9900 S Thomas Drive 2331, Panama City, Florida 32408
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$659,000 USD

Apartment for Sale, 9900 S Thomas Drive 2331, Panama City, Florida 32408

  • MLS#R11167869
  • 3
  • 3
  • 130 m² (1,400 ft²)

Listed By Luxe Coastal Realty Group LLC

The Apartment for Sale located at 9900 S Thomas Drive 2331, Panama City, Florida 32408 is currently for sale. 9900 S Thomas Drive 2331, Panama City, Florida 32408 is listed for $659,000. This property has 3 bedrooms, 3 bathrooms.

Date Updated : Mar 13, 2026
Marcy O'Donnell
Luxe Coastal Realty Group LLC

Property features

Property

  • Property size: 130 m² (1,400 ft²)
  • Type: Furnished
  • Location: WaterfrontSubdivision

Construction

  • Year built: 2007

Parking/Garage

  • Parking description: Assigned

Bedrooms

  • Bedrooms: 3

Bathrooms

  • Total bathrooms: 3
  • Full bathrooms: 3

Water and Boating

  • Water: Ocean Front

Security

  • Features: Security Patrol

Heating and Cooling

  • Heating system: Central
  • Cooling system: Central AC

Utilities

  • Other utilities: PublicSewer Available Off SitePublic Sewer

Community

  • Features: StorageElevatorsIndoor Swimming PoolSpaFitness CenterPlayground

Description

Shores of Panama offers resort-style beachfront living, and this 3BR/3BA penthouse is perfectly positioned to take full advantage of it. Located on the end of the U, this unit sits directly on the Gulf, providing sweeping, unobstructed beach and water views from an expansive wrap-around balcony — an ideal setting for enjoying stunning sunrise views over the coastline. Inside, the spacious layout is ideal for full-time living, a second home, or a high-performing rental. The kitchen is bright and attractive, opening to the living and dining areas and maximizing both functionality and natural light. 3 bedrooms and 3 full baths allow for comfortable accommodations and strong rental appeal, while the penthouse level offers added privacy and an elevated vantage point. This unit also conveys with a dedicated parking space and private storage closet, a valuable bonus within Shores of Panama. Owners and guests enjoy direct beach access and a full suite of amenities including a lagoon-style Gulf-front pool, hot tubs, fitness center, and on-site dining. The location is hard to beat  just steps from Pineapple Willy's, 810 Billiards & Bowling, shopping, and entertainment. A Shores of Panama 3BR penthouse like this typically produces $80K-$90K annually, with upside into the $100K range if optimized. This is a rare opportunity to own a penthouse, beachfront 3BR with wrap-around balcony in one of Panama City Beach's most iconic resorts.

Location

9900 S Thomas Drive 2331, Panama City, Florida 32408

9900 S Thomas Drive 2331, Panama City, Florida 32408