For sale

$275,000

9450 Thomas Dr Unit 1600E, Panama City Beach, FL 32408

0beds

505sqft

$2,349/mo

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Condominium

Built in 2005

-- sqft lot

$266,500 Zestimate^®

$545/sqft

$564/mo HOA

What's special

Gated entranceKing bedCorner boardwalk studioHot tubGulf-front poolSweeping gulf viewsWell-equipped kitchenette

Wake up to sweeping Gulf views from this corner Boardwalk studio, perfectly designed for effortless beachfront living. The unit features a king bed, a well-equipped kitchenette, and a spacious bathroom with both a tub and shower plus a dual-vanity sink—everything needed for a comfortable stay at the beach. Thoughtfully laid out and easy to maintain, this studio delivers strong appeal for both personal use and short-term rental guests. Located on the east end of Panama City Beach, Boardwalk offers a gated entrance and a true resort experience, including a gulf-front pool, kids' splash pad, hot tub, on-site corner market, and tiki bar—making it easy to enjoy the beach lifestyle without ever leaving the property. Whether you're seeking an income-producing investment or a low-maintenance second home, this studio is an excellent opportunity to own your own beachfront oasis.

210 days
52
2

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 0
Bathrooms: 1
Full bathrooms: 1

Rooms

Room types: Other

Other

Description: Living Area + Bed Area
Level: First
Dimensions: 12.9 x 17.8

Heating

Electric

Cooling

Ceiling Fan(s)

Appliances

Included: Electric Cooktop

Features

Double Vanity, Soaking Tub, Separate Shower

Interior area

Total structure area: 505
Total interior livable area: 505 sqft

Property

Parking

Total spaces: 1
Parking features: Gated
Garage spaces: 1

Features

Patio & porch: Balcony, Open, Porch
Pool features: Gunite, In Ground, Community
Has view: Yes
View description: Gulf, Water
Has water view: Yes
Water view: Gulf,Water
Waterfront features: Gulf

Details

Parcel number: 34990251000

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Attached to another structure: Yes

Materials

Stucco
Roof: Clay

Condition

New construction: No
Year built: 2005

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Electricity Available, Sewer Available

Community & HOA

Community

Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Pool, Shopping, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Security: Building Security, Gated with Guard, Secured Garage/Parking, Gated Community, Security Guard, Security Gate, Security Service
Subdivision: Boardwalk Central

HOA

Has HOA: Yes
Amenities included: Beach Rights, Gated, Barbecue, Spa/Hot Tub
Services included: Association Management, Clubhouse, Cable TV, Insurance, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Recreation Facilities, Sewer, Trash, Water
HOA fee: $1,691 quarterly

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $545/sqft
Tax assessed value: $256,063
Annual tax amount: $3,214
Date on market: 2/4/2026
Cumulative days on market: 210 days
Electric utility on property: Yes

Estimated market value

$266,500

$253,000 - $280,000

$1,445/mo

Price history

Date	Event	Price
9/2/2026	Price change	$275,000-8%$545/sqft
Source: CPAR #784715 Report a problem
2/4/2026	Listed for sale	$299,000+1.4%$592/sqft
Source: CPAR #784715 Report a problem
9/21/2022	Sold	$295,000-6.3%$584/sqft
Source: CPAR #730941 Report a problem
9/11/2022	Pending sale	$315,000$624/sqft
Source: CPAR #730941 Report a problem
8/26/2022	Price change	$315,000-1.6%$624/sqft
Source: CPAR #730941 Report a problem
8/16/2022	Listed for sale	$320,000+481.8%$634/sqft
Source: CPAR #730941 Report a problem
9/4/2012	Sold	$55,000-68.3%$109/sqft
Source: Public Record Report a problem
6/1/2005	Sold	$173,500$344/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$3,341 +1.2%	$256,063
2023	$3,301 +109.7%	$256,063 +67.7%
2022	$1,574	$152,687
2021	--	--
2020	$1,865 +14.4%	$134,737 +10%
2019	$1,631	$122,488 +10%
2018	$1,631 +12.7%	$111,353 +5%
2017	$1,447 +17.2%	$106,050 +9.4%
2016	$1,235 +13.7%	$96,900 +8.6%
2015	$1,086	$89,250 +6.1%
2014	$1,086	$84,150 +10%
2013	--	$76,500 +3.7%
2012	--	$73,750 -23.6%
2011	--	$96,510 -5%
2010	--	$101,540 -21%
2009	--	$128,532 -11%
2008	--	$144,418 -29.5%
2007	--	$204,739 -7%
2006	--	$220,150 +588%
2005	--	$32,000