Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
3 Baths
1,400 sqft

$600,000

9900 S Thomas Drive 431, Panama City Beach FL, 32408

Price per sqft$428.57
Built in2007
Property size1,400 sqft
Property typeCondominium

Overview

Sold

Closed

Listed Jan 3, 2024

Updated Jun 12

CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS Call 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.

Additional information

MLS® ID
750892

Interior Features

Bedrooms
3
Bathrooms
3
Cooling
Yes
Heating
Yes
Basement
No

Other Property Details

Taxes
$4,731
Tax Frequency
Annually
Garage
Yes
View
Yes
Waterfront
Yes

 

Courtesy of EXP Realty LLC, Nicole Lane,
Listing Contact: 816-479-5251 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rachel Warrell shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

© 2026 Central Panhandle Association of REALTORS. All rights reserved.

Powered by Luxury Presence