Shores Of Panama Phase I Homes under $400,000

Shores Of Panama Phase I Homes under $400,000

Welcome to the Shores of Panama Phase I, a hidden gem nestled along the stunning coastline of Bay County, Florida. This vibrant subdivision offers an exceptional blend of coastal living and modern convenience, making it an ideal destination for families, retirees, and anyone looking to embrace the Florida lifestyle.

Shores of Panama Phase I is renowned for its picturesque views and access to some of the most beautiful beaches in the state. Imagine waking up to the gentle sound of waves and enjoying your morning coffee with a backdrop of sparkling turquoise waters. The community is designed to foster a sense of belonging, featuring well-maintained amenities, lush landscaping, and friendly neighbors.

One of the most appealing aspects of Shores of Panama Phase I is the availability of homes priced under $400,000. This makes it an attractive option for first-time homebuyers or those seeking a vacation retreat without breaking the bank. Each home in this subdivision boasts unique architectural styles, spacious layouts, and modern finishes, ensuring that you can find the perfect space to suit your lifestyle.

In addition to its beautiful homes, Shores of Panama Phase I is conveniently located near shopping, dining, and entertainment options. Whether you're looking to explore local boutiques, indulge in fresh seafood at nearby restaurants, or enjoy a day of outdoor activities, this community has it all.

Experience the charm of the Shores of Panama Phase I, where affordable coastal living meets a vibrant community atmosphere. Your dream home awaits!

Newest Shores Of Panama Phase I Homes under $400,000

9900 S Thomas Drive Unit 1113, Panama City Beach
$328,900
1 Beds ⋅ 2 Baths ⋅ 797594 MLS
INCLUDES DEDICATED PARKING SPACE ON THE SAME FLOOR. ALL TILE THROUGHOUT!! This is the ''C'' plan that has 1bd + Bunkroom with 2 full bathrooms, with the double balcony. GULF-FRONT MASTER BEDROOM AND GULF-FRONT LIVING ROOM. Great views to the pool and the gulf. BALCONY REPAIRS HAVE ALREADY BEEN COMPLETED!

9900 S Thomas Drive Unit 1113, Panama City Beach

Listing courtesy of Pineapple Properties.

9900 S Thomas Drive Unit 317, Panama City Beach
$345,000
2 Beds ⋅ 2 Baths ⋅ 797258 MLS
LOW FLOOR | GULF-VIEW PRIMARY SUITE | POPULAR TYPE C FLOOR PLAN Shores of Panama Unit 317 in Panama City Beach features coastal-nautical décor, updated light fixtures, large flat-screen TVs, and tile flooring throughout. This well-maintained condo offers the popular Type C floor plan with a Gulf-front primary suite offering views of the Gulf, pool, and palms through its bedroom window, plus a private bunk room and 2 full bathrooms. Located on the 3rd floor, this unit offers lower-floor convenience, resort-style pool views, and reduced reliance on elevators compared with higher-floor units. The kitchen is equipped with granite countertops and Samsung appliances and opens to the living and dining areas. An accent wall behind the living room TV adds to the coastal styling. The full-width balcony, accessed from the living room, extends in front of the primary suite and provides outdoor living space overlooking the lagoon-style pool and Gulf. The unit also includes a full-size front-load washer and dryer and is being offered fully furnished and rental-ready. Additional features include a 2019 HVAC system and 2023 water heater. Shores of Panama Resort is known for its expansive Gulf-front lagoon pool, one of the largest in Panama City Beach. The resort-style pool area features zero-entry access, palm-lined islands, fountains, a spacious hot tub, and direct private beachfront access. Additional amenities include an indoor heated pool and hot tub, 24-hour fitness center, and seasonal poolside Tiki bar. Located in the heart of Panama City Beach, Shores of Panama places dining, shopping, and entertainment nearby. Pineapple Willy's is adjacent to the resort, and Laketown Wharf directly across the street offers additional dining, retail, and entertainment options. HOA dues are $3,491.71 per quarter. All information is deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 317, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 1513, Panama City Beach
$329,000
1 Beds ⋅ 2 Baths ⋅ 796701 MLS
Luxury Coastal Living with an Expansive 30-Foot Balcony! Welcome to Shores of Panama 1513, a fully furnished Type C floor plan perched on the 15th floor of the highly desirable Shores of Panama Resort in beautiful Panama City Beach, Florida. This beautifully appointed condo features one bedroom, a private bunk room, two full bathrooms, and comfortably accommodates up to six guests, making it a phenomenal vacation home or income-producing rental property. The Residence • Gulf-Front Primary Suite: Features a king-size bed, breathtaking Gulf views, a private ensuite bathroom, and a fully renovated vanity complete with a premium granite countertop, updated mirror, and modern lighting. • Private Bunk Room: Cleverly separated by a stylish barn door to maximize privacy, with easy access to the adjacent second full bathroom. • Premium Interior Details: Enjoy luxury vinyl plank flooring throughout, vibrant coastal-inspired décor, updated light fixtures, flat-screen televisions, and a modern kitchen with sleek granite countertops and abundant natural light. • Convenience: Includes a stacked full-size washer and dryer, an in-unit dehumidifier, and a highly coveted, deeded parking space located on the 9th floor.

