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Sold for $433,000
  • $433,000

    9900 Thomas Dr Unit 721, Panama City Beach, FL 32408

    2beds
    1,184sqft
    Condominium
    Built in 2007
    -- sqft lot
    $437,200 Zestimate®
    $366/sqft
    $2,605 Estimated rent

    Home value

    $437,200

    $415,000 - $459,000

    $2,605/mo

    Zestimate® history
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    What's special

    Modern finishes
    'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Coveted 7th-Floor Condo with Same-Level Parking - Turn-Key 2BR/3BA at Shores of Panama. Welcome to Unit 721, a beautifully updated and fully furnished condo in one of Panama City Beach's most iconic Gulf-front resorts. This 2 bedroom, + Bunkroom, 3 bathroom layout is a standout, featuring two private en-suite bedrooms plus a separate bunk room with its own full bath. Sleeps 8 comfortably and efficiently, making it ideal for personal use or strong rental performance. This low-floor unit is a true convenience find: the dedicated, assigned parking space is located on the same floor as the condo--no elevators, no hassle. Inside, the space is completely turn-key with modern finishes, coastal décor, and gorgeous tile flooring throughout. The living room and kitchen offer a direct Gulf view, giving you the beauty of the beach the moment you step inside. Mechanical updates include an A/C and water heater that are approximately five years old, providing peace of mind and reduced ownership costs. Shores of Panama offers exceptional resort-style amenities, including: • 500 feet of private Gulf frontage • A 14,000 sq. ft. zero-entry lagoon pool • Hot tub, heated indoor pool and hot tub • Fitness center • Two full-service bars and seasonal food service • 24/7 security • High-speed internet, on-site events, and chair rentals The building is currently undergoing a major exterior improvement and painting project, with balconies temporarily closed. Once completed, the resort will be beautifully refreshed and positioned for even stronger future appeal. Located in the heart of Panama City Beach, you're steps from Pineapple Willy's and minutes from Pier Park, shopping, dining, and St. Andrews State Park. This unit is rental-ready, beautifully maintained, and offers both present value and long-term upside. Schedule your private viewing today to experience everything Unit 721 has to offer. Call your favorite Realtor and make an appointment today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Barbara A Wade 505-903-9061,

    Beachy Beach Real Estate

    Bought with:

    Kelly R Zarda

    Emerald Coast Real Estate & Vacations LLC

    Source: CPAR,MLS#: 781708MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    Rooms
    • Room types: Kitchen, Living Room, Primary Bedroom
    Primary bedroom
    • Description: Please verify all information
    • Level: First
    • Dimensions: 17 x 12
    Primary bedroom
    • Description: Please verify all information
    • Level: First
    • Dimensions: 12 x 12
    Other
    • Description: Please verify all information
    • Level: First
    • Dimensions: 10 x 9
    Kitchen
    • Description: Please verify all information
    • Level: First
    • Dimensions: 9 x 8
    Living room
    • Description: Please verify all information
    • Level: First
    • Dimensions: 12 x 17
    Heating
    • Central, Forced Air
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Electric Range, Electric Water Heater
    Features
    • Main Level Primary, Tub Shower
    Interior area
    • Total structure area: 1,184
    • Total interior livable area: 1,184 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Gated
    • Covered spaces: 1
    Features
    • Patio & porch: Balcony
    • Pool features: Gunite, Indoor, In Ground, Community
    • Spa features: Community
    • Has view: Yes
    • View description: Gulf, Other
    • Has water view: Yes
    • Water view: Gulf
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Parcel number: 40000675080
    • 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

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

    Community & HOA

    Community
    • Features: Beach, Elevator, Fitness Center, Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Building Security, Gated with Guard, Gated Community, 24 Hour Security, Security Gate, Smoke Detector(s), Security Service
    • Subdivision: Shores Of Panama Phase II
    HOA
    • Has HOA: Yes
    • Amenities included: Other, See Remarks, Game Room, Gated, Gazebo, Barbecue, Spa/Hot Tub
    • Services included: Association Management, Cable TV, Fitness Facility, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Water
    • HOA fee: $3,791 quarterly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $366/sqft
    • Tax assessed value: $488,751
    • Annual tax amount: $5,245
    • Date on market: 11/15/2025
    • Cumulative days on market: 227 days
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    7/30/2026Sold$433,000-4.8%$366/sqft
    Source: CPAR #781708 Report a problem
    7/1/2026Pending sale$454,600$384/sqft
    Source: CPAR #781708 Report a problem
    5/4/2026Price change$454,600-1.1%$384/sqft
    Source: CPAR #781708 Report a problem
    4/28/2026Price change$459,600-0.1%$388/sqft
    Source: CPAR #781708 Report a problem
    2/15/2026Price change$459,900-1.5%$388/sqft
    Source: CPAR #781708 Report a problem
    1/9/2026Price change$467,000-1.5%$394/sqft
    Source: CPAR #781708 Report a problem
    11/15/2025Listed for sale$474,000-12.2%$400/sqft
    Source: CPAR #781708 Report a problem
    5/3/2024Sold$540,000-1.8%$456/sqft
    Source: CPAR #751630 Report a problem
    2/11/2024Pending sale$550,000$465/sqft
    Source: CPAR #751630 Report a problem
    1/21/2024Listed for sale$550,000+73.1%$465/sqft
    Source: CPAR #751630 Report a problem
    2/27/2021Listing removed--
    Source: Owner Report a problem
    9/22/2020Sold$317,800-9.2%$268/sqft
    Source: Public Record Report a problem
    8/15/2020Listing removed$2,995$3/sqft
    Source: Owner Report a problem
    8/2/2020Listed for rent$2,995+7%$3/sqft
    Source: Owner Report a problem
    6/24/2020Listed for sale$349,900+27.2%$296/sqft
    Source: Owner Report a problem
    4/17/2020Listing removed$2,799$2/sqft
    Source: Owner Report a problem
    4/16/2020Price change$2,7990%$2/sqft
    Source: Owner Report a problem
    4/4/2020Listed for rent$2,800$2/sqft
    Source: Owner Report a problem
    9/7/2018Sold$275,000$232/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$4,894 0%$319,042 +10%
    2023$4,896 +45.8%$290,038 +10%
    2022$3,357 $263,671
    2021-- --
    2020$2,706 -4.4%$218,441 -6.5%
    2019$2,832 $233,751 +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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    $437,200
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