9900 S Thomas Dr Unit 1417, Panama City, FL 32408

Wow! This condo has been booked solid since it hit the market--but the owner is now pursuing a 1031 exchange on a property in their hometown. As a result, the price has just been reduced by $40, 000! Luxurious 2BR/2BA Gulf-Front Condo in Shores of Panama - Fully Renovated & Furnished, with a Deeded Parking Spot. 2024 Actual Rental Revenue: $37k with 2 months blocked off due to construction. Next 12 months (Apr '25 to Apr '26) Revenue Projections: $45k-$50k. Located in the exclusive Shores of Panama resort, this popular ''C'' floor plan luxury condo offers 907 sq. ft. of fully renovated elegance. Featuring a beachfront master bedroom with full ensuite bath and a guest bedroom with custom built bunkbeds (twin over FULL) also with a full ensuite bath. This beautifully decorated unit boasts 9-ft ceilings, recently new flooring, paint, and furniture.The kitchen is a chef's dream, featuring new stainless steel appliances, recently installed granite countertops, a breakfast bar, and all-new custom cabinets with soft-close doors and drawers.Both bathrooms showcase Allen + Roth vanities with natural Carrara marble tops, and the condo is illuminated by upgraded LED lighting throughout. Every bed comes with recently replaced mattresses and pillows for ultimate comfort.Nicely centered in the middle of the resort for straight-on views of the beach/gulf and nighttime views of the beautifully lit lagoon-style pool and tropical pool area, including beautiful palm trees and lush landscaping. Step onto your private balcony and take in breathtaking Gulf views day and night. Whether you're looking for the perfect beach getaway or a strong investment opportunity, this condo is an exceptional choice.Shores of Panama is a very popular gulf front vacation resort in Panama City Beach and is within walking distance to many area restaurants and entertainment venues. Amenities include a HUGE14, 000+ sq ft outdoor pool, with zero entry area. There is an outdoor and indoor hot tub, plus an additional indoor (heated) pool and sauna. There are two chef-managed tiki bars; one with handmade drinks and the other with a great menu including burgers, and the best chicken wings and seafood boil you've ever tasted! There is also a coffee & donut shop in the lobby, and a 3-room fitness center available for owners and guests at no charge. Shores of Panama is located across from Super Walmart, next door to Waffle House, next door to the famous Pineapple Willys, and across the street from The Wharf buffet and other dining and shopping.Visit favorites: Ripley's Believe it or Not, Wonderworks, Shipwreck Island Water Park, ZooWorld, and so many other attractions for families! Coming early 2025: Dolly Parton's Pirates Voyage Dinner & Show, Top Golf , and several more great attractions!All info must be verified by Buyers if important.See Document section for more information.

Property Features