9900 S Thomas Drive Unit 1513, Panama City Beach

Listing courtesy of The Travare Brokerage Firm.

9900 S Thomas Drive Unit 1806, Panama City Beach
$265,000
1 Baths ⋅ 796641 MLS
Gulf views, sugar-white sand, and a resort atmosphere set the stage for your next chapter at Shores of Panama Unit 1806! Located on the 18th floor, this coastal retreat offers an elevated perspective of Panama City Beach and a welcoming place to unwind, recharge, and enjoy life by the water. Whether you're searching for a personal beach getaway or exploring a vacation rental opportunity, this condo deserves a closer look. Begin your mornings with coffee on your private balcony as you take in the Gulf views and plan the day ahead. Spend the afternoon on the beach, cool off in the resort pool, or head out to explore the surrounding restaurants and attractions. When it's time to slow down, return to your own outdoor retreat and enjoy the coastal breeze. Inside, the living space provides a comfortable setting for relaxing after a day in the sun, sharing a meal, or settling in for a movie night. The kitchen features a refrigerator, stove, oven, and dishwasher, making it convenient to prepare everything from a quick breakfast before the beach to dinner at home. Having a kitchen of your own adds flexibility to every stay, whether you're visiting for a weekend or enjoying a longer coastal escape. The resort experience extends well beyond the condo. Shores of Panama features a lagoon-style outdoor pool surrounded by tropical landscaping, creating an inviting setting for afternoons spent poolside. An indoor pool, hot tub, and fitness center offer additional options for recreation and relaxation. With beach access right at the property, you can easily trade your poolside seat for a walk along the shoreline or a refreshing dip in the Gulf. The location puts dining, shopping, and entertainment within easy reach, with Pineapple Willy's next door and additional Panama City Beach attractions nearby. Enjoy a casual meal overlooking the beach, explore local shops, or fill your days with boating, fishing, and other coastal adventures. For buyers considering vacation rental ownership, Unit 1806 combines Gulf views, beachfront resort amenities, and a convenient location--features worth considering when evaluating a property for both personal enjoyment and guest stays. Make this your home base for beach weekends, seasonal escapes, and memorable days along Florida's coast. Schedule your private showing and experience Shores of Panama Unit 1806!

9900 S Thomas Drive Unit 1806, Panama City Beach

Listing courtesy of Palms to Pines Real Estate LLC.

