CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' must be placed at the beginning of the Public Remarks - Experience Gulf-front luxury in this stunning 2-bedroom, 2.5-bath - with bunk room - condo at the Shores of Panama. Situated on the 12th floor, it offers a private patio with breathtaking views of the emerald waters and sugar-white sands of the Gulf of Mexico. Fully turn-key and income-producing, this high-yield vacation rental is ready for you or your guests to enjoy from day one. Freshly painted in 2024, the condo features high-end solid wood furnishings and comes fully equipped for your next vacation or short-term rental. Recent upgrades include new flooring and cabinets in 2020, a new water heater in 2023, and a brand-new HVAC system. A rare bonus is the designated parking space located on the same floor--skip the elevators and stairs for effortless access.Stress-free ownership is part of the package, with building insurance included in the HOA fees. The Shores of Panama offers world-class resort amenities, including a spectacular lagoon-style pool with zero-entry deck, two tiki bars for on-site dining and drinks, a heated indoor pool, a Jacuzzi, a kids' play area, and a full lineup of beachfront activities and water sports. From your private balcony, you can enjoy morning coffee with the sunrise or relax at sunset to the soothing sound of the waves. Centrally located in Panama City Beach, you're just steps from Pineapple Willy's and minutes to St. Andrews State Park, Pier Park, shopping, and family-friendly entertainment.With a strong track record as a vacation rental, this property is already professionally managed and has future reservations in place for immediate income potential. Whether you're seeking a second home, a profitable investment, or your dream beach escape, this condo delivers it all. Don't miss your chance to own a slice of paradise at the Shores of Panama--schedule your private tour today and start living the coastal lifestyle you've always dreamed of.
Under contract
Price cut: $37K (8/7)
$392,000
9900 Thomas Dr UNIT 1218, Panama City Beach, FL 32408
2beds
1,066sqft
Est.:
Condominium
Built in 2007
-- sqft lot
$369,000 Zestimate®
$368/sqft
$1,124/mo HOA
What's special
Heated indoor poolPrivate balconyPrivate patioSpectacular lagoon-style poolTwo tiki barsGulf-front luxuryNew flooring and cabinets
- 198 days
- on Zillow |
- 196 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: August 18, 2025 at 02:03pm
Listed by:
Nicole Lane 816-479-5251,
EXP Realty LLC
Source: CPAR,MLS#: 768452
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Level: First
- Area: 204
- Dimensions: 12 x 17
Bedroom
- Level: First
- Area: 120
- Dimensions: 10 x 12
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Ice Maker, Microwave, Refrigerator
Features
- Kitchen Island, Pantry
- Flooring: Luxury Vinyl Plank
- Furnished: Yes
Interior area
- Total interior livable area: 1,066 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking
- Garage spaces: 1
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Pool, Community
- Spa features: Community
- Has view: Yes
- View description: Gulf
- Has water view: Yes
- Water view: Gulf
- Waterfront features: Gulf, Waterfront
Lot
- Features: Waterfront
Details
- Parcel number: 40000650213
- Zoning description: Resort
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 2007
Community & HOA
Community
- Features: Other, See Remarks, Short Term Rental Allowed, Waterfront, Gated, Pool
- Security: Building Security, Fire Alarm, Fire Escape, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security
- Subdivision: Shores Of Panama Phase II
HOA
- Has HOA: Yes
- Amenities included: Gazebo
- Services included: Fitness Facility, Internet, Maintenance Grounds, Pest Control, Sewer, Trash, Water
- HOA fee: $3,372 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $368/sqft
- Tax assessed value: $395,251
- Annual tax amount: $4,357
- Date on market: 2/7/2025
- Listing terms: Cash,Conventional,FHA,Owner May Carry,VA Loan
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