Condo in 9900 S Thomas Drive 2331, Panama City, FL 32408 for sale with MLS# R11167869

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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9900 S Thomas Drive 2331, Panama City, FL 32408

Price
Price:
$659,000.00
Original List Price:
$659,000.00
List Price per Sq Ft (Calculated, Approx.):
$470.71
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
March 2, 2026 4:16 pm
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
3
Full Bath:
3
Room Type:
Kitchen, Living Room, Master Bedroom
Rooms Total:
3
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
1,400 Sqft
Built-Up Area:
1,400 Sqft
Building Area Source:
Builder
Property Features
Waterfront:
Yes
Waterfront Features:
Ocean Front
Security:
Security System, Security Patrol
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Water Heater, Water Heater
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
South
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2007
Levels:
Two
Construction Materials:
Concrete
Number of stories:
1
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$6,693.00
Tax Year:
2025
Association Fee:
$1,500.00
Association Fee Frequency:
Monthly
Property Tax Details:
No Homestead
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Assigned, Deeded
Utilities
Sewer:
Public Sewer
Electric:
Three Phase
Utilities Available:
Cable Available, Sewer Available, Water Available
Water Source:
Public
Community
Association
Association Membership:
Mandatory
Special Assessment
Association Type:
Condominium
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes, There is a limit on the number of pets allowed, Pet Restrictions Possible
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Spa/hot Tub, Playground, Storage, Elevator(s), Fitness Center, Indoor Pool, Game Room
Subdivision Name:
SHORES OF PANAMA II
Senior Community:
No
Restrictions:
No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax 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
Real Estate Folio Number (Parcel Number):
40000675298
Zoning:
Residential
Listing History
Active on the market since:
March 2, 2026
Listing Agreement executed on:
March 2, 2026
Listing Status Last Changed On:
March 2, 2026 4:16 pm
Photos updated on:
March 2, 2026 5:01 pm
Last Modified:
April 9, 2026 4:02 am
Additional Information
Courtesy of:
Luxe Coastal Realty Group LLC
Attribution:
Not provided
Location
Street Name:
Thomas
Street Number:
9900
Unit Number:
2331
City:
Panama City
State:
Florida
Zip Code:
32408
County:
Bay
Latitude:
N30° 10' 27.9''
Longitude:
W86° 11' 36.2''
Street Suffix:
Drive
Street Direction Prefix:
S
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $72,322
Median Home Value $352,400
Median Rent $1,453/mo
Median Age 48
Population 18,326

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This listing can also be located in the MLS system as RX-11167869
Association of REALTORS®
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