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MLS# 784818

Status: Active
9900 S Thomas Drive, #2331
Panama City Beach, FL 32408
$659000.00

Beds Total: 3
Bathrooms: 3.00
Baths Full: 3
Sq Ft Total: 1400.00
Year Built: 2007
On Waterfront: Yes
(848) 220-5555


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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.

Additional Features

List Date:2026-02-06
Full Baths:3
Waterfront:Yes
Sub Area:0318 - Beach - Central South
Community/Resort:None
Parcel ID:40000-675-298
Elementary School:Breakfast Point
Middle School:Breakfast Point
High School:Arnold
Appliances:Dishwasher,Microwave,Range - Electric,Refrigerator,Water Heater - Electric
HOA Frequency:Quarterly
HOA Amount:4500.00
HOA Fee:Yes
Cumulative DOM:28
Days On Market:28
Last Taxes:6693.00
Last Tax Year:2025
Utilities:Electricity - Connected
Project Facilities:BBQ Pit/Grill,Beach,Dumpster,Elevator(s),Fitness Center,Game Room,Pavilion/Gazebo,Pool,Security,Separate Storage,Spa/Hot Tub,Waterfront
Exterior:Balcony
Fees Include:Beach,Cable TV,Dumpster,Fitness Center,Game Room,Pool