9900 S Thomas Drive 409, Panama City Beach, FL 32408
Shores Of Panama · Bay County
Key Facts
Description
409! Low Floor Alert! w/ Same Floor designated parking! Beach front condo with great revenue potential. Low floors are golden ROI at Shores of Panama. Parking is literally right around the corner from front door. You are just steps from parking to door~ No Elevators! Spectacular View of the Gulf and Pool! - Sleeps 6. If you are familiar with Shores of Panama - You know its a Rental Machine and Summer 2025 is booking now! Stucco Renovations complete on this particular unit. Currently, Shores of Panama is undergoing a major exterior facelift, and will be so beautiful when complete, which will put your investment well ahead of the others in PCB. The new Florida Condo Requirements are fast approaching for other resorts in town, and Shores of Panama will be complete, ahead of the game, and ready to capitalize maximum profit. Once Shores facelift is complete, there will be no stopping it. It will be the premier place to be in PCB. The price tag on a beachfront low floor unit like this will never be again. Don't miss this opportunity to capitalize on a ''buy now price''. Adding this to your portfolio will ensure years of ROI success. Rentals will continue strong during construction. Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive lazy river style gulf-side pool and hot-tub, tiki bars, food bars, indoor pool, garage parking, and a fitness center. Side note: Seller is also selling 407, would be great to buy them both and rent to family and friends that want to be close together.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
HighRise
Year Built
2007
Stories
23
Living Area
864 sq ft
Lot Dimensions
0x0
Days on Market
103
MLS® Listing#
787668
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Pool
Lot Features
Construction
Roof
Windows
Security
Community
Utilities
Sewer
Rooms
- Living Room18 x 13
Schools
- Elementary:
- Breakfast Point
- Middle:
- Breakfast Point
- High:
- Arnold
Financial Details
HOA
Yes
Parcel Number
40000-650-060
Directions
Thomas Drive and Front Beach Rd
Affordability Calculator
$68,500
Estimated monthly payment
$1,823/mo
Principal $274,000 · Est. interest $382,254 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Panama City Beach, FL
- $471,320
- Median Listing Price
- 117
- Median Days on Market
- 1,450
- Median Sq Ft
- $353
- Median Price / Sq Ft
- 31,383
- Active Listings
- This home’s price is 27% below the area median.
- Its price per sq ft is 12% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.
Location
Points of Interest in Panama City Beach, FL
Showing the Panama City Beach area map.
Nearby Schools
Primary Prep School
Elementary · 0.6 mi away
St Bernadette Early Childhood Development Center
School · 1.3 mi away
Arnold Pre K
Secondary · 1.6 mi away
Twisted Fork Culinary Classroom
School · 1.8 mi away
Breakfast Point Academy
School · 1.9 mi away
JR Arnold High School
Secondary · 2.1 mi away
Surfside Kids Academy
School · 2.3 mi away
Hutchison Beach Elementary School
Elementary · 2.4 mi away
Patronis Elementary School
Elementary · 2.6 mi away
Learning Tree II-Child Development Center
School · 3.3 mi away
Stacey's Fun in the Sun Preschool 2 Inc.
School · 3.3 mi away
Surfside Middle School
Secondary · 3.5 mi away
PCB Academy
School · 5.9 mi away
Lucille Moore Elementary School
Elementary · 6.0 mi away
St Andrew School
School · 6.3 mi away
Gulf Coast School for Autism
School · 6.7 mi away
Bacot Academy
School · 6.9 mi away
St. Andrew School at Oakland Terrace
Elementary · 6.9 mi away
Oakland Terrace School for the Arts
School · 6.9 mi away
Covenant Christian School
School · 7.0 mi away
Commute Calculator
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|---|---|---|---|---|
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| 187 SE LOXLEY GLEN, LAKE CITY, FL | $239,900 | 2 | 2 | 1,200 |
| 1701 THE GREENS Way 1321, Jacksonville Beach, FL | $239,900 | 2 | 2 | 1,156 |
| 18 Colonial Club Dr 202, Boynton Beach, FL | $239,900 | 1 | 2 | 950 |
Moving Cost Estimate
EXIT Agents in Panama City Beach
Listing Courtesy: Emerald Coast Real Estate & Vacations LLC - 8502902355