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Shores Of Panama Ii, Apt 2331 For Sale

9900 S Thomas Apt 2331, Panama City, FL 32408

Price: $659,000 | 1,400 s.f. | 3 Beds | 3 Baths

 

Property Information Shores Of Panama Ii #2331

Listing Price: $659,000
Price per Square Foot: $470.71/s.f.
Beds: 3
Baths: 3
Interior Space: 1,400 s.f. (130.1 m²)
Total Size: 1,400 s.f. (130.1 m²)
Monthly Maintenance Fee: $1,500
Taxes (2025): $6,693
Reference: R11167869
 

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Description of Shores Of Panama Ii #2331

Description of Unit

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.

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The MLS data provided for the property above (MLS#R11167869) is provided courtesy of Luxe Coastal Realty Group LLC. Source: Southeast Florida MLS. Data updated 3/3/2026. Information is deemed reliable but not guaranteed. Copyright © 2026. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is 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. Data is believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
 

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