9900 S Thomas DR #1825 new

Panama City,FL 32408

$ 325000

1 Bed

2 Baths

936 SqFt


Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 936 sqft

Price per Sqft $347

Subdivision Shores Of Panama Phase Ii

MLS Listing ID 776480

Style High Rise

Bedrooms 1

Full Baths 2

HOA Fees $982/qua

Year Built 2007

Annual Tax Amount $4,002

Tax Year 2024

Property Sub-Type Condominium

Property Description

NEW HVAC | $60K GROSS INCOME IN 2023 & 2024 | GULF VIEWS FROM THE 18TH FLOORProfessionally managed by a boutique rental company, this west-facing Shores of Panama condo offers both investment potential and resort-style living. With approximately $60,000 in gross rental income in both 2023 and 2024, the unit comes fully furnished and turn-key with new luxury floating LVP flooring, updated furniture within the last two years, privacy curtains, and a deeded parking space. This desirable Type-N floor plan features one bedroom, a private bunk area, two full bathrooms, and in-unit laundry. The balcony is outfitted with Pollywood furniture and overlooks the resort's lagoon-style pool and the Gulf of Mexico, offering stunning sunset views. The primary suite includes an adjustable orthopedic mattress with remote control and east-facing windows that provide sunrise and Gulf views across Panama City Beach. Shores of Panama is known for its expansive resort amenities, including a beachfront lagoon-style pool with palm-lined islands, fountains, and zero-entry access, as well as a heated indoor pool and hot tub, 24-hour fitness center, seasonal poolside Tiki bar, exclusive beach access, covered parking, on-site security, and complimentary Wi-Fi. The location is ideal, with Pineapple Willy's next door and multiple restaurants and attractions just across the street at Laketown Wharf. All information and HOA fees are deemed accurate but should be verified by buyers if important.

Location

State FL

County Bay

Community Barbecue,Beach,Elevator,Fitness Center,Other,Park,See Remarks,Short Term Rental Allowed,Waterfront,Pool

Area 03 - Bay County - Beach

Interior

Heating Central,Electric

Cooling Central Air,Ceiling Fan(s),Electric

Laundry Stacked

Exterior

Exterior Feature Balcony

Parking Features Assigned,Deeded

Garage Spaces 1.0

Garage Description 1.0

Pool Indoor,In Ground,Pool,Community

Community Features Barbecue,Beach,Elevator,Fitness Center,Other,Park,See Remarks,Short Term Rental Allowed,Waterfront,Pool

Utilities Available Cable Connected,Other,See Remarks,Trash Collection

Amenities Available Beach Rights

Waterfront Description Gulf

View Y/N Yes

View Gulf

Building

Story 23

Stories 23

Schools

Elementary Schools Breakfast Point

Middle Schools Breakfast Point

High Schools Arnold

Others

Acceptable Financing Cash,Other

Listing Terms Cash,Other

Special Listing Condition Listed As-Is

Virtual Tour https://www.zillow.com/view-imx/dd6bd455-c202-47dd-acda-1c261420381c?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

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