9900 S Thomas Drive, Unit 1503, Panama City, FL 32408

$514,900
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Pending Price Reduced by $24,500 on April 12th, 2026
BEDS2 BATHS2 full 1 partial SQUARE FEET1,131 MLS#785878
STATUSPending PROPERTY TYPEResidential - Condominium SUBDIVISIONShores Of Panama Phase I

Property Description

Major Price Improvement - Now $514,900 Previously $539,400, reduced over $24k! Gorgeous, turn-key wrap-around balcony unit offering panoramic views from east to west -- with breathtaking Gulf views that stretch for miles, plus stunning nighttime views overlooking the beautifully lit tropical lagoon pool. Enjoy peaceful sunrises with morning coffee and unforgettable sunsets reflecting across the water. This spacious floor plan features 2 bedrooms PLUS a large bunk room and 2. 5 baths, comfortably living like a true 3-bedroom layout. Two oversized master suites provide exceptional comfort and privacy, making this an ideal primary residence, second home, or high-demand rental property. This unit also comes with a deeded parking spot on the 9th floor of the garage! Shores of Panama offers nearly 500 feet of pristine Gulf frontage and world-class, resort-style amenities, including: * 14,000 sq. ft. lagoon-style Gulf-front pool and hot tub * Heated indoor pool and hot tub * 3-room fitness center (complimentary for owners and guests) * Garage parking * Two on-site tiki bars (one beverage-focused and one food-focused) * Lobby coffee and donut shop The resort is in its final stages of major exterior renovation that enhances both appearance and long-term structural integrity. With Florida's updated condominium requirements impacting many properties statewide, Shores of Panama is proactively completing improvements that position it strongly for the future. With pricing strategically repositioned, this is a timely opportunity just ahead of high season for buyers seeking strong income potential and personal use in one of Panama City Beach's premier Gulf-front resorts. This 23-story Tuscan-inspired condominium is located in the heart of Panama City Beach, directly next to Pineapple Willy's and across from shopping and dining, including Super Walmart, Waffle House, and other popular restaurants. Nearby attractions include Ripley's Believe It or Not, WonderWorks, Shipwreck Island Waterpark, ZooWorld, Shell Island excursions, Dolly Parton's ''Pirates Voyage Dinner & Show'', Topgolf, and soon to open, Tootsie's Orchid Lounge! Whether you're seeking a beachfront getaway or an income-producing investment, this property offers exceptional location, amenities, and rental appeal.

9900 S Thomas Drive, Unit 1503 | MLS# 785878

This condo located at 9900 S Thomas Drive, Unit 1503, Panama City, FL 32408 is currently listed for sale with an asking price of $514,900. This property was built in 2007 and has 2 bedrooms and 2 full and 1 partial baths with 1131 sq. ft. S Thomas Drive, Unit 1503 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
Garage: 1
Home Style: High Rise
Stories: 23.0
Taxes: $5,978
Year Built: 2007

Feature Descriptions

Association Amenities: Beach Rights, Barbecue, Picnic Area, Spa/Hot Tub
Community Features: Community Pool, Short Term Rental Allowed
Days on Site: 49
Hot Tub: Yes
Parcel#: 40000-650-252
Patio/Porch: Balcony
Pool: Community
Sewer: Public Sewer
Utilities: Cable Connected
Waterfront: Gulf

Room Sizes

Other: 30 X 6 Level - First
Kitchen: 15 X 10.2 Level - First
Living Room: 14.8 X 17 Level - First
Bedroom: 14.6 X 13 Level - First
Primary Bathroom: 13.5 X 12 Level - First

Local Schools

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

Listed By / Shown By

Listed By

Agency Name: Ohana Real Estate Services

Shown By

Agency Title: RealtyMark
Agency Phone: 888-240-0600

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Estimated Payment

$ 1,794.29 per month $1,145.94 Principal & Interest $498.17 Property Tax $150.18 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 04/17/2026. The listing information on this page last changed on 04/17/2026. 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 Fri 04/17/2026 12:54:33 AM EST) or Stellar MLS (last updated Fri 04/17/2026 12:44:11 AM EST) or GSMLS (last updated Fri 04/17/2026 12:24:10 AM EST) or Emerald Coast MLS (last updated Fri 04/17/2026 12:05:32 AM EST) or Central Panhandle Association of Realtors (last updated Fri 04/17/2026 12:47:19 AM EST) or Beaches MLS (last updated Fri 04/17/2026 12:47:20 AM EST) or Naples MLS (last updated Thu 04/16/2026 11:41:16 PM EST) or Bright MLS (last updated Thu 04/16/2026 7:53:33 PM EST) or OneKey MLS (last updated Fri 04/17/2026 12:49:37 AM 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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