9900 South Thomas Drive, Unit 431

Panama City Beach, FL 32408

$675,000
Price
3
Beds
3
Baths
1,400 Sq. Ft.
$482 / Sq. Ft.
1,400
Sq. Ft.
$482
per Sq. Ft.

Description

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSCall your Panama City Beach, Florida Realtor and ask them to show you this wonderful high-yielding, 100% turn-key, 4th story vacation rental! This 3 bedroom, 3 bath condo has a beautiful wrap-around private patio with a beach-front view of the emerald waters and white sands of the Gulf of Mexico. A huge bonus is a designated parking space on the same floor in the parking garage! This spacious, freshly painted condo is being sold fully furnished,...CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERSCall your Panama City Beach, Florida Realtor and ask them to show you this wonderful high-yielding, 100% turn-key, 4th story vacation rental! This 3 bedroom, 3 bath condo has a beautiful wrap-around private patio with a beach-front view of the emerald waters and white sands of the Gulf of Mexico. A huge bonus is a designated parking space on the same floor in the parking garage! This spacious, freshly painted condo is being sold fully furnished, with high-end, solid wood furnishings, completely equipped and ready for your next vacation or short-term rental guest. This condo was fully renovated with new floors, countertops and paint in 2020. Brand new water heater in 2023! The building insurance is negotiated and included in the HOA fees, so you don't have to worry about that! The full-service resort known as Shores of Panama provides a host of luxury amenities, including a lagoon style pool, two tiki bars for on-site dining and drinks, and exhilarating water sports and beachfront activities. The resort's spectacular beachfront deck with a zero-entry, lagoon-style pool, a kids' play area, and a Jacuzzi to our heated indoor pool and accompanying indoor Jacuzzi provides plenty of opportunities to make a splash. Centrally located in Panama City Beach, it is directly next to Pineapple Willy's, one of the most popular pier-like beach front restaurants in Panama City Beach, Florida. Come see for yourself why this resort is one of the top destinations as a 2nd home or investment property. With proven success, this investment property can start yielding immediate income as it is already being managed by Real Joy Property Management with future reservations already in the books.
  1. Listed by Nicole Lane • EXP Realty LLC

Property Details for 9900 South Thomas Drive, Unit 431

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Gulf, Waterfront
Parking Features
Additional Parking, Garage
Subdivision Name
Shores Of Panama Phase II
View
Gulf
Zoning Description
Resort
View
Yes

Location

Listing Courtesy of EXP Realty LLC
Add your commute
LISTING UPDATED: 06/09/2024 02:24 PM

Property Details for 9900 South Thomas Drive, Unit 431

StatusUnder Contract - Taking Backups
MLS #750892
Days on Market81
Taxes$4,731 / year
HOA Fees$3,828 / quarter
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built2008
CountyBay County

Building

9900 S Thomas Dr

9 StoriesBuilt in 2008

Location

Listing Courtesy of EXP Realty LLC
Add your commute

Building Information for 9900 South Thomas Drive, Unit 431

Building/Complex9900 S Thomas DrFloor4Stories9Residences-Pet Policy-Year Built2008

Payment Calculator

$5,354 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,684

Property Taxes

$394

HOA Dues

$1,276

The Payment Calculator is for illustrative purposes only.

Property Information for 9900 South Thomas Drive, Unit 431

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From the East...Turn onto W 23rd St Merge onto US-98 W1.6 mi Use the right 3 lanes to turn slightly right to stay on US-98 W Pass by Taco Bell (on the right in 0.2 mi)0.4 mi Use the left 2 lanes to turn slightly left onto FL-30 W/Front Beach Rd2.6 mi Turn left onto S Thomas Dr.
  • Postal Code: 32408
  • Latitude: 30.175519
  • Longitude: -85.805732
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0318 - Beach - Central South
Taxes and HOA Information
  • Parcel Number: 40000-675-051
  • Association Fee: $3,827.88
  • Association Fee Frequency: Quarterly
  • Association Fee Includes: Internet, Maintenance Grounds, Pest Control, Phone, Sewer, Trash, Water
  • Association: Yes
  • Tax Annual Amount: $4,731.00
  • Tax Legal Description: SHORES OF PANAMA II UNIT 431 TYPE U ORB 2835 P 434 3BR 3BA ORB 4342 P 2055 1400 TOTAL SF ORB 4342 P 2056 PK SP #453
  • Tax Year: 2022
School Information
  • Elementary School: Breakfast Point
  • High School: Arnold
  • Middle Or Junior School: Breakfast Point
Parking
  • Garage Spaces: 1.0
  • Garage: Yes
Property
Lot Information
  • Lot Features: Waterfront
  • Lot Size Dimensions: Condo
  • Living Area: 1400.0
  • Living Area Source: Appraiser
Property and Assessments
  • Year Built: 2007
  • Human Modified: No
Utilities
  • Utilities: Electricity Connected, Phone Available
Interior and Exterior Features
Exterior Features
  • Exterior Features: Balcony
  • Pool Features: Community
  • Community Features: Other, Pool, See Remarks, Short Term Rental Allowed, Waterfront, Gated
  • Patio And Porch Features: Balcony
  • Security Features: Building Security, Fire Alarm, Fire Escape, Fire Sprinkler System, Gatedwith Guard, Secured Garage Parking, Gated Community, Item24Hour Security
  • Spa Features: Community
Interior Features
  • Entry Level: 4
  • Bathrooms Full: 3
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating: Yes
  • Heating: Central
  • Furnished: Furnished
  • Laundry Features: Stacked
  • Appliances: Washer Dryer Stacked, Dishwasher, Freezer, Ice Maker, Microwave, Refrigerator
  • Interior Features: Kitchen Island, New Paint, Pantry
Room Information
Room 1
  • Room Area: 180.0
  • Room Dimensions: 12 x 15
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 15.0
Room 2
  • Room Area: 255.0
  • Room Dimensions: 17 x 15
  • Room Length: 17.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 15.0
Room 3
  • Room Area: 144.0
  • Room Dimensions: 12 x 12
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 9900 South Thomas Drive, Unit 431

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 9900 South Thomas Drive, Unit 431

Taxable ValueLand-Additions-Total-
Tax Record2023$6,222 ($518 / month)
Home Facts
Beds3Total Finished SqFt1,400 SqFtAbove Grade Finished SqFt1,400 SqFtStyleCondominiumYear Built2007CountyBAYAPN40000-675-051

Schools near 9900 South Thomas Drive, Unit 431

This home is within Bay.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 12
Public - PK to 5
Charter - 6 to 12
Rating
School
Distance
Breakfast Point Academy
PublicPK to 8

J.R. Arnold High School
PublicPK to 12

St. Andrew School
PublicPK to 5

Palm Bay Preparatory Academy 6-12
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty LLC

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2024 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.