9900 S Thomas Drive 2331, Panama City Beach, FL 32408 (MLS# 784818)

List Price/SqFt: 446.43

Status: Active

List Date: 2026-02-06

List Price: $625,000

Current Price: $625,000

Unit #: 2331

Sub Area: 0318 - Beach - Central South

Community/Resort: None

Waterfront: Yes

Gulf Access: Yes

Elementary School: Breakfast Point

Middle School: Breakfast Point

High School: Arnold

Directions: Traveling east on Front Beach Road, turn right on Thomas Drive and the building is at first curve in road on right.

Area: 03 - Bay County - Beach

Street #: 9900

Street Direction: S

Street Name: Thomas

Street Suffix: Drive

State: FL

Zip Code: 32408

County: Bay

Subdivision: Shores Of Panama Phase II

Parcel ID: 40000-675-298

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

Floor Number: 23

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1400

Construction Status: Construction Complete

SqFt Source: Builders Plans

Lot Dimensions: N/A

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 3

Full Baths: 3

Total Baths: 3

Year Built: 2007

HOA Fee: Yes

HOA Amount: 4500

HOA Frequency: Quarterly

HOA Annual Amount: 18000

New Buyer Fee: No

Last Taxes: 6693

Last Tax Year: 2025

Brokerage Interest: Owner Outside Licensee - Owner is a licensed real estate broker or salesperson.

Condo Doc: Yes

Remarks: ANOTHER MAJOR PRICE IMPROVEMENT -- NOW OFFERED AT JUST $625,000 + SELLER TO PAY OFF THE SPECIAL ASSESSMENT AT CLOSING! This true Gulf-front 3BR/3BA penthouse at Shores of Panama represents one of the most exciting values currently available in the building. Perfectly positioned on the coveted end of the U-shaped resort, Unit 2331 showcases sweeping Gulf views from a rare wrap-around balcony--an exceptional feature that elevates both the owner experience and short-term rental appeal. The penthouse elevation, direct Gulf-front exposure, and spacious three-bedroom, three-bath layout create one of the resort's most desirable configurations. The unit also conveys with a dedicated parking space and private storage closet, valuable extras rarely included with competing properties. Even better, the sellers will pay off the current special assessment at closing, delivering significant savings and added peace of mind for the next owner. Shores of Panama offers a spectacular lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, direct beach access, and a prime location within walking distance of Pineapple Willy's, 810 Billiards & Bowling, shopping, dining, and entertainment. With strong rental potential, premium features, and a newly reduced price of $625,000, this is a rare opportunity for investors and second-home buyers to secure a true Gulf-front penthouse at an exceptional value. 🌊💰🏖️

Dishwasher: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Water Heater - Electric: 1

Balcony: 1

Beach: 1

Dumpster: 1

Exercise Room: 1

Game Room: 1

Pool: 1

TV Cable: 1

Furnished: 1

Assigned: 1

Deeded: 1

BBQ Pit/Grill: 1

Beach: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Game Room: 1

Pavilion/Gazebo: 1

Pool: 1

Security-24 hour: 1

Separate Storage: 1

Waterfront: 1

Whirlpool: 1

Bedroom: 1

Primary Bedroom: 1

Electricity - Connected: 1

Gulf: 1

As Is: 1

Gulf: 1

First: 1

First: 1

24 Hour Security: 1

Building Security: 1