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$413,300
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Property Description
WELCOME TO SHORES OF PANAMA 1704.....Stunning beachfront residence at **Shores of Panama - Unit 1704**. This beautifully appointed 2-bedroom plus private bunk room condominium offers exceptional Gulf views, luxury finishes, and impressive short-term rental potential. With the right management company, projected gross rental income ranges from **$75,000-$80,000 annually**, making it an outstanding investment opportunity. ## Property Overview Unit 1704 is thoughtfully designed for comfort, privacy, and rental performance. - **2 oversized bedrooms**, each featuring a private ensuite full bathroom - **Private bunk room** with its own bathroom and stand-up shower - Spacious open-concept living and dining area - Expansive beachfront balcony with breathtaking Gulf views - Offered **fully furnished** with upscale décor - Well-equipped kitchen with quality cabinetry, appliances, and ample counter space The split-bedroom layout maximizes privacy for guests, making this unit highly desirable for vacation rentals. The additional bunk room with a private bath significantly enhances occupancy potential and guest appeal. ## Investment Highlights This property is approved for **short-term rentals** and has strong income potential. - Estimated **$75,000-$80,000 gross annual income** with professional management - High-demand beachfront location - Turnkey and rental-ready - Strong guest appeal due to layout and amenities With its prime Gulf-front positioning and resort-level amenities, Unit 1704 is designed to generate consistent rental performance while offering owners personal enjoyment. ## Resort-Style Amenities at Shores of Panama Shores of Panama is known for delivering one of the most impressive amenity packages on the Gulf Coast. - **13,966 sq. ft. Gulf-front, zero-entry lagoon-style pool** with hot tub - Heated indoor pool for year-round enjoyment - Two seasonal tiki bars serving lunch and dinner - On-site coffee shop - Fully equipped fitness center - 24/7 on-site security - Direct beach access The lagoon-style pool is a signature feature of the resort and a major draw for vacationers. ## Prime Location Convenience and entertainment are right outside your door. - Adjacent to **Pineapple Willy's**, a local favorite - Walking distance to numerous restaurants, shopping, and entertainment venues - Wal-Mart located directly across the street for everyday essentials This central location enhances rental desirability by offering guests easy access to everything they need without requiring transportation. --- Shores of Panama Unit 1704 delivers the perfect combination of luxury beachfront living and strong investment potential. Whether you are seeking a high-performing vacation rental or a personal Gulf-front retreat, this fully furnished, amenity-rich residence is positioned to exceed expectations.
Full Property Details
Full Property Details for 9900 S Thomas Dr #1704
General
- Price: $413,300
- Taxes: $5,030 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 786779
- Updated: 4/23/2026
- Added to Site: 56 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Barbecue, Spa/Hot Tub
- Pool: Yes
- Pool Description: Indoor, In Ground, Community
- Security/Safety: Building Security, Fire Sprinkler System, Gated with Guard, 24 Hour Security, Security Guard, Fire Alarm
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Community Structure
Location
- County: Bay
- Subdivision: Shores Of Panama Phase I
- Driving Directions: Shores of Panama is next to Pineapple Willy's Restaurant across from Lake Town Warf on South Thomas Drive
School Information
- Elementary School: Breakfast Point
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Stories/Levels: 23
- Sq. Ft. Source: Appraiser
- Year Built: 2007
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Frontage: City Street
- Zoning: City, Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $5,030
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SHORES OF PANAMA PHASE I UNIT 1704 TYPE B(R) ORB 2740 P 2252 17TH FLOOR 2BD/3BR ORB 4323 P 1398 1148 SQ FT ORB 4323 P 1419 PARK SP# 725
- Property ID: 40000-650-289
Listed by Keller Williams Success Realty
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Schools
Schools serving 9900 S Thomas Dr #1704
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 #1704
Date
Details
Price
Change
Source
4/23/2026
Price Reduced
$413,300
-1.6%
MLS
3/24/2026
Price Reduced
$420,000
-1.18%
MLS
3/13/2026
Listed
$425,000
44.07%
MLS
11/10/2020
Sold
$295,000
—
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 #1704
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,212
-13%
$425,000
-4%
2024
$4,818
4%
$441,915
—
2023
$4,634
53%
$441,915
86%
2021
$3,025
-10%
$238,000
-20%
2022
$3,374
12%
$297,500
21%
2021
$3,025
15%
$246,024
20%
2019
$2,631
13%
$204,765
10%
2018
$2,322
14%
$186,150
4%
2017
$2,042
-15%
$178,500
-14%
2016
$2,399
6%
$206,640
10%
2015
$2,261
2%
$188,700
1%
2014
$2,226
13%
$185,980
3%
2013
$1,963
—
$179,988
—
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 #1704
9900 S Thomas Drive #1704, Panama City, FL 32408 (MLS# 786779) is a Condo property with 2 bedrooms and 3 full bathrooms. 9900 S Thomas Drive #1704 is currently listed for $413,300 and was received on March 14, 2026. Want to learn more about 9900 S Thomas Drive #1704? 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.

