$375,000

9900 S Thomas Dr Unit 409 Panama City Beach, FL 32408

$4,453
Closing credit¹
1 bed
2 full
864 sqft
$434 / sqft
Condo

Property details

About 9900 S Thomas Dr Unit 409

409! Low Floor Alert! w/ Same Floor designated parking! Beach front condo with great revenue potential. Low floors are golden ROI at Shores of Panama.Parking is literally right around the corner from front door. You are just steps from parking to door~ No Elevators! Spectacular View of the Gulf and Pool! - Sleeps 6. If you are familiar with Shores of Panama - You know its a Rental Machine and Summer 2025 is booking now! Stucco Renovations complete on this particular unit. 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. Side note: Seller is also selling 407, would be great to buy them both and rent to family and friends that want to be close together.

Highlights

Home typeCondominium
HeatingCentral, Electric
StatusActive
CoolingCentral Air, Electric
Size864 sqft
Year built2007
ParkingAssigned
MLS #769791
WaterfrontGulf
ViewGulf

Summary

  • MLS Number: 769791
  • 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, 8:20:53 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 featuring a water view

$375,000

9900 S Thomas Dr Unit 409

$4,453

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 16, 2018
Home Sold
$205,000
Apr 30, 2012
Home Sold
$11,817,000

Tax history

YearAssessmentProperty Tax
2023$350,625$3,718
2022$224,825$2,670
2021$191,250$2,670

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. Most Panama City Beach, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most 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 409

This home is located at 9900 S Thomas Dr Unit 409 in Panama City Beach, FL and zip code 32408. This 864 square foot home was built in 2007. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $375,000.

In February 2025 more than 0 listings in Panama City Beach, FL were sold above the asking price. During the same period more than 11 listings were sold at asking price, while more than 75 were sold below. Between January and February 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 8.1%. 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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