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$530,000

Beds
2
Baths
3.0
sq ft
1,184

9900 S Thomas Dr Unit 1024, Panama City, FL 32408

9900 S Thomas Dr Unit 1024

Panama City Beach, FL 32408

  • 163 days on market
    • Price drop $10,000↓
If you're seeking a standout, upgraded unit at Shores of Panama, this is the one to see. Experience coastal living in this beautifully renovated 2-bedroom condo, plus a private hall bedroom with a double bed and barn door for added privacy. Each sleeping area is complemented by its own dedicated full bathroom. This sought-after ''K'' floor plan is situated on the east wing of the 10th floor, offering stunning balcony views of both the resort's iconic lagoon pool and the Gulf. Enjoy the rare perk of a deeded parking spot conveniently located on the same level.Thoughtfully designed with a touch of European elegance, this unit features modern-style furniture and finishes, ceramic tile flooring throughout, a sleek farm sink, and waterfall quartz countertops. Italian furniture, a sofa bed, and a Bose sound system add to the refined ambiance.All bathrooms are updated with stylish half-wall tiles, custom showers with glass enclosures, and European vanities, faucets, lighting, backlit mirrors, and Euro-style commodes. The unit comes fully furnished and is rental-ready, making it a perfect investment or personal getaway.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

Property type

Condominium

Est. home value

$504,826

Lot size

Unknown

Price per sq ft

$448

Year built

2007

Annual property taxes

$5,074

Monthly HOA fee

$1,263.74

Price History

03/28/2025
CentralPanhandle

CentralPanhandle #764045

Price change
$530,000
-1.85%
10/19/2024
CentralPanhandle

CentralPanhandle #764045

Listed
$540,000
+36.53%
11/15/2021
CentralPanhandle

CentralPanhandle #713555

Sold
$395,520

Schools & Community

Elementary school: 

Breakfast Point

Middle school: 

Breakfast Point

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Playground, Park

Number of units in community: 

709

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$296,174
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$191,426
Cash to seller
$296,174

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

A&D Mortgage Llc

Loan start date

November 2021

Original loan amount

$206,275

Est. remaining balance

$191,426

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Tung Nguyen and Edith Nguyen

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 04/01/2025 at 5:55 AM

Listing updated: 03/28/2025 at 5:20 PM

Listed by: Sean P Casilli, Coldwell Banker Realty Phone #: (850) 234-6696

MLS: CentralPanhandle #764045

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