$615,000
Panama City Beach, FL 32407
MLS# 766909
3 beds | 3 baths | 1416 sqft
1 / 67
Property Description
The ''01'' stack is considered the premiere unit stack at the ''popular over-performing'' Shores of Panama Resort. It is without a doubt, the most special location at Shores of Panama. It's hard to find a good investment now - Investors should take note. Reasons this floorplan and Shores are the best investment: You won't find another western coastline view for your sunsets than this wrap-around balcony. Views like this are hard to come by. This condo floorplan and location take you away from all of the busy buzz of a large resort. It's on the quite west-end of Shores of Panama (closest to its' quite neighbor Long Beach). Absent of Laketown Wharf , Pineapple Willys and Watersports rental traffic & disturbance. It's just pure serenity and escape ~ the reasons you came to the beach! It's closest to the parking garage. By the way has a dedicated parking space. It's a true 3 true large bedroom (3 true full baths). Every year families pour into Shores of Panama due to its unbeatable location and amenities. These units perform and can easily gross over $95k-$125k. 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 superior 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. Easy to Show
Details
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Contract Info
Status: Active
List Date: 2025-01-07
List Price: $615,000
List Price/SqFt: 434.32
Current Price: $615,000
Location
Area: 03 - Bay County - Beach
Street #: 9900
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: 1801
State: FL
Zip Code: 32407
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: Shores Of Panama
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 40000-650-304
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Bay
Directions: Next to Pineapple Willys. Intersection of Thomas and Front Beach
Legal Description: SHORES OF PANAMA PHASE I UNIT 1801 TYPE D ORB 2940 P 2252 ORB 3867 P 559 18TH FLOOR 3BD/3BR . 1416 SQ FT ORB 3867 P 561 PARKING 624
General Property Info
Sub-Type: Condominium
Floor Number: 18
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1416
SqFt Source: Prop App Site
Bedrooms: 3
Full Baths: 3
Total Baths: 3
# of Stories in Building: 23
# of Units in Bldg: 710
Year Built: 2007
Immediate Occupancy: Yes
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Assigned Spaces: 1
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community
Property Features
Appliances: Cooktop - Electric; Microwave; Range - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Master Bedroom: First
Bedroom: First
Cooling: Electric
Heating: Electric
Exterior: Balcony; Deck Covered
Association Fees Include: Accounting; BBQ Pit/Grill; Beach; TV Cable; Exercise Room; Gated Community; Insurance; Internet-WiFi; Ground Keeping; Pest Control; Picnic Area; Pool; Recreational Faclty; Security; Sewer; Whirlpool; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Interior: Floor - Carpet
Kitchen: First
Dining Room: First
Pool Features: Inground; Indoor; Spa/ Hot Tub
Security Features: 24 Hour Security; Building Security; Gated Community; Gated with Guard; Security Guard; Security Lights; Security Service; Security System
Parking Features: Assigned; Garage Attached
Association Amenities: BBQ Pit/Grill; Beach; Boardwalk; Dining; Dumpster; Elevators; Exercise Room; Gated Community; Conference Center; Picnic Area; Pool; Security-24 hour; Whirlpool; Waterfront
Rooms: Bedroom; Dining Room; Kitchen; Master Bedroom
Sale Type: As Is
Utilities: TV Cable; Garbage; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Gulf
Waterfront Feature: Shore - Beach
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions |
| Master Bedroom | First | 15 x 12 | 15.00 | 12.00 | 15 x 12 |
| Bedroom | First | 13 x 11 | 13.00 | 11.00 | 13 x 11 |
| Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 |
| Dining Room | First | 22 x 14 | 22.00 | 14.00 | 22 x 14 |
| Kitchen | First | 11 x 10 | 11.00 | 10.00 | 11 x 10 |
Listing Office: Emerald Coast Real Estate & Vacations LLC
Last Updated: May - 30 - 2025
Information deemed reliable but not guaranteed.