| Property Type: Condominium |
| MLS #: | 995928 | Price: | $645,000.00 | Year Built: | 2007 | Square Feet: | 1400 | Bedrooms: | 3 | Bathrooms: | 3 Full |
| HOA Fees: | $4,500.00 | Lot Size: | Not available | Lot Dimensions: | Not available |
Subdivision: Shores Of Panama Phase I
Description:
Investor opportunity at Shores of Panama. This 3BR/3BA penthouse sits on the coveted end of the U-shaped building, placing it directly on the Gulf with sweeping beach views from an expansive wrap-around balcony, a rare feature that strongly appeals to vacation renters. The spacious layout comfortably accommodates larger groups, one of the most sought-after segments of the PCB rental market. Penthouse elevation, Gulf-front exposure, and the 3-bedroom configuration give this unit a competitive advantage for both nightly rate and occupancy. Shores of Panama offers a lagoon-style Gulf-front pool, hot tubs, fitness center, and direct beach access, all within walking distance of Pineapple Willy`s and area attractions. Well-positioned 3BR units here generate approximately $80K-$90K annually
Waterview: Gulf
Waterfront: Gulf
Project Facilities: BBQ Pit/Grill, Beach, Community Room, Deed Access, Dumpster, Elevators, Exercise Room, Pool, TV Cable, Waterfront
Construction/Siding: Concrete
Exterior Features: Balcony
Interior Features: Breakfast Bar, Furnished - All, Window Treatment All
Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Stove/Oven Electric, Washer
Utilities: Electric, Public Sewer, Public Water, TV Cable
Energy: AC - Central Elect, Heat Cntrl Electric, Water Heater - Elect
Master Suite: MBed First Floor
Financing: Conventional
Fees Include: Ground Keeping, Internet Service, Master Association, Security, Sewer, TV Cable, Water
| Elementary School: | Breakfast Point | Middle School: | Breakfast Point | High School: | Arnold |
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This listing provided courtesy of Luxe Coastal Realty.
This information was last updated on 4/9/2026 9:02:48 PM.
All information in this listing is approximate. Buyers are expected to verify any specific information prior to signing any contract. Neither Brandon Jordan, ERA American Real Estate, ECAR, nor any other Realtor is liable for any inaccuracies herein.
All listings are provided courtesy of the Emerald Coast Association of Realtors, copyright 2026. All rights reserved.