$375,750
$392,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3 Baths
SOLD DATE : 09/05/2025
Key Details
Sold Price $375,750
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Subdivision Shores Of Panama Phase Ii
MLS Listing ID 768452
Sold Date 09/05/25
Style High Rise
Bedrooms 2
Full Baths 2
Half Baths 1
HOA Y/N Yes
Year Built 2007
Annual Tax Amount $4,357
Tax Year 2024
Property Sub-Type Condominium
Property Description
CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' must be placed at the beginning of the Public Remarks - Experience Gulf-front luxury in this stunning 2-bedroom, 2.5-bath - with bunk room - condo at the Shores of Panama. Situated on the 12th floor, it offers a private patio with breathtaking views of the emerald waters and sugar-white sands of the Gulf of Mexico. Fully turn-key and income-producing, this high-yield vacation rental is ready for you or your guests to enjoy from day one. Freshly painted in 2024, the condo features high-end solid wood furnishings and comes fully equipped for your next vacation or short-term rental. Recent upgrades include new flooring and cabinets in 2020, a new water heater in 2023, and a brand-new HVAC system. A rare bonus is the designated parking space located on the same floor—skip the elevators and stairs for effortless access.
Stress-free ownership is part of the package, with building insurance included in the HOA fees. The Shores of Panama offers world-class resort amenities, including a spectacular lagoon-style pool with zero-entry deck, two tiki bars for on-site dining and drinks, a heated indoor pool, a Jacuzzi, a kids' play area, and a full lineup of beachfront activities and water sports. From your private balcony, you can enjoy morning coffee with the sunrise or relax at sunset to the soothing sound of the waves. Centrally located in Panama City Beach, you're just steps from Pineapple Willy's and minutes to St. Andrews State Park, Pier Park, shopping, and family-friendly entertainment.
With a strong track record as a vacation rental, this property is already professionally managed and has future reservations in place for immediate income potential. Whether you're seeking a second home, a profitable investment, or your dream beach escape, this condo delivers it all. Don't miss your chance to own a slice of paradise at the Shores of Panama—schedule your private tour today and start living the coastal lifestyle you've always dreamed of.
Location
State FL
County Bay
Community Pool, Waterfront, Gated
Area 03 - Bay County - Beach
Interior
Interior Features Kitchen Island, Pantry
Heating Central
Cooling Central Air, Ceiling Fan(s)
Flooring Luxury Vinyl Plank
Fireplace No
Appliance Dishwasher, Ice Maker, Microwave, Refrigerator
Exterior
Exterior Feature Balcony
Parking Features Additional Parking
Garage Spaces 1.0
Garage Description 1.0
Pool Community
Community Features Pool, Waterfront, Gated
Amenities Available Other, See Remarks, Gazebo
Waterfront Description Gulf,Waterfront
View Y/N Yes
Water Access Desc Gulf,Waterfront
View Gulf
Porch Balcony
Building
Lot Description Waterfront
Architectural Style High Rise
New Construction No
Schools
Elementary Schools Breakfast Point
Middle Schools Breakfast Point
High Schools Arnold
Others
HOA Fee Include Fitness Facility,Internet,Maintenance Grounds,Pest Control,Sewer,Trash,Water
Tax ID 40000-650-213
Security Features Building Security,Fire Escape,Fire Sprinkler System,Gated with Guard,Secured Garage/Parking,Gated Community,24 Hour Security,Fire Alarm
Acceptable Financing Cash, FHA, VA Loan
Listing Terms Cash, FHA, VA Loan
Financing Conventional,Seller Financing
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