Property Attributes
- MLS#792192
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodShores Of Panama
- Zip32408
- Style
- Year Built2007
- Price$ 325,000
- Bedrooms1
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage864
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
TROPICAL STYLE INSIDE. LAGOON POOL AND GULF VIEWS OUTSIDE. RIGHT BY THE ELEVATORS. Shores of Panama 1408 is an A floor plan in Panama City Beach, offering a one-bedroom plus bunk layout, two full bathrooms, deeded parking, and a convenient 8-stack location just off the bank of elevators. This turnkey, fully furnished condo features coastal décor and furnishings, updated light fixtures, and luxury vinyl plank flooring throughout. The living area is designed for easy use as a short-term rental or personal beach retreat, with open flow into the dining area and kitchen. The kitchen features granite countertops, white appliances, and a white subway tile backsplash. The primary bedroom includes a king-size bed and private bathroom with a tub/shower combo. Near the entry, the bunk area has access to its own full bathroom, giving the floor plan added functionality beyond a standard one-bedroom layout. The balcony offers a strong resort-view setting with lagoon pool views and Gulf views from the 8th floor. Additional details include a deeded parking space on the 7th floor, water heater from 2016, and HVAC from 2006. Shores of Panama Resort features one of the largest Gulf-front lagoon-style pools in Panama City Beach. The zero-entry tropical pool includes palm-lined islands, fountains, and a spacious hot tub along the resort's private beachfront access. Additional amenities include an indoor heated pool and hot tub, a 24-hour fitness center, and a seasonal poolside Tiki bar. Located in the heart of Panama City Beach, Shores of Panama places dining, shopping, and entertainment nearby. Pineapple Willy's is adjacent to the resort, while Laketown Wharf directly across the street offers dining, retail, and entertainment options including Wharf Seafood Buffet, The Candymaker Ice Cream Shop, PCB Pizza, In Cahoots, The Press, The Bun Lab, 810 Billiards & Bowling, salon services, and more. Panama City Beach has also welcomed newer attractions and entertainment venues including Dolly Parton's Pirates Voyage Dinner & Show, Topgolf, McGuire's Irish Pub, and Tootsie's Orchid Lounge. The same owner is also listing Shores of Panama 1410 (MLS 792217), positioned nearby on the same floor. For guests traveling together, the close front-door proximity creates a convenient two-unit setup with the same elevator access, separate private spaces, and more time together without being spread across the resort. HOA dues are $3,326.18 per quarter. One special assessment payment remains in the amount of $1,155.20 (4th quarter of 2026) Approximate Gross rental income was $23,000 in 2024, $28,000 in 2025, and $28,750 year-to-date through the end of June 2026. All information, rental income, HOA fees, assessments, measurements, and property details are deemed reliable but not guaranteed; buyer to verify if important.
| Elementary School | Middle School | High School |
|---|---|---|
| Breakfast Point Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 7/3/2026 | Listed $325,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Connected,Electricity Available,High Speed Internet Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Beach,Business Center,Clubhouse,Elevator,Fitness Center,Playground,Park,Pool,Shopping,Waterfront,Community Pool,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Shores Of Panama |
| Status | Active |
| Buyer Financing | Other |
| 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 |
| High School | Arnold |
| City | Panama City Beach |
| Zoning Description | Resid Multi-Family |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Breakfast Point |
| Middle/Junior High School | Surfside |
| MLS Area Minor | 0318 - Beach - Central South |
| Standard Status | Active |
| Property Sub Type Additional | Condominium |
| Association Amenities | Beach Rights,Barbecue |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf |
| Year Built | 2007 |
| Association Fee Includes | Association Management,Cable TV,Fitness Facility,Insurance,Internet,Legal/Accounting,Maintenance Grounds,Pool(s),Sewer,Water |
| Heating | Central,Electric |
| Cooling | Central Air |
| Appliances | Washer/Dryer Stacked,Electric Oven,Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| View | Gulf |
| Attached Garage | false |
| Garage Y/N | true |
| Total Rooms | 7 |
| Full Baths | 2 |
| Virtual Tour | https://www.zillow.com/view-imx/47de9efe-2b60-4f87-8905-e3ecd3c0994f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard |
| Garage Spaces | 1 |
| Architectural Style | High Rise |
| HOA Fee | 3326.18 |
| Assoc Fee Paid Per | Quarterly |
| Pool Features | Electric Heat,Indoor,In Ground,Community |
| Security Features | Fire Sprinkler System,Security Gate,24 Hour Security,Security Guard |
| Unit Number | 1408 |
| New Construction | false |
| Number Of Units Total | 709 |
Interior Features
| Total Baths | 2 |
|---|---|
| Interior Amenities | Main Level Primary |
| Furnished Units | All Units |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 1 |
| LivingAreaSource | Appraiser |
| Total Stories | 23 |
| Laundry Features | Stacked |
Exterior Features
| Lot Dimensions | CONDO |
|---|---|
| Building Area Total | 864 |
| Waterfront Y/N | true |
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
$ 570,000
- Type
- Condos
- Size
- 1,525 SqFt
- Rooms
- 3 Beds + 3 Baths
Panama City Beach
$ 300,000
- Type
- Condos
- Size
- 911 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Panama City Beach
$ 295,000
- Type
- Condos
- Size
- 911 SqFt
- Rooms
- 2 Beds + 1.5 Baths
Panama City Beach
$ 675,000
- Type
- Condos
- Size
- 1,400 SqFt
- Rooms
- 3 Beds + 3 Baths
Panama City
$ 349,000
- Type
- Condos
- Size
- 907 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City
$ 349,900
- Type
- Condos
- Size
- 907 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 335,000
- Type
- Condos
- Size
- 907 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 320,000
- Type
- Condos
- Size
- 907 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 329,900
- Type
- Condos
- Size
- 980 SqFt
- Rooms
- 1 Beds + 2 Baths
Panama City Beach
$ 395,000
- Type
- Condos
- Size
- 1,102 SqFt
- Rooms
- 2 Beds + 2.5 Baths
Panama City Beach
$ 290,000
- Type
- Condos
- Size
- 911 SqFt
- Rooms
- 1 Beds + 1.5 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