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Sold for $395,000
  • $395,000

    9900 Thomas Dr Unit 418, Panama City Beach, FL 32408

    2beds
    1,066sqft
    Condominium
    Built in 2007
    -- sqft lot
    $391,500 Zestimate®
    $371/sqft
    $2,602 Estimated rent

    Home value

    $391,500

    $356,000 - $431,000

    $2,602/mo

    Zestimate® history
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    What's special

    Indoor heated poolBeachfront tiki barsTwo hot tubsLarge ensuite bathGulf-front master bedroomCenter stackFull-size washer and dryer
    🚨 READY TO SELL NOW! 🚨 HUGE PRICE DROP — NOW $399,900! (Previously $449,900) LOW FLOOR • CENTER STACK • GULF-FRONT MASTER BEDROOM • MOST POPULAR 2BR + BUNK PLAN This is one of the BEST values at Shores of Panama right now! Located on the highly desired 4th floor, this premier 2BR + Bunk condo offers the perfect elevation for easy access, straight-on views of the lagoon pool and Gulf, and your own reserved 4th-floor parking space just steps from your door. Beautifully updated and TurnKey Rental Ready, this condo features: • All-tile flooring throughout • New furnishings (2024) • Stainless steel appliances • Full-size washer & dryer • Fresh décor and kitchen amenities The Gulf-front master bedroom opens directly to the balcony—an upgrade most floorplans do not offer. The large ensuite bath includes a double vanity, walk-in closet, soaking tub, and separate shower. The bunk room has natural light, a privacy door, and easy access to the second full bathroom, making this one of the highest-demand layouts for both families and investors. Professionally managed by Azure Properties, this condo enjoys excellent rental performance with an average guest review rating of 4.9 stars across booking platforms. Shores of Panama amenities include: • Iconic 14,000 sq ft lagoon-style Gulf-front pool • Two hot tubs • Indoor heated pool • Beachfront tiki bars • Large fitness center • Banquet/conference room • Coffee/donut shop • 500+ ft of sugar-white beach • Onsite bike/locker rentals • 24/7 onsite security Perfectly located next to Pineapple Willy's, Waffle House, The Wharf Buffet, and a short walk to Super Walmart and multiple shops & restaurants. This price point is RARE for a low-floor Gulf-front master unit—don't miss it! Buyer to verify all information important to them including square footage, room dimensions, COA dues/assessments, and taxes.

    Zillow last checked:

    Listing updated:

    Listed by:

    Carla D Singleton 931-797-3884,

    Ohana Real Estate Services

    Bought with:

    Kelly R Zarda

    Emerald Coast Real Estate & Vacations LLC

    Source: CPAR,MLS#: 771278MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bedroom, Primary Bedroom
    Primary bedroom
    • Description: Ensuite Full Bathtub/Shower Combo
    • Level: First
    • Dimensions: 13 x 11
    Bedroom
    • Description: Ensuite Full Bath Walk-in shower
    • Level: First
    • Dimensions: 11 x 10
    Other
    • Description: Ensuite 1/2 bath
    • Level: First
    • Dimensions: 9 x 7
    Appliances
    • Included: Electric Range
    Interior area
    • Total structure area: 1,066
    • Total interior livable area: 1,066 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Gated
    • Garage spaces: 2
    Features
    • Patio & porch: Balcony
    • Exterior features: Barbecue
    • Pool features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    • Frontage length: 500
    Details
    • Parcel number: 40000650069
    • Zoning description: Resid Multi-Family
    • 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

    • Utilities for property: Cable Connected

    Community & HOA

    Community
    • Features: Beach, Elevator, Fitness Center, Park, Pool, Sauna, Shopping, Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
    • Security: Security Service
    • Subdivision: Shores Of Panama
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Beach Rights, Barbecue, Sauna
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $371/sqft
    • Tax assessed value: $395,250
    • Annual tax amount: $5,050
    • Date on market: 4/1/2025
    • Cumulative days on market: 281 days

    Price history

    DateEventPrice
    3/20/2026Sold$395,000-1.2%$371/sqft
    Source: CPAR #771278 Report a problem
    1/5/2026Pending sale$399,900$375/sqft
    Source: CPAR #771278 Report a problem
    12/5/2025Price change$399,900-13%$375/sqft
    Source: CPAR #771278 Report a problem
    8/5/2025Price change$459,900-9.8%$431/sqft
    Source: CPAR #771278 Report a problem
    4/1/2025Listed for sale$510,000-3.8%$478/sqft
    Source: CPAR #771278 Report a problem
    8/1/2024Listing removed--
    Source: CPAR #750481 Report a problem
    3/29/2024Listed for sale$530,000$497/sqft
    Source: CPAR #750481 Report a problem
    2/27/2024Contingent$530,000$497/sqft
    Source: CPAR #750481 Report a problem
    2/4/2024Pending sale$530,000$497/sqft
    Source: CPAR #750481 Report a problem
    12/19/2023Listed for sale$530,000+11.1%$497/sqft
    Source: CPAR #750481 Report a problem
    5/12/2023Sold$477,000+23.9%$447/sqft
    Source: Public Record Report a problem
    3/15/2022Sold$385,000+24.2%$361/sqft
    Source: Public Record Report a problem
    1/22/2021Sold$310,000-8.6%$291/sqft
    Source: CPAR #702446 Report a problem
    1/8/2021Contingent$339,000$318/sqft
    Source: CPAR #702446 Report a problem
    9/28/2020Listed for sale$339,000+23.3%$318/sqft
    Source: RealJoy Properties LLC #702446 Report a problem
    10/1/2009Sold$275,000$258/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,050 +0.8%$395,250
    2023$5,009 +34.2%$395,250 +24%
    2022$3,733 $318,750
    2021-- --
    2020$3,024 +9.5%$235,013 +10%
    2019$2,762 $213,648 +10%
    2018$2,762 +13.9%$194,225 -1.5%
    2017$2,425 +7.7%$197,200 -2.9%
    2016$2,252 -7.4%$203,171
    2015$2,432 $203,171 +3.5%
    2014$2,432 $196,350 +10%
    2013-- $178,500 -14.3%
    2012-- $208,250 -0.5%
    2011-- $209,194 +2.1%
    2010-- $204,944
    2009-- $204,944 -10%
    2008-- $227,715
    Find assessor info on the county website

    Neighborhood: 32408

    Nearby schools

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

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $391,500
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    With Zillow Showcase(estimated)
    $399,330
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $391,500
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    +$7,830
    With Zillow Showcase(estimated)
    $399,330