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USAFLPanama City BeachShores of Panama Phase Ii2331-9900 S Thomas Dr
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2331-9900 S Thomas Dr, Panama City Beach, FL

Condo

For Sale

Listed price in listed location currency (USD).
$645,000

330

MLS® 784818

  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type Condominium
Levels Residential
Size -
Garage No
Maintenance Fees 
Taxes $6,693
Days Active 51
Approx. Age 2007
MLS® Number 784818

Property Address: 2331-9900 S Thomas Dr, Panama City Beach, FL, 32408-3804

Average square foot calculated using Size range provided by listing agent.

Description

Investor opportunity in one of Panama City Beach's most recognizable beachfront resorts. This 3BR/3BA penthouse at Shores of Panama is uniquely positioned on the end of the U-shaped building, placing it directly on the Gulf with sweeping, unobstructed beach and water views. The expansive wrap-around balcony is a rare feature in the building and creates a premium guest experience that consistently drives stronger booking performance and higher nightly rates. From a rental perspective, this unit checks the boxes vacation guests actively search for: penthouse elevation, true Gulf-front exposure, large balcony space, and a full 3 bedroom / 3 bathroom layout that comfortably accommodates larger groups and families. These features tend to command higher ADRs and stronger occupancy compared to interior or lower-floor units. The bright kitchen opens to the living and dining areas, maximizing both natural light and the view corridor -- another key factor in guest reviews and repeat bookings. Additional value comes with the dedicated parking space and private storage closet, a sought-after bonus within Shores of Panama that enhances owner convenience and guest usability. Shores of Panama remains one of the most amenity-rich resorts on the beach, featuring a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, and direct beach access. The location places guests within walking distance of popular attractions including Pineapple Willy's, 810 Billiards & Bowling, and numerous dining and entertainment options, all of which help drive consistent rental demand. Well-positioned 3BR units in this building commonly produce approximately $80, 000-$90, 000 annually in rental income, with potential upside into the $100, 000+ range when professionally optimized. Opportunities to purchase a true beachfront 3BR penthouse with a wrap-around balcony in Shores of Panama are limited. For investors seeking a property with strong rental fundamentals and standout guest appeal, this unit offers a compelling combination of location, layout, and income potential.
MLS® Number784818
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2007
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:First Floor12 × 14 ft
Bedroom 1:First Floor11 × 14 ft

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 6, 2026List Date
$645,000List Price
  • Commute

Commute

Starting Address
Destination Address
9900 S Thomas Dr, Panama City Beach, FL

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