Shores of Panama 9900 S Thomas Dr Unit 518 Panama City Beach, FL 32408
Estimated payment $2,784/month
Total Views
1,375
2
Beds
2.5
Baths
1,066
Sq Ft
$408
Price per Sq Ft
Highlights
- Beach
- Property fronts gulf or ocean
- Gated Community
- J.R. Arnold High School Rated A-
- Heated In Ground Pool
- Main Floor Primary Bedroom
About This Home
: Looking for a resort property at an unbeatable price? Look no further! Unit 518 offers a direct Gulf view from the living room, kitchen, and primary suite, bringing the beauty of the beach right to your doorstep. The dedicated parking spot is conveniently located directly across from the entrance on the 5th floor of the parking garage. This unit features 2 bedrooms, each with its own private en-suite, and a separate bunk room with a half bathroom, providing plenty of space for family and guests. All stainless steel appliances have been replaced within the last 5 years, the HVAC is just 3 years old, and the water heater is 6 years old. Shores of Panama offers luxurious Gulf-front condos with amenities exclusive to the complex, Click More... ...including 500 feet of Gulf frontage, a 14,000-square-foot zero-entry Gulf-side pool, hot tub, heated indoor pool and hot tub, a fitness center, and two full-service bars serving lunch and dinner. Additional services include beach events, chair rentals, high-speed internet, a coffee shop, and 24/7 security for peace of mind. Located in the heart of Panama City Beach, this condo is next to Pineapple Willy's beachfront restaurant and just minutes from St. Andrews State Park, Pier Park, shopping centers, and endless dining and entertainment options. Not only is this condo a stunning retreat, but the proven rental history is excellent and has even more potential it increase! Schedule your appointment today to see this beautiful property and all it has to offer!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,277
Year Built
- Built in 2007
Lot Details
Parking
- 1 Covered Space
Home Design
- Stucco
Interior Spaces
- 1,066 Sq Ft Home
- Furnished
- Window Treatments
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Shower Only
Laundry
- Dryer
- Washer
Home Security
Pool
- Heated In Ground Pool
- Outdoor Shower
Outdoor Features
- Gazebo
- Built-In Barbecue
Schools
- Breakfast Point Elementary And Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 40000-650-087
Community Details
Overview
- Property has a Home Owners Association
- Association fees include accounting, ground keeping, internet service, master, utilities, recreational faclty, security, sewer, water, cable TV, trash
- Shores Of Panama Subdivision
Amenities
- Community Barbecue Grill
- Recreation Room
- Elevator
Recreation
- Beach
Security
- Gated Community
- Fire and Smoke Detector
Map
About Shores of Panama
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $4,277 | $291,888 | -- | -- |
| 2023 | $4,277 | $265,353 | $0 | $395,250 |
| 2022 | $3,370 | $241,230 | $0 | $0 |
| 2021 | $2,840 | $219,300 | $0 | $219,300 |
| 2020 | $3,132 | $257,550 | $0 | $257,550 |
| 2019 | $2,762 | $241,400 | $0 | $241,400 |
| 2018 | $2,425 | $194,225 | $0 | $0 |
| 2017 | $2,252 | $197,200 | $0 | $0 |
| 2016 | $2,359 | $203,171 | $0 | $0 |
| 2015 | $2,432 | $203,171 | $0 | $0 |
| 2014 | $2,448 | $196,350 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2025 03/18/25 | For Sale | $435,000 | -- | $408 / Sq Ft |
Source: Emerald Coast Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $303,000 | Mti Title Insurance Agcy Inc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Warranty Deed | $340,000 | Landamerica Lawyers Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $180,000 | New Conventional | |
| Closed | $163,000 | New Conventional | |
| Previous Owner | $255,000 | Purchase Money Mortgage |
Source: Public Records
Similar Homes in the area
Source: Emerald Coast Association of REALTORS®
MLS Number: 971472
APN: 40000-650-087
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