Resort Living in Panama City Beach! The Shores of Panama offers an unmatched collection of amenities including 500 feet of direct beachfront, a stunning 14,000 sq ft zero-entry lagoon-style pool, Gulf-side hot tub, heated indoor pool and spa, state-of-the-art fitness center, and two full-service on-site bars and dining options, creating an elevated vacation experience that keeps guests coming back year.
This Gulf-front 2-bedroom, 2.5-bath condo delivers stunning panoramic views of the emerald waters and sugar-white sand, an instant draw for vacationers and a proven income producer.
Offered fully furnished and turnkey, this investment-ready property features an open-concept layout, spacious bedrooms with en-suite baths, and an additional half bath for guests, maximizing comfort and rental appeal. The private balcony showcases sweeping Gulf views, creating the ultimate coastal experience guests are searching for.
Located in the heart of Panama City Beach, this condo is walking distance to top attractions, dining, and entertainment, making it a top choice for short-term rentals year-round.
Strong rental potential and actual numbers, unbeatable amenities, and views that sell themselves, this is the beach investment you've been waiting for.
For sale
Price cut: $1K (9/1)
$359,000
9900 Thomas Dr Unit 1918, Panama City Beach, FL 32408
2beds
1,066sqft
Condominium
Built in 2007
-- sqft lot
$351,200 Zestimate®
$337/sqft
$1,373/mo HOA
What's special
Gulf-side hot tubOpen-concept layoutViews that sell themselves
- 143 days
- 358
- 19
Zillow last checked:
Listing updated:
Listed by:
Whitney N Dubroca 850-348-7302,
Corcoran Reverie,
Sostheim Group 850-814-4560,
Corcoran Reverie
Source: CPAR,MLS#: 788209
Originating 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, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 13 x 11
Bedroom
- Level: First
- Dimensions: 11 x 10
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Cooktop, Electric Water Heater
- Laundry: Stacked
Features
- Main Level Primary
Interior area
- Total structure area: 1,066
- Total interior livable area: 1,066 sqft
Property
Features
- Patio & porch: Balcony
- Pool features: Community
- On waterfront: Yes
- Waterfront features: Gulf
Details
- Parcel number: 40000650339
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
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, Gated, Barbecue
- Services included: Cable TV, Security, Trash, Water
- HOA fee: $4,119 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $337/sqft
- Tax assessed value: $395,250
- Annual tax amount: $4,758
- Date on market: 4/11/2026
- Cumulative days on market: 143 days
Estimated market value
$351,200
$334,000 - $369,000
$2,602/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2026 | Price change | $359,000-0.3%$337/sqft |
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| 8/10/2026 | Price change | $360,000-2.7%$338/sqft |
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| 7/31/2026 | Price change | $370,000-2.6%$347/sqft |
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| 7/22/2026 | Price change | $380,000-1.3%$356/sqft |
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| 7/7/2026 | Price change | $385,000-1.3%$361/sqft |
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| 6/18/2026 | Price change | $390,000-1.3%$366/sqft |
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| 6/9/2026 | Price change | $395,000-1%$371/sqft |
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| 5/25/2026 | Price change | $399,000-3.9%$374/sqft |
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| 5/5/2026 | Price change | $415,000-2.4%$389/sqft |
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| 4/11/2026 | Listed for sale | $425,000+11.8%$399/sqft |
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| 1/22/2026 | Listing removed | $379,999$356/sqft |
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| 1/4/2026 | Price change | $379,999-2.6%$356/sqft |
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| 12/26/2025 | Price change | $389,999-2.5%$366/sqft |
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| 12/10/2025 | Price change | $399,999-2.4%$375/sqft |
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| 10/31/2025 | Price change | $410,000-2.4%$385/sqft |
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| 9/4/2025 | Price change | $419,900-1.2%$394/sqft |
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| 8/6/2025 | Price change | $424,900-1.2%$399/sqft |
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| 7/11/2025 | Price change | $429,900-2.3%$403/sqft |
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| 6/28/2025 | Price change | $439,9000%$413/sqft |
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| 3/5/2025 | Price change | $440,000-5.6%$413/sqft |
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| 1/5/2025 | Price change | $465,900+5.9%$437/sqft |
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| 9/9/2024 | Price change | $440,000-4.5%$413/sqft |
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| 8/31/2024 | Price change | $460,900-1.1%$432/sqft |
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| 6/20/2024 | Price change | $465,900-2.1%$437/sqft |
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| 4/29/2024 | Listed for sale | $475,900+37.9%$446/sqft |
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| 5/4/2021 | Sold | $345,000+33.7%$324/sqft |
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| 6/15/2020 | Sold | $258,000+11.2%$242/sqft |
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| 2/3/2016 | Sold | $232,000-7.2%$218/sqft |
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| 4/21/2009 | Sold | $250,000$235/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,996 +5% | $385,688 +10% |
| 2023 | $4,757 +27.4% | $350,625 +10% |
| 2022 | $3,733 | $318,750 |
| 2021 | -- | -- |
| 2020 | $3,080 +11.5% | $235,014 +10% |
| 2019 | $2,762 | $213,649 +10% |
| 2018 | $2,762 +13.9% | $194,226 -1.5% |
| 2017 | $2,425 +7.7% | $197,201 -2.9% |
| 2016 | $2,252 -7.4% | $203,172 +0% |
| 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
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 32408
Nearby schools
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.








