$360,000
Panama City, FL 32408
MLS# 768057
1 beds | 2 baths | 936 sqft
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Property Description
This Type-N floor plan features 1 bedroom plus a bunk area with a barn door, 2 full bathrooms, in-unit laundry, and a deeded parking spot conveniently located on the same level. The condo is fully furnished and turn-key, highlighted by new luxury floating LVP flooring, flat-screen TVs in all rooms, stainless steel appliances in the kitchen, and privacy curtains in the living room and bedroom. The seller self-manages the unit with rental income of $55,873 in 2023 and $59,941 in 2024. Enjoy breathtaking sunsets from the west-facing balcony, overlooking the turquoise Gulf waters and vibrant pool scene, and take in stunning sunrise views from the primary bedroom window on the east side of Panama City Beach. Shores of Panama Resort features the largest Gulf-front lagoon pool in Panama City Beach. This zero-entry tropical pool includes palm-lined islands, fountains, and a spacious hot tub, all set against resort guest exclusive beachfront access. Guests enjoy an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. The resort's prime location puts dining, shopping, and attractions within walking distance. Pineapple Willy's is right next door for beachfront dining, and Laketown Wharf, located across the street, offers multiple restaurant options, including The Wharf Buffet, Juan Taco, and LuLu's Bar & Resto. Covered parking, complimentary Wi-Fi, and on-site security enhance the guest experience, making Shores of Panama a sought-after destination for beachfront vacations. All information and HOA fees are deemed accurate but should be verified by buyers if important.
Details
Maps
Contract Info
Status: Active
List Date: 2025-02-01
List Price: $360,000
List Price/SqFt: 384.62
Current Price: $360,000
Location
Area: 03 - Bay County - Beach
Street #: 9900
Street Direction: S
Street Name: Thomas
Street Suffix: Drive
Unit #: 825
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0318 - Beach - Central South
Subdivision: Shores Of Panama Phase I
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 40000-675-097
Elementary School: Breakfast Point
Middle School: Breakfast Point
High School: Arnold
Directions: Shores of Panama is located next to Pineapple Willy's across from Laketown Wharf, at the intersection of Front Beach Road and Thomas Dr
Legal Description: SHORES OF PANAMA II UNIT 825 TYPE N ORB 2740 P 2252 1BR 2BA ORB 4561 P 106 936 TOTAL SF . PARKING SPACE #859
General Property Info
Sub-Type: Condominium
Floor Number: 8
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 936
SqFt Source: Prop App Site
Bedrooms: 1
Full Baths: 2
Total Baths: 2
# of Stories in Building: 23
# of Units in Bldg: 709
Year Built: 2007
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: 1
Assigned Spaces: 859
Lot Dimensions: CONDO
Pool: Yes
Pool Type: Community
Property Features
Accessibility Features: Reinforced Floors
Appliances: Dishwasher; Disposal; Microwave; Oven - Electric; Range - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Full Bathroom: First
Master 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; Master Association; Pool; Sewer; Water
Financing: Cash; Conventional; Other
Furnished: Furnished
Interior: Smart Thermostat
Kitchen: First
Living Room: First
Balcony: First
Bunk Room: First
Master Bathroom: First
Pool Features: Heated - Electric; Inground; Indoor
Security Features: 24 Hour Security; Fire Sprinkler System; Security Gate; Security Guard
Parking Features: Deeded
Association Amenities: BBQ Pit/Grill; Beach; Business Center; Community Room; Elevators; Exercise Room; Picnic Area; Playground; Pool; Retail Shops; Waterfront; Other - See Remarks
Rooms: Balcony; Bunk Room; Full Bathroom; Kitchen; Living Room; Master Bathroom; Master Bedroom
Showing: ShowingTime
Utilities: TV Cable; Electricity - Connected; Garbage; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected; Other - See Remarks
Waterfront Type: Gulf
Waterview: Gulf
Present Zoning: Resid Multi-Family
Room Information
Room Name | Level | Dimensions | Length | Width | Dimensions |
Master Bedroom | First | 13.8 x 11.3 | 13.80 | 11.30 | 13.8 x 11.3 |
Master Bathroom | First | 10.6 x 5.7 | 10.60 | 5.70 | 10.6 x 5.7 |
Kitchen | First | 10.6 x 12.4 | 10.60 | 12.40 | 10.6 x 12.4 |
Bunk Room | First | 7.5 x 7.5 | 7.50 | 7.50 | 7.5 x 7.5 |
Full Bathroom | First | 5.11 x 10.6 | 5.11 | 10.60 | 5.11 x 10.6 |
Living Room | First | 17.8 x 13.8 | 17.80 | 13.80 | 17.8 x 13.8 |
Balcony | First | 17.3 x 610 | 17.30 | 610.00 | 17.3 x 610 |
Listing Office: Coldwell Banker Realty
Last Updated: September - 27 - 2025
Information deemed reliable but not guaranteed.