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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
72
# of Listings
1
Avg # of Bedrooms
$2,432
Avg. $ / Sq.Ft.
$396,451
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

63 Properties Found. Page 4 of 5.

Turnkey Investment Opportunity | Shores of Panama - 1 Bedroom, 2 Bath Condo with Proven Rental History: 2023 / $43,525 2024 / $41,853 2025/$32,048 thru July. This updated and renovated 1-bedroom, 2-bath condo at Shores of Panama is a proven income producer with 3 consecutive years of strong rental history. Fully furnished and rental-ready, this property is the ideal turnkey investment for those looking to capitalize on Panama City Beach's thriving vacation rental market. The efficient floor plan comfortably accommodates guests with a private bedroom, hallway bunks, sleeper sofa, and two full bathrooms - a rare feature that enhances guest satisfaction and boosts rental demand. Recent updates, modern finishes, and tasteful décor ensure excellent guest reviews and repeat bookings. Shores of Panama remains one of the highest-demand resorts on the Gulf Coast, offering unmatched amenities including a lagoon-style beachfront pool, hot tubs, indoor pool, fitness center, on-site dining, tiki bars, and direct beach access - all major draws for vacationers. With a proven track record of income production, prime location, and resort-style amenities, this condo is a smart addition to any investment portfolio.
#777822

Panama City Beach

9900 S Thomas Drive 1916

1 Beds

2 Baths

907 Sq.Ft.

$325,000

MLS#: 777822

Lower Floor Alert! w/ Same Floor designated parking! Beach front condo with great revenue potential. Low floors are golden ROI at Shores of Panama. Parking is literally right around the corner from front door. You are just steps from parking to door~ No Elevators! Spectacular View of the Gulf and Pool! - Sleeps 6. If you are familiar with Shores of Panama - You know its a Rental Machine and Summer 2025 is booking now! Stucco Renovations complete on this particular unit. Also, this condo is already turn-key and on a popular rental program. Nothing to do! Currently, Shores of Panama is undergoing a major exterior facelift, and will be so beautiful when complete, which will put your investment well ahead of the others in PCB. The new Florida Condo Requirements are fast approaching for other resorts in town, and Shores of Panama will be complete, ahead of the game, and ready to capitalize maximum profit. Once Shores facelift is complete, there will be no stopping it. It will be the premier place to be in PCB. The price tag on a beachfront low floor unit like this will never be again. Don't miss this opportunity to capitalize on a ''buy now price''. Adding this to your portfolio will ensure years of ROI success. Rentals will continue strong during construction. Shores of Panama is a 23 story Tuscany style condominium complex in the heart of Panama City Beach, and right next door to the world-famous Pineapple Willys restaurant. Shores of Panama has unbeatable amenities, including a massive lazy river style gulf-side pool and hot-tub, tiki bars, food bars, indoor pool, garage parking, and a fitness center.
#772002

Panama City Beach

9900 S Thomas Drive 1009

1 Beds

2 Baths

864 Sq.Ft.

$325,000

MLS#: 772002

PANORAMIC GULF VIEWS + VACATION-READY! Perched on the 15th floor of the iconic Shores of Panama, this turnkey beach retreat sets you up for an incredible vacation-rental opportunity and an effortless coastal escape. Step onto the private balcony and take in sweeping, unobstructed views of the emerald waters and sugar-white sand--sunrise coffee and sunset colors never get old. From the beach boardwalk, your toes are literally steps from the shoreline. Shores of Panama delivers true resort living: a massive lagoon-style pool with tropical landscaping, hot tubs, a tiki bar and grill, and direct beach access--plus an indoor heated pool for year-round enjoyment. Onsite conveniences include a fitness center, spa/sauna, coffee shop, and covered parking, with security and front-desk services that make guest turnover smooth and welcoming. The location puts the best of Panama City Beach within easy reach. Walk next door to Pineapple Willy's for gulf-front dining, pop across the street for quick groceries, or head a few minutes to Shipwreck Island Waterpark, WonderWorks, and Ripley's Believe It or Not. Charter a fishing trip, rent jet skis, or spend the day exploring St. Andrews State Park. Pier Park's shopping, restaurants, concerts, and events are just a short drive awaykeeping calendars full and occupancy strong throughout the seasons. Whether you're building an investment portfolio or looking for a beach home you can enjoy between bookings, this Shores of Panama residence checks all the boxes: postcard-worthy views, resort amenities, and a walkable, central PCB location.
#987158

