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$355,000
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Property Description
Positioned along the sugar-white sands of Panama City Beach, this highly sought-after Shores of Panama unit delivers the perfect combination of Gulf-front luxury and proven income performance. Known as one of the strongest rental resorts on the beach, Shores of Panama continues to outperform. This floorpan with the bedroom on the gulf consistently producing anywhere $55K-$65K annually. That's a solid ROI for the price you're paying!! This beautifully REFURBISHED and RENOVATED condo showcases floor-to-ceiling Gulf views from both the primary suite and main living area, filling the space with natural light and uninterrupted coastline scenery. The coveted L-shaped floor plan offers a rare, oversized double-wide balcony, providing additional outdoor living space ideal for dining, entertaining, or simply soaking in the breathtaking sunsets from a higher floor vantage point. The gulf-front primary suite offers direct balcony access and sweeping ocean views, an extremely desirable feature for renters. The kitchen is fully equipped with modern stainless steel appliances, granite countertops, and generous cabinetry, creating a functional yet stylish space for extended stays. Interior features include LVP flooring throughout the living areas, tile in the bathrooms, and a true bunk room with its own enclosed space, a key advantage for rental privacy and guest comfort. Coastal-inspired furnishings complete the inviting, turnkey design. Owners and guests can enjoy access to one of the most impressive lagoon-style pools on the beach, a spacious sun deck, on-site fitness center, and direct beach access, all within a full-service, gated resort environment. This unit also includes a rare deeded, covered parking space on the 11th floor (Space #1192) with secure owner access and 24-hour security, adding both convenience and value. Whether you're looking for a high-performing investment or a beachfront escape, this Shores of Panama condo checks every box. Strong rental history, premium layout, exceptional amenities, and unbeatable Gulf-front views make this a standout opportunity at 9900 Thomas Drive, Unit 2123. Schedule your private showing today and secure your place along the Emerald Coast.
Full Property Details
Full Property Details for 9900 S Thomas Dr #2123
General
- Sold For: $355,000
- Status: Closed
- Type: Condo
- Source: Bay_County
- MLS ID: 783910
- Added to Site: 50 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Oven, Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Other, See Remarks
- Pool: Yes
- Pool Description: Indoor, Community
- Security/Safety: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, 24 Hour Security, Key Card Entry, Security Guard, Security Lights, Fire Alarm, Smoke Detector(s)
Exterior
- Exterior Features: Patio
- Porch/Patio/Deck: Balcony, Patio
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
Location
- County: Bay
- Subdivision: Shores Of Panama Phase II
- Driving Directions: From anywhere in Panama City Beach, head to Front Beach Road, turn onto South Thomas Drive, and continue until you reach 9900 S Thomas Drive, Unit 2123, located at the Shores of Panama condominium.
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: High Speed Internet Available, Sewer Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Elevator: Yes
- Stories/Levels: 23
- Sq. Ft. Source: Appraiser
- Year Built: 2007
- Other Struct. Feat.: Dumpster
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Property View: Gulf
- Lot Dimensions: 0*0
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: SHORES OF PANAMA II UNIT 2123 TYPE L 0RB 2835 P 434 2BR 2.5BA ORB 4428 P 2134 1102 TOTAL SF ORB 4428 P 2135 PARKING SPACE #1192
- Property ID: 40000-675-264
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Schools
Schools serving 9900 S Thomas Dr #2123
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 #2123
Date
Details
Price
Change
Source
2/26/2026
Sold
$355,000
-5.33%
MLS
1/19/2026
Listed
$375,000
—
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 #2123, Panama City, FL 32408 (MLS# 783910) is a Condo property that was sold at $355,000 on February 26, 2026. This property was sold by Alice de La Penha from our Panama City Beach - Thomas Dr. Office.Want to learn more about 9900 S Thomas Drive #2123? 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.


