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Shores of Panama

Here is a list of all of our articles that had information regarding the Shores of Panama in Panama City Beach, Florida.

Condominium "no lend list"

If you are looking for a Panama City Beach condo, loan options may be different than you would expect for a secondary residence. I have written the following article, Condominium loans in Panama City Beach, to explain why. The article's main point is that qualified buyers who put at least 20% down can get a 5-year ARM or a 15-year fixed-rate mortgage. As of February 2017, qualified buyers can expect to get a 5 year arm amortized over 30 years with a rate of roughly 4.5%.

Jury awards Shores of Panama association $12 million

Close to $12 million in damages have been awarded by a jury to the Shores of Panama Resort Community Association following a lawsuit against some of the association's former directors.

One of the claims made by the association was that they were prevented from owning the beach located behind the condos by the former directors. They have also contended that they were deprived of rental revenues from services offered at the beach.

Limited lending options at Shores of Panama

Shores of Panama loses most popular loan program on condos in Panama City Beach.

I recently wrote an article covering the financing options available for condos in Panama City Beach. The article illustrated a condo loan program at Gulf Bank for 3- and 5-year ARMs with as little as 20% down. Shores of Panama lost that financing option at the beginning of March 2013.

Updated March.31.2015 - Shores of Panama association board of directors voted to keep their same insurance provider and coverages.  This means it is unlikely that this building will have normal condominium loans offered for another year.  This is the largest obstacle preventing common lending options at this location.

Shores of Panama

Shores of Panama

The Shores of Panama is a waterfront condominium located in Panama City Beach, FL along the Gulf of Mexico. The construction of this development was finished in 2007 with 709 condominium units on 23 floors. Each floor offers 31 units with a good selection of floor plans from studios up to three bedrooms.

The Shores of Panama development has a Mediterranean atmosphere with its unique architecture, covered parking, open lobby and 468 feet of waterfront footage along the Gulf. This condominium is predominantly known for its lagoon pool area. In addition, the covered entrance welcomes its residents and their guests in a grand fashion. Buyers currently have limited lending options at Shores of Panama.  For more info info on the loans available click here.

Waterfront Panama City Beach Real Estate

Waterfront homes in Panama City Beach Florida can be more of an adventure than a search. We have simple easy to view listings in the Panama City Beach area that give you more of you are looking for and less of what you are not. We have separate and distinct searches for Panama City Beach houses, Bay Front homes, Panama City Lake Front homes, and Panama City Gulf front homes in the area. We also have Panama City waterfront real estate lot searches that will be very helpful. This should help you in your search for Panama City Beach Real Estate.

Panama City Beach condos for sale

Looking for condos for sale in Panama City Beach can be a daunting task. We can help you in a number of ways. Our website provides a host of information including listings, floor plans, pictures, and more. We also have agents that are true experts in condominiums. With a little information, they can give suggestions on which buildings may best suit you.