Panama City Beach

9900 S Thomas Drive UNIT 1509

1 Beds

2 Baths

864 Sq.Ft.

$320,000

MLS#: 987158

PANORAMIC GULF VIEWS + VACATION-READY! Perched on the 15th floor of the iconic Shores of Panama, this turnkey beach retreat sets you up for an incredible vacation-rental opportunity and an effortless coastal escape. Step onto the private balcony and take in sweeping, unobstructed views of the emerald waters and sugar-white sand—sunrise coffee and sunset colors never get old. From the beach boardwalk, your toes are literally steps from the shoreline. Shores of Panama delivers true resort living: a massive lagoon-style pool with tropical landscaping, hot tubs, a tiki bar and grill, and direct beach access—plus an indoor heated pool for year-round enjoyment. Onsite conveniences include a fitness center, spa/sauna, coffee shop, and covered parking, with security and front-desk services that make guest turnover smooth and welcoming. The location puts the best of Panama City Beach within easy reach. Walk next door to Pineapple Willy's for gulf-front dining, pop across the street for quick groceries, or head a few minutes to Shipwreck Island Waterpark, WonderWorks, and Ripley's Believe It or Not. Charter a fishing trip, rent jet skis, or spend the day exploring St. Andrews State Park. Pier Park's shopping, restaurants, concerts, and events are just a short drive away—keeping calendars full and occupancy strong throughout the seasons. Whether you're building an investment portfolio or looking for a beach home you can enjoy between bookings, this Shores of Panama residence checks all the boxes: postcard-worthy views, resort amenities, and a walkable, central PCB location.
#779934

Panama City

9900 S Thomas Drive 1509

1 Beds

2 Baths

864 Sq.Ft.

$320,000

MLS#: 779934

***33,229 RENTAL INCOME AFTER PM FEES FOR 2025*** Gulf-front condo offering breathtaking views of the Gulf from both the private balcony and the spacious master bedroom. This smartly designed, fully furnished unit features a full bedroom with a private en-suite bathroom, a cozy hallway bunk nook perfect for kids or extra guests, and a second full bathroom for added comfort. The unit also includes a full-sized washer and dryer, offering convenience whether you're staying short-term or long-term. Located right on the beach, this condo offers direct access to the sugar-white sands and features resort-style amenities including a sparkling pool, private beach access, fitness center, covered parking and is steps away from local entertainment.
#976929

Panama City Beach

9900 S Thomas Drive 2226

1 Beds

2 Baths

936 Sq.Ft.

$315,000

MLS#: 976929

Price reduced
OWNER FINANCE AVAILABLE: 15% down, 6.5% interest rate, 2 year balloon payment. It doesn't get anymore reasonable than this. Welcome to Unit 1408 at Shores of Panama -- a coastal retreat offering stunning Gulf views and resort-style living! This beautifully furnished condo features an open floor plan, private balcony overlooking emerald waters, and stylish finishes. Enjoy a lagoon-style pool, hot tubs, indoor pool, fitness center, spa, tiki bars, and beach access. Located next to Pineapple Willy's, shops, dining, and entertainment. Don't miss your chance to own a slice of paradise -- schedule your showing today!
#974596

Panama City Beach

9900 S Thomas Drive 1408

1 Beds

2 Baths

804 Sq.Ft.

$310,000

MLS#: 974596

Price reduced
OWNER FINANCE AVAILABLE: 15% down, 6.5% interest rate, 2 year balloon payment. It doesn't get anymore reasonable than this. Experience stunning Gulf-front views from this beautifully furnished 1BR + bunk, 2BA condo on the 14th floor at Shores of Panama. This open-concept unit features luxury tile flooring, granite countertops, and a private balcony overlooking emerald Gulf waters. Ideal as a beach getaway or high-performing rental, the resort includes a lagoon-style pool, indoor pool, hot tub, fitness center, spa, tiki bars, and direct beach access. Located in the heart of PCB, you're steps from Pineapple Willy's, shopping, dining, and entertainment. Don't miss your chance to own paradise--schedule a private showing today!
#975205

