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$619,000
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Property Description
Investor's Dream: Turn-Key rental Machine 4th Story Vacation Rental in Shores of Panama over 55K on books till Sept 2025 on track to do same as last year. GROSSED just over 65k in 2024 Unlock the potential of high-yield returns with this stunning 3-bedroom, 3-bath condo, perfectly situated on the 4th story with same level parking of the esteemed Shores of Panama. With a captivating wrap-around private patio showcasing breathtaking beachfront views of the emerald waters and white sands of the Gulf of Mexico, this property is not just a home-it's a lucrative investment opportunity! Key Features: Fully Furnished & Ready to Rent: This spacious condo is fresh from renovations (2020), boasting new flooring, countertops, and a fresh coat of paint. Enjoy the full furnished beautifully decorated unit with solid wood furnishings throughout, making it ready for vacationers or short-term rental guests from day one. Designated Parking: Convenience is key with a dedicated parking space located on the same floor as the condo, eliminating the hassle of searching for parking. Recent Upgrades: All new Smart TVs throughout. Front loader water dryer. A brand new water heater (2023) ensures reliability for your guests, promising uninterrupted comfort throughout their stay. Experience unparalleled luxury at the Shores of Panama, where resort-style living takes center stage. Enjoy: - A stunning lagoon-style pool with a zero-entry design - Two tiki bars for on-site dining and refreshing beverages - A kids' play area for family-friendly fun - Heated indoor pool and accompanying Jacuzzi for year-round enjoyment - Close proximity to Pineapple Willy's, a beloved beachfront restaurant Prime Location: Centrally located in Panama City Beach, this condo offers direct access to local attractions, beach activities, and water sports, making it an ideal second home or investment property. Immediate Income Potential: Managed by Real Joy Property Management, this property comes with a track record of success and future reservations already in place. Start seeing immediate returns on your investment! Don't miss this incredible opportunity to own a piece of paradise that combines luxury living with solid investment potential. Schedule your viewing today and discover why Shores of Panama is a top destination for both vacationers and savvy investors.
Full Property Details
Full Property Details for 9900 S Thomas Dr #431
General
- Price: $619,000
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 763392
- Updated: 12/20/2025
- Added to Site: 259 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Washer/Dryer Stacked, Electric Range
- Flooring: Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Gazebo
- Pool: Yes
- Pool Description: Indoor, In Ground, Community
- Security/Safety: Building Security, Fire Escape, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Gated Community, 24 Hour Security, Fire Alarm
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Additional Parking
Location
- County: Bay
- Subdivision: Shores Of Panama Phase II
- Driving Directions: FROM THOMAS DR OR FRONT BEACH ROAD TURN ON TO S THOMAS DR HEADED TOWARDS PINEAPPLE WILLIES. COMPLEX IN BEND OF ROAD
School Information
- Elementary School: Breakfast Point
- Middle School: Breakfast Point
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
Utilities
- Utility Description: Phone Available
Structural Information
- Architectural Style: High Rise
- Sq. Ft. Source: Appraiser
- Year Built: 2007
Lot Features
- Lot Dimensions: 0 x 0
- Zoning: Resort
Water Features
- Water Front: Yes
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SHORES OF PANAMA II UNIT 431 TYPE U ORB 2835 P 434 3 BR 3 BA ORB 4342 P 2055 1400 TOTAL SF ORB 4342 P 2056 PK SP # 453
- Property ID: 40000-675-051
Listed by Dalton Wade Inc
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Schools
Schools serving 9900 S Thomas Dr #431
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 Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 9900 S Thomas Dr #431
Date
Details
Price
Change
Source
12/20/2025
Price Reduced
$619,000
-3.28%
MLS
10/20/2025
Price Reduced
$640,000
-1.54%
MLS
11/16/2024
Price Reduced
$650,000
-3.7%
MLS
10/01/2024
Listed
$675,000
12.5%
MLS
7/08/2024
Sold
$600,000
—
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 #431
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,306
1%
$615,155
—
2023
$6,222
68%
$615,154
106%
2021
$3,706
-22%
$298,350
-37%
2022
$4,731
28%
$473,195
71%
2021
$3,706
16%
$277,047
5%
2019
$3,191
-1%
$263,853
1%
2018
$3,233
2%
$261,800
-7%
2017
$3,181
-2%
$280,033
—
2016
$3,240
-8%
$280,033
-5%
2015
$3,506
7%
$294,000
6%
2014
$3,291
20%
$276,250
8%
2013
$2,753
—
$254,915
—
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 #431
9900 S Thomas Drive #431, Panama City Beach, FL 32408 (MLS# 763392) is a Condo property with 3 bedrooms and 3 full bathrooms. 9900 S Thomas Drive #431 is currently listed for $619,000 and was received on May 04, 2025. Want to learn more about 9900 S Thomas Drive #431? 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.

