2025 BOOKING INCOME of $56k | SAME LEVEL DEEDED PARKING This Type-N floor plan features 1 bedroom plus a bunk area with a barn door, 2 full bathrooms, in-unit laundry. The condo is fully furnished and turn-key, highlighted by new luxury floating LVP flooring, flat-screen TVs in all rooms, stainless steel appliances in the kitchen, and privacy curtains in the living room and bedroom. The seller self-manages the unit with rental income of $60,138 in 2024 and $55,998 in 2025. Enjoy breathtaking sunsets from the west-facing balcony, overlooking the turquoise Gulf waters and vibrant pool scene, and take in stunning sunrise views from the primary bedroom window on the east side of Panama City Beach. Shores of Panama Resort features the largest Gulf-front lagoon pool in Panama City Beach. This zero-entry tropical pool includes palm-lined islands, fountains, and a spacious hot tub, all set against resort guest exclusive beachfront access. Guests enjoy an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. Recent Panama City Beach attractions includes Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, and McGuire's Irish Pub, with Tootsie's Orchid Lounge scheduled to open in 2026, reinforcing the area's continued growth. The resort's prime location puts dining, shopping, and attractions within walking distance. Pineapple Willy's is right next door for beachfront dining, and Laketown Wharf, located across the street, offers multiple restaurant options, including The Wharf Buffet, Juan Taco, and LuLu's Bar & Resto. Covered parking, complimentary Wi-Fi, and on-site security enhance the guest experience, making Shores of Panama a sought-after destination for beachfront vacations. HOA fees are $3,147.62/quarter. All information and HOA fees are deemed accurate but should be verified by buyers if important.
Property Features
Other Rooms
- Total Rooms: 7
- Other Dimensions: 17.3' x 610'
- Other Level: First
- Other Features: Balcony
- Dimensions: 7.5' x 7.5'
- Level: First
- Living Room Dimensions: 17.8' x 13.8'
- Living Room Level: First
Appliances
- WasherDryerStacked
- ElectricOven
- ElectricRange
- ElectricWaterHeater
- Laundry Features: Stacked
Bedrooms
- Bedrooms: 1
- Primary Bedroom Dimensions: 13.8' x 11.3'
- Primary Bedroom Level: First
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom Dimensions: 10.6' x 5.7'
- Bathroom 1 Dimensions: 5.11' x 10.6'
- Primary Bathroom Level: First
- Bathroom 1 Level: First
Interior Features
- SmartThermostat
- Flooring: LuxuryVinylPlank
Heating and Cooling
- Cooling Features: CentralAir
- Heating Features: Central, Electric
- Heating: Yes
Kitchen and Dining
- Kitchen Dimensions: 10.6' x 12.4'
- Kitchen Level: First
Pool and Spa
- Pool Features: ElectricHeat, Indoor, InGround, Community
Manufactured and Mobile Info
Exterior and Lot Features
- Patio And Porch Features: Balcony
Garage and Parking
Land Info
- Lot Size Dimensions: CONDO
Home Features
- View: Gulf
- Security Features: FireSprinklerSystem, SecurityGate, TwentyFourHourSecurity, SecurityGuard
Homeowners Association
- Association: Yes
- Association Amenities: BeachRights, Barbecue
School Information
- Elementary School: Breakfast Point
- High School: Arnold
- Middle School: Breakfast Point
Multi-Unit Info
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Barbecue, Beach, BusinessCenter, Clubhouse, Elevator, FitnessCenter, Playground, Park, Pool, Shopping, Waterfront, CommunityPool, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 4013
- Source Listing Status: Active
- County: Bay
- Directions: Shores of Panama is located next to Pineapple Willy's across from Laketown Wharf, at the intersection of Front Beach Road and Thomas Dr
- 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 I
- Parcel Number: 40000-675-097
- Postal City: Panama City Beach
- 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: 936
- Living Area Source: Appraiser
- Property Age: 19
- Architectural Style: HighRise
Utilities
- Sewer: PublicSewer
- CableConnected
- ElectricityAvailable
- HighSpeedInternetAvailable