Shores of Panama offers resort-style beachfront living, and this 3BR/3BA penthouse is perfectly positioned to take full advantage of it. Located on the end of the U, this unit sits directly on the Gulf, providing sweeping, unobstructed beach and water views from an expansive wrap-around balcony - an ideal setting for enjoying stunning sunrise views over the coastline. Inside, the spacious layout is ideal for full-time living, a second home, or a high-performing rental. The kitchen is bright and attractive, opening to the living and dining areas and maximizing both functionality and natural light. 3 bedrooms and 3 full baths allow for comfortable accommodations and strong rental appeal, while the penthouse level offers added privacy and an elevated vantage point. This unit also conveys with a dedicated parking space and private storage closet, a valuable bonus within Shores of Panama. Owners and guests enjoy direct beach access and a full suite of amenities including a lagoon-style Gulf-front pool, hot tubs, fitness center, and on-site dining. The location is hard to beat - just steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, and entertainment. A Shores of Panama 3BR penthouse like this typically produces $80K-$90K annually, with upside into the $100K range if optimized. This is a rare opportunity to own a penthouse, beachfront 3BR with wrap-around balcony in one of Panama City Beach's most iconic resorts.
Property Features
Bedrooms
- Bedrooms: 3
- Primary Bedroom Dimensions: 14' x 12'
- Bedroom 1 Dimensions: 14' x 11'
- Bedroom 2 Dimensions: 12' x 12'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
- Bedroom 2 Level: First
- Primary Bedroom Description: Buyer to verify
- Bedroom 1 Description: Buyer to verify
- Bedroom 2 Description: Buyer to verify
Other Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Appliances
- ElectricRange
- ElectricWaterHeater
Pool and Spa
- Pool Features: Community
- Spa Features: Community
Manufactured and Mobile Info
Exterior and Lot Features
- Patio And Porch Features: Balcony
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, GameRoom, Gazebo
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, Elevator, FitnessCenter, GameRoom, Pool, StorageFacilities, Waterfront, CommunityPool, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 6693
- Source Listing Status: Active
- County: Bay
- Directions: Traveling east on Front Beach Road, turn right on Thomas Drive and the building is at first curve in road on right.
- Tax Year: 2025
- 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 II
- Parcel Number: 40000-675-298
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Shores Of Panama Phase II
- Property Subtype: Condominium
Building and Construction
- Year Built: 2007
- Building Area Total: 1400
- Building Features: Dumpster
- Living Area Source: Plans
- Property Age: 19
- Architectural Style: HighRise
Home Features
- Security Features: BuildingSecurity, TwentyFourHourSecurity, SecurityService