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Sold for $240,000
    • $240,000

    9900 Thomas Dr Unit 1505, Panama City Beach, FL 32408

    --beds
    473sqft
    Condominium
    Built in 2007
    -- sqft lot
    $225,000 Zestimate®
    $507/sqft
    $1,865 Estimated rent

    Home value

    $225,000

    $209,000 - $243,000

    $1,865/mo

    Zestimate® history
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    What's special

    Gorgeous lagoon poolGulf frontWasher dryerMassive gulf side poolFull kitchen
    Gulf front Studio at the popular Shores of Panama! These are little cash cow money makers! They stay rented all year long! Capable of grossing $55,000. This condo just needs a little bit of love, and it will be a wonderful money maker. You will not find a better ROI on the beach! Full kitchen, washer dryer, full size gulf front balcony 8th floor parking dedicated spot. Very nice size balcony overlooking gorgeous lagoon pool and the Gulf of Mexico. he low sq footage and the high ROI will always protect you in the future! Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive gulf side pool and hot-tub, 2 tiki bars, indoor pool, garage parking, and a fitness center.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly R Zarda 850-532-8456,

    Emerald Coast Real Estate & Vacations LLC

    Bought with:

    Jennifer Bowman, 0682167

    Beachy Beach Real Estate

    Source: CPAR,MLS#: 764018MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), ENERGY STAR Qualified Equipment
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Doors: Insulated Doors
    Interior area
    • Total structure area: 473
    • Total interior livable area: 473 sqft

    Property

    Accessibility
    • Accessibility features: Accessible Bedroom
    Features
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000650128

    Construction

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

    Community & HOA

    Community
    • Features: Beach, Elevator, Fitness Center, Park, Pool, Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
    • Security: Smoke Detector(s), Security Service
    • Subdivision: Shores Of Panama Phase I
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Barbecue, Picnic Area
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $507/sqft
    • Tax assessed value: $254,151
    • Annual tax amount: $2,959
    • Date on market: 10/18/2024
    • Cumulative days on market: 7 days

    Price history

    DateEventPrice
    11/6/2024Sold$240,000-5.9%$507/sqft
    Source: CPAR #764018 Report a problem
    10/29/2024Pending sale$255,000$539/sqft
    Source: CPAR #764018 Report a problem
    10/18/2024Listed for sale$255,000-14.3%$539/sqft
    Source: CPAR #764018 Report a problem
    10/19/2021Sold$297,700+2.7%$629/sqft
    Source: Public Record Report a problem
    4/27/2021Sold$290,000+61.1%$613/sqft
    Source: Public Record Report a problem
    3/17/2020Sold$180,000+0.1%$381/sqft
    Source: CPAR #694124 Report a problem
    2/14/2020Listed for sale$179,900+31.3%$380/sqft
    Source: Keller Williams Success Realty #694124 Report a problem
    5/2/2018Sold$137,000$290/sqft
    Source: CPAR #671301 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$2,959 +2.7%$203,644 +10%
    2023$2,883 +28.9%$185,131 +10%
    2022$2,237 $168,301
    2021-- --
    2020$1,692 +14.3%$128,096 +10%
    2019$1,480 $116,451 +27%
    2018$1,480 +9%$91,659 +10%
    2017$1,357 +27%$83,325 +10%
    2016$1,069 -9.9%$75,750 -22.5%
    2015$1,187 $97,750 -4.9%
    2014$1,187 $102,757 +10%
    2013-- $93,415 +2.2%
    2012-- $91,375 -2.3%
    2011-- $93,500
    2010-- $93,500 -35.6%
    2009-- $145,274 -10%
    2008-- $161,415
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby homes

    Nearby schools

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

    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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    With Zillow Showcase(estimated)
    $229,500

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