Investor Alert: Sky-High Rental Returns Await Includes assigned parking space #874-a rare, highly valuable perk for effortless guest access and resale boost. This turnkey powerhouse in the elite Type H stack of Shores of Panama-a 23-story Gulf-front icon-grosses up to $65K/year with strong seasonal bookings. Sleeps 10 in two masters (king/queen), bunk room, and sofa bed. Direct Gulf views from the oversized balcony deliver premium appeal. Enjoy 8-10% cap rates after $1,551/mo HOA (covers amenities/insurance). With exterior renos starting October 20, 2025, and wrapping by March 24, 2026, the resort's curb appeal and values are set to soar-just in time for peak-season boom. Fresh Updates for Seamless Rentals Fully investor-ready, this unit features granite kitchen counters, a full suite of stainless appliances, and an island bar seating four. Masters include updated tile baths, plush bedding, smart TVs, and in-unit W/D. The open living area flows effortlessly to floor-to-ceiling windows and a furnished balcony (access resumes post-renos in spring 2026). High 9-ft ceilings and free Wi-Fi ensure minimal maintenance for maximum profits. The Shores of Panama Edge: Resort Royalty Secure your stake in PCB's premier beachfront haven, complete with a massive 14,000 sq ft lagoon-style pool, indoor/outdoor hot tubs, two tiki bars, and the lively Shoreline Bar & Grill for poolside bites and brews. Direct beach access, fitness center, game room, and on-site water sports keep guests hooked and your bookings rolling. Steps from Pier Park's shops and dining, it's a true rental magnet, enhanced by waived parking and virtual check-in for hassle-free management. Pro formas/comps available. Schedule your tour!
Property Features
Bedrooms
- Bedrooms: 2
- Bedroom 1 Dimensions: 12' x 10'
Other Rooms
- Total Rooms: 3
- Living Room Dimensions: 17.6' x 15.6'
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Primary Bathroom Dimensions: 14' x 12'
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central, Electric
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
- Road Surface Type: Paved
Pool and Spa
- Pool Features: ElectricHeat, Indoor, InGround, Community
- Spa Features: Community
Waterfront and Water Access
- Gulf
- ShorelineSand
- Waterfront
Garage and Parking
- Attached Garage: Yes
- Parking Features: Assigned, Attached, Deeded, Garage
Manufactured and Mobile Info
Land Info
- Lot Description: Waterfront, Paved
- Lot Size Dimensions: 0x0
Home Features
- View: Gulf
- Security Features: FireSprinklerSystem, TwentyFourHourSecurity, SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, Gazebo, Barbecue, PicnicArea
- Association Fee Includes: AssociationManagement, CableTv, FitnessFacility, Internet, LegalAccounting, MaintenanceGrounds, PestControl, Security, Trash, Water
School Information
- Elementary School: Breakfast Point
- High School: Arnold
- Middle School: Breakfast Point
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, BusinessCenter, Clubhouse, ConferenceMeetingRoom, Elevator, FitnessCenter, GameRoom, Gated, Pool, Sauna, StorageFacilities, Waterfront, ShortTermRentalAllowed
Other Property Info
- Source Listing Status: Active
- County: Bay
- Directions: From the Hathaway bridge head west on us-98, Use the right 3 lanes to turn slightly right to stay on US-98 w, turn slightly left onto FL-30 W/Front Beach Rd, turn left onto Thomas Dr, Turn right onto S Thomas Dr, 9900 S Thomas Dr.
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Shores Of Panama Phase I
- Parcel Number: 40000-675-185
- Postal City: Panama City Beach
- Property Location: Within 1/2 Mile to Water, Waterfront
- State Region: FL
- Subdivision: Shores Of Panama Phase I
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 2007
- Building Area Total: 1453
- Building Features: Dumpster
- Construction Materials: Concrete, Stucco
- Living Area Source: Appraiser
- Property Age: 18
- Roof: Flat
- Architectural Style: HighRise
Utilities
- Sewer: PublicSewer
- ElectricityAvailable
- HighSpeedInternetAvailable