9900 S Thomas Drive Unit 1805, Panama City Beach
$265,000
1 Baths ⋅ 795621 MLS
SHORES OF PANAMA STUDIO! DEEDED PARKING! FRESHLY UPDATED AND FULLY FURNISHED! This updated studio offers an excellent opportunity to own a furnished condo at one of Panama City Beach's most recognizable Gulf-front resorts. Located on the west side of the building, the balcony receives gentler morning sunlight and remains shaded from the more intense afternoon sun, creating a comfortable place to enjoy the coastal air later in the day. The interior has been refreshed with new paint throughout, including the ceilings, walls, baseboards, and cabinetry, while tile flooring extends throughout the entire unit. The combined living and sleeping space includes a king-size bed with matching side tables, a sofa, rocking chair, and a built-in pedestal-height granite table with swivel bar chairs. Nearly all of the furnishings are new, as are the kitchenware, microwave, and Smart TV. The table lamps include built-in charging ports and electrical outlets, while blackout curtains provide added comfort. The bathroom features a tub-and-shower combination, updated vanity mirror, and new vanity lighting. Other conveniences include a stackable washer and dryer and a wall-mounted air-conditioning unit replaced in 2024. The unit also conveys with a deeded parking space located on the ninth floor. Shores of Panama Resort is known for its expansive Gulf-front lagoon pool, one of the largest in Panama City Beach. The resort-style pool area features zero-entry access, palm-lined islands, fountains, a spacious hot tub, and direct beach access. Additional amenities include an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. Located in the heart of Panama City Beach, Shores of Panama places dining, shopping, and entertainment nearby. Pineapple Willy's is adjacent to the resort, while Laketown Wharf, directly across the street, offers additional dining, retail, and entertainment options, including Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots, The Press, The Bun Lab, 810 Billiards & Bowling, salon services, and more. Other Panama City Beach attractions and entertainment venues include Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are $1,820.93 per quarter. All information is deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 1805, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 1010, Panama City Beach
$300,000
1 Beds ⋅ 2 Baths ⋅ 795117 MLS
SAME-LEVEL LEASED PARKING. BUNK ROOM WITH A DOOR. FRESHLY PAINTED. Shores of Panama 1010 is a fully furnished, 10th-floor Type F floor plan featuring one bedroom, an enclosed bunk room, one full bathroom, and one half bathroom. Tile flooring extends throughout the unit. The bunk room includes a door for separation from the main living area, an uncommon feature within this stack. The kitchen features Ubatuba granite countertops, updated cabinet hardware, and a stackable washer and dryer. The primary bedroom includes a king-size bed, and flat-screen televisions are located in the primary bedroom, bunk room, and living room. The freshly painted interior is furnished for continued rental use. The leased parking space is located shortly after entering the 10th-floor parking level, providing covered, same-level access to the unit without changing floors. The corner balcony overlooks the lagoon-style pool and surrounding resort grounds. Additional equipment details include a 2015 water heater and the original HVAC system. Shores of Panama is a Gulf-Front resort centered around an expansive zero-entry lagoon-style pool with palm-lined islands, fountains, and a large outdoor hot tub. Additional amenities include private beach access, an indoor heated pool and hot tub, a 24-hour fitness center, a seasonal poolside Tiki bar, and covered parking. Located in the heart of Panama City Beach, Shores of Panama is adjacent to Pineapple Willy's and directly across from Laketown Wharf, offering nearby dining, shopping, and entertainment. Additional Panama City Beach attractions include Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are currently $3,507.11 per quarter. One special assessment installment remains in the amount of $1,218.04, due in the fourth quarter of 2026. All information is deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 1010, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 510, Panama City Beach
$290,000
1 Beds ⋅ 2 Baths ⋅ 795063 MLS
LOW FLOOR. LEASED PARKING SPACE. FRONT DOOR BY THE ELEVATOR. Shores of Panama 510 is a furnished, fifth-floor Type F floor plan in Panama City Beach featuring one bedroom, a bunk area, one full bathroom, and one half bathroom. The balcony offers views over the resort pool and out to the Gulf. The recently painted interior is decorated in a light coastal style and features tile flooring throughout. The kitchen includes granite countertops, stainless steel appliances, and a stackable washer and dryer. Near the entry, the bunk area provides additional sleeping accommodations, with the half bathroom conveniently located nearby. The primary bedroom includes a king-size bed and access to the full bathroom. The unit also has a leased parking space on the 6th floor (658), and the front door is positioned immediately near the elevator. Additional updates include a 2020 HVAC system and a 2019 water heater. Shores of Panama is a Gulf-front resort centered around an expansive zero-entry lagoon-style pool with palm-lined islands, fountains, and a large outdoor hot tub. Additional amenities include private beach access, an indoor heated pool and hot tub, a 24-hour fitness center, a seasonal poolside Tiki bar, and covered parking. Located in the heart of Panama City Beach, Shores of Panama is adjacent to Pineapple Willy's and directly across from Laketown Wharf, offering nearby dining, shopping, and entertainment. Additional Panama City Beach attractions include Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. HOA dues are currently $3,507.11 per quarter. One special assessment installment remains in the amount of $1,218.04, due in the fourth quarter of 2026. All information is deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 510, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 1318, Panama City
$349,900
2 Beds ⋅ 3 Baths ⋅ 794879 MLS
Welcome to Shores of Panama unit 1318 (J floor plan), one of the most popular vacation spots in all of Panama City Beach! Step into this RARE, gorgeous, modified 2 bedroom + bunk room, 2.5 bath unit PRICED TO SELL. With a Gulf facing primary suite, upgraded LVP flooring throughout all main areas with tile in the bathrooms! This unit was modified from the original plan with owners closet moved to the front entry to allow for more kitchen space as well as extended cabinets/countertops!! The laundry room was modified to allow for a full size washer and dryer. This unit includes an assigned 6th floor parking spot. This beautifully maintained 13th floor unit provides picturesque views of the Gulf of America as well as the massive lagoon style pool! On site - Fitness Center with sauna, massage therapy and steam room, Coffee House, Grand Lobby & Reception, trendy knick-knack store, and 24-Hour Courtesy Patrol. Situated in the heart of PCB, just steps away from the beach, top local restaurants, bars and shopping. Schedule your showing today!!!

