409! Low Floor Alert! w/ Same Floor designated parking! Beach front condo with great revenue potential. Low floors are golden ROI at Shores of Panama.
Parking is literally right around the corner from front door. You are just steps from parking to door~ No Elevators! Spectacular View of the Gulf and Pool! - Sleeps 6. If you are familiar with Shores of Panama - You know its a Rental Machine and Summer 2025 is booking now! Stucco Renovations complete on this particular unit.
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. Side note: Seller is also selling 407, would be great to buy them both and rent to family and friends that want to be close together.
For sale
Price cut: $2.5K (8/15)
$340,000
9900 Thomas Dr Unit 409, Panama City Beach, FL 32408
1beds
864sqft
Condominium
Built in 2007
-- sqft lot
$330,600 Zestimate®
$394/sqft
$1,109/mo HOA
What's special
Beach front condoIndoor poolTiki barsFood barsGarage parkingSame floor designated parking
- 151 days
- 32
- 4
Zillow last checked:
Listing updated:
Listed by:
Kelly R Zarda 850-532-8456,
Emerald Coast Real Estate & Vacations LLC
Source: CPAR,MLS#: 787668
Originating MLS: Central Panhandle Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Living Room
Living room
- Dimensions: 18 x 13
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Washer/Dryer Stacked, Electric Oven
- Laundry: Stacked
Features
- Doors: Storm Door(s)
- Windows: Storm Window(s)
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Features
- Patio & porch: Balcony
- Exterior features: Barbecue
- Pool features: Indoor, In Ground, Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf
Details
- Parcel number: 40000650060
- Zoning description: City
- 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, High Speed Internet Available
Community & HOA
Community
- Features: Fitness Center, Pool, Sauna, Barbecue, Community Pool, Short Term Rental Allowed
- Security: Building Security, 24 Hour Security, Security Guard
- Subdivision: Shores Of Panama
HOA
- Has HOA: Yes
- Amenities included: Other, See Remarks, Beach Rights, Gated, Barbecue, Picnic Area, Sauna
- Services included: Internet, Legal/Accounting, Maintenance Grounds, Pest Control
- HOA fee: $3,326 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $394/sqft
- Tax assessed value: $350,626
- Annual tax amount: $3,964
- Date on market: 3/31/2026
- Cumulative days on market: 152 days
- Electric utility on property: Yes
Estimated market value
$330,600
$314,000 - $347,000
$2,414/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/15/2026 | Price change | $340,000-0.7%$394/sqft |
Source: | ||
| 7/12/2026 | Price change | $342,500-0.7%$396/sqft |
Source: | ||
| 5/17/2026 | Price change | $345,000-0.7%$399/sqft |
Source: | ||
| 4/24/2026 | Price change | $347,500-1.4%$402/sqft |
Source: | ||
| 3/31/2026 | Listed for sale | $352,500$408/sqft |
Source: | ||
| 1/30/2026 | Listing removed | $352,500$408/sqft |
Source: | ||
| 12/28/2025 | Price change | $352,500-0.7%$408/sqft |
Source: | ||
| 8/16/2025 | Listed for sale | $355,000$411/sqft |
Source: | ||
| 7/16/2025 | Listing removed | $355,000$411/sqft |
Source: | ||
| 7/12/2025 | Price change | $355,000-0.7%$411/sqft |
Source: | ||
| 6/27/2025 | Price change | $357,500-0.7%$414/sqft |
Source: | ||
| 5/30/2025 | Price change | $360,000-0.7%$417/sqft |
Source: | ||
| 5/23/2025 | Price change | $362,500-0.7%$420/sqft |
Source: | ||
| 5/12/2025 | Price change | $365,000-0.7%$422/sqft |
Source: | ||
| 4/28/2025 | Price change | $367,500-0.7%$425/sqft |
Source: | ||
| 4/18/2025 | Price change | $370,000-0.7%$428/sqft |
Source: | ||
| 4/4/2025 | Price change | $372,500-0.7%$431/sqft |
Source: | ||
| 3/5/2025 | Listed for sale | $375,000+82.9%$434/sqft |
Source: | ||
| 7/16/2018 | Sold | $205,000$237/sqft |
Source: | ||
| 7/9/2018 | Pending sale | $205,000$237/sqft |
Source: Lifes A Beach Real Estate, LLC #673782 Report a problem | ||
| 7/9/2018 | Listed for sale | $205,000+10.9%$237/sqft |
Source: Lifes A Beach Real Estate, LLC #673782 Report a problem | ||
| 8/12/2016 | Listing removed | $184,900$214/sqft |
Source: Pineapple Properties #631367 Report a problem | ||
| 4/29/2015 | Listed for sale | $184,900-98.4%$214/sqft |
Source: Pineapple Properties #631367 Report a problem | ||
| 4/23/2012 | Sold | $11,817,000+5960%$13,677/sqft |
Source: Agent Provided Report a problem | ||
| 11/7/2011 | Listed for sale | $195,000$226/sqft |
Source: Star Real Estate Association, LLC #410751 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,964 +6.6% | $254,555 +10% |
| 2023 | $3,719 +39.2% | $231,414 +10% |
| 2022 | $2,671 | $210,376 |
| 2021 | -- | -- |
| 2020 | $2,242 +4.2% | $179,351 +1.7% |
| 2019 | $2,152 | $176,376 +27.7% |
| 2018 | $2,152 +22.6% | $138,126 +6.9% |
| 2017 | $1,754 +17.9% | $129,200 -9% |
| 2016 | $1,489 -11.3% | $141,950 +1.8% |
| 2015 | $1,679 | $139,400 +5.8% |
| 2014 | $1,679 | $131,750 +4.7% |
| 2013 | -- | $125,800 -4.8% |
| 2012 | -- | $132,192 -2.8% |
| 2011 | -- | $136,000 -8.4% |
| 2010 | -- | $148,453 -23.3% |
| 2009 | -- | $193,622 -10% |
| 2008 | -- | $215,135 |
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: 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.







