Property Attributes
- MLS#787603
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodShores Of Panama Phase I
- Zip32408
- Style
- Year Built2007
- Taxes$ 3861
- Price$ 399,900
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage907
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Welcome to your Gulf-front condo in Panama City Beach at the highly sought-after Shores of Panama--a proven short-term rental investment with strong income history and breathtaking direct Gulf views from the 20th floor. This 2-bedroom, 2-bath Gulf-front condo is designed for both personal enjoyment and maximum rental performance. The open-concept layout features a fully equipped kitchen with stainless steel appliances, a spacious living area with updated coastal furnishings, and floor-to-ceiling glass doors leading to a private balcony overlooking the emerald waters and white sand beaches of the Gulf of Mexico. The primary suite offers a comfortable king-sized bed, while the separate bunk room (queen-over-queen configuration) significantly increases occupancy--making this unit ideal for vacation rental income. Coastal tones and modern finishes create a bright, clean, and turnkey-ready interior. Step outside to your private balcony and take in panoramic beachfront views, perfect for sunrise coffee or sunset cocktails--one of the most desirable features for Panama City Beach vacation rentals. This unit also includes a deeded parking space, a rare and highly valuable asset that enhances both convenience and rental appeal. Owners and guests at Shores of Panama enjoy resort-style amenities including: Lagoon-style beachfront pool, Indoor heated pool & hot tub, Fitness center & full-service spa, On-site dining and bar, Direct beach access. Located in the heart of Panama City Beach, Florida, this property is minutes from dining, entertainment, and attractions--making it a top choice for investment property buyers, second-home owners, and those seeking a turnkey beachfront condo. Whether you're searching for a high-performing investment property or a Gulf-front second home, this opportunity delivers on every level.
| Elementary School | Middle School | High School |
|---|---|---|
| Breakfast Point Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 3/30/2026 | Listed $419,900 |
| 4/27/2026 | 5$399,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,High Speed Internet Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Elevator,Fitness Center,Game Room,Pool,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Shores Of Panama Phase I |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | From Hathaway Bridge, travel West and stay in the left lane for Front Beach Road. Turn South at intersection of Front Beach Road and S. Thomas Drive. Shores of Panama is located immediately on your right before Pineapple Willy's. |
| High School | Arnold |
| City | Panama City |
| Zoning Description | Resid Multi-Family |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Breakfast Point |
| Tax Annual Amount | 3861 |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Other,See Remarks,Game Room,Barbecue |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf |
| Year Built | 2007 |
| Heating | Central |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Washer/Dryer Stacked,Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| Construction Materials | Concrete |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | true |
| Total Rooms | 6 |
| Full Baths | 2 |
| Garage Spaces | 1 |
| Architectural Style | High Rise |
| Pool Features | Community |
| Security Features | Building Security,Fire Sprinkler System,Gated with Guard,Secured Garage/Parking,24 Hour Security,Fire Alarm,Smoke Detector(s),Security Service |
| Unit Number | 2011 |
| Building Features | Dumpster |
| New Construction | false |
| Senior Community Y/N | false |
Interior Features
| Total Baths | 2 |
|---|---|
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| LivingAreaSource | Appraiser |
| Total Stories | 23 |
| Laundry Features | Stacked |
Exterior Features
| Lot Dimensions | N/A |
|---|---|
| Mobile Home Dimensions | Feet |
| Road Frontage Type | City Street |
| Parking Features | Additional Parking,Gated,Community Structure |
| Building Area Total | 907 |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 32408
In The Neighborhood
Panama City Beach
$ 265,000
- Type
- Condos
- Size
- 473 SqFt
- Rooms
- 0 Beds + 1 Baths
Panama City Beach
$ 300,000
- Type
- Condos
- Size
- 911 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City Beach
$ 295,000
- Type
- Condos
- Size
- 911 SqFt
- Rooms
- 1 Beds + 1.5 Baths
Panama City
$ 365,900
- Type
- Condos
- Size
- 1,066 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Panama City Beach
$ 675,000
- Type
- Condos
- Size
- 1,400 SqFt
- Rooms
- 3 Beds + 3 Baths
Panama City
$ 369,000
- Type
- Condos
- Size
- 1,148 SqFt
- Rooms
- 2 Beds + 3 Baths
Panama City Beach
$ 295,000
- Type
- Condos
- Size
- 473 SqFt
- Rooms
- 0 Beds + 1 Baths
Panama City Beach
$ 335,000
- Type
- Condos
- Size
- 907 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City
$ 474,900
- Type
- Condos
- Size
- 1,148 SqFt
- Rooms
- 2 Beds + 3 Baths
Panama City Beach
$ 604,000
- Type
- Condos
- Size
- 1,131 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Panama City
$ 348,900
- Type
- Condos
- Size
- 907 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City
$ 339,000
- Type
- Condos
- Size
- 907 SqFt
- Rooms
- 1 Beds + 2 Baths
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating