Address
7205 Thomas Drive D303, Panama City Beach, FL
Price
$ 485,000
Property Attributes
- MLS#786888
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City Beach
- Area03 - Bay County - Beach
- NeighborhoodDunes Of Panama Phase IV
- Zip32408
- Style
- Year Built1982
- Taxes$ 4113
- Price$ 485,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage1050
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the Dunes of Panama Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $46,243, 2025 $47,987 The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickle ball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. All Milestone report repairs are completed and ALL assessments have been paid! All dimensions and information herein are deemed reliable but should be verified by buyer. Showers, flooring, toilets and appliances replaced in 2021. Freshly painted, and new washer/dryer in 2022. New AC, guest bedroom furniture, coffee and end tables in 2024
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 3/16/2026 | Listed $489,000 |
| 6/22/2026 | 1$485,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Electricity Available,High Speed Internet Available |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,Basketball Court,Beach,Clubhouse,Conference/Meeting Room,Elevator,Fitness Center,Park,Pool,Tennis Court(s),Waterfront,Community Pool,Gated,Short Term Rental Allowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Dunes Of Panama Phase IV |
| Special Listing Conditions | Listed As-Is |
| Status | Active |
| Directions | From the corner of Joan Avenue and Thomas Drive, go East (Left) on Thomas Drive for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Security at the entrance. |
| High School | Arnold |
| City | Panama City Beach |
| MLS Area | 03 - Bay County - Beach |
| Elementary School | Patronis |
| Land Lease Y/N | false |
| Tax Annual Amount | 4113 |
| 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,Barbecue,Picnic Area |
| Occupancy Type | Tenant |
| Waterfront Features | Gulf,Shoreline - Sand |
| Year Built | 1982 |
| Association Fee Includes | Association Management,Clubhouse,Cable TV,Fitness Facility,Internet,Maintenance Grounds,Pest Control,Pool(s),Sewer,Tennis Courts,Trash,Water |
| Heating | Central,Electric |
| Cooling | Central Air,Ceiling Fan(s) |
| Appliances | Electric Range,Electric Water Heater |
| Patio/Porch Features | Balcony |
| Construction Materials | Concrete,Stucco |
| View | Gulf,Water |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 4 |
| Full Baths | 2 |
| Architectural Style | High Rise |
| Stories Count | 12 |
| HOA Fee | 915 |
| Assoc Fee Paid Per | Monthly |
| Pool Features | In Ground,Community |
| Security Features | Firewall(s),Security Gate,Gated with Guard,Gated Community,24 Hour Security,Security Guard,Fire Alarm,Smoke Detector(s),Security Service |
| Unit Number | D303 |
| Building Features | Dumpster |
| New Construction | false |
| Senior Community Y/N | false |
| Accessibility | Accessible Entrance |
| Number Of Units Total | 72 |
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 | 2 |
| LivingAreaSource | Plans |
| Total Stories | 12 |
Exterior Features
| Lot Dimensions | 0x0 |
|---|---|
| Road Frontage Type | City Street |
| Parking Features | Additional Parking,Parking Lot |
| Building Area Total | 1050 |
| Waterfront Y/N | true |
| Road Responsibility | Public Maintained Road |
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
Taxes
Year Built
Emerald Coast Association of REALTORS®, Inc. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
Listing data provided by: Central Panhandle Association of Realtors (CPAR)
Information deemed reliable but not guaranteed. The information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
