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7205 Thomas Drive E706, Panama City Beach, FL 32408

DUNES OF PANAMA PH 5 CONDO · Bay County

Key Facts

3Beds
2Baths
1,974Sq Ft
1985Year Built
1Garage

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.

Property Information

Property Type

Residential

Sub-Type

Condominium

Style

N/A

Year Built

1985

Living Area

1,974 sq ft

Garage Spaces

1

Parking Spaces

1

Days on Market

149

MLS® Listing#

993187

Property Features

Interior

Breakfast BarCrown Molding

Exterior

Outdoor GrillBalconyTennis Court(s)

Appliances

CooktopDishwasherDisposalDryerMicrowaveRefrigeratorWasherElectric Water HeaterSelf Cleaning OvenElectric Oven

Cooling

Central AirCeiling Fan(s)Electric

Heating

CentralElectric

Flooring

TileCarpet

Pool

In GroundCommunity

Parking

DeededGarageDetached

Lot Features

Waterfront

Construction

ConcreteStucco

Security

Smoke Detector(s)

Community

Pool

Utilities

Cable AvailableElectricity Available

Sewer

Public Sewer

Water Source

Public

Rooms

  • Bedroom16 x 12First
  • Bedroom14 x 12First
  • Dining Room14 x 10First
  • Kitchen12 x 9First
  • Living Room16 x 16First
  • Master Bedroom16 x 14First

Schools

Elementary:
Patronis
Middle:
Surfside
High:
Arnold

Financial Details

HOA

$1,746 / Monthly

Assessed Value

$1,746

Parcel Number

30840-786-000

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.

Affordability Calculator

$149,800

Estimated monthly payment

$3,986/mo

Principal $599,200 · Est. interest $835,937 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Panama City Beach, FL

$472,027
Median Listing Price
115
Median Days on Market
1,451
Median Sq Ft
$353
Median Price / Sq Ft
31,335
Active Listings
  • This home’s price is 59% above the area median.
  • Its price per sq ft is 7% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Panama City Beach, FL.

Location

Map showing the location of 7205 Thomas Drive E706, Panama City Beach, FL 32408

Points of Interest in Panama City Beach, FL

Showing the Panama City Beach area map.

Nearby Schools

  • Patronis Elementary School

    Elementary · 1.1 mi away

  • Twisted Fork Culinary Classroom

    School · 1.8 mi away

  • St Bernadette Early Childhood Development Center

    School · 2.5 mi away

  • Primary Prep School

    Elementary · 2.6 mi away

  • Learning Tree II-Child Development Center

    School · 3.2 mi away

  • Stacey's Fun in the Sun Preschool 2 Inc.

    School · 3.2 mi away

  • Breakfast Point Academy

    School · 3.7 mi away

  • Arnold Pre K

    Secondary · 3.9 mi away

  • JR Arnold High School

    Secondary · 4.0 mi away

  • Surfside Kids Academy

    School · 4.4 mi away

  • Lucille Moore Elementary School

    Elementary · 4.5 mi away

  • St Andrew School

    School · 4.5 mi away

  • Hutchison Beach Elementary School

    Elementary · 4.7 mi away

  • St. Andrew School at Oakland Terrace

    Elementary · 5.1 mi away

  • Oakland Terrace School for the Arts

    School · 5.1 mi away

  • St John Catholic School

    School · 5.2 mi away

  • Gulf Coast School for Autism

    School · 5.3 mi away

  • Renaissance School International

    School · 5.3 mi away

  • Bacot Academy

    School · 5.5 mi away

  • Covenant Christian School

    School · 5.6 mi away

Commute Calculator

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Moving Cost Estimate

EXIT Agents in Panama City Beach

Listing Courtesy: Keller Williams Realty SRB - 8506542900

IDX property data is provided exclusively for consumers’ personal, non-commercial use, and IDX data may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX data is deemed reliable but is not guaranteed accurate by the MLS. IDX data provided by the Emerald Coast Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by EmeraldCoast. MLS® Listing#993187. © 2026EXIT Realty®. All rights reserved.