9900 S Thomas Drive Unit 2331, Panama City, FL 32408

$659,000
3
BD
3
BA
1,400
SqFt

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List Price
$659,000
Days on Market
162
MLS#
R11167869
Year Built
2007
Bedrooms
3
Bathrooms
3
Living Area
1,400
MLS Area Major
5940 - Other Florida County

Property Description

Shores of Panama offers resort-style beachfront living, and this 3BR/3BA penthouse is perfectly positioned to take full advantage of it. Located on the end of the U, this unit sits directly on the Gulf, providing sweeping, unobstructed beach and water views from an expansive wrap-around balcony — an ideal setting for enjoying stunning sunrise views over the coastline. Inside, the spacious layout is ideal for full-time living, a second home, or a high-performing rental. The kitchen is bright and attractive, opening to the living and dining areas and maximizing both functionality and natural light. 3 bedrooms and 3 full baths allow for comfortable accommodations and strong rental appeal, while the penthouse level offers added privacy and an elevated vantage point. This unit also conveys with a dedicated parking space and private storage closet, a valuable bonus within Shores of Panama. Owners and guests enjoy direct beach access and a full suite of amenities including a lagoon-style Gulf-front pool, hot tubs, fitness center, and on-site dining. The location is hard to beat just steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, and entertainment. A Shores of Panama 3BR penthouse like this typically produces $80K-$90K annually, with upside into the $100K range if optimized. This is a rare opportunity to own a penthouse, beachfront 3BR with wrap-around balcony in one of Panama City Beach's most iconic resorts.

Additional Information

Taxes
$6,693
Hoa Fee
$1,500
Interior Features
Main Level Primary, None
Appliances
Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Water Heater, Washer
Utilities
Cable Available, Sewer Available, Water Available
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Concrete

Listing courtesy of Luxe Coastal Realty Group LLC.

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