Investor opportunity in one of Panama City Beach's most recognizable beachfront resorts. This 3BR/3BA penthouse at Shores of Panama is uniquely positioned on the end of the U-shaped building, placing it directly on the Gulf with sweeping, unobstructed beach and water views. The expansive wrap-around balcony is a rare feature in the building and creates a premium guest experience that consistently drives stronger booking performance and higher nightly rates. From a rental perspective, this unit checks the boxes vacation guests actively search for: penthouse elevation, true Gulf-front exposure, large balcony space, and a full 3 bedroom / 3 bathroom layout that comfortably accommodates larger groups and families. These features tend to command higher ADRs and stronger occupancy compared to interior or lower-floor units. The bright kitchen opens to the living and dining areas, maximizing both natural light and the view corridor -- another key factor in guest reviews and repeat bookings. Additional value comes with the dedicated parking space and private storage closet, a sought-after bonus within Shores of Panama that enhances owner convenience and guest usability. Shores of Panama remains one of the most amenity-rich resorts on the beach, featuring a lagoon-style Gulf-front pool, hot tubs, fitness center, on-site dining, and direct beach access. The location places guests within walking distance of popular attractions including Pineapple Willy's, 810 Billiards & Bowling, and numerous dining and entertainment options, all of which help drive consistent rental demand. Well-positioned 3BR units in this building commonly produce approximately $80,000-$90,000 annually in rental income, with potential upside into the $100,000+ range when professionally optimized. Opportunities to purchase a true beachfront 3BR penthouse with a wrap-around balcony in Shores of Panama are limited. For investors seeking a property with strong rental fundamentals and standout guest appeal, this unit offers a compelling combination of location, layout, and income potential.
Listed By
Agency Name: Luxe Coastal Realty Group LLC
Shown By
Agency Title: Premier Property Group
Agency Phone: 850-337-1555
Estimated Payment
$ 2,181.37 per month $1,435.49 Principal & Interest $557.75 Property Tax $188.13 Homeowner's Insurance
9900 S Thomas Drive, Unit 2331 | MLS# 784818
This condo located at 9900 S Thomas Drive, Unit 2331, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $645,000. This property was built in 2007 and has 3 bedrooms and 3 full baths with 1400 sq. ft. S Thomas Drive, Unit 2331 is located in the Shores Of Panama Phase II subdivision. Search Shores Of Panama Phase II real estate on www.premierfl.com today.