← Back to search

9900 S Thomas Drive 2331, Panama City, FL 32408

Panama City, FL, 32408 · SHORES OF PANAMA II

$659,000

3 bd · 3 ba · 1,400 sqft

9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 1 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 2 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 3 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 4 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 5 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 6 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 7 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 8 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 9 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 10 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 11 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 12 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 13 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 14 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 15 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 16 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 17 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 18 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 19 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 20 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 21 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 22 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 23 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 24 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 25 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 26 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 27 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 28 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 29 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 30 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 31 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 32 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 33 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 34 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 35 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 36 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 37 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 38 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 39 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 40 of 41
9900 S Thomas Drive 2331, Panama City, FL 32408 — photo 41 of 41
1 / 41

About this home

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.

Virtual tour ↗

Location

Map loading…

Listing courtesy of Luxe Coastal Realty Group LLC · Marcy L O'Donnell

Listing information is provided by BeachesMLS via the Spark Platform. All information is deemed reliable but not guaranteed and should be independently verified. Properties may or may not be listed by the office/agent presenting the information.

Last updated 2026-05-31