$480,000
Panama City Beach, FL 32408
MLS# 779366
2 beds | 3 baths | 1148 sqft
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Property Description
Low Floor 407, has 3 full baths, and renters love it for that reason. 2 Bedroom, plus bunkroom feels like a 3 bedroom. (Sleeps 8) Parking is a vertical space so close to unit and on same floor. No elevator hassles. Shores is a rental monster and this floorplan does not disappoint! Same seller has 409 for sale too which would be great to buy them and rent them to friends and family who want to stay together. Shores of Panama is one of the best ROI's on the beach, and when you have a low floor at Shores, with same floor parking - you are Golden! This particular parking space, is very close to the unit, and has a little extra space on the side of it. 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. Stucco Construction is complete on this unit, so it's ready for summer rental .
Details
Maps
Contract Info
Status: Active
List Date: 2025-09-22
List Price: $480,000
List Price/SqFt: 418.12
Current Price: $480,000
Location
Area: 03 - Bay County - Beach
Street #: 9900
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: 407
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0320 - Beach - Middle Central
Subdivision: Shores Of Panama
Community/Resort: None
Waterfront: Yes
Gulf Access: No
Parcel ID: 40000-650-058
Elementary School: Callaway
Middle School: Breakfast Point
High School: Arnold
Directions: Thomas Drive and Front Beach Rd
Legal Description: SHORES OF PANAMA PHASE I UNIT 407 TYPE B(L) ORB 2740 P 2252 4TH FLOOR 2BD/3BR ORB 4162 P 429 1148 SQ FT ORB 4162 P 435 PARKING 402
General Property Info
Sub-Type: Condominium
Floor Number: 4
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1148
SqFt Source: Prop App Site
Bedrooms: 2
Full Baths: 3
Total Baths: 3
# of Stories in Building: 23
# of Units in Bldg: 710
Year Built: 2007
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Assigned Spaces: 1
Lot Dimensions: 0x0
Beach Frontage: 500
Pool: Yes
Pool Type: Community
Property Features
Accessibility Features: Accessible Bedroom; Accessible Central Living Area; Accessible Kitchen
Appliances: Dishwasher; Disposal; Dryer; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Master Bedroom: First
Bedroom: First
Cooling: Central Air; Electric
Heating: Central; Electric
Exterior: Balcony
Association Fees Include: Accounting; BBQ Pit/Grill; Beach; TV Cable; Exercise Room; Insurance; Internet-WiFi; Ground Keeping; Management; Conference Center; Pest Control; Picnic Area; Pool; Sauna/Steam Room; Security; Sewer; Trash Disposal; Water
Financing: Cash; Conventional
Furnished: Furnished
Balcony: First
Bunk Room: First
Master Bathroom: First
Pool Features: Inground; Spa/ Hot Tub
Security Features: Fire Alarm; Smoke Detector(s)
Parking Features: Assigned; Garage Attached; Gated
Association Amenities: BBQ Pit/Grill; Beach; Community Room; Conference Center; Picnic Area; Pool; Sauna/Steam Room; Security-24 hour; Other - See Remarks
Rooms: Balcony; Bedroom; Bunk Room; Full Bathroom; Half Bathroom; Master Bathroom; Master Bedroom
Sale Type: As Is
Utilities: Electricity - Connected; Public Sewer - Connected; Other - See Remarks
Waterfront Type: Gulf
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Dimensions | Remarks |
| Master Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 | Sliding glass door, Master Bathroom has garden tub |
| Bedroom | First | 12 x 11 | 12.00 | 11.00 | 12 x 11 | All Tile, Big Bathroom inside 2nd bedroom |
| Bunk Room | First | 10 x 8 | 10.00 | 8.00 | 10 x 8 | Bunkroom is huge! Double bunk with single on top, |
| Master Bathroom | First | 13 x 7 | 13.00 | 7.00 | 13 x 7 | double vanity |
| Full Bathroom | 10 x 9 | 10.00 | 9.00 | 10 x 9 | ||
| Half Bathroom | 7 x 4 | 7.00 | 4.00 | 7 x 4 | ||
| Balcony | First | 14 x 8 | 14.00 | 8.00 | 14 x 8 |
Listing Office: Emerald Coast Real Estate & Vacations LLC
Last Updated: September - 22 - 2025
Information deemed reliable but not guaranteed.