Shores Posts HUGE Sales Numbers – 35 SOLD

In what many would call a nearly impossible feat in a difficult real estate market, Shores of Panama in Panama City Beach has posted some pretty big sales numbers in the last few months.  With condos ranging in size from studio to three bedrooms and 16 floorplans to choose from, there’s surely a good breadth of selection.  What’s the secret to selling in this market?

The secret is a combination of the right price and diligent and strategic efforts by the sales team.

Buyers today are looking for a perfect combination too.  There is a fine balance between the right price per square foot and what you get for that price.  Condos up and down the beach in Panama City Beach range from $220 per square foot on up to over $240 per square foot, depending on size and amenity package.  Determining that right price is as much an art as it is a science, and if missed, the process of selling can become extremely risky fast.

So, what makes Shores of Panama so successful? When they walk in, buyers are greeted by oversized everything.  The appurtenances are many and filled with rich colors, and it is easy to be overwhelmed (in a quite pleasant way) by the attention to detail, all the way down to the color of the 1 inch mosaic tile inlaid in the tile floor.  Nothing about how the lobby is designed was left to accident, and it is this lobby that the buyers pass through to meet the sales staff.  The pool deck is one of the most talked about features of Shores of Panama.  Filled with over 13,000 square feet of water and surrounded by equally as much decorated, paver pool deck, you have a truly unspoiled tropical experience with a Emerald-green, Gulf backdrop.

“When I was at Shores, I felt like I was teleported to the Caribbean,” one visitor recently told me, “it was really unlike anything I had seen in Panama City Beach.”

While the pool is by far the largest amenity at Shores, other features that finish off this experience include a completely full-service spa, work-out facility, huge Gulf-side hot tub with stacked stone privacy wall, sunset beach-bar and tons more.

So, among that 35, what’s sold?  8 one bedrooms, 24 two bedrooms and 3 three bedrooms.  The L plan just happens to be the most popular of the 2 bedroom with their having the master and living on the Gulf and a huge 200 square foot balcony.  With a sales price of $260,000 you can’t go wrong!  That’s almost half what they were selling for when this building was first selling.  The average price per square foot is just a hair over $233.

The package at Shores of Panama consists of more than a great price, it is the perfect combination of price and amenities.  With its central location, unique styling and larger than life amenities, the Shores of Panama is a great buy in 2009.