9900 S Thomas Drive 2331, Panama City, FL 32408 (MLS# R11167869)
$659,000
Panama City, FL 32408
MLS# R11167869
3 beds | 3 baths | 1400 sqft
1 / 41
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.
Details
Contract Information
Comp Sale YN: No
Listing Contract Date: 2026-03-02
Status: Active
Original List Price: 659000
List Price: $659,000
Current Price: $659,000
Location and Legal
County Or Parish: Bay
County Parish Name: Bay
City Name: Panama City
Postal Zip: 32408
Geographic Area: Other
Special Assessment YN: Yes
Country: United States
Street Number: 9900
Street Direction Prefix: S
Street Name: Thomas
Street Suffix: Drive
Unit Number: 2331
State Or Province: FL
Postal Code: 32408
Subdivision Name: SHORES OF PANAMA II
Area: 5940 - Other Florida County
Parcel Number: 40000675298
Zoning: Residential
Directions: Traveling east on Front Beach Road, turn right on Thomas Drive and the building is at first curve in road on right
General Property Information
Unit Floor #: 23
Living Area Main: 1400
Gated Community YN: Yes
Senior Community YN: No
Furnished: Furnished
Stories Total: 1
Pool Private YN: No
Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 3
Bathrooms Full: 3
Building Area Main: 1400
Building Area Source: Builder
Year Built: 2007
Waterfront YN: 1
Direction Faces: South
Financial Information
Association Deposit YN: No
Association Membership: Mandatory
Membership Fee Required YN: No
Association YN: 1
Association Fee: 1500
Association Fee Frequency: Monthly
Tax Annual Amount: 6693
Tax Year: 2025
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
Office/Member Information
DXORIGMLSID: RML
Application Fee Details
Application Fee: 0
Amenities
Business Center: 1
Elevator(s): 1
Fitness Center: 1
Game Room: 1
Indoor Pool: 1
Playground: 1
Pool: 1
Spa/Hot Tub: 1
Storage: 1
Electric
Three Phase: 1
Parking Features
Assigned: 1
Deeded: 1
Property Condition
Resale: 1
Short Sale Details
Short Sale Addendum: No
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Utilities
Cable Available: 1
Sewer Available: 1
Water Available: 1
Heating
Central: 1
Appliances
Dishwasher: 1
Dryer: 1
Microwave: 1
Refrigerator: 1
Washer: 1
Water Heater: 1
Construction Materials
Concrete: 1
Interior Features
None: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Security Patrol: 1
Security System: 1
Water Source
Public: 1
Waterfront Features
Ocean Front: 1
Water Heater Details
Electric Water Heater: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Showing Requirements
Appointment Only: 1
Main Level Rooms
Main Level Bathrooms: 3
Main Level Bedrooms: 3
Master Bedroom/Bath
Master Bdrm - Ground: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Pet Restrictions Possible: 1
Number Limit: 1
Size Limit: 1
Pet Details
Other Pet Restrictions: Owners only
Restrictions
No Restrictions: 1
Storm Protection
Impact Glass: Complete
Tax Information
No Homestead: 1
Showing Details
Pet(s) on Premises: No
Room Types
Kitchen: 1
Kitchen Level: Main
Living Room: 1
Living Room Level: Main
Master Bedroom: 1
Master Bedroom Level: Main
Price Calculations
Current Price To SqFt: 470.71
Status Change Information
Major Change Timestamp: 2026-03-02T16:16:52Z
Major Change Type: New Listing
Status Change Date: 2026-03-02
Originating Details
Originating System Key: 20260206174555593833000000
Originating System ID: M00000170
Property Features
Electric: Three Phase
Parking Features: Assigned; Deeded
Property Condition: Resale
Appliances: Dishwasher; Dryer; Microwave; Refrigerator; Washer; Water Heater
Water Heater Details: Electric Water Heater
Construction Materials: Concrete
Cooling: Central Air
Association Type: Condominium
Heating: Central
Interior Features: None
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Pet Restrictions Possible; Number Limit; Size Limit
Possession: Close Of Escrow; Negotiable
Restrictions: No Restrictions
Security Features: Security Patrol; Security System
Sewer: Public Sewer
Tax Information: No Homestead
Utilities: Cable Available; Sewer Available; Water Available
Water Source: Public
Waterfront Features: Ocean Front
Showing Requirements: Appointment Only
Room Types: Kitchen; Living Room; Master Bedroom
Supplements
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.
Room Information
| Room Name | Length | Length | Width | Width | Level | Remarks |
| Living Room | 14.00 | 14.00 | 14.00 | 14.00 | Main | Buyer to verify |
| Kitchen | 14.00 | 14.00 | 14.00 | 14.00 | Main | Buyer to verify |
| Master Bedroom | 14.00 | 14.00 | 12.00 | 12.00 | Main | Buyer to verify |
Listing Office: Luxe Coastal Realty Group LLC
Last Updated: March - 03 - 2026
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