For sale

$640,000

9900 Thomas Dr Unit 2231, Panama City Beach, FL 32408

3beds

1,400sqft

$5,723/mo

Get pre-qualified

Condominium

Built in 2007

-- sqft lot

$606,200 Zestimate^®

$457/sqft

$1,569/mo HOA

What's special

Generously sized bedrooms

Spacious 3BR/3BA gulf front wrap around condo at Shores of Panama, one of Panama City Beach's most popular Gulf-front resorts. Unit 2231 features an open-concept living and dining area, a functional kitchen with ample cabinetry, and generously sized bedrooms with three full bathrooms—ideal for full-time living, a second home, or investment use. Enjoy resort-style amenities including a lagoon-style pool, indoor heated pool, hot tub, fitness center, on-site bar & grill, and covered parking. Centrally located in the heart of PCB, just minutes from dining, shopping, and entertainment. This condo comes with its own deeded storage unit (very large) outside the condo with electricity and refrigerator. Also comes with it's own very valuable parking spot on floor 2.

215 days
122
18

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Bedroom

Bedroom

Level: First
Dimensions: 0 x 0

Bedroom

Level: First
Dimensions: 0 x 0

Bedroom

Level: First
Dimensions: 0 x 0

Heating

Central, Electric

Cooling

Central Air, Ceiling Fan(s)

Appliances

Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Ice Maker
Laundry: Stacked

Features

Balcony, Tub Shower

Interior area

Total structure area: 1,400
Total interior livable area: 1,400 sqft

Property

Parking

Parking features: Gated

Features

Patio & porch: Balcony
Pool features: In Ground, Community
Spa features: Community
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Gulf

Lot

Features: Paved

Details

Parcel number: 40000675285
Zoning description: Resort
Special conditions: Listed As-Is

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, Electricity Available

Community & HOA

Community

Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Gated, Playground, Park, Pool, Community Pool, Short Term Rental Allowed
Security: 24 Hour Security, Security Gate, Security Service
Subdivision: Shores Of Panama

HOA

Has HOA: Yes
Amenities included: Beach Rights, Gated, Barbecue, Picnic Area
Services included: Fitness Facility, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Playground, Pool(s), Recreation Facilities, Sewer, Security
HOA fee: $4,708 quarterly

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $457/sqft
Tax assessed value: $615,154
Annual tax amount: $6,249
Date on market: 1/29/2026
Cumulative days on market: 143 days
Electric utility on property: Yes

Estimated market value

$606,200

$576,000 - $637,000

$2,942/mo

Price history

Date	Event	Price
5/12/2026	Price change	$640,000-1.5%$457/sqft
Source: CPAR #784392 Report a problem
1/29/2026	Listed for sale	$650,000+62.5%$464/sqft
Source: CPAR #784392 Report a problem
9/6/2019	Sold	$400,000-3.6%$286/sqft
Source: CPAR #684098 Report a problem
7/16/2019	Price change	$414,777-0.1%$296/sqft
Source: Coldwell Banker Residential Real Estate - Panama City Beach - Thomas Dr. #684098 Report a problem
5/27/2019	Listed for sale	$415,000+22.4%$296/sqft
Source: Coldwell Banker Residential Real Estate #684098 Report a problem
6/28/2012	Sold	$339,000-3%$242/sqft
Source: Stellar MLS #S4693274 Report a problem
4/28/2012	Price change	$349,500-5.4%$250/sqft
Source: MACAW LIFESTYLE PROPERTIES #S4693274 Report a problem
1/22/2012	Price change	$369,500+2.8%$264/sqft
Source: MACAW LIFESTYLE PROPERTIES #S4693274 Report a problem
12/30/2011	Listed for sale	$359,500-16.3%$257/sqft
Source: MACAW LIFESTYLE PROPERTIES #S4693274 Report a problem
10/14/2011	Listing removed	$429,500$307/sqft
Source: Macaw Lifestyle Properties #417424 Report a problem
9/9/2011	Listed for sale	$429,500+15.9%$307/sqft
Source: Macaw Lifestyle Properties #417424 Report a problem
3/16/2011	Listing removed	$370,500$265/sqft
Source: Listhub #411726 Report a problem
3/13/2011	Listed for sale	$370,500+5.9%$265/sqft
Source: Listhub #411726 Report a problem
10/27/2009	Sold	$350,000$250/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$6,306 +1.4%	$397,104 +10%
2023	$6,222 +31.5%	$361,004 +10%
2022	$4,731	$328,185
2021	--	--
2020	$3,600 +5.6%	$297,900 +5%
2019	$3,409	$283,713 +8.4%
2018	$3,409 +5.4%	$261,800 -6.5%
2017	$3,233 +1.6%	$280,033
2016	$3,181 -9.3%	$280,033 -4.8%
2015	$3,506	$294,000 +6.4%
2014	$3,506	$276,250 +8.4%
2013	--	$254,915 -6.6%
2012	--	$273,050 -7.1%
2011	--	$293,865 -10.2%
2010	--	$327,250 -28.2%
2009	--	$455,840 -27.7%
2008	--	$630,700