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$507,400
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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.
Full Property Details
Full Property Details for 9900 S Thomas Dr #1503
General
- Sold For: $507,400
- Taxes: $5,978 (2025)
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 785878
- Added to Site: 97 day(s) ago
Interior
- Number of Rooms: 6
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Beach Rights, Barbecue, Picnic Area, Spa/Hot Tub
- Pool: Yes
- Pool Description: Community
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Shores Of Panama Phase I
- Driving Directions: Intersection of Front Beach and S. Thomas Dr.
School Information
- Elementary School: Breakfast Point
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected
Structural Information
- Architectural Style: High Rise
- Stories/Levels: 23
- Sq. Ft. Source: Plans
- Year Built: 2007
Lot Features
- Lot Dimensions: 0 x 0
Water Features
- Water Front: Yes
- Water Front Desc.: Gulf
- Water Front View: Gulf
Financial Considerations
- Tax Amount: $5,978
- Tax Year: 2025
Disclosures and Reports
- Legal Description: SHORES OF PANAMA PHASE I UNIT 1503 TYPE E ORB 2740 P 2252 15TH FLOOR 2BD/2.5BR ORB 4585 P 718 1131 H&C ORB 4585 P 720 PARK SP# 927
- Property ID: 40000-650-252
Listed by Ohana Real Estate Services
Sold by Emerald Coast Real Estate & Vacations LLC
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Schools
Schools serving 9900 S Thomas Dr #1503
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 #1503
Date
Details
Price
Change
Source
4/24/2026
Sold
$507,400
-1.46%
MLS
4/12/2026
Price Reduced
$514,900
-4.54%
MLS
3/20/2026
Price Reduced
$539,400
-0.09%
MLS
2/26/2026
Listed
$539,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
9900 S Thomas Drive #1503, Panama City, FL 32408 (MLS# 785878) is a Condo property that was sold at $507,400 on April 24, 2026. Want to learn more about 9900 S Thomas Drive #1503? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

