Shores Of Panama Phase I Homes under $350,000

Shores Of Panama Phase I Homes under $350,000

Welcome to Shores of Panama Phase I, a vibrant coastal community nestled in the heart of Bay County, Florida. This charming subdivision perfectly combines the allure of beachside living with the comforts of a tight-knit neighborhood. With stunning views of the Gulf of Mexico and easy access to pristine sandy beaches, Shores of Panama Phase I is a paradise for those seeking a relaxed yet active lifestyle.

One of the standout features of this delightful community is its affordability. Here, you can find beautiful homes priced under $350,000, making it an ideal choice for first-time buyers, vacation home seekers, or anyone looking to invest in a slice of Florida’s coastal charm. These homes boast a variety of styles and layouts, ensuring that there’s something to suit every taste and preference. From cozy condos with breathtaking ocean views to spacious townhomes perfect for family gatherings, Shores of Panama Phase I offers a diverse range of options.

Residents enjoy a wealth of amenities, including a sparkling community pool, fitness center, and easy access to local shops and restaurants. The inviting atmosphere and friendly neighbors foster a sense of belonging that is hard to find elsewhere.

Whether you’re drawn to the sun-soaked beaches, the vibrant local culture, or the welcoming community spirit, Shores of Panama Phase I is more than just a place to live – it’s a lifestyle. Come and discover your dream home in this enchanting subdivision, where the beauty of Florida living awaits you!

Newest Shores Of Panama Phase I Homes under $350,000

9900 S Thomas Drive Unit 1805, Panama City Beach
$265,000
1 Baths ⋅ 795621 MLS
SHORES OF PANAMA STUDIO! DEEDED PARKING! FRESHLY UPDATED AND FULLY FURNISHED! This updated studio offers an excellent opportunity to own a furnished condo at one of Panama City Beach's most recognizable Gulf-front resorts. Located on the west side of the building, the balcony receives gentler morning sunlight and remains shaded from the more intense afternoon sun, creating a comfortable place to enjoy the coastal air later in the day. The interior has been refreshed with new paint throughout, including the ceilings, walls, baseboards, and cabinetry, while tile flooring extends throughout the entire unit. The combined living and sleeping space includes a king-size bed with matching side tables, a sofa, rocking chair, and a built-in pedestal-height granite table with swivel bar chairs. Nearly all of the furnishings are new, as are the kitchenware, microwave, and Smart TV. The table lamps include built-in charging ports and electrical outlets, while blackout curtains provide added comfort. The bathroom features a tub-and-shower combination, updated vanity mirror, and new vanity lighting. Other conveniences include a stackable washer and dryer and a wall-mounted air-conditioning unit replaced in 2024. The unit also conveys with a deeded parking space located on the ninth floor. Shores of Panama Resort is known for its expansive Gulf-front lagoon pool, one of the largest in Panama City Beach. The resort-style pool area features zero-entry access, palm-lined islands, fountains, a spacious hot tub, and direct beach access. Additional amenities include an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. Located in the heart of Panama City Beach, Shores of Panama places dining, shopping, and entertainment nearby. Pineapple Willy's is adjacent to the resort, while Laketown Wharf, directly across the street, offers additional dining, retail, and entertainment options, including Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots, The Press, The Bun Lab, 810 Billiards & Bowling, salon services, and more. Other Panama City Beach attractions and entertainment venues include Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are $1,820.93 per quarter. All information is deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 1805, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 1010, Panama City Beach
$300,000
1 Beds ⋅ 2 Baths ⋅ 795117 MLS
