9900 S thomas Drive Unit 1522, Panama City Beach, FL 32408

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$520,000
List Price
$575,000
Status
CLOSED
Closing Date
Dec 01, 2025
MLS#
780328
Subtype
Residential
Style
High Rise
Year Built
2007
Bedrooms
2
Bathrooms
3
Full Baths
3
Subdivision
Shores Of Panama Phase I
Neighborhood
Beach - Central South
MLS Area Major
Bay County - Beach

Property Description

Investor Alert: Sky-High Rental Returns Await Includes assigned parking space #874—a rare, highly valuable perk for effortless guest access and resale boost. This turnkey powerhouse in the elite Type H stack of Shores of Panama—a 23-story Gulf-front icon—grosses up to $65K/year with strong seasonal bookings. Sleeps 10 in two masters (king/queen), bunk room, and sofa bed. Direct Gulf views from the oversized balcony deliver premium appeal. Enjoy 8-10% cap rates after $1,551/mo HOA (covers amenities/insurance). With exterior renos starting October 20, 2025, and wrapping by March 24, 2026, the resort's curb appeal and values are set to soar—just in time for peak-season boom. Fresh Updates for Seamless Rentals Fully investor-ready, this unit features granite kitchen counters, a full suite of stainless appliances, and an island bar seating four. Masters include updated tile baths, plush bedding, smart TVs, and in-unit W/D. The open living area flows effortlessly to floor-to-ceiling windows and a furnished balcony (access resumes post-renos in spring 2026). High 9-ft ceilings and free Wi-Fi ensure minimal maintenance for maximum profits. The Shores of Panama Edge: Resort Royalty Secure your stake in PCB's premier beachfront haven, complete with a massive 14,000 sq ft lagoon-style pool, indoor/outdoor hot tubs, two tiki bars, and the lively Shoreline Bar & Grill for poolside bites and brews. Direct beach access, fitness center, game room, and on-site water sports keep guests hooked and your bookings rolling. Steps from Pier Park's shops and dining, it's a true rental magnet, enhanced by waived parking and virtual check-in for hassle-free management. Pro formas/comps available. Schedule your tour!

Additional Information

Property Description
High Rise
Zoning
Resid Multi-Family
Heating
Central, Electric
Air Conditioning
Central Air
Exterior Construction
Concrete, Stucco
Roof
Flat
Elementary School
Breakfast Point
Middle School
Breakfast Point
High School
Arnold

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Think Real Estate. Selling Office: RIGHT NOW! Real Estate.