$7,719

closing credit¹

9900 S Thomas Dr Unit 431 Panama City Beach, FL 32408

$650,000
3 beds
3 full
1,400 sqft
$464 / sqft
Condo

Property details

About 9900 S Thomas Dr Unit 431

**Investor's Dream: Turn-Key 4th Story Vacation Rental in Shores of Panama** GROSSED just over 65k in 2024 with 42 nights already on the books for 2025 Unlock the potential of high-yield returns with this stunning 3-bedroom, 3-bath condo, perfectly situated on the 4th story with same level parking of the esteemed Shores of Panama. With a captivating wrap-around private patio showcasing breathtaking beachfront views of the emerald waters and white sands of the Gulf of Mexico, this property is not just a home--it's a lucrative investment opportunity! **Key Features:** - **Fully Furnished & Ready to Rent:** This spacious condo is fresh from renovations (2020), boasting new flooring, countertops, and a fresh coat of paint. Enjoy the full furnished beautifully decorated unit with solid wood furnishings throughout, making it ready for vacationers or short-term rental guests from day one. - **Designated Parking:** Convenience is key with a dedicated parking space located on the same floor as the condo, eliminating the hassle of searching for parking. - **Recent Upgrades:** All new Smart TVs throughout. Front loader water dryer.A brand new water heater (2023) ensures reliability for your guests, promising uninterrupted comfort throughout their stay. - **Inclusive HOA Fees:** Building insurance is seamlessly managed within the HOA fees, providing peace of mind without added financial worry. Seller is paying special assessments with accepted offer.**Amenities:** Experience unparalleled luxury at the Shores of Panama, where resort-style living takes center stage. Enjoy: - A stunning lagoon-style pool with a zero-entry design - Two tiki bars for on-site dining and refreshing beverages - A kids' play area for family-friendly fun - Heated indoor pool and accompanying Jacuzzi for year-round enjoyment - Close proximity to Pineapple Willy's, a beloved beachfront restaurant **Prime Location:** Centrally located in Panama City Beach, this condo offers direct access to local attractions, beach activities, and water sports, making it an ideal second home or investment property. **Immediate Income Potential:** Managed by Real Joy Property Management, this property comes with a track record of success and future reservations already in place. Start seeing immediate returns on your investment! Don't miss this incredible opportunity to own a piece of paradise that combines luxury living with solid investment potential. Schedule your viewing today and discover why Shores of Panama is a top destination for both vacationers and savvy investors.

Highlights

Home typeCondominium
StatusActive
CoolingCentral Air
Size1,400 sqft
Year built2007
ParkingAdditional Parking, Attached, Garage
MLS #763392
Attached garage1 space
WaterfrontGulf, Waterfront

Summary

  • MLS Number: 763392
  • MLS Name: BCAR
  • Office Name: Dalton Wade Inc

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: 2/7/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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dining space with ceiling fan, light hardwood / wood-style flooring, a water view, and a healthy amount of sunlight

$650,000

9900 S Thomas Dr Unit 431

$7,719

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jul 17, 2024
Home Sold
$600,000
Dec 28, 2020
Home Sold
$390,000
Apr 30, 2012
Home Sold
$10,804,100

Tax history

YearAssessmentProperty Tax
2023$615,154$6,221
2022$473,195$4,730
2021$298,350$4,730

History based on county public records data.

Nearby schools

7

Patronis Elementary School

Public District KG-5

2.4 mi

7400 Patronis Dr

5

Hutchison Beach Elementary School

Public District KG-5

2.5 mi

12900 Hutchison Blvd

3

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. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

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 431

This home is located at 9900 S Thomas Dr Unit 431 in Panama City Beach, FL and zip code 32408. This 1,400 square foot home was built in 2007. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 3, 2024 and is currently priced at $650,000.

Panama City Beach, FL housing market in January 2025 saw over 3 listings sold above listed price, more than 10 sold at listed price and over 69 sold below. Between December and January 2025, Panama City Beach, FL real estate market has seen increase in the number of listings by 6.9%. In January 2025 median list price was $450,216 and the average listing age was 101 days.

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

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