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Sold for $507,400
  • $507,400

    9900 Thomas Dr Unit 1503, Panama City Beach, FL 32408

    2beds
    1,131sqft
    Condominium
    Built in 2007
    -- sqft lot
    $503,700 Zestimate®
    $449/sqft
    $2,617 Estimated rent

    Home value

    $503,700

    $458,000 - $554,000

    $2,617/mo

    Zestimate® history
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    What's special

    Wrap-around balcony unitSpacious floor plan
    Major Price Improvement - Now $514,900 Previously $539,400, reduced over $24k! Gorgeous, turn-key wrap-around balcony unit offering panoramic views from east to west -- with breathtaking Gulf views that stretch for miles, plus stunning nighttime views overlooking the beautifully lit tropical lagoon pool. Enjoy peaceful sunrises with morning coffee and unforgettable sunsets reflecting across the water. This spacious floor plan features 2 bedrooms PLUS a large bunk room and 2.5 baths, comfortably living like a true 3-bedroom layout. Two oversized master suites provide exceptional comfort and privacy, making this an ideal primary residence, second home, or high-demand rental property. This unit also comes with a deeded parking spot on the 9th floor of the garage! Shores of Panama offers nearly 500 feet of pristine Gulf frontage and world-class, resort-style amenities, including: * 14,000 sq. ft. lagoon-style Gulf-front pool and hot tub * Heated indoor pool and hot tub * 3-room fitness center (complimentary for owners and guests) * Garage parking * Two on-site tiki bars (one beverage-focused and one food-focused) * Lobby coffee and donut shop The resort is in its final stages of major exterior renovation that enhances both appearance and long-term structural integrity. With Florida's updated condominium requirements impacting many properties statewide, Shores of Panama is proactively completing improvements that position it strongly for the future. With pricing strategically repositioned, this is a timely opportunity just ahead of high season for buyers seeking strong income potential and personal use in one of Panama City Beach's premier Gulf-front resorts. This 23-story Tuscan-inspired condominium is located in the heart of Panama City Beach, directly next to Pineapple Willy's and across from shopping and dining, including Super Walmart, Waffle House, and other popular restaurants. Nearby attractions include Ripley's Believe It or Not, WonderWorks, Shipwreck Island Waterpark, ZooWorld, Shell Island excursions, Dolly Parton's ''Pirates Voyage Dinner & Show'', Topgolf, and soon to open, Tootsie's Orchid Lounge! Whether you're seeking a beachfront getaway or an income-producing investment, this property offers exceptional location, amenities, and rental appeal.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carla D Singleton 931-797-3884,

    Ohana Real Estate Services

    Bought with:

    Kelly R Zarda

    Emerald Coast Real Estate & Vacations LLC

    Source: CPAR,MLS#: 785878MLS 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, Kitchen, Living Room, Primary Bathroom, Other
    Bedroom
    • Level: First
    • Dimensions: 14.6 x 13
    Primary bathroom
    • Level: First
    • Dimensions: 13.5 x 12
    Other
    • Level: First
    • Dimensions: 9 x 9
    Kitchen
    • Level: First
    • Dimensions: 15 x 10.2
    Living room
    • Level: First
    • Dimensions: 14.8 x 17
    Other
    • Features: Balcony
    • Level: First
    • Dimensions: 30 x 6
    Interior area
    • Total structure area: 1,131
    • Total interior livable area: 1,131 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony
    • Pool features: Community
    • On waterfront: Yes
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000650252

    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

    Community & HOA

    Community
    • Features: Community Pool, Short Term Rental Allowed
    • Subdivision: Shores Of Panama Phase I
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Barbecue, Picnic Area, Spa/Hot Tub
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $449/sqft
    • Tax assessed value: $484,076
    • Annual tax amount: $5,978
    • Date on market: 2/26/2026
    • Cumulative days on market: 47 days

