Live the Gulf Life on Florida’s Emerald Coast
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SHORES OF PANAMA

One of the most popular communities provided by Gulf Life Real Estate

SHORES OF PANAMA

About SHORES OF PANAMA

Shores of Panama PCB Neighborhood Guide

Welcome to Shores of Panama, one of the most sought-after beachfront communities in Panama City Beach (PCB), Florida. If you’re searching for the perfect blend of luxury, convenience, and coastal living, Shores of Panama offers an unparalleled experience in the heart of Florida’s Emerald Coast.

Why Choose Shores of Panama?

Shores of Panama is renowned for its stunning views of the Gulf of Mexico, resort-style amenities, and unbeatable beachfront access. Residents and vacationers enjoy a vibrant lifestyle, with crystal-clear waters, sugar-white sand, and a friendly, upbeat atmosphere.

Key Features

  • Direct Beach Access: Step straight from your condo onto the world-famous PCB shoreline.
  • Lagoon-style Pool: One of the largest and most beautiful pools in Panama City Beach, surrounded by lush tropical landscaping.
  • Full-service Spa: Relax with massages, facials, and more just steps from your doorstep.
  • On-site Restaurants and Bars: Enjoy delicious food and refreshing drinks without ever having to leave the property.
  • Modern Fitness Center: Keep up your fitness routine with state-of-the-art equipment overlooking the pool.
  • 24-hour Security: Enjoy a safe and secure environment, perfect for families and solo travelers alike.

Real Estate at Shores of Panama

Whether you’re seeking a luxury vacation rental, a second home, or a retirement condo, Shores of Panama offers a diverse range of properties, from cozy studios to spacious three-bedroom suites. Each unit features:

  • Private balconies with breathtaking ocean views
  • Fully equipped kitchens with modern appliances
  • Washer and dryer units in most condos
  • High-speed Wi-Fi and smart home features

Discover the latest Shores of Panama listings on Realtor.com and Zillow.

Things to Do Nearby

Life at Shores of Panama means you’re never far from PCB’s top attractions:

  • Pier Park: The premier shopping, dining, and entertainment destination in the area.
  • Shipwreck Island Waterpark: Family-friendly water rides and slides just minutes away.
  • St. Andrews State Park: Explore nature trails, snorkel in pristine waters, or take a dolphin tour.
  • Local Eateries & Nightlife: Enjoy fresh seafood, vibrant beach bars, and live music venues nearby.

Check out more attractions at the Panama City Beach Visitors Bureau.

Community and Lifestyle

Shores of Panama fosters a welcoming community for families, retirees, remote workers, and vacationers. Enjoy seasonal events, holiday celebrations, and group fitness classes. The complex is also pet-friendly, making it easy to bring your furry friends along.

Why Invest in Shores of Panama?

Panama City Beach real estate remains one of Florida’s most lucrative investment opportunities thanks to year-round tourism, strong rental demand, and a growing economy. Shores of Panama condos maintain high occupancy rates and deliver excellent returns for vacation rental investors.

Living at Shores of Panama

Experience the ultimate Florida beachfront lifestyle, complete with stunning sunsets, year-round warm weather, and endless coastal adventures.

Ready to find your dream condo or investment property? Learn more about Shores of Panama and available real estate opportunities by visiting Shores of Panama HOA or contact a local PCB realtor today.

Make Shores of Panama your new coastal home and discover why this neighborhood is one of the best places to live, vacation, and invest in Panama City Beach, Florida.

One of the most popular communities provided by Gulf Life Real Estate
68
# of Listings
1
Avg # of Bedrooms
$407
Avg. $ / Sq.Ft.
$409,015
Med. List Price

