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9900 S Thomas Drive , Unit 431
Panama City, FL 32408

$635,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 3 full
Sq Feet Icon SQFT (H&C): 1,400
MLS Icon MLS# 797499

Over $57,000 in rental income in 2024 and right over $60,000 so far in 2026 with the rest of 2026 blocked for final exterior stucco work. YES! Special assessments are PAID IN FULL! This Gulf-front corner unit at Shores of Panama combines established rental history, sweeping coastal views, updated interiors, and convenient parking. Five features make this property stand out: GULF-FRONT CORNER LOCATION with a balcony wrapping around the front corner, panoramic views stretching east to west, AND a deeded parking space on the same level making arrivals, unloading, and beach getaways easier! Extensive resort amenities highlighted by the resort-style pool. Trendy yet simple coastal furnishings that create an inviting retreat. An updated kitchen, bathrooms, and flooring. Convenient access to shopping, local restaurants, and Panama City Beach attractions. Enjoy morning coffee overlooking the Gulf and unwind on the balcony after a day at the beach. Inside, refreshed finishes and inviting furnishings offer an appealing setting for vacation guests and personal getaways alike. Looking toward the next rental season? Closing before year-end offers the opportunity to establish management, prepare your rental calendar, and position the property for travelers making vacation plans in January for the 2027 season. With $61,000 in rental income already reported for 2026, special assessments paid in full, and deeded parking on the same level, this Gulf-front property deserves a closer look!

Property Features

MLS#: 797499
Zip: 32408
Subdivision: Shores Of Panama
Development: 0318 - Beach - Central South
Property Type: Residential - Condominium
Cooling: Central Air, Ceiling Fan(s)
Garage: 1
Home Style: High Rise
Taxes: $6,692
Year Built: 2007
SQFT (H&C): 1,400

Feature Descriptions

Appliances: Washer/Dryer Stacked, Electric Range
Association Amenities: Beach Rights, Gazebo
Community Features: Pool, Waterfront, Community Pool, Gated, Short Term Rental Allowed
Flooring: Plank, Vinyl
HOA Fee: $4707 Quarterly
Laundry: Stacked
Parcel#: 40000-675-051
Parking: Additional Parking
Parking Notes: Additional Parking
Patio/Porch: Balcony
Pool: Indoor, In Ground, Community
Security: Building Security, Fire Escape, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, Gated Community,24 Hour Security, Fire Alarm
Utilities: Phone Available
Waterfront: Gulf

Room Sizes

Bedroom: 12 X 15
Family Room: 17 X 17
Bedroom: 12 X 12

Local Schools

High School: Arnold
Middle School: Breakfast Point
Elementary School: Breakfast Point

9900 S Thomas Drive , Unit 431 | MLS# 797499

This condo located at 9900 S Thomas Drive , Unit 431, Panama City, FL 32408 is currently listed for sale with an asking price of $635,000. This property was built in 2007 and has 3 bedrooms and 3 full baths with 1400 sq. ft. S Thomas Drive , Unit 431 is located in the Shores Of Panama subdivision. Search Shores Of Panama real estate on mbossert.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Dalton Wade Inc

Shown By

Agent Name: Mary Jan "MJ" Bossert
Agent Phone: (850) 605-6052
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 11/06/2026. The listing information on this page last changed on 11/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 11/06/2026 9:00:17 AM EST) or Emerald Coast MLS (last updated Fri 11/06/2026 8:55:58 AM EST) or Central Panhandle Association of Realtors (last updated Fri 11/06/2026 8:36:26 AM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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