Gulf-front studio condo. This unit includes a parking space right outside the condo. Offering exceptional views and strong actual rental income. 2025 Rental Income: $26,834.36 (Verified /Actual income) - Managed by Vacasa, But the owner does some VRBO. This well-appointed unit features a full kitchen with granite countertops, ample cabinetry, and generous workspace for meal preparation. The interior includes 8-foot ceilings and the convenience of an in-unit washer and dryer. The bathroom is thoughtfully designed with a tub/shower combination and a dedicated vanity area, providing both function and comfort. Enjoy stunning Gulf views from the private balcony overlooking the lagoon-style pool and on-site dining area, perfect for taking in the coastal atmosphere. The resort-style community amenities are extensive and include an 18,000+ square foot lagoon-style pool with tropical landscaping, bridges, fountains, and recreational features, a large heated indoor pool, indoor spa tubs, two tiki bars, a fitness center, on-site eateries, a coffee shop, 24-hour security, and gated entry. Ideally located in the heart of the strip, this property is directly across from Walmart and adjacent to the world-famous Pineapple Willy's, offering unmatched convenience and walkability. Studio units in this community are highly desirable investments due to low HOA fees, low maintenance requirements, and excellent year-round rental demand.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 1
- Studio Level: First
- Studio Description: All Measurements are approximate, Buyer to verify.
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Appliances
- ElectricCooktop
- ElectricWaterHeater
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central
- Heating: Yes
- Ceiling Fans: Yes
Pool and Spa
- Pool Features: InGround, Community
- Spa Features: Community
Waterfront and Water Access
- ShorelineSand
- ShorelineNatural
Manufactured and Mobile Info
Land Info
- Lot Description: Paved
- Lot Size Dimensions: 0x0
Exterior and Lot Features
- Road Frontage Type: CityStreet
- Road Responsibility: PublicMaintainedRoad
Garage and Parking
- Garage Spaces: 1
- Parking Features: AdditionalParking, Gated
Home Features
- View: Gulf, Water
- Security Features: BuildingSecurity, ClosedCircuitCameras, FireSprinklerSystem, TwentyFourHourSecurity, KeyCardEntry, SmokeDetectors
Homeowners Association
- Association: Yes
- Association Amenities: Gazebo, Barbecue, PicnicArea
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, Beach, FitnessCenter, Park, Pool, Shopping, Waterfront, CommunityPool, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 3090
- Source Listing Status: Active
- County: Bay
- Directions: From Front Beach Rd., turn onto S. Thomas Dr. The Shores of Panama is on your right.
- Tax Year: 2025
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0320 - Beach - Middle Central
- Source Neighborhood: Shores Of Panama
- Parcel Number: 40000-650-399
- Postal City: Panama City
- State Region: FL
- Subdivision: Shores Of Panama
- Zoning Description: Resid Multi-Family
- Property Subtype: Condominium
Building and Construction
- Year Built: 2007
- Building Area Total: 473
- Living Area Source: Appraiser
- Property Age: 19
- Architectural Style: HighRise
Utilities