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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
65
# of Listings
1
Avg # of Bedrooms
$2,655
Avg. $ / Sq.Ft.
$404,204
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

65 Properties Found. Page 4 of 5.

This beautifully updated condo rents like a 3 bedroom that has 3 full baths, and renters love it for that reason. 2 Bedroom, plus bunkroom feels like a 3 bedroom. (Sleeps 8) All new paint and flooring, and stainless appliances. This condo is on a popular rental program and very turn-key. Construction already finished on this balcony! Another bonus, is that the 2 master bedrooms have beautiful sunset and coastline gulf views. Shores is a rental monster and this floorplan does not disappoint! Shores of Panama is one of the best ROI's on the beach. 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 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. Stucco Construction is complete on this unit, so it's ready for summer rental .
#782515

Panama City Beach

9900 S Thomas Drive 2107

2 Beds

3 Baths

1,148 Sq.Ft.

$334,000

MLS#: 782515

Rare ''F'' stack unit at Shores of Panama- Turnkey and Rental Ready! This rarely available Shores of Panama ''F Stack'' unit is the complete package- ideally located just steps from the elevator, with a reserved parking spot just steps from the front door! This 11th floor Gulf front unit boasts updated flooring, stylish beach-inspired decor, modern light fixtures, and high end appliances- all of which convey with the sale. It is also one of very few units in the entire building that offer a private patio with a direct view the Gulf! This unique layout and ideal location make this unit an excellent investment opportunity- rental history and rental projections both available upon request! Shores of Panama is widely regarded as a premier resort in Panama City Beach. This 23- story complex sits on Thomas Drive, within walking distance to top restaurants, entertainment, and attractions. With top-tier resort amenities including a massive lagoon style pool, hot tubs, fitness center and more- your guests will have everything they need for a perfect beach getaway. Don't miss this rare opportunity- inquire for details!
#768487

Panama City Beach

9900 Thomas Drive 1110

1 Beds

1 Baths

911 Sq.Ft.

$329,900

MLS#: 768487

Back on the market! (no fault of Seller) Low-Floor Beachfront Luxury + Same-Floor Deeded Parking! This beautifully maintained 1BR + Bunkroom, 2BA condo is located in the highly sought-after Shores of Panama — one of the most amenity-rich Gulf-front resorts in Panama City Beach. Situated on a low floor with a deeded 4th-floor parking spot, you and your guests will enjoy unmatched convenience with quick access and minimal elevator use. Inside, you'll find a spacious king master bedroom with ensuite bath, a separate bunkroom with its own full bath, and sweeping views of the emerald-green Gulf waters from your private balcony. Enjoy breathtaking sunsets by day and twinkling views of the lagoon-style pool area at night. Shores of Panama offers resort-style amenities, including: Over 14,000 sq ft of outdoor pool area with zero-entry Indoor heated pool and sauna Indoor and outdoor hot tubs Two tiki bars serving handcrafted cocktails and a delicious food menu (best wings and seafood boil around!) Coffee & donut shop in the lobby 3-room fitness center (free for owners & guests) Located in the heart of PCB — across from Super Walmart and steps from Waffle House, Pineapple Willy's, The Wharf Buffet, and other restaurants and shopping. Walk to Ripley's Believe it or Not, WonderWorks, ZooWorld, and more. Coming in 2025: TopGolf, Dolly Parton's Pirates Voyage Dinner & Show, and other exciting new attractions! Managed by Azure-Properties, offering additional incentives to new buyers who keep the property on the Azure rental program. 📌 All information deemed reliable but must be verified by buyers if important. 📎 See Documents section for more details.
#770751

Panama City

9900 S Thomas Drive 425

1 Beds

2 Baths

936 Sq.Ft.

$327,900

MLS#: 770751

opportunity! This beautifully maintained 1 bed, 1.5 bath condo offers stunning views of the Gulf of Mexico and is perfect for both relaxation and ROI. Enjoy resort-style living with outdoor pools, and an indoor pool for those rainy days. With numerous amenities, this property promises a luxurious and stress-free lifestyle. Don't miss out—contact your favorite Realtor to schedule your showing today!
#780181

Panama City Beach

9900 S Thomas Drive 1715

1 Beds

2 Baths

907 Sq.Ft.

$325,000

MLS#: 780181

New on site 4 days ago
Rare Endcap unit available just listed for sale. Enjoy beautiful Gulf views from this spacious 1-bedroom, 2-bath condo located at the highly desirable Shores of Panama in Panama City Beach. Unit 2230 offers a comfortable and functional layout, perfect for a primary residence, vacation getaway, or investment property. The bedroom provides a private retreat, while the second full bathroom adds convenience for guests. Step out to take in the sights and sounds of the Gulf, just steps from the sugar-white sand and emerald waters. Shores of Panama is known for its prime beachfront location and proximity to dining, shopping, and entertainment, making this an ideal place to enjoy the beach lifestyle. Comes with its own deeded parking space on floor 11.
#784391

Panama City Beach

9900 S Thomas Drive 2230

1 Beds

2 Baths

951 Sq.Ft.

$325,000

MLS#: 784391

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

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

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

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

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