Panama City Beach

9900 S Thomas Drive 1410

1 Beds

1 Baths

907 Sq.Ft.

$310,000

MLS#: 975205

OWNER FINANCE AVAILABLE: 15% down, 6.5% interest rate, 2 year balloon payment. It doesn't get anymore reasonable than this. Plenty of room to CASH FLOW!!! IF YOU ARE SELF-EMPLOYED AND DON'T WANT TO DEAL WITH THE BANKS FIRST-HAND, TAKE ADVANTAGE OF THIS OPPORTUNITY TO HIGH SAVE CLOSING COSTS AND CLOSE QUICK!! CALL FOR MORE DETAILS ON TERMS AND SCHEDULE A TOUR!! Check out unit 1408 — where stunning Gulf views and resort-style amenities create the perfect coastal retreat! This meticulously furnished condo boasts chic interiors that seamlessly blend comfort with contemporary elegance. Step into a world of sophistication with tastefully curated furnishings that enhance the overall ambiance of this stunning condo. This kind of design is what helps you capitalize on the amazing rental income, as guests appreciates the space they get to build memories in with their family. Although it's a 1 bedroom, the dedicated bunk room adds a playful touch to the space, providing cozy accommodations for a memorable stay. This floor plan is more sought-after because it give that flexibility to host more guests which generates more bookings. Shores of Panama is one of Panama City Beach's most sought-after destinations, featuring a lagoon-style pool, hot tubs, DEEDED parking, indoor pool, fitness center, spa services, tiki bars, and direct beach access. Conveniently located next to Pineapple Willy's and close to shopping, dining, and entertainment — the best of PCB is right at your doorstep. Don't miss your chance to own a piece of paradise — schedule your private showing today!
#772344

Panama City Beach

9900 S Thomas Drive 1408

1 Beds

2 Baths

864 Sq.Ft.

$310,000

MLS#: 772344

OWNER FINANCE AVAILABLE: 15% down, 6.5% interest rate, 2 year balloon payment. It doesn't get anymore reasonable than this. Plenty of room to CASH FLOW!!! IF YOU ARE SELF-EMPLOYED AND DON'T WANT TO DEAL WITH THE BANKS FIRST-HAND, TAKE ADVANTAGE OF THIS OPPORTUNITY TO HIGH SAVE CLOSING COSTS AND CLOSE QUICK!! CALL FOR MORE DETAILS ON TERMS AND SCHEDULE A TOUR!! Experience breathtaking Gulf-front views from this beautifully furnished 1-bedroom + bunk, 2-bath condo located on the 14th floor of the sought-after Shores of Panama Resort. This spacious, open-concept unit offers the perfect blend of comfort and style, featuring luxury tile flooring, an updated kitchen with granite countertops, and a private balcony overlooking the sparkling emerald waters of the Gulf of Mexico. Whether you're looking for a relaxing beach escape or a high-performing vacation rental, this condo checks all the boxes! The resort offers a lagoon-style beachfront pool, indoor heated pool, hot tub, fitness center, spa, tiki bars, and direct access to the sugar-white sands of Panama City Beach. Conveniently located in the heart of PCB, you're just steps away from Pineapple Willy's, shopping, entertainment, and dining. Don't miss this opportunity to own your slice of paradise — schedule your private showing today and make every day feel like a vacation!
#772537

Panama City

9900 S Thomas Drive 1410

1 Beds

1 Baths

911 Sq.Ft.

$310,000

MLS#: 772537

New on site 2 days ago
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.

$309,900

MLS#: 784205

New on site 2 days ago
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.

