A large residential development, Shores of Panama is the ideal second home or rental property.  Located in beautiful Panama City Beach, it offers a more relaxed lifestyle than the Miami area and makes the most of the state’s beautiful Gulf coastline.

Shores of Panama is a 23-story high-rise overlooking the beautiful Gulf of Mexico.  With its Venetian-style architecture and numerous amenities, this residential development has become one of the area’s most popular places to stay and play.

Its $2 million dollar centerpiece includes almost 14,000square feet of pools, fountains, beaches and gardens.  With over 250 lounge chairs, multiple cabanas and day beds spread out on a deck that spans over 22,000 square feet, there’s always a place to relax.

Other amenities include:

• Poolside gourmet food tiki & grill

• Sunset beachside bar

• Gulf-side hot tub with privacy stone wall

• Beach loungers, umbrellas and water sports

• Indoor pool, hot tub and sanctuary

• Private spa with full services

• Fitness center with cardio and weight-training equipment

• Elegant private banquet hall with seating for over 200

• Kids’ club and playground

• Coffee house kiosk

• Gift shop

Panama City Beach boasts over 27 miles of sugar white sand and emerald green waters.  It averages 320 days of sunshine per year with a median temperature of 74 degrees.

The city is known for its great water sports including swimming with dolphins, scuba diving and sport fishing.  It is located just 98 miles southwest of Tallahassee, FL and 297 miles southwest of Atlanta, GA.  Direct flights are offered from many cities throughout the United States.

Shores of Panama has a total of 709 residences, many of which are already owned by individual investors.  In the just-released Resort Condo Collection there are only 280 units, all new and ready for occupancy.  Prices range from $169,900 to $399,900.  Attractive financing options are available with 15- and 30-year fixed rates available for second-home buyers.  Closings can take place within 60 days.