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

R11167869

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Cable Available Sewer Available Water Available
Possession Close Of Escrow Negotiable
Appliances Dryer Dishwasher Electric Water Heater Microwave Refrigerator Water Heater Washer
HOA Fee 1500
Garage Spaces 0
Pool Features Association
Security Features Security System Gated Community Security Guard
Construction Materials Concrete
Pets Allowed Number Limit Pet Restrictions Size Limit Yes
Year Built 2007
Electric 3 Phase
Unit Number 2331
Property Subtype Condominium
Tax Year 2025
Waterfront Features Ocean Front
Community Features Gated
Assoc Fee Paid Per Monthly
County Bay
New Construction false
Property Type Residential
Association Amenities Business Center Elevator(s) Fitness Center Indoor Pool Playground Pool Recreation Facilities Spa/Hot Tub Storage
Subdivision Name SHORES OF PANAMA II
Facing Direction South
Garage Y/N false
Full Baths 3
Status Active
Directions Traveling east on Front Beach Road turn right on Thomas Drive and the building is at first curve in road on right
City Panama City
Disclosures Owner Is Listing Agent Special Assessment
Senior Community Y/N false
MLS Area 5940 - Other Florida County
Tax Annual Amount 6693
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/9900-S-Thomas-Drive-2331-Panama-City-FL-32408/unbranded
Standard Status Active
Property Sub Type Additional Condominium
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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Interior
Interior Amenities Main Level Primary None
Furnished Y/N Furnished
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
Total Bedrooms 3
Main Level Bedrooms 3
Main Level Bathrooms 3
Total Baths 3
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Exterior
Parking Features Assigned Deeded
Water Source Public
Building Area Total 1400
Waterfront Y/N true
Covered Spaces 0
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* Excluded Features
List By
Marcy L O'Donnell

Listing Agent

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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/3/2026$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