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9900 S thomas DR #1522 Panama City Beach, FL 32408
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Key Details
Sold Price $520,000
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,453 sqft
Price per Sqft $357
Subdivision Shores Of Panama Phase I
MLS Listing ID 780328
Sold Date 12/01/25
Style High Rise
Bedrooms 2
Full Baths 3
HOA Y/N Yes
Year Built 2007
Property Sub-Type Condominium
Property Description
Investor Alert: Sky-High Rental Returns Await
Includes assigned parking space #874—a rare, highly valuable perk for effortless guest access and resale boost. This turnkey powerhouse in the elite Type H stack of Shores of Panama—a 23-story Gulf-front icon—grosses up to $65K/year with strong seasonal bookings. Sleeps 10 in two masters (king/queen), bunk room, and sofa bed. Direct Gulf views from the oversized balcony deliver premium appeal. Enjoy 8-10% cap rates after $1,551/mo HOA (covers amenities/insurance). With exterior renos starting October 20, 2025, and wrapping by March 24, 2026, the resort's curb appeal and values are set to soar—just in time for peak-season boom.
Fresh Updates for Seamless Rentals
Fully investor-ready, this unit features granite kitchen counters, a full suite of stainless appliances, and an island bar seating four. Masters include updated tile baths, plush bedding, smart TVs, and in-unit W/D. The open living area flows effortlessly to floor-to-ceiling windows and a furnished balcony (access resumes post-renos in spring 2026). High 9-ft ceilings and free Wi-Fi ensure minimal maintenance for maximum profits.
The Shores of Panama Edge: Resort Royalty
Secure your stake in PCB's premier beachfront haven, complete with a massive 14,000 sq ft lagoon-style pool, indoor/outdoor hot tubs, two tiki bars, and the lively Shoreline Bar & Grill for poolside bites and brews. Direct beach access, fitness center, game room, and on-site water sports keep guests hooked and your bookings rolling. Steps from Pier Park's shops and dining, it's a true rental magnet, enhanced by waived parking and virtual check-in for hassle-free management.
Pro formas/comps available. Schedule your tour!
Location
State FL
County Bay
Community Barbecue, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Gated, Pool, Sauna, Storage Facilities, Waterfront, Short Term Rental Allowed
Area 03 - Bay County - Beach
Interior
Heating Central, Electric
Cooling Central Air
Fireplace No
Exterior
Pool Electric Heat, Indoor, In Ground, Community
Community Features Barbecue, Business Center, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Game Room, Gated, Pool, Sauna, Storage Facilities, Waterfront, Short Term Rental Allowed
Utilities Available Electricity Available, High Speed Internet Available
Amenities Available Other, See Remarks, Beach Rights, Gazebo, Barbecue, Picnic Area
Waterfront Description Shoreline - Sand
View Y/N Yes
Water Access Desc Shoreline - Sand
View Gulf
Roof Type Flat
Porch Balcony
Building
Lot Description Paved
Sewer Public Sewer
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
Tax ID 40000-675-185
Security Features Fire Sprinkler System,Security Gate,24 Hour Security,Security Guard,Security Service
Special Listing Condition Listed As-Is
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Bought with RIGHT NOW! Real Estate
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