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For sale
    • Price cut: $2.5K (8/15)
    $465,000

    9900 Thomas Dr Unit 407, Panama City Beach, FL 32408

    2beds
    1,148sqft
    : 
    $4,459/mo
    Get pre-qualified
    Condominium
    Built in 2007
    -- sqft lot
    $452,500 Zestimate®
    $405/sqft
    $1,473/mo HOA

    What's special

    Indoor poolFitness centerTiki barsFood barsNew microwaveGarage parking
    Low Floor 407, has 3 full baths, and renters love it for that reason. 2 Bedroom, plus bunkroom feels like a 3 bedroom. (Sleeps 8) Parking is a vertical space so close to unit and on same floor. No elevator hassles. New microwave, refrigerator, and LVT flooring. Shores is a rental monster and this floorplan does not disappoint! Same seller has 409 for sale too which would be great to buy them and rent them to friends and family who want to stay together. Shores of Panama is one of the best ROI's on the beach, and when you have a low floor at Shores, with same floor parking - you are Golden! This particular parking space, is very close to the unit, and has a little extra space on the side of it. Currently, Shores of Panama is undergoing a major exterior facelift, and will be so beautiful when complete, which will put your investment well ahead of the others in PCB. The new Florida Condo Requirements are fast approaching for other resorts in town, and Shores of Panama will be complete, ahead of the game, and ready to capitalize maximum profit. Once Shores facelift is complete, there will be no stopping it. It will be the premier place to be in PCB. The price tag on a beachfront low floor unit like this will never be again. Don't miss this opportunity to capitalize on a ''buy now price''. Adding this to your portfolio will ensure years of ROI success. Rentals will continue strong during construction. Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive lazy river style gulf-side pool and hot-tub, tiki bars, food bars, indoor pool, garage parking, and a fitness center. Stucco Construction is complete on this unit, so it's ready for summer rental .
    143 days
    50
    2

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelly R Zarda 850-532-8456,

    Emerald Coast Real Estate & Vacations LLC

    Source: CPAR,MLS#: 788034MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Rooms
      • Room types: Bedroom, Full Bath, Half Bath, Primary Bathroom, Primary Bedroom, Other
      Primary bedroom
      • Description: Sliding glass door, Master Bathroom has garden tub
      • Level: First
      • Dimensions: 12 x 11
      Bedroom
      • Description: All Tile, Big Bathroom inside 2nd bedroom
      • Level: First
      • Dimensions: 12 x 11
      Primary bathroom
      • Description: double vanity
      • Level: First
      • Dimensions: 13 x 7
      Other
      • Description: Bunkroom is huge! Double bunk with single on top,
      • Level: First
      • Dimensions: 10 x 8
      Other
      • Dimensions: 10 x 9
      Half bath
      • Dimensions: 7 x 4
      Other
      • Features: Balcony
      • Level: First
      • Dimensions: 14 x 8
      Heating
      • Central, Electric
      Cooling
      • Central Air
      Appliances
      • Included: Electric Range, Electric Water Heater
      Features
      • Double Vanity, Main Level Primary, Soaking Tub, Tub Shower, Walk-In Closet(s)
      Interior area
      • Total structure area: 1,148
      • Total interior livable area: 1,148 sqft

      Property

      Parking
      • Parking features: Gated
      Accessibility
      • Accessibility features: Accessible Bedroom, Accessible Kitchen, Accessible Central Living Area
      Features
      • Patio & porch: Balcony
      • Pool features: In Ground, Community
      • Has view: Yes
      • View description: Gulf
      • Has water view: Yes
      • Water view: Gulf
      • Waterfront features: Gulf
      Details
      • Parcel number: 40000650058
      • 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, Stucco
      • Roof: Flat
      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, Conference/Meeting Room, Park, Pool, Sauna, Community Pool, Short Term Rental Allowed
      • Security: Fire Alarm, Smoke Detector(s), Security Service
      • Subdivision: Shores Of Panama
      HOA
      • Has HOA: Yes
      • Amenities included: Other, See Remarks, Beach Rights, Barbecue, Picnic Area, Sauna
      • Services included: Association Management, Clubhouse, 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: $405/sqft
      • Tax assessed value: $446,165
      • Annual tax amount: $4,877
      • Date on market: 4/7/2026
      • Cumulative days on market: 144 days
      • Electric utility on property: Yes

        Estimated market value

        $452,500

        $430,000 - $475,000

        $2,613/mo

        Price history

        DateEventPrice
        8/15/2026Price change$465,000-0.5%$405/sqft
        Source: CPAR #788034 Report a problem
        7/12/2026Price change$467,500-0.5%$407/sqft
        Source: CPAR #788034 Report a problem
        5/17/2026Price change$470,000-0.5%$409/sqft
        Source: CPAR #788034 Report a problem
        4/24/2026Price change$472,500-1%$412/sqft
        Source: CPAR #788034 Report a problem
        4/7/2026Listed for sale$477,500$416/sqft
        Source: CPAR #788034 Report a problem
        3/1/2026Listing removed$477,500$416/sqft
        Source: CPAR #779366 Report a problem
        12/28/2025Price change$477,500-0.5%$416/sqft
        Source: CPAR #779366 Report a problem
        9/22/2025Listed for sale$480,000$418/sqft
        Source: CPAR #779366 Report a problem
        8/15/2025Listing removed$480,000$418/sqft
        Source: CPAR #769793 Report a problem
        8/9/2025Price change$480,000-0.5%$418/sqft
        Source: CPAR #769793 Report a problem
        7/27/2025Price change$482,500-0.5%$420/sqft
        Source: CPAR #769793 Report a problem
        7/12/2025Price change$485,000-0.5%$422/sqft
        Source: CPAR #769793 Report a problem
        6/27/2025Price change$487,500-0.3%$425/sqft
        Source: CPAR #769793 Report a problem
        5/30/2025Price change$489,000-0.5%$426/sqft
        Source: CPAR #769793 Report a problem
        5/23/2025Price change$491,500-0.5%$428/sqft
        Source: CPAR #769793 Report a problem
        4/18/2025Price change$494,000-0.5%$430/sqft
        Source: CPAR #769793 Report a problem
        4/4/2025Price change$496,500-0.5%$432/sqft
        Source: CPAR #769793 Report a problem
        3/5/2025Listed for sale$499,000+84.1%$435/sqft
        Source: CPAR #769793 Report a problem
        3/16/2018Sold$271,000-1.5%$236/sqft
        Source: CPAR #664720 Report a problem
        2/19/2018Pending sale$275,000$240/sqft
        Source: Beachy Beach Inc #664720 Report a problem
        11/1/2017Listed for sale$275,000+22.8%$240/sqft
        Source: Beachy Beach Inc #664720 Report a problem
        6/6/2014Sold$224,000$195/sqft
        Source: CPAR #615297 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$4,877 +4%$322,435 +10%
        2023$4,691 +37%$293,123 +10%
        2022$3,424 $266,475
        2021-- --
        2020$3,048 +9%$250,274 +7.9%
        2019$2,796 $232,050 +21.9%
        2018$2,796 +17.8%$190,400 +4.2%
        2017$2,372 +13.5%$182,750 -13.3%
        2016$2,090 -7.6%$210,890 +11.8%
        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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: Callaway
        • 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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