is
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