9900 S Thomas Drive Unit 1503, Panama City, FL 32408

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Sold Price
$507,400
List Price
$514,900
Closing Date
Apr 24, 2026
MLS#
785878
Status
CLOSED
Type
Condo
Subtype
Condominium
Bedrooms
2
Bathrooms
3
Neighborhood
Beach - Central South

Property Description

Major Price Improvement - Now $514,900 Previously $539,400, reduced over $24k! Gorgeous, turn-key wrap-around balcony unit offering panoramic views from east to west -- with breathtaking Gulf views that stretch for miles, plus stunning nighttime views overlooking the beautifully lit tropical lagoon pool. Enjoy peaceful sunrises with morning coffee and unforgettable sunsets reflecting across the water. This spacious floor plan features 2 bedrooms PLUS a large bunk room and 2.5 baths, comfortably living like a true 3-bedroom layout. Two oversized master suites provide exceptional comfort and privacy, making this an ideal primary residence, second home, or high-demand rental property. This unit also comes with a deeded parking spot on the 9th floor of the garage! Shores of Panama offers nearly 500 feet of pristine Gulf frontage and world-class, resort-style amenities, including: * 14,000 sq. ft. lagoon-style Gulf-front pool and hot tub * Heated indoor pool and hot tub * 3-room fitness center (complimentary for owners and guests) * Garage parking * Two on-site tiki bars (one beverage-focused and one food-focused) * Lobby coffee and donut shop The resort is in its final stages of major exterior renovation that enhances both appearance and long-term structural integrity. With Florida's updated condominium requirements impacting many properties statewide, Shores of Panama is proactively completing improvements that position it strongly for the future. With pricing strategically repositioned, this is a timely opportunity just ahead of high season for buyers seeking strong income potential and personal use in one of Panama City Beach's premier Gulf-front resorts. This 23-story Tuscan-inspired condominium is located in the heart of Panama City Beach, directly next to Pineapple Willy's and across from shopping and dining, including Super Walmart, Waffle House, and other popular restaurants. Nearby attractions include Ripley's Believe It or Not, WonderWorks, Shipwreck Island Waterpark, ZooWorld, Shell Island excursions, Dolly Parton's ''Pirates Voyage Dinner & Show'', Topgolf, and soon to open, Tootsie's Orchid Lounge! Whether you're seeking a beachfront getaway or an income-producing investment, this property offers exceptional location, amenities, and rental appeal.

Additional Information

Elementary School
Breakfast Point
High School
Arnold
Middle School
Surfside
Neighborhood
Beach - Central South
Project Facilities
Community Pool, Short Term Rental Allowed
Subdivision
Shores Of Panama Phase I
Utilities
Cable Connected
Waterfront
Yes
Year Built
2007

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Calculator source: Real Geeks

Listing courtesy of Ohana Real Estate Services. Selling Office: Emerald Coast Real Estate & Vacations LLC.