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Sold for $366,000
  • $366,000

    9900 Thomas Dr Unit 426, Panama City Beach, FL 32408

    1beds
    936sqft
    Condominium
    Built in 2007
    -- sqft lot
    $322,100 Zestimate®
    $391/sqft
    $2,659 Estimated rent

    Home value

    $322,100

    $296,000 - $348,000

    $2,659/mo

    Zestimate® history
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    What's special

    Under Contract - Taking Backups the phrase 'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS. Wonderful high-yielding, 100% turn-key, 4th story vacation rental! This 1 bedroom, 2 bath condo has a beautiful private patio with a beach-front view of the emerald waters and white sands of the Gulf of Mexico. A huge bonus is a designated parking space on the same floor in the parking garage! This spacious, freshly painted condo is being sold fully furnished, with high-end, solid wood furnishings, completely equipped and ready for your next vacation or short-term rental guest. This condo was fully renovated with new floors, countertops and paint in 2020. Brand new water heater in 2023! The building insurance is negotiated and included in the HOA fees, so you don't have to worry about that! The full-service resort known as Shores of Panama provides a host of luxury amenities, including a lagoon style pool, two tiki bars for on-site dining and drinks, and exhilarating water sports and beachfront activities. The resort's spectacular beachfront deck with a zero-entry, lagoon-style pool, a kids' play area, and a Jacuzzi to our heated indoor pool and accompanying indoor Jacuzzi provides plenty of opportunities to make a splash. Centrally located in Panama City Beach, it is directly next to Pineapple Willy's, one of the most popular pier-like beach front restaurants in Panama City Beach, Florida. Come see for yourself why this resort is one of the top destinations as a 2nd home or investment property. With proven success, this investment property can start yielding immediate income as it is already being managed by Real Joy Property Management with future reservations already in the books.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicole Lane 816-479-5251,

    EXP Realty LLC,

    Non Member,

    NON-MEMBER OFFICE

    Bought with:

    Mila Jackson, 3490962

    Berkshire Hathaway HomeServices Beach Properties of Florida

    Source: CPAR,MLS#: 750893MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Living Room
    Bedroom
    • Level: First
    • Dimensions: 12 x 12
    Living room
    • Level: First
    • Dimensions: 17 x 15
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Ice Maker
    • Laundry: Stacked
    Interior area
    • Total structure area: 936
    • Total interior livable area: 936 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Additional Parking
    • Garage spaces: 1
    Features
    • Patio & porch: Balcony
    • Pool features: Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf
    Details
    • Parcel number: 40000675046
    • Zoning description: Resort

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • Year built: 2007

    Utilities & green energy

    • Utilities for property: Phone Available

    Community & HOA

    Community
    • Features: Pool, Waterfront, Gated, Short Term Rental Allowed
    • Security: Building Security, Fire Escape, Fire Sprinkler System, Security Gate, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security, Security Guard, Fire Alarm
    • Subdivision: Shores Of Panama Phase II
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Gazebo
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $391/sqft
    • Tax assessed value: $322,959
    • Annual tax amount: $2,674
    • Date on market: 2/13/2024
    • Cumulative days on market: 66 days

    Price history

    DateEventPrice
    4/23/2024Sold$366,000-12.9%$391/sqft
    Source: CPAR #750893 Report a problem
    4/11/2024Contingent$420,000$449/sqft
    Source: CPAR #750893 Report a problem
    2/13/2024Listed for sale$420,000$449/sqft
    Source: CPAR #750893 Report a problem
    1/11/2024Listing removed--
    Source: CPAR #750893 Report a problem
    1/3/2024Listed for sale$420,000+78.7%$449/sqft
    Source: CPAR #750893 Report a problem
    12/29/2020Sold$235,000$251/sqft
    Source: CPAR #705030 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$3,667 +5.2%$234,191 +10%
    2023$3,487 +30.4%$212,901 +10%
    2022$2,674 $193,546
    2021-- --
    2020$2,083 +3.6%$163,084 +2.3%
    2019$2,010 $159,418 +10%
    2018$2,010 +8.3%$144,925 -12.9%
    2017$1,855 -2.7%$166,388 +1.4%
    2016$1,906 -1.2%$164,050 +2.1%
    2015$1,929 $160,608 +8%
    2014$1,929 $148,665 +5%
    2013-- $141,525 +12%
    2012-- $126,360 -21.3%
    2011-- $160,650
    2010-- $160,650 -42%
    2009-- $277,056 -20.4%
    2008-- $348,192
    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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    With Zillow Showcase(estimated)
    $328,542