$499,000

9900 S Thomas Dr Unit 407 Panama City Beach, FL 32408

$5,926
Closing credit¹
2 beds
3 full
1,148 sqft
$435 / sqft
Condo

Property details

About 9900 S Thomas Dr Unit 407

Low Floor 407, has 3 full baths, and renters love it for that reason. 2 Bedroom, plus bunkroom feels like a 3 bedroom. (Sleeps 8) Parking is a vertical space so close to unit and on same floor. No elevator hassles. Shores is a rental monster and this floorplan does not disappoint! Same seller has 409 for sale too which would be great to buy them and rent them to friends and family who want to stay together. Shores of Panama is one of the best ROI's on the beach, and when you have a low floor at Shores, with same floor parking - you are Golden! This particular parking space, is very close to the unit, and has a little extra space on the side of it. Currently, Shores of Panama is undergoing a major exterior facelift, and will be so beautiful when complete, which will put your investment well ahead of the others in PCB. The new Florida Condo Requirements are fast approaching for other resorts in town, and Shores of Panama will be complete, ahead of the game, and ready to capitalize maximum profit. Once Shores facelift is complete, there will be no stopping it. It will be the premier place to be in PCB. The price tag on a beachfront low floor unit like this will never be again. Don't miss this opportunity to capitalize on a ''buy now price''. Adding this to your portfolio will ensure years of ROI success. Rentals will continue strong during construction. Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive lazy river style gulf-side pool and hot-tub, tiki bars, food bars, indoor pool, garage parking, and a fitness center. Stucco Construction is complete on this unit, so it's ready for summer rental .

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size1,148 sqft
Year built2007
ParkingAssigned, Attached, Garage, Gated
MLS #769793
Attached garageYes
WaterfrontGulf
ViewGulf

Summary

  • MLS Number: 769793
  • MLS Name: BCAR
  • Office Name: Emerald Coast Real Estate & Vacations LLC

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange program of Central Panhandle Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Properties subject to prior sale, change, withdrawal or rental. Copyright© 2025 Central Panhandle Association of REALTORS.© All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 9:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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pool with a water view and a patio

$499,000

9900 S Thomas Dr Unit 407

$5,926

closing credit¹

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Price information

Property sales

DateEventPrice
Mar 15, 2018
Home Sold
$271,000
Jun 11, 2014
Home Sold
$224,000
Sep 06, 2007
Home Sold
$322,900

Tax history

YearAssessmentProperty Tax
2023$441,915$4,691
2022$297,500$3,424
2021$238,000$3,424

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

2.4 mi

7400 Patronis Dr

7

Hutchison Beach Elementary School

Public District KG-5

2.5 mi

12900 Hutchison Blvd

5

Lucille Moore Elementary School

Public District PK-5

5.8 mi

1900 Michigan Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,561. The majority of Panama City Beach, FL residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
6%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

60%
Single, No Kids
7%
Single, with Kids
23%
Married, No Kids
10%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
26%
18-34 yrs old
46%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Pro WrestlingPro Wrestling
  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Wal-MartWal-Mart
  • KmartKmart

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • FordFord
  • OldsmobileOldsmobile
  • BuickBuick

What do the neighbors listen to?

  • New CountryNew Country
  • Contemporary InspirationalContemporary Inspirational
  • OldiesOldies
All data provided by Home Junction and Claritas

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Frequently asked questions

About 9900 S Thomas Dr Unit 407

This home is located at 9900 S Thomas Dr Unit 407 in Panama City Beach, FL and zip code 32408. This 1,148 square foot home was built in 2007. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $499,000.

While more than 0 listings in Panama City Beach, FL in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 75 were sold below. The number of homes for sale in Panama City Beach, FL increased by 8.1% between January and February 2025. While the average time on the market in February 2025 was 120 days, the median list price was $449,377.

From Rocket Homes Real Estate and based on county public records data.

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