Browse SHORES OF PANAMA Real Estate Listings

All listings

Under $250,000

$250,000 - $500,000

$500,000 - $1M

$1M - $3M

$3M - $5M

Over $5M

68 Properties Found. Page 5 of 5.

Welcome to Shores of Panama Unit 2208, a beautifully renovated 1-bedroom + bunk area, 2 full bath condo offering the perfect combination of coastal living, comfort, and investment potential. Renovated within the past 12 months, this turnkey condo features all-new flooring, paint, furnishings, appliances, décor, and more. Best of all, this unit has never been used as a vacation rental, making it exceptionally well-maintained and truly move-in or rental ready. Designed to comfortably accommodate 6 guests, this floor plan includes a spacious primary suite, hallway bunk area, and two full bathrooms. Rental projections exceed $40,000 annually, with many comparable units in the resort generating even higher income. Shores of Panama is widely recognized as one of Panama City Beach's premier short-term rental resorts and offers some of the highest ROI potential on the beach, making this an exceptional opportunity for investors or those looking for a second home that can help offset ownership costs. Owners and guests enjoy an impressive lineup of resort-style amenities, including one of the area's largest lagoon-style Gulf-front pools, multiple hot tubs, an indoor heated pool, a 24-hour fitness center, on-site tiki bar and grill, seasonal live entertainment, covered parking, and 24-hour security. Perfectly located, you'll be just steps from Pineapple Willy's and directly across the street from Laketown Wharf, offering a variety of restaurants, shopping, and entertainment. Whether you're searching for a high-performing vacation rental, a second home, or your own beachfront getaway, this fully furnished, turnkey condo checks every box. Sellers are motivated and will entertain all reasonable offers.
#792344

Panama City Beach

9900 S Thomas Drive 2208

1 Beds

2 Baths

864 Sq.Ft.

$320,000

MLS#: 792344

Projected to generate $40K+ in 2026 with current management and new 2BR marketing (barn door bunk area). Previously produced $33,200 gross (Jan-Oct 2025) despite being offline Nov-Mar for stucco work. Major updates include new Carrier heat pump ($6,300), and water heater; updated electrical panel, LifeProof LVP flooring, new appliances (fridge, dishwasher, washer/dryer), furniture, and fresh paint. Deeded parking space adds rare convenience and rental appeal. Low-maintenance, rental-ready, and ideal as a short-term rental, second home, or beach getaway!
#999373

Panama City Beach

9900 S Thomas Drive UNIT 2226

1 Beds

2 Baths

936 Sq.Ft.

$315,000

MLS#: 999373

RARE TYPE F FLOOR PLAN. DEEDED PARKING. FRONT DOOR RIGHT BY THE ELEVATOR. Shores of Panama 1410 is a rare Type F floor plan in Panama City Beach, offering deeded parking, a front-door location right by the elevator, and a furnished setup ready for continued rental use. This one-bedroom plus bunk layout includes a cozy living area with a flat-screen TV, dining area, luxury vinyl plank flooring through the main living spaces, and tile flooring in the kitchen and bathrooms. The kitchen features granite countertops, two refrigerators, and a front-load stackable washer and dryer. Near the entry, a spacious bunk area is positioned along the hallway with a convenient half bathroom nearby. The primary suite includes a king-size bed and a private full bathroom. The balcony is furnished with Polywood high-top table and chairs, creating a comfortable outdoor setup overlooking the resort setting. Additional details include a deeded parking space on the 7th floor, water heater from 2016, and HVAC from 2018. 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 selling unit 1408 (MLS 792192), 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 $3,507.11 per quarter. One special assessment payment remains in the amount of $1,218.04 (4th quarter of 2026) Approximate Gross rental income was $25,000 in 2024, $20,000 in 2025 when the balcony was closed for repairs, and $22,400 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.
#792217

Panama City Beach

9900 S Thomas Drive 1410

2 Beds

1 Baths

911 Sq.Ft.

$300,000

MLS#: 792217

Priced at $299,000 and including a $10,000 credit for an update allowance, this Shores of Panama condominium is a high-yield candidate for investors or those seeking a turnkey secondary property. The floor plan includes 1 bedroom, 2 bathrooms, and a bonus bunk alcove, providing flexible sleeping arrangements. A key advantage of this listing is the inclusion of deeded parking on the 10th floor and immediate proximity to building infrastructure for easy tenant turnover. The complex is distinguished by its comprehensive amenity package, including a 14,000 sq. ft. lagoon pool, indoor heated swimming pool, and fitness facilities, all situated directly on the sugar-white sands of Panama City Beach. Strategically priced and move-in ready, this unit is prepared for immediate acquisition.
#786447

