Shores of Panama Developer Reduces Prices

Written By: Chad On: 10th October 2008 Under: Panama City Condos

As I said in a blog yesterday, our company was invited to Shores of Panama to speak with their sales representatives regarding a new value for the developer units.

As it turns out, the Developer really does want to sell and is pricing the units accordingly. Please note: all units featured were in Phase II of the resort, or in other terms, the east side of the building. Currently, Shores of Panama’s average price per square foot [for active listings] is $376.01. Average sold price per square foot since January 1st, 2008 is $362.37.

Alright, on to what you’ve been waiting for:

  • $373,421 ($257/per sq ft) - Type H – 2 Bedrooms, 3 Bathrooms + Bunk Room, 1,453 sq. ft., 162 sq. ft. balcony, $353.22 HOA dues
  • $299,552 ($253/per sq ft) – Type K – 2 Bedrooms, 3 Bathrooms + Bunk Room, 1,184 sq. ft., 121 sq. ft. balcony, $299.86 HOA dues
  • $241,488 ($258/ per sq ft) – Type N – 1 Bedroom, 2 Bathrooms + Bunk Room, 936 sq. ft., 126 sq. ft. balcony, $250.67 HOA dues
  • $390,400 ($258/ per sq ft) – Type R – 3 Bedrooms, 3 Bathrooms + Bunk Room, 1,523 sq. ft., 133 sq. ft. balcony, $367.51 HOA dues
  • $246,309 ($259/ per sq ft) – Type T – 1 Bedroom, 2 Bathrooms + Bunk Room, 951 sq. ft., 104 sq. ft. balcony, $253.65 HOA dues
  • $361,200 ($258/ per sq ft) - Type U – 3 Bedrooms, 3 Bathrooms, 1400 sq. ft., 270 sq. ft. balcony, $342.71 HOA dues

Floor Plans:

Shores of Panama Developer Sales - K Floor Plan Shores of Panama Developer Sales - H Floor Plan Shores of Panama Developer Sales - N Floor Plan Shores of Panama Developer Sales - R Floor Plan Shores of Panama Developer Sales - T Floor Plan Shores of Panama Developer Sales - U Floor Plan

 Interested? Give us a call at 850-249-6655 or simply contact us online.

8 Responses to “Shores of Panama Developer Reduces Prices”

  1. Barry says:

    Will these condos include parking spots?

  2. Troy says:

    our team leader Art Thompson would know the answer to your question. I have forwarded a copy of it to him. Have a great Saturday!

  3. John Dennis says:

    Troy, where in the building are the R, U, and H units that are for sale? Will all the units for sale face east?

  4. Troy says:

    Hey John! Long time no talk :)

    We have an Excel file with all available units. But from what Joanie told me, the units are in Phase II of Shores of Panama, which I believe face south west. I’ll have Joanie send you the excel file.

  5. Art says:

    I am trying to find out asap. I’ll post the minute I get accurate info.
    Thanks

  6. Art says:

    I would suggest making an offer and including the parking space in the offer. I was told the developer would accept those terms

  7. dc says:

    please post condo/association dues. what are they per month?

  8. Art says:

    I have posted them above. Thanks DC for reminding me.

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