NOT LISTED FOR SALE

Shores of Panama 9900 S Thomas Dr Unit 727 Panama City Beach, FL 32408

Estimated Value: $352,000 - $385,858

1 Bed
2 Baths
936 Sq Ft
$794/mo HOA Fee

Last Sold December 26, 2024

Last sale price $360,000 $385 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,187/month

52 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Indoor Pool
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • 24-Hour Security

About This Home

As of December 2024

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS'*RENTAL MACHINE......Beachfront Paradise in Panama City Beach - Your Perfect Getaway!**This stunning 1-bedroom beachfront condo is designed for relaxation and fun. Perfectly situated on a low floor, this gem boasts a spacious master bedroom with an en-suite bathroom, and a full-size private bunk room with its own bathroom, accommodating families and groups with ease.Step into a beautifully updated living space, featuring brand new furniture and breathtaking westward sunset views that you can cherish from your balcony. The modern kitchen is equipped with stainless steel appliances and flows into the inviting living area, offering both comfort and style.With luxury vinyl plank flooring throughout, you'll feel right at home whether you're lounging after a sun-soaked day or entertaining friends. Plus, enjoy the convenience of having your deeded parking space located on the SAME 7th FLOOR--NO LONG ELEVATOR WAITS FROM THE PARKING GARAGE!This property doesn't just offer a place to stay; it's packed with amenities to enhance your experience! Dive into the resort-style outdoor pools, relax in the hot tub, or enjoy a meal and a drink at the poolside bar and eatery. If you prefer an indoor retreat, take a dip in the heated indoor pool or unwind in another hot tub--there's something for everyone!Don't miss out on this incredible opportunity to stay in a beachside haven that combines comfort, convenience, and luxury. BOOK YOUR SHOWING TODAY! ACTUAL RENTAL NUMBERS CAN BE PROVIDED UPON REQUEST

Last Listed By

Sassy French

Keller Williams Success Realty License #SL3401216 Listed on: 10/21/2024

Keller Williams Success Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,107

Year Built

  • Built in 2007

Lot Details

HOA Fees

  • $794 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Secured Garage or Parking
  • Additional Parking
  • Assigned Parking

Home Design

  • Stucco

Interior Spaces

  • 936 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Track Lighting
  • Living Room
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Pool

  • Indoor Pool
  • In Ground Pool

Outdoor Features

  • Deeded access to the beach

Schools

  • Breakfast Point Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, internet, legal/accounting, ground maintenance, maintenance structure, pool(s), sewer, security, trash
  • 709 Units
  • High-Rise Condominium
  • Shores Of Panama Phase Ii Subdivision
  • 23-Story Property

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,107

Year Built

Built in 2007

Lot Details

0

HOA Fees

$794 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • Property Sub Type: Condominium
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: Shores Of Panama Phase II
  • Architectural Style: High Rise
  • Entry Level: 7
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Washer/Dryer Stacked, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator
  • Interior Amenities: Pantry, Track Lighting
  • Spa Features: Community
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Living Area: 936.0
  • Dining Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Stories: 23
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Indoor, In Ground
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Waterfront
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Additional Parking, Assigned, Gated
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Trash Collection
  • Security Features: Building Security, Fire Alarm, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2383.32
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Gated, Restaurant, Short Term Rental Allowed
  • Amenities: Beach Rights, Gated
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Internet, Legal/Accounting, Maintenance Grounds, Maintenance Structure, Pool(s), Sewer, Security, Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Zoning Description: City

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 709

Tax Info

  • Tax Annual Amount: 4107.0
  • Tax Year: 2023

MLS Schools

  • Elementary School: Breakfast Point
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Dec 26, 2024
Sold by
Smallwood Jared L and Smallwood Denise M
Bought by
Randolph Scotty
Seller's Agent
Sassy French
Keller Williams Success Realty
Buyer's Agent
Alice De La Penha
Coldwell Banker Realty
List Price
$400,000
Sold Price
$360,000
Premium/Discount to List
-$40,000
-10%
Total Days on Market
52
Views
51
Current Estimated Value
$367,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,465
Avg. Annual Appreciation
6.42%

