9900 S Thomas Drive # 2331 Panama City, FL $ 659,000
9900 S Thomas Drive # 2331
$ 659,000
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9900 S Thomas Drive # 2331

Panama City, FL, 32408
$ 659,000
Bedrooms3 Baths3.0 Sq 1,400

Monthly Estimate*

$ 4,058

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Condo for sale in Panama City, FL

for $659,000 with 3 bedrooms and 3 full baths. This 1,400 square foot condo was built in 2007.

Shores of Panama offers resort-style beachfront living, and this 3BR/3BA penthouse is perfectly positioned to take full advantage of it. Located on the end of the U, this unit sits directly on the Gulf, providing sweeping, unobstructed beach and water views from an expansive wrap-around balcony -- an ideal setting for enjoying stunning sunrise views over the coastline. Inside, the spacious layout is ideal for full-time living, a second home, or a high-performing rental. The kitchen is bright and attractive, opening to the living and dining areas and maximizing both functionality and natural light. 3 bedrooms and 3 full baths allow for comfortable accommodations and strong rental appeal, while the penthouse level offers added privacy and an elevated vantage point.This unit also conveys with a dedicated parking space and private storage closet, a valuable bonus within Shores of Panama. Owners and guests enjoy direct beach access and a full suite of amenities including a lagoon-style Gulf-front pool, hot tubs, fitness center, and on-site dining. The location is hard to beat  just steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, and entertainment. A Shores of Panama 3BR penthouse like this typically produces $80K-$90K annually, with upside into the $100K range if optimized. This is a rare opportunity to own a penthouse, beachfront 3BR with wrap-around balcony in one of Panama City Beach's most iconic resorts.

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Condo Active

Price

$ 659,000

Bedrooms

3

Full Bath

3

Property Type

Condo

Taxes

$ 6,693

Style

Year Built

2007

Town/City

Panama City

County/Region

Bay

MLS | Web ID

RX11167869

Features
Interior
Interior Amenities None
Flooring Tile
Furnished Y/N Furnished
Total Bedrooms 3
Master Bedroom/Bath Mstr Bdrm - Ground
Unit Floor # 23.00
Total Bathrooms 3.00
SqFt - Living 1400.00
Total Floors/Stories 1.00
Equip/Appl Included Dishwasher Dryer Microwave Refrigerator Washer Water Heater - Elec
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General
Construction Concrete
Heating Central
Cooling Central
Utilities Cable Electric Public Sewer Public Water
Possession At Closing Funding
Parking Assigned Deeded
Pets Allowed Restricted
Zoning Residential
HOA Mandatory
Number of Garage Spaces 0.00
Security Lobby Security Patrol
Status Active
Full Baths 3
Half Baths 0
Year Built 2007
REO No
Subdivision SHORES OF PANAMA II
Type Condo/Coop
Rooms None
Property Type A
Area 5940
Application Fee 0.00
Unit Number 2331
Auction No
Tax Year 2025
Terms Considered Cash Conventional
Gated Community Yes
Short Sale No
Restrict None
Water Frontage N/A
Taxes 6693.00
Adult 55+ No Hopa
HOA/POA/COA (Monthly) 1500.00
Governing Bodies Condo
Membership Fee Required No
Virtual Tour https://www.propertypanorama.com/9900-S-Thomas-Drive-2331-Panama-City-FL-32408/unbranded
Geo Area Other Geographic Area
Legal Description SHORES OF PANAMA II UNIT 2331 TYPE U ORB 2835 P 434 3BR 3BA ORB 4438 P 370 1400 TOTAL SF . PK SP #206
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Exterior
Waterfront Yes Oceanfront
Private Pool Y/N No
Subdiv. Amenities Business Center Elevator Extra Storage Fitness Center Game Room Indoor Pool Lobby Playground Pool Whirlpool
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Internal Only
OriginalMLSID RX-11167869
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* Excluded Features
List By
Marcy L O'Donnell

Listing Agent

Luxe Coastal Realty Group Llc

Broker

marcylodonnell@gmail.com

Email

Affordability Calculator

$4,615
Per Month
88%
12%
0%
Monthly Principal & Interest
$4,058
Monthly Property Taxes
$558
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/2/2026$659,000 Listed Price

Map


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9900 S Thomas Drive # 2331, Panama City, FL, 32408 is a Condo for sale at $659,000 with 1,400 sqft. 9900 S Thomas Drive # 2331 has 3 bedrooms, 3.0 baths, and was built in 2007. The property's zip code is 32408 which is in Panama City, FL