Panama City Beach · Condo Building
Shores of Panama Condos for Sale
Two separately recorded phases at 9900 South Thomas Drive, both standing seaward of the coastal control line inside Bay County's mapped coastal high hazard area.
Yes
Gulf Front
About Shores of Panama
This property is recorded as two condominiums with two declarations. Counted by parcel identifier series, which is the one key the roll cannot misspell, Shores of Panama Phase I holds 411 condominium unit parcels and Shores of Panama II holds 298, both addressed 9900 South Thomas Drive and both carrying a 2007 year built on the Bay County roll. Counting by legal name instead returns one fewer in each phase, because two residences are filed under typing errors, one reading AHORES and the other PANAAM, and a name query walks straight past them. That is worth more than the two units it moves: it is a warning that any figure quoted for this address should be traced to how it was counted. Every one of those 709 residence parcels lies seaward of the 1997 coastal construction control line, which crosses this block at latitude 30.17595, and not one of them is crossed by it, so the conclusion holds for every residence rather than for most of them. A specific furthest distance used to be printed here and has been withdrawn: it did not reproduce on re-measurement, and this page publishes no replacement figure until a second reader derives one. Two further parcels, one common area for each phase, straddle the line rather than sitting wholly seaward, reaching about 281 and 228 feet landward of it, which means the property's whole recorded ground is not all on one side of the line even though every residence is. One correction worth carrying into any conversation about that line: it belongs to the state. Rule 62B-26.024 describes it and gives Environmental Protection as its department, so the agency regulating work beyond it is not the county whose name usually attaches to it. FEMA returns VE with a base flood elevation of 14 feet at points inside each phase, and Bay County also maps the footprint inside its Coastal High Hazard Area, a designation that reached none of the other Panama City Beach addresses tested for this page. Which government regulates the parcel is, unusually, an open question in the public record. The county's municipal boundary layer and its zoning file both place it under Panama City Beach, and so does the city's own city limits layer, while the Census Bureau's incorporated place boundary has excluded it across four separate vintages and the same city's annexation layer records no instrument covering it. A city that draws this ground inside its own limits while its own annexation record shows nothing bringing it there is a sharper conflict than a disagreement between two governments would be. That is not an academic difference, because the city and the county run different rental registration programs, and this page does not pretend to settle it.
HOA & Fees
Two declarations at one address mean two budgets and two reserve schedules, and a document produced for one phase does not describe the other. Both sit in a VE zone at a 14 foot base flood elevation and inside the county's coastal high hazard area, which shapes wind and flood placement, deductible structure and the cost of any future structural work far more than square footage does. Each phase rises far past the height at which a structural integrity reserve study stops being optional, with the statute's own wording for that height, and the compilation year it was read from, set out in this page's sources rather than paraphrased here. Budgets adopted since the end of 2024 can no longer divert what such a study sets aside. Ask which phase a unit belongs to before reading a single figure.
Rental Policy
Which registration reaches this property is genuinely unsettled in the public record. Bay County's municipal boundary and zoning layers both file the parcel under Panama City Beach, and the city's own city limits layer does the same, while the Census Bureau's place boundary has excluded it across four vintages and that same city's annexation layer shows no instrument here. If the county layers are right, the municipal Vacation Rental Certificate applies. If the Census is right, Bay County Ordinance 23-18 governs instead, and that ordinance exempts high rise condominium units outright, reaching only structures of four dwelling units or fewer. Settle it with the city and the county before advertising any stay, and read the phase's own declaration alongside whichever answer comes back.
- Two recorded phases at a single address
- Every residence parcel seaward of the coastal control line
- Inside Bay County's mapped coastal high hazard area
- 709 condominium units across the two phases
Live Inventory
Active Listings at Shores of Panama

$450,000
9900 Thomas Drive Unit 719
Panama City Beach, FL 32408

$265,000
9900 Thomas Drive Unit 1805
Panama City Beach, FL 32408

$570,000
9900 Thomas Drive Unit 1728
Panama City Beach, FL 32408

$300,000
9900 Thomas Drive Unit 1010
Panama City Beach, FL 32408

$295,000
9900 Thomas Drive Unit 510
Panama City Beach, FL 32408

$335,000
9900 Thomas Drive Unit 2213
Panama City Beach, FL 32408

$290,000
9900 Thomas Drive Unit 1410
Panama City Beach, FL 32408

$345,000
9900 Thomas Drive Unit 1917
Panama City Beach, FL 32408

$325,000
9900 Thomas Drive Unit 1408
Panama City Beach, FL 32408

$319,000
9900 Thomas Drive Unit 1412
Panama City Beach, FL 32408

$360,000
9900 Thomas Drive Unit 413
Panama City Beach, FL 32408

$410,000
9900 Thomas Drive Unit 1207
Panama City Beach, FL 32408
The short-term rental badge above is not a permission of record. It reflects the MLS short-term-rental field where a listing discloses one, and otherwise where the home sits. Confirm the association's current rules and the local registration requirement before relying on it.
Showing 12 of 24 active listings at Shores of Panama. See every active listing at Shores of Panama
Building Answers
Shores of Panama FAQ
Is Shores of Panama one condominium or two?
Two. The roll records Shores of Panama Phase I with 411 condominium unit parcels and Shores of Panama II with 298, both at 9900 South Thomas Drive and both carrying a 2007 year built. Those totals come from the parcel identifier series rather than from the legal name, which matters here because two residences are recorded under misspelled names and a name query returns 410 and 297 instead. They hold separate declarations, so budgets, reserve studies and insurance placements are read per phase rather than per address.
What flood exposure does this address carry?
Points tested inside both phases return FEMA's VE zone with a base flood elevation of 14 feet, and Bay County maps the footprint inside its Coastal High Hazard Area. Of the Panama City Beach addresses researched for these pages, this was the only one the county's coastal high hazard layer reached.
Which government regulates rentals at this address?
The record disagrees with itself. Bay County's municipal boundary and zoning layers place the parcel inside Panama City Beach, and so does the city's own city limits layer; the Census Bureau's place boundary excludes it across four vintages and the same city's annexation layer shows no covering instrument. The city drawing this ground inside its limits while its own annexation record shows nothing bringing it there is the part to raise. The two governments run different programs, so an owner should get that answer in writing before letting a unit.
Sources
- Florida Department of Revenue: statewide cadastral parcel layer (accessed August 23, 2026)
- Bay County BayView map service: coastal construction control line (accessed August 23, 2026)
- Florida Administrative Code rule 62B-26.024: Bay County coastal construction control line (accessed August 23, 2026)
- Bay County BayView map service: coastal high hazard area (accessed August 23, 2026)
- City of Panama City Beach: city limits and annexation records (accessed August 23, 2026)
- United States Census Bureau TIGERweb: incorporated place boundaries (accessed August 23, 2026)
- Bay County: short-term vacation rental ordinance 23-18 (accessed August 23, 2026)
- Florida Statutes section 718.112, 2026 compilation: structural integrity reserve study (accessed August 23, 2026)
- FEMA National Flood Hazard Layer: flood hazard zones (accessed August 23, 2026)
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