Address
7205 Thomas Drive E706, Panama City, FL
Price
$ 749,000
Property Attributes
  • MLS#783877
  • TypeCondos
  • Listing Status Active
  • CountyBay
  • CityPanama City
  • Area03 - Bay County - Beach
  • NeighborhoodDunes Of Panama Phase V
  • Zip32408
  • Style
  • Year Built1985
  • Taxes$ 6818
  • Price$ 749,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1974
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description

Dunes of Panama 3 bedroom condos are exceptional investment properties. 3 bedroom condos in the E building produce $75,000 - $80,000 gross annual income. Never miss a sunset from this exceptional 3-bedroom, 2-bath end-unit condo, where balcony access from every room creates a seamless connection to coastal breezes and breathtaking Gulf views. Thoughtfully updated, this residence features tile flooring, granite countertops, crown molding, king-sized bedrooms, walk-in closets, and full-size laundry, offering both comfort and refined coastal style. A garage parking space adds rare convenience and value. Dunes of Panama is a truly one-of-a-kind beachfront community, celebrated for its expansive green spaces, resort-style atmosphere, and prime location adjacent to Rick Seltzer Park. Residents enjoy an impressive suite of amenities including three pools, pickleball, tennis, shuffleboard, fitness center, and on-site snack shop. Perfect as a primary residence, second home, or high-performing rental investment, this stunning condo delivers the ultimate beachfront lifestyle. A must-see opportunity with so much to offer. Buyer to verify all information deemed important. This comes with 1 garage space.

Elementary School Middle School High School
Patronis Elementary School Surfside Middle School Arnold High School
Price History
1/19/2026 Listed $749,000

General Features

Sewer Public Sewer
Utilities Cable Connected,Electricity Available,High Speed Internet Available
Property Subtype Condominium
Tax Year 2025
Community Features Barbecue,Beach,Clubhouse,Fitness Center,Game Room,Park,Pool,Shopping,Tennis Court(s),Waterfront,Community Pool,Gated,Short Term Rental Allowed
County Bay
Property Type Residential
HOA true
Subdivision Name Dunes Of Panama Phase V
Special Listing Conditions Listed As-Is
Status Active
Directions On Thomas Dr., condo unit is gulf front. After security gate, vear left. Building E is third on right. Parking is available out front of building or on top of garage. 7th Floor unit.
High School Arnold
City Panama City
Zoning Description Resid Multi-Family
MLS Area 03 - Bay County - Beach
Elementary School Patronis
Tax Annual Amount 6818
Middle/Junior High School Surfside
MLS Area Minor 0323 - Beach - South of Grand Lagoon
Standard Status Active
Property Sub Type Additional Condominium
Association Amenities Beach Rights,Gated,Gazebo,Barbecue,Picnic Area
Occupancy Type Tenant
Waterfront Features Gulf,Shoreline - Sand,Shoreline - Natural
Year Built 1985
Heating Central,Electric
Cooling Central Air,Ceiling Fan(s)
Appliances Electric Cooktop,Electric Oven,Electric Range,Electric Water Heater
Patio/Porch Features Balcony
Construction Materials Concrete,Stucco
View Gulf
Attached Garage false
Garage Y/N true
Total Rooms 6
Full Baths 2
Garage Spaces 1
Architectural Style High Rise
Pool Features In Ground,Community
Security Features Building Security,Gated Community,24 Hour Security,Smoke Detector(s),Security Service
Unit Number E706
New Construction false

Interior Features

Total Baths 2
Interior Amenities Balcony,Main Level Primary,Shower Only,Walk-In Closet(s)
Furnished Units All Units
Air Conditioning Y/N true
Heating Y/N true
Total Bedrooms 3
LivingAreaSource Plans

Exterior Features

Lot Features Paved
Lot Dimensions 0x0
Parking Features Additional Parking
Building Area Total 1974
Waterfront Y/N true
Foundation Details Pillar/Post/Pier

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 32408

Price
AVG $410K
$750K
Taxes
AVG $4,063
$6,818
Year Built
AVG 1995
1985

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