$659,000

9900 S Thomas Drive 2331, Panama City, FL 32408

  • 3 beds |
  • 3 baths |
  • 1,400 sqft
  • Property Icon Condominium
  • Property Year Built Icon Built in 2007
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $471/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
March 2, 2026
Data Last Updated:
April 2, 2026 at 12:30AM
Listing Office:
Luxe Coastal Realty Group LLC : 848-220-5555
Listing Agent:
Marcy L O'Donnell : 848-220-5555
MLS ID:
R11167869
  • General: Main Level PrimaryNone
  • Appliances: DryerDishwasherElectric Water HeaterMicrowaveRefrigeratorWater HeaterWasher
  • A/C: Central Air
  • Heating: Central
  • Pool: Association
  • Parking: AssignedDeeded
  • General: Concrete1
  • HOA Amenities: Business CenterElevator(s)Fitness CenterIndoor PoolPlaygroundPoolRecreation FacilitiesSpa/Hot TubStorage1500.0Monthly
  • Originating MLS: BEACH_BEACH
  • County: Bay
  • Zoning: ResidentialSHORES OF PANAMA II UNIT 2331 TYPE U ORB 2835 P 434 3BR 3BA ORB 4438 P 370 1400 TOTAL SF . PK SP #20640000675298
  • Utilities: Cable AvailableSewer AvailableWater Available3 Phase
  • Water: Public
  • Sewer: Public Sewer
  • Source: BEACH_BEACH

This listing courtesy of Marcy L O'Donnell , Luxe Coastal Realty Group LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

1.82 miles away

B

Breakfast Point Academy

601 N Richard Jackson Blvd, Panama City Beach, FL, 32407

Grades KG-8

1.82 miles away

J

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

1.98 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.