9900 S Thomas Drive Unit 1318, Panama City

Listing courtesy of Keller Williams Success Realty.

9900 S Thomas Drive Unit 107, Panama City
$349,000
2 Beds ⋅ 3 Baths ⋅ 794014 MLS
LOWEST PRICED B FLOOR PLAN!! CLOSE TO THE POOL GATE ENTRANCE & GROUND LEVEL. Welcome to Shores of Panama unit #107, a ground floor condo with 2 Bedroom + Bunk, 3 Full Bath Gulf-front condo designed for both personal enjoyment and strong rental appeal. This highly desirable ''B'' floor plan offers views overlooking the lagoon-style pool and stretching down the breathtaking coastline of Panama City Beach. The condo conveys fully furnished and rental-ready, making it an effortless investment opportunity or turnkey beach retreat. This unit also includes one deeded parking space. The smart layout--with two true bedrooms, a bunk area, and three full bathrooms--maximizes occupancy and comfort, a key feature for vacation rentals. Shores of Panama is home to the largest Gulf-front lagoon pool in Panama City Beach, with its spectacular 14,000+ sq ft zero-entry lagoon pool with palm-lined islands, fountains, and expansive hot tub. tropical palm islands, fountains, and an oversized hot tub--all just steps from exclusive beachfront access. Owners and guests also enjoy: Indoor heated pool and hot tub, 24-hour fitness center, Seasonal poolside Tiki bar, Covered parking, and On-site security. The location is unbeatable--walk next door to Pineapple Willy's for beachfront dining or cross the street to Laketown Wharf for multiple dining options including The Wharf Buffet, Juan Taco, and LuLu's Bar & Restaurant. Shopping, entertainment, and attractions are all within easy reach. If you're looking for a well-positioned Gulf-front condo with proven rental appeal and unbeatable amenities--this is a standout opportunity. With exterior renovations scheduled to enhance curb appeal and long-term value, this is a strategic opportunity to secure this wonderful gulf front condo--ideal as a personal retreat, income powerhouse, or both. All information and HOA details are believed accurate but should be verified by buyers if important.

9900 S Thomas Drive Unit 107, Panama City

Listing courtesy of Christies International Real Estate Emerald Coast.

9900 S Thomas Drive Unit 2305, Panama City Beach
$289,000
1 Baths ⋅ 794007 MLS
Own at the Shores of Panama with this highly sought-after ''G'' stack Gulf-view studio condo, a prime penthouse level TOP FLOOR location offering breathtaking, unobstructed views of the emerald waters and sugar-white sand. Wake each morning to panoramic Gulf views and step onto your private balcony overlooking the shoreline. The condo conveys fully furnished and rental-ready, making it an effortless investment opportunity or turnkey beach retreat. This unit also includes one deeded parking space. Shores of Panama is home to the largest Gulf-front lagoon pool in Panama City Beach, with its spectacular 14,000+ sq ft zero-entry lagoon pool with palm-lined islands, fountains, and expansive hot tub. tropical palm islands, fountains, and an oversized hot tub--all just steps from exclusive beachfront access. Owners and guests also enjoy: Indoor heated pool and hot tub, 24-hour fitness center, Seasonal poolside Tiki bar, Covered parking, and On-site security. The location is unbeatable--walk next door to Pineapple Willy's for beachfront dining or cross the street to Laketown Wharf for multiple dining options including The Wharf Buffet, Juan Taco, and LuLu's Bar & Restaurant. Shopping, entertainment, and attractions are all within easy reach. If you're looking for a well-positioned Gulf-front condo with proven rental appeal and unbeatable amenities--this is a standout opportunity. With exterior renovations scheduled to enhance curb appeal and long-term value, this is a strategic opportunity to secure this wonderful gulf front studio condo, ideal as a personal retreat, income powerhouse, or both. All information and HOA details are believed accurate but should be verified by buyers if important.

