Live the Gulf Life on Florida’s Emerald Coast

9900 S Thomas Drive UNIT 2331

Panama City Beach , FL 32408

MLS#: 995928

$645,000

Status: Active
Listing number: 995928
Listing provided by: Luxe Coastal Realty
Listing agent phone: None
Last update: N/A
On site: a month ago
Browse Properties
Shores Of Panama Phase I - Residential

Property

Beds

3

Full Baths

3

1/2 Baths

None

Year Built

2007

Sq.Footage

N/A

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.

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar

  • Total Bedrooms

    3

  • Bathrooms

    3

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Masonite, Stucco

  • Other Exterior Features

    Balcony

  • Pool

    Yes

  • Pool Features

    Community

  • Waterfront YN

    YES

Area & Lot

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    N/A

Price

  • Sales Price

    $645,000

  • Tax Amount

    $6,692.58

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    Yes

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Breakfast Point

  • Middle School

    Breakfast Point

  • High School

    Arnold

Property Features

  • Stories

    23

  • Sewer

    Public Sewer

  • Water Source

    Public

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Location

County

Bay

Elementary School

Breakfast Point

Middle School

Breakfast Point

High School

Arnold

Listing Courtesy of Marcy L O'Donnell , Luxe Coastal Realty

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Agent Opey Russ and Melissa Kratish

Broker

Opey Russ and Melissa Kratish

Call Opey Russ and today to schedule a private showing.

(850) 366-8525

(850) 699-1996

(954) 448-3958

OpeyMelissa@GulfLifeGo.com


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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 2331

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