Welcome to your Gulf-front condo in Panama City Beach at the highly sought-after Shores of Panama--a proven short-term rental investment with strong income history and breathtaking direct Gulf views from the 20th floor. This 2 bedroom, 2-bath Gulf-front condo is designed for both personal enjoyment and maximum rental performance. The open-concept layout features a fully equipped kitchen with stainless steel appliances, a spacious living area with updated coastal furnishings, and floor-to-ceiling glass doors leading to a private balcony overlooking the emerald waters and white sand beaches of the Gulf of Mexico.
The primary suite offers a comfortable king-sized bed, while the separate bunk room (queen-over-queen configuration) significantly increases occupancy--making this unit ideal for vacation rental income. Coastal tones and modern finishes create a bright, clean, and turnkey-ready interior.
Step outside to your private balcony and take in panoramic beachfront views, perfect for sunrise coffee or sunset cocktails--one of the most desirable features for Panama City Beach vacation rentals.This unit also includes a deeded parking space, a rare and highly valuable asset that enhances both convenience and rental appeal.
Owners and guests at Shores of Panama enjoy resort-style amenities including: Lagoon-style beachfront pool,Indoor heated pool & hot tub, Fitness center & full-service spa, On-site dining and bar, Direct beach access.
Located in the heart of Panama City Beach, Florida, this property is minutes from dining, entertainment, and attractions--making it a top choice for investment property buyers, second-home owners, and those seeking a turnkey beachfront condo. Whether you're searching for a high-performing investment property or a Gulf-front second home, this opportunity delivers on every level.
For sale
$399,900
9900 Thomas Dr Unit 2011, Panama City Beach, FL 32408
2beds
907sqft
Condominium
Built in 2007
-- sqft lot
$-- Zestimate®
$441/sqft
$-- HOA
What's special
Direct beach accessGulf-front condoFloor-to-ceiling glass doorsOpen-concept layout
- 152 days
- 69
- 6
Zillow last checked:
Listing updated:
Listed by:
Blankenship Watkins Advisory Group 850-805-6100,
Christies International Real Estate Emerald Coast
Source: ECAOR,MLS#: 999261
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Area: 168 Square Feet
- Dimensions: 14 x 12
Other
- Level: First
- Area: 64 Square Feet
- Dimensions: 8 x 8
Kitchen
- Level: First
- Area: 100 Square Feet
- Dimensions: 10 x 10
Living room
- Level: First
- Area: 256 Square Feet
- Dimensions: 16 x 16
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater
- Laundry: Washer/Dryer Hookup
Features
- Flooring: Tile
- Windows: Window Treatments
- Furnished: Yes
Interior area
- Total structure area: 907
- Total interior livable area: 907 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Exterior features: Balcony
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 40000650350
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Concrete
Condition
- Construction Complete
- New construction: No
- Year built: 2007
Utilities & green energy
- Water: Public
Community & HOA
Community
- Features: BBQ Pit/Grill, Beach, Dumpster, Elevators, Fitness Center, Game Room, Pool, Waterfront, Short Term Rental - Allowed
- Subdivision: SHORES OF PANAMA
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Legal, Management, Recreational Faclty, Security, Sewer, Cable TV, Trash, Water, Internet
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $441/sqft
- Tax assessed value: $361,251
- Annual tax amount: $3,860
- Date on market: 3/30/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/27/2026 | Price change | $399,900-4.8%$441/sqft |
Source: | ||
| 3/30/2026 | Listed for sale | $419,900+1.2%$463/sqft |
Source: | ||
| 12/25/2025 | Listing removed | $415,000$458/sqft |
Source: | ||
| 1/27/2025 | Price change | $415,000-5.7%$458/sqft |
Source: | ||
| 10/5/2024 | Price change | $440,000-3.3%$485/sqft |
Source: | ||
| 5/3/2024 | Listed for sale | $455,000$502/sqft |
Source: | ||
| 10/19/2023 | Listing removed | -- |
Source: | ||
| 9/7/2023 | Price change | $455,000-3.2%$502/sqft |
Source: | ||
| 5/17/2023 | Listed for sale | $470,000+16%$518/sqft |
Source: | ||
| 7/13/2022 | Sold | $405,000+43.1%$447/sqft |
Source: | ||
| 3/22/2021 | Sold | $283,000$312/sqft |
Source: | ||
| 3/14/2021 | Pending sale | $283,000$312/sqft |
Source: | ||
| 3/11/2021 | Listed for sale | $283,000+23%$312/sqft |
Source: | ||
| 8/9/2019 | Sold | $230,000-3.8%$254/sqft |
Source: | ||
| 6/8/2019 | Listed for sale | $239,000$264/sqft |
Source: Jim Free Realty LLC #684660 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,517 -1.3% | $361,251 |
| 2023 | $4,579 +39.2% | $361,251 +29.6% |
| 2022 | $3,290 | $278,759 |
| 2021 | -- | -- |
| 2020 | $2,420 +9.6% | $195,501 +10.1% |
| 2019 | $2,208 | $177,557 +10% |
| 2018 | $2,208 +8.7% | $161,415 +3.5% |
| 2017 | $2,032 +13.6% | $155,975 -0.1% |
| 2016 | $1,789 -4.7% | $156,188 |
| 2015 | $1,877 | $156,188 +6.8% |
| 2014 | $1,877 | $146,200 +5.8% |
| 2013 | -- | $138,125 -0.6% |
| 2012 | -- | $138,975 -0.7% |
| 2011 | -- | $140,000 -21.6% |
| 2010 | -- | $178,500 -14.8% |
| 2009 | -- | $209,610 -10% |
| 2008 | -- | $232,900 |
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: ECAOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







