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For sale
  • Price cut: $5.4K (8/20)
    $407,900

    9900 Thomas Dr Unit 1704, Panama City Beach, FL 32408

    2beds
    1,148sqft
    : 
    $4,121/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $397,600 Zestimate®
    $355/sqft
    $1,473/mo HOA

    What's special

    Direct beach accessFully furnished amenity-rich residenceSplit-bedroom layout maximizes privacyStunning beachfront residenceFully equipped fitness centerExceptional gulf viewsOn-site coffee shop
    WELCOME TO SHORES OF PANAMA 1704.....Stunning beachfront residence at **Shores of Panama - Unit 1704**. This beautifully appointed 2-bedroom plus private bunk room condominium offers exceptional Gulf views, luxury finishes, and impressive short-term rental potential. With the right management company, projected gross rental income ranges from **$75,000-$80,000 annually**, making it an outstanding investment opportunity. ## Property Overview Unit 1704 is thoughtfully designed for comfort, privacy, and rental performance. - **2 oversized bedrooms**, each featuring a private ensuite full bathroom - **Private bunk room** with its own bathroom and stand-up shower - Spacious open-concept living and dining area - Expansive beachfront balcony with breathtaking Gulf views - Offered **fully furnished** with upscale décor - Well-equipped kitchen with quality cabinetry, appliances, and ample counter space The split-bedroom layout maximizes privacy for guests, making this unit highly desirable for vacation rentals. The additional bunk room with a private bath significantly enhances occupancy potential and guest appeal. ## Investment Highlights This property is approved for **short-term rentals** and has strong income potential. - Estimated **$75,000-$80,000 gross annual income** with professional management - High-demand beachfront location - Turnkey and rental-ready - Strong guest appeal due to layout and amenities With its prime Gulf-front positioning and resort-level amenities, Unit 1704 is designed to generate consistent rental performance while offering owners personal enjoyment. ## Resort-Style Amenities at Shores of Panama Shores of Panama is known for delivering one of the most impressive amenity packages on the Gulf Coast. - **13,966 sq. ft. Gulf-front, zero-entry lagoon-style pool** with hot tub - Heated indoor pool for year-round enjoyment - Two seasonal tiki bars serving lunch and dinner - On-site coffee shop - Fully equipped fitness center - 24/7 on-site security - Direct beach access The lagoon-style pool is a signature feature of the resort and a major draw for vacationers. ## Prime Location Convenience and entertainment are right outside your door. - Adjacent to **Pineapple Willy's**, a local favorite - Walking distance to numerous restaurants, shopping, and entertainment venues - Wal-Mart located directly across the street for everyday essentials This central location enhances rental desirability by offering guests easy access to everything they need without requiring transportation. --- Shores of Panama Unit 1704 delivers the perfect combination of luxury beachfront living and strong investment potential. Whether you are seeking a high-performing vacation rental or a personal Gulf-front retreat, this fully furnished, amenity-rich residence is positioned to exceed expectations.
    170 days
    51
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Sassy French 865-617-6184,

    Keller Williams Success Realty

    Source: CPAR,MLS#: 786779MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Primary Bedroom
      Primary bedroom
      • Level: First
      • Dimensions: 17.5 x 11.5
      Bedroom
      • Level: First
      • Dimensions: 12 x 10
      Heating
      • Central, Electric
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
      • Laundry: Stacked
      Features
      • Main Level Primary, Tub Shower
      Interior area
      • Total structure area: 1,148
      • Total interior livable area: 1,148 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Community Structure
      • Garage spaces: 1
      Features
      • Patio & porch: Balcony
      • Pool features: Indoor, In Ground, Community
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf, Shoreline - Sand
      Details
      • Parcel number: 40000650289
      • Zoning description: City, 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
      Materials
      • Stucco
      Condition
      • New construction: No
      • Year built: 2007

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Barbecue, Beach, Clubhouse, Fitness Center, Gated, Pool, Waterfront, Community Pool, Short Term Rental Allowed
      • Security: Building Security, Fire Sprinkler System, Gated with Guard, 24 Hour Security, Security Guard, Fire Alarm
      • Subdivision: Shores Of Panama Phase I
      HOA
      • Has HOA: Yes
      • Amenities included: Beach Rights, Barbecue, Spa/Hot Tub
      • Services included: Association Management, Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Trash, Water
      • HOA fee: $4,420 quarterly
      Location
      • Region: Panama City Beach

      Financial & listing details

      • Price per square foot: $355/sqft
      • Tax assessed value: $441,915
      • Annual tax amount: $5,030
      • Date on market: 3/14/2026
      • Cumulative days on market: 170 days
      • Electric utility on property: Yes

        Estimated market value

        $397,600

        $378,000 - $417,000

        $2,613/mo

        Price history

        DateEventPrice
        8/20/2026Price change$407,900-1.3%$355/sqft
        Source: CPAR #786779 Report a problem
        4/23/2026Price change$413,300-1.6%$360/sqft
        Source: CPAR #786779 Report a problem
        3/24/2026Price change$420,000-1.2%$366/sqft
        Source: CPAR #786779 Report a problem
        3/14/2026Listed for sale$425,000+44.1%$370/sqft
        Source: CPAR #786779 Report a problem
        11/10/2020Sold$295,000-1.3%$257/sqft
        Source: CPAR #701030 Report a problem
        8/18/2020Listed for sale$299,000-3.2%$260/sqft
        Source: Emerald Coast Real Estate & Vacations LLC #701030 Report a problem
        7/14/2020Listing removed$309,000$269/sqft
        Source: Full Sail Realty, LLC #686258 Report a problem
        9/1/2019Price change$309,000-1.6%$269/sqft
        Source: Pineapple Properties #686258 Report a problem
        7/22/2019Listed for sale$314,000-4.6%$274/sqft
        Source: Pineapple Properties #686258 Report a problem
        6/5/2019Listing removed$329,000$287/sqft
        Source: Pineapple Properties #672519 Report a problem
        8/26/2018Price change$329,000-1.5%$287/sqft
        Source: Pineapple Properties #672519 Report a problem
        6/5/2018Listed for sale$334,000+52.7%$291/sqft
        Source: Pineapple Properties #672519 Report a problem
        7/23/2013Sold$218,750-0.5%$191/sqft
        Source: CPAR #609520 Report a problem
        5/27/2013Listed for sale$219,900$192/sqft
        Source: Pineapple Properties #609520 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,818 +4%$316,778 +10%
        2023$4,634 +37.3%$287,980 +10%
        2022$3,374 $261,800
        2021-- --
        2020$2,956 +12.3%$225,242 +10%
        2019$2,631 $204,765 +10%
        2018$2,631 +13.3%$186,150 +4.3%
        2017$2,322 +13.7%$178,500 -13.6%
        2016$2,042 -9.7%$206,640 +9.5%
        2015$2,261 $188,700 +1.5%
        2014$2,261 $185,980 +3.3%
        2013-- $179,988 +10%
        2012-- $163,625 -23.5%
        2011-- $213,860 -5.1%
        2010-- $225,250 -12.5%
        2009-- $257,423 -10%
        2008-- $286,025
        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.
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        Climate risks

        Neighborhood: 32408

        Getting around

        42 / 100
        Car-Dependent
        40 / 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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