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$479,900
Property Description
Welcome to one of the best values on the Gulf at Shores of Panama. Offering breathtaking, unobstructed views from the moment you walk through the door, this Gulf-front 2BR/2.5BA condo with additional bunk space features a highly desirable layout designed for both effortless coastal living and strong short-term rental performance. The open-concept living area is filled with natural light and flows seamlessly to a private balcony overlooking the emerald waters of the Gulf. A true standout, the Gulf-front primary suite offers direct water views and a relaxing retreat feel, while the guest bedroom and bunk area allow the unit to comfortably sleep up to 8 guests which help maximize rental potential. The well-appointed kitchen features granite countertops, stainless steel appliances, and ample seating, all opening into spacious living and dining areas ideal for entertaining. Additional highlights include a convenient half bath and in-unit washer and dryer. A deeded parking space conveys with the property, which is an extremely rare and highly valuable feature at Shores of Panama that adds both convenience and long-term appeal. Shores of Panama is one of Panama City Beach's most sought-after resort communities, offering over 14,000 square feet of lagoon-style pools, an indoor heated pool, hot tubs, fitness center, tiki bars, and direct beach access. Offered under $500K, this is an exceptional opportunity to own a Gulf-front, income-producing property with strong rental potential and built-in advantages that set it apart from the rest.
Full Property Details
Full Property Details for 9900 S Thomas Dr #1420
General
- Price: $479,900
- Taxes: $4,763 (2025)
- Status: Active
- Type: Condo
- Source: Emerald_Coast
- MLS ID: 998654
- Updated: 4/13/2026
- Added to Site: 23 day(s) ago
Interior
- Number of Rooms: 4
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Pool Type
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Parking Features: Garage, Covered, Guest
Location
- Area: 27 - Bay County
- County: Bay
- Subdivision: SHORES OF PANAMA
- Driving Directions: Turn right onto South Thomas Drive from Front Beach Road and the condo will be the first on the right.
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating/Cooling: Central Air
Utilities
- Utility Description: Electric
Structural Information
- Square Feet: 1,102
- Sq. Ft. Source: County PA Records
- Year Built: 2007
Financial Considerations
- Assessment Amount: $3,705
- Tax Amount: $4,763.79
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SHORES OF PANAMA II UNIT 1420 TYPE L ORB 2835 P 434 2BR 2.5BA ORB 4815 P 2286 1102 TOTAL SF . PARKING 760
- APN: 40000-675-170
- Property ID: 40000-675-170
Listed by Scenic Sotheby's International Realty
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Schools
Schools serving 9900 S Thomas Dr #1420
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Breakfast Point Academy 601 N Richard Jackson Boulevard, Panama City Beach, FL 32407 | K-8 | 1 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9900 S Thomas Dr #1420
Date
Details
Price
Change
Source
3/23/2026
Listed
$479,900
-9.45%
MLS
10/16/2023
Sold
$530,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 9900 S Thomas Dr #1420
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,468
—
$361,251
-19%
2024
$5,468
-2%
$444,126
—
2023
$5,562
56%
$444,125
36%
2022
$3,555
15%
$325,550
34%
2021
$3,096
—
$242,250
-9%
2021
$3,096
1%
$266,900
5%
2019
$3,061
11%
$254,364
14%
2018
$2,769
2%
$222,701
-6%
2017
$2,710
-2%
$238,000
—
2016
$2,766
—
$238,638
3%
2015
$2,769
7%
$231,625
7%
2014
$2,577
10%
$215,688
—
2013
$2,346
—
$216,750
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 9900 S Thomas Dr #1420
9900 S Thomas Drive #1420, Panama City Beach, FL 32408 (MLS# 998654) is a Condo property with 2 bedrooms, 2 full bathrooms and 1 partial bathroom. 9900 S Thomas Drive #1420 is currently listed for $479,900 and was received on March 23, 2026. Want to learn more about 9900 S Thomas Drive #1420? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.
