BEDS3
BATHS3 full
SQUARE FEET1,400
MLS#784818
STATUSActive
PROPERTY TYPEResidential - Condominium
SUBDIVISIONShores Of Panama Phase II
Property Description
MAJOR PRICE IMPROVEMENT + SELLER TO PAY OFF SPECIAL ASSESSMENT AT CLOSING! This Gulf-front 3BR/3BA penthouse at Shores of Panama is now offered at $630K and represents one of the most compelling opportunities currently available in the building. Positioned on the coveted end of the U-shaped building, this penthouse offers sweeping Gulf views from a rare wrap-around balcony that creates the premium guest experience vacation renters actively seek. Penthouse elevation, true Gulf-front exposure, and a spacious 3-bedroom, 3-bathroom layout make this one of the most desirable rental configurations in the resort. The unit also conveys with a dedicated parking space and private storage closet, valuable extras rarely found in competing properties. Even better, the sellers will pay off the current special assessment at closing, providing significant savings and peace of mind for the next owner. Shores of Panama features a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, direct beach access, and a prime location within walking distance of Pineapple Willy's, 810 Billiards & Bowling, shopping, and entertainment. Well-positioned 3BR units in the building commonly generate $80,000-$90,000+ annually in rental income, with upside potential beyond that when professionally optimized. For investors and second-home buyers alike, this is a rare opportunity to own a true Gulf-front penthouse at an exceptional value. 🌊💰🏖️
Property Features
Property Type: Residential - Condominium
Home Style: High Rise
Taxes: $6,693
Year Built: 2007
Amenities
Main Level Primary
Feature Descriptions
Appliances: Electric Range, Electric Water Heater
Association Amenities: Beach Rights, Game Room, Gazebo
Building Features: Dumpster
Community Features: Barbecue, Beach, Elevator, Fitness Center, Game Room, Pool, Storage Facilities, Waterfront, Community Pool, Short Term Rental Allowed
Days on Site: 160
Parcel#: 40000-675-298
Patio/Porch: Balcony
Pool: Community
Security: Building Security,24 Hour Security, Security Service
Spa: Community
Special View Info: Gulf
Waterfront: Gulf
Room Sizes
Bedroom: 14 X 11 Level - First
Bedroom: 12 X 12 Level - First
Primary Bedroom: 14 X 12 Level - First
Local Schools
High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point
Listed By / Shown By
Listed By
Agency Name: Luxe Coastal Realty Group LLC
Shown By
Agency Title: RealtyMark
Agency Phone: 888-260-0040
Estimate Your Payment
Estimated Payment
$ 2,143.61 per month $1,402.11 Principal & Interest $557.75 Property Tax $183.75 Homeowner's InsuranceChange Payment Information
9900 S Thomas Drive, Unit 2331 | MLS# 784818
This condo located at 9900 S Thomas Drive, Unit 2331, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $630,000. This property was built in 2007 and has 3 bedrooms and 3 full baths with 1400 sq. ft. S Thomas Drive, Unit 2331 is located in the Shores Of Panama Phase II subdivision. Search Shores Of Panama Phase II real estate on www.realtymark.net today.