9900 S Thomas Drive Unit 2305, Panama City Beach

Listing courtesy of Christies International Real Estate Emerald Coast.

9900 S Thomas Drive Unit 2213, Panama City Beach
$320,000
2 Beds ⋅ 2 Baths ⋅ 793121 MLS
HIGH FLOOR. GULF-FRONT PRIMARY SUITE. 30-FOOT BALCONY. Shores of Panama 2213 is a furnished Type C floor plan on the 22nd floor of Shores of Panama Resort in Panama City Beach, Florida, featuring one bedroom, a private bunk room, two full bathrooms, and accommodations for up to six guests. The Gulf-front primary suite includes a king-size bed, Gulf views, a private ensuite bathroom, and a renovated vanity with a granite countertop, updated mirror, and updated lighting. A barn door provides separation and privacy for the bunk room, while the adjacent full bathroom includes a stackable washer and dryer and a dehumidifier. The interior features luxury vinyl plank flooring throughout, coastal-inspired décor, updated light fixtures, flat-screen televisions, granite kitchen countertops, and abundant natural light. The oversized balcony extends more than 30 feet across the unit, providing elevated views of the Gulf, the resort's lagoon-style pool, and the surrounding coastline. The property generated $36,171 in gross rental income during 2025. Gross rental income for 2026 totaled $24,330 through June, excluding July, with the current pace positioned to meet or exceed the prior year despite owner use. Rental figures are provided for reference only and are not a guarantee of future performance. The HVAC system was installed in 2017, and the water heater was installed in 2018. This unit does not include a deeded parking space. Overflow parking is available throughout the resort parking garage, subject to resort rules and availability. Shores of Panama Resort features a large Gulf-front lagoon-style pool with zero-entry access, palm-lined islands, fountains, and a spacious hot tub. Additional amenities include resort-exclusive beachfront access, an indoor heated pool and hot tub, a 24-hour fitness center, a seasonal poolside Tiki bar, covered parking, complimentary Wi-Fi, and on-site security. Pineapple Willy's is adjacent to the resort, while Laketown Wharf across the street offers dining, retail, and entertainment options. Additional Panama City Beach attractions include Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. Quarterly HOA dues are currently $3,491.71. All information, measurements, rental figures, availability, and HOA fees are deemed reliable but not guaranteed; buyer to verify if important.

9900 S Thomas Drive Unit 2213, Panama City Beach

Listing courtesy of Coldwell Banker Realty.

9900 S Thomas Drive Unit 1918, Panama City Beach
$359,000
2 Beds ⋅ 3 Baths ⋅ 788209 MLS
Resort Living in Panama City Beach! The Shores of Panama offers an unmatched collection of amenities including 500 feet of direct beachfront, a stunning 14,000 sq ft zero-entry lagoon-style pool, Gulf-side hot tub, heated indoor pool and spa, state-of-the-art fitness center, and two full-service on-site bars and dining options, creating an elevated vacation experience that keeps guests coming back year. This Gulf-front 2-bedroom, 2.5-bath condo delivers stunning panoramic views of the emerald waters and sugar-white sand, an instant draw for vacationers and a proven income producer. Offered fully furnished and turnkey, this investment-ready property features an open-concept layout, spacious bedrooms with en-suite baths, and an additional half bath for guests, maximizing comfort and rental appeal. The private balcony showcases sweeping Gulf views, creating the ultimate coastal experience guests are searching for. Located in the heart of Panama City Beach, this condo is walking distance to top attractions, dining, and entertainment, making it a top choice for short-term rentals year-round. Strong rental potential and actual numbers, unbeatable amenities, and views that sell themselves, this is the beach investment you've been waiting for.

9900 S Thomas Drive Unit 1918, Panama City Beach

Listing courtesy of Corcoran Reverie.

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