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9900 S Thomas Drive, Unit UNIT 2331
Panama City Beach, FL 32408

$615,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 3 full
Sq Feet Icon SQFT (H&C): 1,400
MLS Icon MLS# 995928

ANOTHER MAJOR PRICE IMPROVEMENT! This Gulf-front 3BR/3BA penthouse at Shores of Panama is now offered at an even more compelling value and presents a rare opportunity for investors, second-home buyers, or anyone wanting a true beachfront penthouse in Panama City Beach.Perfectly positioned on the end of the U-shaped building, this unit offers sweeping, unobstructed Gulf views from an expansive wrap-around balcony, including beautiful sunrise views over the coastline. The spacious 3-bedroom, 3-bath layout is ideal for personal use or vacation rental income, while the penthouse elevation provides added privacy and an exceptional vantage point.The unit also conveys with a dedicated parking space and private storage closet, valuable extras rarely found with competing properties. Shores of Panama offers direct beach access, a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, and an unbeatable location steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, dining, and entertainment.Well-positioned 3BR units in the building commonly generate approximately $80K-$90K annually, with upside potential into the $100K range when professionally optimized. With another significant price reduction, premium penthouse features, and exceptional Gulf-front positioning, Unit 2331 stands out as one of the most compelling opportunities currently available at Shores of Panama. with upside into the $100K range when optimized.

Property Features

MLS#: 995928
Zip: 32408
Subdivision: Shores Of Panama Phase I
Development: 27 - Bay County
Property Type: Residential - Condominium
Cooling: Central Air
Days on Site: 252
Heating: Central
Home Style: N/A
Stories: 23.0
Taxes: $6,692
Year Built: 2007
SQFT (H&C): 1,400

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: $0
Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Pool, TV Cable, Waterfront
Exterior: Concrete, Masonite, Stucco
Exterior: Balcony
Financing Terms: Conventional
HOA: Yes
Interior: Breakfast Bar
Parcel Number: 40000-675-298
Pool Features: Pool Type
Property Condition: Construction Complete
Rooms Total: 5
Sewer: Public Sewer
Special View Info: Gulf
Sub Type: Condominium
Utilities: Electric, Public Water, TV Cable
Waterfront: Gulf
Window: Window Treatment All

Room Sizes

Primary Bedroom: 14 X 12 Level - First
Bedroom: 12 X 12 Level - First
Bedroom: 14 X 11 Level - First
Living Room: 15 X 14 Level - First
Kitchen: 12 X 10 Level - First

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

9900 S Thomas Drive, Unit UNIT 2331 | MLS# 995928

This condo located at 9900 S Thomas Drive, Unit UNIT 2331, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $615,000. This property was built in 2007 and has 3 bedrooms and 3 full baths with 1400 sq. ft. S Thomas Drive, Unit UNIT 2331 is located in the Shores Of Panama Phase I subdivision. Search Shores Of Panama Phase I real estate on www.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Luxe Coastal Realty

Shown By

Agency Title: Beachy Beach Real Estate
Agency Phone: 850-233-4351

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