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For sale
  • $610,000

    9900 Thomas Dr Unit 131, Panama City Beach, FL 32408

    3beds
    1,400sqft
    Condominium
    Built in 2007
    -- sqft lot
    $590,300 Zestimate®
    $436/sqft
    $1,569/mo HOA

    What's special

    Exclusive beachfront accessNew granite countertopsFresh interior paintUpdated hanging light fixturesCovered parkingSweeping panoramic gulf viewsPrivate gated terrace access
    LOWEST PRICED ''U'' Floor Plan!! Experience elevated coastal living in this rare East-side corner, ground-floor premium condo offering 3 bedrooms, 3 baths, and sweeping panoramic Gulf views. Designed with the highly desirable ''U'' floor plan, this layout provide breathtaking sunrise and sunset vistas from the expansive wrap-around balcony. What truly sets this condo apart is its private gated terrace access--step directly from your balcony to the pool deck and onto the beach. Inside, the condo has been thoughtfully renovated and beautifully refurnished. Recent upgrades include: New granite countertops, Luxury vinyl plank flooring throughout, New sink and faucet, Updated hanging light fixtures, Shiplap accent wall in the living area, Fresh interior paint, All new bedroom furniture and Soaring 12-foot ceilings for an open, airy feel. The functional layout features two spacious main suites, each with private baths, plus a third bedroom with its own bath--ideal for larger families or maximizing rental occupancy. A large exterior storage room just outside the front door adds additional convenience for beach gear and owner storage. With strong rental performance, unmatched accessibility, and premium corner positioning, this condo is perfectly suited for investors seeking income potential as well as buyers wanting a spacious Gulf-front retreat. The condo conveys fully furnished and rental-ready, making it an effortless investment opportunity or turnkey beach retreat. This unit also includes one deeded parking space. Shores of Panama is home to the largest Gulf-front lagoon pool in Panama City Beach, with its spectacular 14,000+ sq ft zero-entry lagoon pool with palm-lined islands, fountains, and expansive hot tub. tropical palm islands, fountains, and an oversized hot tub--all just steps from exclusive beachfront access. Owners and guests also enjoy: Indoor heated pool and hot tub, 24-hour fitness center, Seasonal poolside Tiki bar, Covered parking, and On-site security. The location is unbeatable--walk next door to Pineapple Willy's for beachfront dining or cross the street to Laketown Wharf for multiple dining options including The Wharf Buffet, Juan Taco, and LuLu's Bar & Restaurant. Shopping, entertainment, and attractions are all within easy reach. If you're looking for a well-positioned Gulf-front condo with proven rental appeal and unbeatable amenities--this is a standout opportunity. With exterior renovations scheduled to enhance curb appeal and long-term value, this is a strategic opportunity to secure this wonderful gulf front condo--ideal as a personal retreat, income powerhouse, or both. All information and HOA details are believed accurate but should be verified by buyers if important.
    17 days
    86
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Cindy Shoemaker 850-573-4045,

    Christies International Real Estate Emerald Coast

    Source: CPAR,MLS#: 794018MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Dining Room, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
      Primary bedroom
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 14 x 12
      Bedroom
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 14 x 11
      Bedroom
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 12 x 12
      Primary bathroom
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 12 x 6
      Dining room
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 15 x 8.8
      Other
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 8.5 x 7.5
      Other
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 8.7 x 4.11
      Kitchen
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 11.5 x 11.5
      Living room
      • Description: if important buyer to verify
      • Level: First
      • Dimensions: 15 x 12
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Electric Water Heater
      Features
      • Main Level Primary
      Interior area
      • Total structure area: 1,400
      • Total interior livable area: 1,400 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Garage
      • 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: 40000675012
      • Zoning description: Resid Multi-Family
      • Special conditions: Listed As-Is

      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

      Utilities & green energy

      • Sewer: Public Sewer
      • Utilities for property: Cable Connected, Electricity Available

      Community & HOA

      Community
      • Features: Elevator, Fitness Center, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
      • Security: Security Gate, Security Service
      • Subdivision: Shores Of Panama Phase II
      HOA
      • Has HOA: Yes
      • Amenities included: Gated
      • Services included: Association Management, Fitness Facility, Insurance, Maintenance Grounds, Pool(s), Sewer, Security, Trash, Water
      • HOA fee: $4,708 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $436/sqft
      • Tax assessed value: $615,154
      • Annual tax amount: $6,078
      • Date on market: 8/13/2026
      • Cumulative days on market: 17 days
      • Electric utility on property: Yes

        Estimated market value

        $590,300

        $561,000 - $620,000

        $2,942/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$610,000$436/sqft
        Source: CPAR #794018 Report a problem
        6/24/2026Listing removed$610,000$436/sqft
        Source: CPAR #785146 Report a problem
        2/12/2026Listed for sale$610,000-5.6%$436/sqft
        Source: CPAR #785146 Report a problem
        12/5/2023Listing removed--
        Source: CPAR #740484 Report a problem
        11/6/2023Price change$645,975-10%$461/sqft
        Source: CPAR #740484 Report a problem
        8/2/2023Price change$717,750-17.9%$513/sqft
        Source: CPAR #740484 Report a problem
        11/1/2022Price change$874,500+0.1%$625/sqft
        Source: CPAR #732853 Report a problem
        9/30/2022Listed for sale$874,000$624/sqft
        Source: CPAR #732853 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,150 +1.2%$369,306 +10%
        2023$6,079 +32.3%$335,733 +10%
        2022$4,597 $305,212
        2021-- --
        2020$3,361 +5.3%$277,047 +5%
        2019$3,191 $263,853 +0.8%
        2018$3,191 -1.3%$261,800 -6.5%
        2017$3,233 +1.6%$280,033
        2016$3,181 -9.3%$280,033 -4.8%
        2015$3,506 $294,000 +6.4%
        2014$3,506 $276,250 +8.4%
        2013-- $254,915 -5.2%
        2012-- $268,800 -7.2%
        2011-- $289,615 -11.5%
        2010-- $327,250 -28.2%
        2009-- $455,840 -27.7%
        2008-- $630,700
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 32408

        Getting around

        44 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

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

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

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