**Investor's Dream: Turn-Key 4th Story Vacation Rental in Shores of Panama** over 50K on books till Aug 2025 on track to do same as last year.GROSSED just over 65k in 2024 Unlock the potential of high-yield returns with this stunning 3-bedroom, 3-bath condo, perfectly situated on the 4th story with same level parking of the esteemed Shores of Panama. With a captivating wrap-around private patio showcasing breathtaking beachfront views of the emerald waters and white sands of the Gulf of Mexico, this property is not just a home--it's a lucrative investment opportunity! **Key Features:** - **Fully Furnished & Ready to Rent:** This spacious condo is fresh from renovations (2020), boasting new flooring, countertops, and a fresh coat of paint. Enjoy the full furnished beautifully decorated unit with solid wood furnishings throughout, making it ready for vacationers or short-term rental guests from day one. - **Designated Parking:** Convenience is key with a dedicated parking space located on the same floor as the condo, eliminating the hassle of searching for parking. - **Recent Upgrades:** All new Smart TVs throughout. Front loader water dryer.A brand new water heater (2023) ensures reliability for your guests, promising uninterrupted comfort throughout their stay. Experience unparalleled luxury at the Shores of Panama, where resort-style living takes center stage. Enjoy: - A stunning lagoon-style pool with a zero-entry design - Two tiki bars for on-site dining and refreshing beverages - A kids' play area for family-friendly fun - Heated indoor pool and accompanying Jacuzzi for year-round enjoyment - Close proximity to Pineapple Willy's, a beloved beachfront restaurant **Prime Location:** Centrally located in Panama City Beach, this condo offers direct access to local attractions, beach activities, and water sports, making it an ideal second home or investment property. **Immediate Income Potential:** Managed by Real Joy Property Management, this property comes with a track record of success and future reservations already in place. Start seeing immediate returns on your investment! Don't miss this incredible opportunity to own a piece of paradise that combines luxury living with solid investment potential. Schedule your viewing today and discover why Shores of Panama is a top destination for both vacationers and savvy investors.
For sale
$650,000
9900 Thomas Dr UNIT 431, Panama City Beach, FL 32408
3beds
1,400sqft
Est.:
Condominium
Built in 2007
-- sqft lot
$-- Zestimate®
$464/sqft
$1,470/mo HOA
What's special
Heated indoor poolCaptivating wrap-around private patioLagoon-style poolFresh coat of paintBreathtaking beachfront viewsTiki barsNew flooring
- 303 days
- on Zillow |
- 236 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 04:43am
Listed by:
Sandi Smith 229-326-2998,
Dalton Wade Inc
Source: CPAR,MLS#: 763392
Originating MLS: Central Panhandle Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bedroom, Family Room
Bedroom
- Area: 144
- Dimensions: 12 x 12
Bedroom
- Area: 180
- Dimensions: 12 x 15
Family room
- Area: 289
- Dimensions: 17 x 17
Cooling
- Central Air
Appliances
- Included: Washer/Dryer Stacked, Dishwasher, Electric Range, Microwave, Refrigerator
- Laundry: Stacked
Features
- Kitchen Island, Pantry
- Furnished: Yes
Interior area
- Total interior livable area: 1,400 sqft
Property
Parking
- Total spaces: 1
- Parking features: Additional Parking, Attached, Garage
- Attached garage spaces: 1
Features
- Patio & porch: Balcony
- Exterior features: Balcony
- Pool features: Indoor, In Ground, Pool, Community
- Waterfront features: Gulf, Waterfront
Lot
- Features: Waterfront
Details
- Parcel number: 40000675051
- Zoning description: Resort
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- Year built: 2007
Utilities & green energy
- Utilities for property: Phone Available
Community & HOA
Community
- Features: Pool, Short Term Rental Allowed, Waterfront, Gated
- 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: Beach Rights
- Services included: Internet, Maintenance Grounds, Pest Control, Phone, Pool(s), Sewer, Trash, Water
- HOA fee: $4,409 quarterly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $464/sqft
- Tax assessed value: $615,155
- Annual tax amount: $6,306
- Date on market: 10/1/2024
- Listing terms: Cash,Conventional
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