$309,900

MLS#: 993756

TILED THROUGHOUT AND PRICED TO SELL! This is the ''C'' plan that is a 2bd/2bth plan with the double balcony. GULF-FRONT MASTER BEDROOM AND GULF-FRONT LIVING ROOM. Bunk room and master bathroom both have had door added. Great views to the pool and the gulf. Some TLC needed, but a great price. BALCONY REPAIRS HAVE ALREADY BEEN COMPLETED!
#769634

Panama City

9900 S Thomas Drive 2016

2 Beds

2 Baths

907 Sq.Ft.

$299,000

MLS#: 769634

This unit did $44,831 in rental income In 2024! Discover your perfect beach getaway in this charming 2-bedroom, 1.5-bathroom condo with bonus bunk area. Wake up to breathtaking gulf views and enjoy direct beach access. The spacious open-concept living area is filled with natural light, leading to a private balcony overlooking the sparkling Gulf of Mexico. The kitchen features ample counter space and a breakfast bar. The master suite includes a private bath and generous closet space. Ideal for families or rentals, this condo offers a fantastic coastal lifestyle with nearby dining, shopping, and entertainment. Shores of Panama offers many resort style amenities! A colossal lagoon pool, private beach access, tiki bars, hot tub, indoor heated pool, fitness center, sauna, steam room, and a spa! Don't miss this opportunity! Updates include: repainted the entire condo. Replaced furniture just last year and most of the lights and fans. Replaced curtains. New Patio Furniture. New artwork.
#780891

Panama City Beach

9900 S Thomas Drive 2010

1 Beds

1 Baths

911 Sq.Ft.

$299,000

MLS#: 780891

🔥 WOW! $25,000 Reduction! 🔥 Yes—the balcony construction is complete, and this condo is move-in and rental-ready! Wake up to breathtaking Gulf views from this beautifully updated 1BR + Bunk, 2BA condo at the sought-after Shores of Panama. Comfortably sleeping up to 6 guests, this fully furnished unit showcases thoughtful upgrades and stylish coastal décor throughout. ✨ Interior Highlights Modern kitchen with like-new appliances and upgraded essentials Premium mattress in the master bedroom for added comfort Custom-built, adult-rated bunk beds with a fun beach mural and sliding barn door High-quality furnishings designed for both personal enjoyment and rental appeal 🏖️ Additional Perks Reserved parking space (#2008), prepaid through 2026 Private storage unit with shelving on the same floor, also prepaid through 2026 🌴 Resort Lifestyle at Shores of Panama 14,000+ sq. ft. lagoon-style pool with zero entry Indoor/outdoor hot tubs, heated indoor pool & relaxing sauna Two tiki bars: handcrafted cocktails + locals' favorite food (don't miss the wings & seafood boil!) On-site coffee & donut shop + a spacious 3-room fitness center (free for owners/guests) 📍 Prime Location Steps from Pineapple Willy's and across from Walmart Walk to shopping, dining, and attractions like Ripley's Believe It or Not & WonderWorks New nearby additions: Dolly Parton's Pirates Voyage Dinner & Show, Top Golf, and more! This property offers the perfect blend of strong rental income potential and personal getaway comfort—all in one of Panama City Beach's most desirable Gulf-front resorts. 📂 Additional details available in the Document Section. (Buyers should verify if important.)
#770443

Panama City

9900 S Thomas Drive 2008

1 Beds

2 Baths

864 Sq.Ft.

$299,000

MLS#: 770443

Experience unbeatable views from this 21st-floor Gulf-front condo at Shores of Panama. This C(R) Plan boasts 1-bedroom plus bunk room, 2-bathrooms and features 907 square feet of well-designed living space with a direct view of the white sand and emerald water. Interior highlights include updated kitchen cabinets, modern appliances, and a newer washer and dryer. Tile flooring runs throughout, making maintenance a breeze and adding long-lasting durability. The bunk room includes its own private bath, perfect for guests or rental flexibility. Shores of Panama offers resort-style amenities including a 14,000 sq. ft. lagoon-style pool, indoor and outdoor hot tubs, a full fitness center, game room, two tiki bars, and the Shoreline Bar & Grill. Direct beach access and a short walk to popular restaurants, shops, and entertainment make this one of Panama City Beach's most desirable destinations.
#781137

Panama City

9900 S Thomas Drive 2114

1 Beds

2 Baths

907 Sq.Ft.

$295,000

MLS#: 781137

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