Panama City Beach

9900 S Thomas Drive 2009

1 Beds

2 Baths

864 Sq.Ft.

$299,000

MLS#: 786447

Gulf-front studio condo. This unit includes a parking space right outside the condo. Offering exceptional views and strong actual rental income. 2025 Rental Income: $26,834.36 (Verified /Actual income) - Managed by Vacasa, But the owner does some VRBO. This well-appointed unit features a full kitchen with granite countertops, ample cabinetry, and generous workspace for meal preparation. The interior includes 8-foot ceilings and the convenience of an in-unit washer and dryer. The bathroom is thoughtfully designed with a tub/shower combination and a dedicated vanity area, providing both function and comfort. Enjoy stunning Gulf views from the private balcony overlooking the lagoon-style pool and on-site dining area, perfect for taking in the coastal atmosphere. The resort-style community amenities are extensive and include an 18,000+ square foot lagoon-style pool with tropical landscaping, bridges, fountains, and recreational features, a large heated indoor pool, indoor spa tubs, two tiki bars, a fitness center, on-site eateries, a coffee shop, 24-hour security, and gated entry. Ideally located in the heart of the strip, this property is directly across from Walmart and adjacent to the world-famous Pineapple Willy's, offering unmatched convenience and walkability. Studio units in this community are highly desirable investments due to low HOA fees, low maintenance requirements, and excellent year-round rental demand.
#784205

Panama City

9900 S Thomas Drive 2306

None Beds

1 Baths

473 Sq.Ft.

$290,900

MLS#: 784205

Gulf-front studio condo. This unit includes a parking space right outside the condo. Offering exceptional views and strong actual rental income. 2025 Rental Income: $26,834.36 (Verified /Actual income) - Managed by Vacasa, But the owner does some VRBO. This well-appointed unit features a full kitchen with granite countertops, ample cabinetry, and generous workspace for meal preparation. The interior includes 8-foot ceilings and the convenience of an in-unit washer and dryer. The bathroom is thoughtfully designed with a tub/shower combination and a dedicated vanity area, providing both function and comfort. Enjoy stunning Gulf views from the private balcony overlooking the lagoon-style pool and on-site dining area, perfect for taking in the coastal atmosphere. The resort-style community amenities are extensive and include an 18,000+ square foot lagoon-style pool with tropical landscaping, bridges, fountains, and recreational features, a large heated indoor pool, indoor spa tubs, two tiki bars, a fitness center, on-site eateries, a coffee shop, 24-hour security, and gated entry. Ideally located in the heart of the strip, this property is directly across from Walmart and adjacent to the world-famous Pineapple Willy's, offering unmatched convenience and walkability. Studio units in this community are highly desirable investments due to low HOA fees, low maintenance requirements, and excellent year-round rental demand.
#993756

Panama City Beach

9900 S Thomas Drive 2306

None Beds

1 Baths

473 Sq.Ft.

$290,900

MLS#: 993756

This updated beachfront condo offers a smart and efficient layout with designated living, dining, and kitchen areas that maximize every square foot. Large sliding glass doors open to an oversized private balcony overlooking the Gulf Coast, where you can enjoy breathtaking coastal views and the soothing sound of waves from the 19th floor. Look below and take in views of the resort-style pool featuring tiki huts, a zero-entry design, palm trees, and plenty of lounge space. A private dock provides quick access over the white sand, placing your toes directly in the emerald waters. Additional amenities include an indoor pool, spa, fitness center, and high-level security with a private parking garage. The Shores of Panama complex is nearing completion of a cosmetic face-lift, adding future value to each unit. This property is ideal as a short- or long-term rental, primary residence, or second home for those seeking relaxation with flexibility. Sitting within a short distance to the pier, popular local restaurants, and everyday conveniences, this condo has proven to be a lucrative investment!
#784020

Panama City

9900 S Thomas Drive 1905

None Beds

1 Baths

473 Sq.Ft.

$285,000

MLS#: 784020

There's absolutely no better investment in Panama City Beach than a studio condo at Shores of Panama! These units will maximize your rental income year after year, with this unit already booked 100% of the time between now and the end of February, 2026 if you choose to keep the current bookings! These units are also ideal as a personal beach getaway! Enjoy the unbeatable central location within walking distance to some of the beach's best dining, attractions and shopping - plus the world famous Pineapple Willy's is directly next door! This 11th floor gem boasts new/upgraded flooring, brand new A/C unit with 10 year warranty, crown molding, new full size front loading washer and dryer, new Polywood balcony chairs, and brand new fridge/freezer, which is all included in the purchase. This is a HOT listing and will not be available for long!
#777382

Panama City Beach

9900 S Thomas Drive 1106

None Beds

1 Baths

473 Sq.Ft.

$280,000

MLS#: 777382

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