SAME-LEVEL LEASED PARKING. BUNK ROOM WITH A DOOR. FRESHLY PAINTED. Shores of Panama 1010 is a fully furnished, 10th-floor Type F floor plan featuring one bedroom, an enclosed bunk room, one full bathroom, and one half bathroom. Tile flooring extends throughout the unit. The bunk room includes a door for separation from the main living area, an uncommon feature within this stack. The kitchen features Ubatuba granite countertops, updated cabinet hardware, and a stackable washer and dryer. The primary bedroom includes a king-size bed, and flat-screen televisions are located in the primary bedroom, bunk room, and living room. The freshly painted interior is furnished for continued rental use. The leased parking space is located shortly after entering the 10th-floor parking level, providing covered, same-level access to the unit without changing floors. The corner balcony overlooks the lagoon-style pool and surrounding resort grounds. Additional equipment details include a 2015 water heater and the original HVAC system. Shores of Panama is a Gulf-Front resort centered around an expansive zero-entry lagoon-style pool with palm-lined islands, fountains, and a large outdoor hot tub. Additional amenities include private beach access, an indoor heated pool and hot tub, a 24-hour fitness center, a seasonal poolside Tiki bar, and covered parking. Located in the heart of Panama City Beach, Shores of Panama is adjacent to Pineapple Willy's and directly across from Laketown Wharf, offering nearby dining, shopping, and entertainment. Additional Panama City Beach attractions include Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are currently $3,507.11 per quarter. One special assessment installment remains in the amount of $1,218.04, due in the fourth quarter of 2026. All information is deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 1010, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 510, Panama City Beach
$295,000
1 Beds ⋅ 2 Baths ⋅ 795063 MLS
LOW FLOOR. LEASED PARKING SPACE. FRONT DOOR BY THE ELEVATOR. Shores of Panama 510 is a furnished, fifth-floor Type F floor plan in Panama City Beach featuring one bedroom, a bunk area, one full bathroom, and one half bathroom. The balcony offers views over the resort pool and out to the Gulf. The recently painted interior is decorated in a light coastal style and features tile flooring throughout. The kitchen includes granite countertops, stainless steel appliances, and a stackable washer and dryer. Near the entry, the bunk area provides additional sleeping accommodations, with the half bathroom conveniently located nearby. The primary bedroom includes a king-size bed and access to the full bathroom. The unit also has a leased parking space on the 6th floor (658), and the front door is positioned immediately near the elevator. Additional updates include a 2020 HVAC system and a 2019 water heater. Shores of Panama is a Gulf-front resort centered around an expansive zero-entry lagoon-style pool with palm-lined islands, fountains, and a large outdoor hot tub. Additional amenities include private beach access, an indoor heated pool and hot tub, a 24-hour fitness center, a seasonal poolside Tiki bar, and covered parking. Located in the heart of Panama City Beach, Shores of Panama is adjacent to Pineapple Willy's and directly across from Laketown Wharf, offering nearby dining, shopping, and entertainment. Additional Panama City Beach attractions include Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are currently $3,507.11 per quarter. One special assessment installment remains in the amount of $1,218.04, due in the fourth quarter of 2026. All information is deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 510, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 2305, Panama City Beach
$295,000
1 Baths ⋅ 794007 MLS
Own at the Shores of Panama with this highly sought-after ''G'' stack Gulf-view studio condo, a prime penthouse level TOP FLOOR location offering breathtaking, unobstructed views of the emerald waters and sugar-white sand. Wake each morning to panoramic Gulf views and step onto your private balcony overlooking the shoreline. The condo conveys fully furnished and rental-ready, making it an effortless investment opportunity or turnkey beach retreat. This unit also includes one deeded parking space. Shores of Panama is home to the largest Gulf-front lagoon pool in Panama City Beach, with its spectacular 14,000+ sq ft zero-entry lagoon pool with palm-lined islands, fountains, and expansive hot tub. tropical palm islands, fountains, and an oversized hot tub--all just steps from exclusive beachfront access. Owners and guests also enjoy: Indoor heated pool and hot tub, 24-hour fitness center, Seasonal poolside Tiki bar, Covered parking, and On-site security. The location is unbeatable--walk next door to Pineapple Willy's for beachfront dining or cross the street to Laketown Wharf for multiple dining options including The Wharf Buffet, Juan Taco, and LuLu's Bar & Restaurant. Shopping, entertainment, and attractions are all within easy reach. If you're looking for a well-positioned Gulf-front condo with proven rental appeal and unbeatable amenities--this is a standout opportunity. With exterior renovations scheduled to enhance curb appeal and long-term value, this is a strategic opportunity to secure this wonderful gulf front studio condo, ideal as a personal retreat, income powerhouse, or both. All information and HOA details are believed accurate but should be verified by buyers if important.

