READY TO SELL NOW! HUGE PRICE DROP - NOW $399,900! (Previously $449,900) LOW FLOOR - CENTER STACK - GULF-FRONT MASTER BEDROOM - MOST POPULAR 2BR + BUNK PLAN This is one of the BEST values at Shores of Panama right now! Located on the highly desired 4th floor, this premier 2BR + Bunk condo offers the perfect elevation for easy access, straight-on views of the lagoon pool and Gulf, and your own reserved 4th-floor parking space just steps from your door. Beautifully updated and TurnKey Rental Ready, this condo features: - All-tile flooring throughout - New furnishings (2024) - Stainless steel appliances - Full-size washer & dryer - Fresh decor and kitchen amenities The Gulf-front master bedroom opens directly to the balcony-an upgrade most floorplans do not offer. The large ensuite bath includes a double vanity, walk-in closet, soaking tub, and separate shower. The bunk room has natural light, a privacy door, and easy access to the second full bathroom, making this one of the highest-demand layouts for both families and investors. Professionally managed by Azure Properties, this condo enjoys excellent rental performance with an average guest review rating of 4.9 stars across booking platforms. Shores of Panama amenities include: - Iconic 14,000 sq ft lagoon-style Gulf-front pool - Two hot tubs - Indoor heated pool - Beachfront tiki bars - Large fitness center - Banquet/conference room - Coffee/donut shop - 500+ ft of sugar-white beach - Onsite bike/locker rentals - 24/7 onsite security Perfectly located next to Pineapple Willy's, Waffle House, The Wharf Buffet, and a short walk to Super Walmart and multiple shops & restaurants. This price point is RARE for a low-floor Gulf-front master unit-don't miss it! Buyer to verify all information important to them including square footage, room dimensions, COA dues/assessments, and taxes.
Property Features
Bedrooms
- Bedrooms: 2
- Primary Bedroom Dimensions: 13' x 11'
- Bedroom 1 Dimensions: 11' x 10'
- Primary Bedroom Level: First
- Bedroom 1 Level: First
- Primary Bedroom Description: Ensuite Full Bathtub/Shower Combo
- Bedroom 1 Description: Ensuite Full Bath Walk-in shower
Other Rooms
- Total Rooms: 3
- Dimensions: 9' x 7'
- Level: First
- Description: Ensuite 1/2 bath
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- 1/2 Bathrooms: 1
Appliances
Exterior and Lot Features
- Barbecue
- Patio And Porch Features: Balcony
- Road Frontage Type: CityStreet
- Road Responsibility: PublicMaintainedRoad
Pool and Spa
Waterfront and Water Access
Manufactured and Mobile Info
Garage and Parking
- Garage Spaces: 2
- Parking Features: Gated
Land Info
Home Features
- View: Gulf
- Security Features: SecurityService
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, Barbecue, Sauna
School Information
- Elementary School: Breakfast Point
- High School: Arnold
- Middle School: Surfside
Multi-Unit Info
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Beach, Elevator, FitnessCenter, Park, Pool, Sauna, Shopping, Waterfront, Barbecue, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 5050
- Source Listing Status: Active
- County: Bay
- Directions: Shores of Panama is located at the intersection of Front Beach Road and Thomas Dr., close to Walmart. It is across from Laketown Wharf and next to Pineapple Willy's Restaurant.
- Tax Year: 2024
- 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
- Parcel Number: 40000-650-069
- 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: 1066
- Building Features: Dumpster
- Living Area Source: Plans
- Property Age: 18
- Architectural Style: HighRise
Utilities