    Price history

    DateEventPrice
    4/24/2026Sold$507,400-1.5%$449/sqft
    Source: CPAR #785878 Report a problem
    4/15/2026Pending sale$514,900$455/sqft
    Source: CPAR #785878 Report a problem
    4/12/2026Price change$514,900-4.5%$455/sqft
    Source: CPAR #785878 Report a problem
    3/20/2026Price change$539,400-0.1%$477/sqft
    Source: CPAR #785878 Report a problem
    2/26/2026Listed for sale$539,900-0.9%$477/sqft
    Source: CPAR #785878 Report a problem
    10/29/2025Listing removed$544,900$482/sqft
    Source: CPAR #770711 Report a problem
    8/13/2025Price change$544,900-5.2%$482/sqft
    Source: CPAR #770711 Report a problem
    6/20/2025Price change$574,900-4%$508/sqft
    Source: CPAR #770711 Report a problem
    5/22/2025Price change$599,000-3.9%$530/sqft
    Source: CPAR #770711 Report a problem
    5/2/2025Price change$623,000-0.3%$551/sqft
    Source: CPAR #770711 Report a problem
    3/21/2025Listed for sale$625,000-0.8%$553/sqft
    Source: CPAR #770711 Report a problem
    4/1/2024Listing removed--
    Source: CPAR #747295 Report a problem
    9/30/2023Listed for sale$629,900-3.1%$557/sqft
    Source: CPAR #747295 Report a problem
    5/26/2022Sold$650,000-13.3%$575/sqft
    Source: CPAR #723258 Report a problem
    3/11/2022Contingent$750,000$663/sqft
    Source: CPAR #723258 Report a problem
    3/6/2022Listed for sale$750,000+87.5%$663/sqft
    Source: CPAR #723258 Report a problem
    6/30/2020Sold$399,900+8.4%$354/sqft
    Source: CPAR #696776 Report a problem
    7/10/2019Sold$369,000-5.1%$326/sqft
    Source: Public Record Report a problem
    4/17/2019Listed for sale$389,000+17.9%$344/sqft
    Source: Lifes A Beach Real Estate, LLC #682602 Report a problem
    2/3/2016Sold$329,900-10.8%$292/sqft
    Source: Public Record Report a problem
    1/1/2015Listing removed$369,900$327/sqft
    Source: ResortQuest Real Estate of Florida LLC DBA ResortQuest Real Estate #609437 Report a problem
    3/3/2014Listed for sale$369,900$327/sqft
    Source: Resortquest Real Estate Of Florida Llc #609437 Report a problem
    12/20/2013Listing removed$369,900$327/sqft
    Source: Resortquest Real Estate Of Florida Llc #609437 Report a problem
    4/13/2013Listed for sale$369,9000%$327/sqft
    Source: Pineapple Properties #608177 Report a problem
    1/2/2013Listing removed$370,000$327/sqft
    Source: Star Real Estate Association, LLC #418646 Report a problem
    7/13/2012Price change$370,000-2.4%$327/sqft
    Source: Star Real Estate Association, LLC #418646 Report a problem
    11/7/2011Listed for sale$379,000$335/sqft
    Source: Star Real Estate Association, LLC #418646 Report a problem
    9/23/2011Listing removed$379,000$335/sqft
    Source: Star Real Estate Association, LLC #418646 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,137 +1.7%$484,076
    2023$6,036 +43.8%$484,076 +38.9%
    2022$4,196 $348,501
    2021-- --
    2020$3,784 +7.4%$314,501 +7.2%
    2019$3,524 $293,250 +5.4%
    2018$3,524 +3.7%$278,160 +10%
    2017$3,397 +18.1%$252,875 -6.2%
    2016$2,876 -6.3%$269,450 +4.8%
    2015$3,070 $257,125 -1.8%
    2014$3,070 $261,800 +10%
    2013-- $238,000 +9.6%
    2012-- $217,152 -13.2%
    2011-- $250,170 -5.1%
    2010-- $263,500 -12.8%
    2009-- $302,099 -10%
    2008-- $335,665
    Find assessor info on the county website

    Neighborhood: 32408

    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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    $503,700
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
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    +$10,074
    With Zillow Showcase(estimated)
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