9900 S Thomas Drive Unit 2305, Panama City Beach

Listing courtesy of Christies International Real Estate Emerald Coast.

9900 S Thomas Drive Unit 2213, Panama City Beach
$320,000
2 Beds ⋅ 2 Baths ⋅ 793121 MLS
HIGH FLOOR. GULF-FRONT PRIMARY SUITE. 30-FOOT BALCONY. Shores of Panama 2213 is a furnished Type C floor plan on the 22nd floor of Shores of Panama Resort in Panama City Beach, Florida, featuring one bedroom, a private bunk room, two full bathrooms, and accommodations for up to six guests. The Gulf-front primary suite includes a king-size bed, Gulf views, a private ensuite bathroom, and a renovated vanity with a granite countertop, updated mirror, and updated lighting. A barn door provides separation and privacy for the bunk room, while the adjacent full bathroom includes a stackable washer and dryer and a dehumidifier. The interior features luxury vinyl plank flooring throughout, coastal-inspired décor, updated light fixtures, flat-screen televisions, granite kitchen countertops, and abundant natural light. The oversized balcony extends more than 30 feet across the unit, providing elevated views of the Gulf, the resort's lagoon-style pool, and the surrounding coastline. The property generated $36,171 in gross rental income during 2025. Gross rental income for 2026 totaled $24,330 through June, excluding July, with the current pace positioned to meet or exceed the prior year despite owner use. Rental figures are provided for reference only and are not a guarantee of future performance. The HVAC system was installed in 2017, and the water heater was installed in 2018. This unit does not include a deeded parking space. Overflow parking is available throughout the resort parking garage, subject to resort rules and availability. Shores of Panama Resort features a large Gulf-front lagoon-style pool with zero-entry access, palm-lined islands, fountains, and a spacious hot tub. Additional amenities include resort-exclusive beachfront access, an indoor heated pool and hot tub, a 24-hour fitness center, a seasonal poolside Tiki bar, covered parking, complimentary Wi-Fi, and on-site security. Pineapple Willy's is adjacent to the resort, while Laketown Wharf across the street offers dining, retail, and entertainment options. Additional Panama City Beach attractions include Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. Quarterly HOA dues are currently $3,491.71. All information, measurements, rental figures, availability, and HOA fees are deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 2213, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 612, Panama City
$347,900
1 Beds ⋅ 2 Baths ⋅ 790916 MLS
Experience coastal living at its finest in this beautifully appointed 1-bedroom, 2-bathroom condo located on the 6th floor of the highly sought-after Shores of Panama Resort in Panama City Beach. Showcasing breathtaking Gulf views through expansive floor-to-ceiling windows, this stylish residence blends timeless beach décor with comfortable, high-end furnishings for a warm and inviting coastal retreat. The open-concept living area features a sleeper sofa, flat-screen television, and direct access to a spacious private balcony overlooking the world's most beautiful beaches. The fully equipped kitchen offers everything needed for preparing meals at home, while the generous dining space provides plenty of room to gather with family and friends. The primary bedroom features a king-sized bed and private bath with a tub/shower combination. A hallway bunk area with twin bunks provides additional sleeping accommodations, and a second full bathroom adds convenience for guests. This thoughtfully designed condo comfortably sleeps up to 6 guests and includes a washer and dryer, high-speed internet, cable, and a reserved parking space conveniently located on the same floor. Shores of Panama is one of Panama City Beach's most popular Gulf-front resort destinations, known for its impressive amenities and unbeatable location. Perfectly situated at the corner of South Thomas Drive and Front Beach Road, the resort places owners and guests within walking distance of restaurants, shopping, entertainment, and family-friendly attractions. Resort amenities include private beach access, a stunning lagoon-style Gulf-side pool with fountains, two tiki bars, a spacious pool deck with recreational features, Gulf-side hot tub, heated indoor pool and hot tub, fitness center, covered on-site parking, and complimentary high-speed internet. Whether you are searching for a personal beach getaway, vacation rental investment, or a turnkey coastal retreat, this Shores of Panama condo offers exceptional views, resort-style amenities, and a prime Panama City Beach location. **Age, dimensions and square footage are approximate. Buyer should verify if important.**

9900 S Thomas Drive Unit 612, Panama City

Listing courtesy of Portfolio Real Estate and Management Group.

9900 S Thomas Drive Unit 1113, Panama City
$339,000
1 Beds ⋅ 2 Baths ⋅ 790100 MLS
ALL TILE THROUGHOUT!! This is the ''C'' plan that has 1bd + Bunkroom with 2 full bathrooms, with the double balcony. GULF-FRONT MASTER BEDROOM AND GULF-FRONT LIVING ROOM. Great views to the pool and the gulf. BALCONY REPAIRS HAVE ALREADY BEEN COMPLETED!

9900 S Thomas Drive Unit 1113, Panama City

Listing courtesy of Pineapple Properties.

9900 S Thomas Drive Unit 2009, Panama City Beach
$289,900
1 Beds ⋅ 2 Baths ⋅ 786447 MLS
Priced at $299,000 and including a $10,000 credit for an update allowance, this Shores of Panama condominium is a high-yield candidate for investors or those seeking a turnkey secondary property. The floor plan includes 1 bedroom, 2 bathrooms, and a bonus bunk alcove, providing flexible sleeping arrangements. A key advantage of this listing is the inclusion of deeded parking on the 10th floor and immediate proximity to building infrastructure for easy tenant turnover. The complex is distinguished by its comprehensive amenity package, including a 14,000 sq. ft. lagoon pool, indoor heated swimming pool, and fitness facilities, all situated directly on the sugar-white sands of Panama City Beach. Strategically priced and move-in ready, this unit is prepared for immediate acquisition.

9900 S Thomas Drive Unit 2009, Panama City Beach

Listing courtesy of Berkshire Hathaway HomeServices PenFed.

9900 S Thomas Drive Unit 2230, Panama City Beach
$320,000
1 Beds ⋅ 2 Baths ⋅ 784391 MLS
Rare Endcap unit available just listed for sale. Enjoy beautiful Gulf views from this spacious 1-bedroom, 2-bath condo located at the highly desirable Shores of Panama in Panama City Beach. Unit 2230 offers a comfortable and functional layout, perfect for a primary residence, vacation getaway, or investment property. The bedroom provides a private retreat, while the second full bathroom adds convenience for guests. Step out to take in the sights and sounds of the Gulf, just steps from the sugar-white sand and emerald waters. Shores of Panama is known for its prime beachfront location and proximity to dining, shopping, and entertainment, making this an ideal place to enjoy the beach lifestyle. Comes with its own deeded parking space on floor 11.

9900 S Thomas Drive Unit 2230, Panama City Beach

Listing courtesy of Emerald Coast Real Estate & Vacations LLC.

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