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

$645,000
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Active
BEDS3 BATHS3 full SQUARE FEET1,400 MLS#995928
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONShores Of Panama Phase I

Property Description

Investor opportunity at Shores of Panama. This 3BR/3BA penthouse sits on the coveted end of the U-shaped building, placing it directly on the Gulf with sweeping beach views from an expansive wrap-around balcony, a rare feature that strongly appeals to vacation renters. The spacious layout comfortably accommodates larger groups, one of the most sought-after segments of the PCB rental market. Penthouse elevation, Gulf-front exposure, and the 3-bedroom configuration give this unit a competitive advantage for both nightly rate and occupancy. Shores of Panama offers a lagoon-style Gulf-front pool, hot tubs, fitness center, and direct beach access, all within walking distance of Pineapple Willy's and area attractions. Well-positioned 3BR units here generate approximately $80K-$90K annually with upside into the $100K range when optimized.

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 $645,000. 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.realtymarkllc.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Heating: Central
Home Style: N/A
Stories: 23.0
Taxes: $6,692
Year Built: 2007

Feature Descriptions

Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Washer, Water Heater - Elect
Association Fee Includes: Ground Keeping, Internet Service, Master Association, Security, Sewer, Water, Cable TV, Trash
Community Features: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Pool, TV Cable, Waterfront
Days on Site: 100
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

Listed By / Shown By

Listed By

Agency Name: Luxe Coastal Realty

Shown By

Agency Title: RealtyMark
Agency Phone: 888-260-0400

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Estimated Payment

$ 2,181.28 per month $1,435.49 Principal & Interest $557.67 Property Tax $188.13 Homeowner's Insurance

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All commissions are negotiable Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/01/2026. The listing information on this page last changed on 06/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 06/01/2026 12:00:01 AM EST) or Stellar MLS (last updated Sun 05/31/2026 11:43:57 PM EST) or GSMLS (last updated Sun 05/31/2026 11:55:36 PM EST) or Emerald Coast MLS (last updated Sun 05/31/2026 11:55:18 PM EST) or Central Panhandle Association of Realtors (last updated Sun 05/31/2026 11:57:18 PM EST) or Beaches MLS (last updated Sun 05/31/2026 11:57:34 PM EST) or Naples MLS (last updated Sun 05/31/2026 11:40:24 PM EST) or Bright MLS (last updated Sun 05/31/2026 11:49:15 PM EST) or OneKey MLS (last updated Sun 05/31/2026 11:53:19 PM EST). Real estate listings held by brokerage firms other than RealtyMark may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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