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Sold for $375,750
  • $375,750

    9900 Thomas Dr Unit 1218, Panama City Beach, FL 32408

    2beds
    1,066sqft
    Condominium
    Built in 2007
    -- sqft lot
    $382,200 Zestimate®
    $352/sqft
    $2,602 Estimated rent

    Home value

    $382,200

    $355,000 - $413,000

    $2,602/mo

    Zestimate® history
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    What's special

    Heated indoor poolPrivate balconyPrivate patioSpectacular lagoon-style poolTwo tiki barsGulf-front luxuryNew flooring and cabinets
    CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' must be placed at the beginning of the Public Remarks - Experience Gulf-front luxury in this stunning 2-bedroom, 2.5-bath - with bunk room - condo at the Shores of Panama. Situated on the 12th floor, it offers a private patio with breathtaking views of the emerald waters and sugar-white sands of the Gulf of Mexico. Fully turn-key and income-producing, this high-yield vacation rental is ready for you or your guests to enjoy from day one. Freshly painted in 2024, the condo features high-end solid wood furnishings and comes fully equipped for your next vacation or short-term rental. Recent upgrades include new flooring and cabinets in 2020, a new water heater in 2023, and a brand-new HVAC system. A rare bonus is the designated parking space located on the same floor—skip the elevators and stairs for effortless access. Stress-free ownership is part of the package, with building insurance included in the HOA fees. The Shores of Panama offers world-class resort amenities, including a spectacular lagoon-style pool with zero-entry deck, two tiki bars for on-site dining and drinks, a heated indoor pool, a Jacuzzi, a kids' play area, and a full lineup of beachfront activities and water sports. From your private balcony, you can enjoy morning coffee with the sunrise or relax at sunset to the soothing sound of the waves. Centrally located in Panama City Beach, you're just steps from Pineapple Willy's and minutes to St. Andrews State Park, Pier Park, shopping, and family-friendly entertainment. With a strong track record as a vacation rental, this property is already professionally managed and has future reservations in place for immediate income potential. Whether you're seeking a second home, a profitable investment, or your dream beach escape, this condo delivers it all. Don't miss your chance to own a slice of paradise at the Shores of Panama—schedule your private tour today and start living the coastal lifestyle you've always dreamed of.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Lane 816-479-5251,

    EXP Realty LLC

    Bought with:

    Jennifer Kong Ho, BK3614089

    VPR United Real Estate

    Source: CPAR,MLS#: 768452MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom
    Bedroom
    • Level: First
    • Dimensions: 12 x 17
    Bedroom
    • Level: First
    • Dimensions: 10 x 12
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Ice Maker
    Interior area
    • Total structure area: 1,066
    • Total interior livable area: 1,066 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000650213
    • Zoning description: Resort

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 2007

    Community & HOA

    Community
    • Features: Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Building Security, Fire Escape, Fire Sprinkler System, Security Gate, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security, Security Guard, Fire Alarm
    • Subdivision: Shores Of Panama Phase II
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Gazebo
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $352/sqft
    • Tax assessed value: $395,251
    • Annual tax amount: $4,357
    • Date on market: 2/7/2025
    • Cumulative days on market: 190 days

    Price history

    DateEventPrice
    9/5/2025Sold$375,750-4.1%$352/sqft
    Source: CPAR #768452 Report a problem
    9/3/2025Pending sale$392,000$368/sqft
    Source: CPAR #768452 Report a problem
    8/18/2025Contingent$392,000$368/sqft
    Source: CPAR #768452 Report a problem
    8/7/2025Price change$392,000-8.6%$368/sqft
    Source: CPAR #768452 Report a problem
    3/8/2025Price change$429,000-3.6%$402/sqft
    Source: CPAR #768452 Report a problem
    2/7/2025Listed for sale$445,000+6%$417/sqft
    Source: CPAR #768452 Report a problem
    11/27/2024Listing removed$420,000$394/sqft
    Source: CPAR #751395 Report a problem
    10/24/2024Price change$420,000-5.6%$394/sqft
    Source: CPAR #751395 Report a problem
    7/26/2024Price change$445,000-8.2%$417/sqft
    Source: CPAR #751395 Report a problem
    3/3/2024Listed for sale$485,000$455/sqft
    Source: CPAR #751395 Report a problem
    2/13/2024Listing removed--
    Source: CPAR #751395 Report a problem
    1/16/2024Listed for sale$485,000+76.4%$455/sqft
    Source: CPAR #751395 Report a problem
    12/21/2020Sold$275,000+12.3%$258/sqft
    Source: CPAR #704647 Report a problem
    2/28/2017Listing removed$244,900$230/sqft
    Source: Pineapple Properties #631365 Report a problem
    4/29/2015Listed for sale$244,900-2%$230/sqft
    Source: Pineapple Properties #631365 Report a problem
    3/16/2011Listing removed$250,000$235/sqft
    Source: Listhub #404477 Report a problem
    3/13/2011Listed for sale$250,000$235/sqft
    Source: Listhub #404477 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,357 +4.4%$271,458 +10%
    2023$4,172 +27.5%$246,780 +10%
    2022$3,271 $224,345
    2021-- --
    2020$2,825 +6.1%$218,561 +2.3%
    2019$2,662 $213,648 +10%
    2018$2,662 +9.8%$194,225 -1.5%
    2017$2,425 +7.7%$197,200 -2.9%
    2016$2,252 -7.4%$203,171
    2015$2,432 $203,171 +3.5%
    2014$2,432 $196,350 +10%
    2013-- $178,500 -12.5%
    2012-- $204,000 -0.5%
    2011-- $204,944
    2010-- $204,944
    2009-- $204,944 -10%
    2008-- $227,715
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Breakfast Point
    • Middle: Breakfast Point
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $382,200
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    $389,844
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $382,200
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    +$7,644
    With Zillow Showcase(estimated)
    $389,844