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Sold for $512,500
  • $512,500

    9900 Thomas Dr Unit 2321, Panama City Beach, FL 32408

    2beds
    1,184sqft
    Condominium
    Built in 2007
    -- sqft lot
    $454,100 Zestimate®
    $433/sqft
    $2,605 Estimated rent

    Home value

    $454,100

    $418,000 - $490,000

    $2,605/mo

    Zestimate® history
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    What's special

    Indoor heated poolHot tubShopping centersPopular entertainment venuesMaster ensuiteUpgraded granite countersOnsite coffee
    This unique penthouse level floor offering ultimate space, privacy and views at 9900 South Thomas Drive in Panama City Beach, Florida is the perfect destination to create unforgettable memories with your family or friends. Featuring 2 bedrooms and 3 bathrooms within its 1184 sqft of living area, this fully furnished coastal property offers an impressive array of amenities including a large 13,966 SF gulf side lagoon-style pool, plus an indoor heated pool & hot tub, two tiki bars as well as other amazing resort style amenities. This Penthouse level luxury condo is a rental machine, generating an impressive $70,000 in gross rental returns.The open concept living/dining area blends perfectly with the modern/coastal decor that will instantly make you feel right at home. The updated luxury flooring add to the overall charm while upgraded granite counters gracefully contrast with stainless steel appliances adding both elegance and functionality. With a breakfast bar for casual meals and additional bunk area plus third full bath there's ample room to host multi-generations easily without feeling cramped. All these features are great for maximizing short-term rental income when not enjoying it yourself! From the balcony you'll be able to take in sweeping views of the Gulf while from the master ensuite plus second bedroom you can experience stunning water vistas on top of all other luxuries already mentioned before. Onsite coffee & donut shop plus pizza makes sure everyone is happy here! Centrally located close to dining hotspots, shopping centers, and popular entertainment venues adds even more value when investing into this property . This one-of-a kind opportunity should not be missed so contact us today if interested in scheduling a showing. If you're looking for high income investment property, this is one you don't want to miss. Contact listing agent today for a showing appointment and get ready to pack your bags! Buyer to verify all measurements.

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynne Andrews 404-784-5606,

    Corcoran Reverie

    Bought with:

    Lynne Andrews, SL3442861

    Corcoran Reverie

    Source: CPAR,MLS#: 741229MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Bedroom, Great Room, Primary Bedroom
    Primary bedroom
    • Level: First
    • Dimensions: 12 x 17
    Bedroom
    • Level: First
    • Dimensions: 13 x 11
    Other
    • Level: First
    • Dimensions: 8 x 7
    Great room
    • Level: First
    • Dimensions: 15 x 11
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Washer/Dryer Stacked, Electric Cooktop, Electric Range, Electric Water Heater
    • Laundry: Washer Hookup, Dryer Hookup, Stacked
    Interior area
    • Total structure area: 1,184
    • Total interior livable area: 1,184 sqft

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: Accessible Elevator Installed, Accessible Entrance
    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
    Lot
    • Features: Sprinkler System
    Details
    • Parcel number: 40000675288
    • Zoning description: Resid Single 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
    • Concrete
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Available, Water Connected

    Community & HOA

    Community
    • Features: Beach, Clubhouse, Elevator, Fitness Center, Park, Pool, Waterfront, Barbecue, Short Term Rental Allowed
    • Security: Building Security, 24 Hour Security, Security Service
    • Subdivision: Shores Of Panama Phase II
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $433/sqft
    • Tax assessed value: $488,750
    • Annual tax amount: $3,357
    • Date on market: 5/9/2023
    • Cumulative days on market: 88 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/20/2023Sold$512,500-6.6%$433/sqft
    Source: CPAR #741229 Report a problem
    8/7/2023Pending sale$549,000$464/sqft
    Source: ECAOR #926638 Report a problem
    6/30/2023Price change$549,000-6.8%$464/sqft
    Source: ECAOR #926638 Report a problem
    5/9/2023Listed for sale$589,000$497/sqft
    Source: CPAR #741229 Report a problem
    5/9/2023Listing removed$589,000$497/sqft
    Source: ECAOR #917947 Report a problem
    5/2/2023Price change$589,000-1.7%$497/sqft
    Source: ECAOR #917947 Report a problem
    3/1/2023Listed for sale$599,000+0.3%$506/sqft
    Source: ECAOR #917947 Report a problem
    11/3/2022Listing removed--
    Source: CPAR #729000 Report a problem
    7/2/2022Listed for sale$597,000+13.7%$504/sqft
    Source: CPAR #729000 Report a problem
    6/9/2022Listing removed--
    Source: CPAR #723408 Report a problem
    3/11/2022Listed for sale$525,000+128.3%$443/sqft
    Source: CPAR #723408 Report a problem
    12/31/2013Sold$230,000$194/sqft
    Source: CPAR #615521 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,474 +11.8%$488,750 +68.5%
    2023$4,896 +45.8%$290,037 +10%
    2022$3,357 $263,670
    2021-- --
    2020$2,706 -4.4%$218,440 -6.5%
    2019$2,832 $233,750 +7.8%
    2018$2,832 +5.5%$216,750 +3%
    2017$2,684 +11.9%$210,375
    2016$2,400 -2.6%$210,375 +2.3%
    2015$2,462 $205,700 +0.9%
    2014$2,462 $203,915 +9.1%
    2013-- $186,915 +10.4%
    2012-- $169,312 -17.4%
    2011-- $204,975 -5.1%
    2010-- $215,900 -38.4%
    2009-- $350,464 -20.4%
    2008-- $440,448
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby schools

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