Purchase Details

Closed on
Mar 11, 2024
Sold by
Jared Smallwood Llc
Bought by
Smallwood Jared L and Smallwood Denise M

Purchase Details

Listed on
Aug 2, 2022
Closed on
Sep 28, 2022
Sold by
Danner Theodore E and Danner Katherine K
Bought by
Jared Smallwood Llc
Seller's Agent
Lisa Brown
The Premier Property Group Seacrest Office
Buyer's Agent
BRYAN CHRISTENSEN
Keller Williams Realty FWB
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.62%
Original Mortgage
$332,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2021
Sold by
Ashley Timothy and Ashley Amy
Bought by
Danner Theodore E and Danner Katherine R

Purchase Details

Listed on
Mar 23, 2017
Closed on
Jun 9, 2017
Sold by
Ly Shores Llc
Bought by
Ashley Timothy and Ashley Amy
Seller's Agent
David Boatwright
Beachy Beach Real Estate
Buyer's Agent
Laurie Martin
Keller Williams Success Realty
List Price
$206,000
Sold Price
$199,000
Premium/Discount to List
-$7,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Feb 8, 2017
Sold by
Ogletree Linda
Bought by
Ly Shores Llc

Purchase Details

Closed on
Feb 1, 2017
Bought by
Ashley Timothy and Ashley Amy

Purchase Details

Listed on
Jul 9, 2013
Closed on
Jan 23, 2014
Sold by
Panama Holdings Llc
Bought by
Ogletree Linda
Seller's Agent
Meghan Hall
Keller Williams Realty Emerald
Buyer's Agent
Trista Paton
CENTURY 21 Ryan Realty Inc
List Price
$189,900
Sold Price
$189,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%

Purchase Details

Closed on
Apr 27, 2012
Sold by
Shores Of Panama Collateral Llc
Bought by
Panama Holdings Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Randolph Scotty $360,000 Setco Services
Smallwood Jared L $100 None Listed On Document
Jared Smallwood Llc $415,000 --
Danner Theodore E $348,000 Mti Title Insurance Agcy Inc
Ashley Timothy $199,000 Mti Title Ins Agency Inc
Ly Shores Llc -- None Available
Ashley Timothy $100 --
Ogletree Linda $189,900 Diamond Title Agency Inc
Panama Holdings Llc $11,141,700 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jared Smallwood Llc $332,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2024 12/26/24 Sold $360,000 -10.0% $385 / Sq Ft
10/21/2024 10/21/24 For Sale $400,000 -3.6% $427 / Sq Ft
09/30/2022 09/30/22 Sold $415,000 -2.3% $443 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/02/2022 08/02/22 For Sale $424,900 +123.7% $454 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/05/2022 07/05/22 Off Market $189,900 -- --
06/20/2022 06/20/22 Off Market $199,000 -- --
05/13/2022 05/13/22 For Sale $424,900 +113.5% $454 / Sq Ft
06/09/2017 06/09/17 Sold $199,000 -3.4% $213 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
03/23/2017 03/23/17 For Sale $206,000 +8.5% $220 / Sq Ft
01/17/2014 01/17/14 Sold $189,900 0.0% $203 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
07/09/2013 07/09/13 For Sale $189,900 -- $203 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,107 $322,958 -- $322,958
2023 $4,107 $322,958 $0 $322,958
2022 $2,906 $243,100 $0 $243,100
2021 $2,284 $175,950 $0 $175,950
2020 $2,225 $179,520 $0 $179,520
2019 $2,084 $178,500 $0 $178,500
2018 $1,855 $144,925 $0 $0
2017 $1,906 $166,388 $0 $0
2016 $1,911 $164,050 $0 $0
2015 $1,929 $160,608 $0 $0
2014 $1,786 $148,665 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 764093

Central Panhandle Association of REALTORS®

APN: 40000-675-086