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3 Beds
3 Baths
1,400 sqft

$615,000

9900 S Thomas Drive 2331, Panama City Beach FL, 32408

Price per sqft$439.29
Built in2007
Property size1,400 sqft
Property typeCondominium

Overview

Active

Listed Oct 26, 2026

Updated 12h ago

This Gulf-front 3BR/3BA penthouse at Shores of Panama is now offered at an even more compelling value and presents a rare opportunity for investors, second-home buyers, or anyone wanting a true beachfront penthouse in Panama City Beach. Perfectly positioned on the end of the U-shaped building, this unit offers sweeping, unobstructed Gulf views from an expansive wrap-around balcony, including beautiful sunrise views over the coastline. The spacious 3-bedroom, 3-bath layout is ideal for personal use or vacation rental income, while the penthouse elevation provides added privacy and an exceptional vantage point. The unit also conveys with a dedicated parking space and private storage closet, valuable extras rarely found with competing properties. Shores of Panama offers direct beach access, a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, and an unbeatable location steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, dining, and entertainment. Well-positioned 3BR units in the building commonly generate approximately $80K-$90K annually, with upside potential into the $100K range when professionally optimized. With another significant price reduction, premium penthouse features, and exceptional Gulf-front positioning, Unit 2331 stands out as one of the most compelling opportunities currently available at Shores of Panama.

$4,092/mo

Est. mortgage payment based on a $615,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
797041

Interior Features

Bedrooms
3
Bathrooms
3
Basement
No

Other Property Details

Taxes
$6,693
Tax Frequency
Annually
Association Fee Frequency
Quarterly
Waterfront
Yes

Also listed on ECAR

 

Courtesy of Luxe Coastal Realty Group LLC, Marcy L O'Donnell,
Listing Contact: 848-220-5555 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Salty Listings | Paul D. Gibney | Panhandle Paul shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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