9900 S Thomas Drive Unit 431, Panama City, FL 32408

$635,000
3
BD
3
BA

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List Price
$635,000
Status
ACTIVE
MLS#
797499
Subtype
Residential
Style
High Rise
Year Built
2007
Bedrooms
3
Bathrooms
3
Full Baths
3
Subdivision
Shores Of Panama
Neighborhood
Beach - Central South
MLS Area Major
Bay County - Beach

Property Description

Over $57,000 in rental income in 2024 and right over $60,000 so far in 2026 with the rest of 2026 blocked for final exterior stucco work. YES! Special assessments are PAID IN FULL! This Gulf-front corner unit at Shores of Panama combines established rental history, sweeping coastal views, updated interiors, and convenient parking. Five features make this property stand out: GULF-FRONT CORNER LOCATION with a balcony wrapping around the front corner, panoramic views stretching east to west, AND a deeded parking space on the same level making arrivals, unloading, and beach getaways easier! Extensive resort amenities highlighted by the resort-style pool. Trendy yet simple coastal furnishings that create an inviting retreat. An updated kitchen, bathrooms, and flooring. Convenient access to shopping, local restaurants, and Panama City Beach attractions. Enjoy morning coffee overlooking the Gulf and unwind on the balcony after a day at the beach. Inside, refreshed finishes and inviting furnishings offer an appealing setting for vacation guests and personal getaways alike. Looking toward the next rental season? Closing before year-end offers the opportunity to establish management, prepare your rental calendar, and position the property for travelers making vacation plans in January for the 2027 season. With $61,000 in rental income already reported for 2026, special assessments paid in full, and deeded parking on the same level, this Gulf-front property deserves a closer look!

Additional Information

HOA Fee
$4,707
Property Description
High Rise
Zoning
Resort
Flooring
Plank, Vinyl
Appliances
Washer/Dryer Stacked, Electric Range
Air Conditioning
Central Air, Ceiling Fan(s)
Parking
Additional Parking
Garage Spaces
1
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

Listing courtesy of Dalton Wade Inc.

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