Address
7205 Thomas Drive E206, Panama City, FL
Price
$ 813,000
Property Attributes
- MLS#789996
- TypeCondos
- Listing Status Active
- CountyBay
- CityPanama City
- Area03 - Bay County - Beach
- NeighborhoodDunes Of Panama Phase V
- Zip32408
- Style
- Year Built1985
- Taxes$ 6818
- Price$ 813,000
- Bedrooms3
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1480
Data Source:
Central Panhandle Association of REALTORS® (CPAR)
Property Description
Experience Gulf-front living at Unit E206 at Dunes of Panama, a fully furnished and turnkey condo perfectly positioned on the white sands of Panama City Beach. This beautifully maintained unit offers spacious living areas, a private balcony, and strong vacation rental potential, making it ideal as a primary residence, second home, or income-producing investment. The property is being sold fully turnkey with established rental management already in place for a seamless transition for the next owner. An added bonus is the inclusion of a separate deeded garage space with the purchase -- a rare and highly desirable feature in Panama City Beach. Residents and guests enjoy resort-style amenities including beachfront pools, tennis courts, fitness facilities, on-site dining, and direct beach access, all conveniently located near shopping, restaurants, and local attractions..
| Elementary School | Middle School | High School |
|---|---|---|
| Patronis Elementary School | Surfside Middle School | Arnold High School |
| Price History | |
|---|---|
| 5/17/2026 | Listed $839,500 |
| 6/8/2026 | Listed $838,000 |
| 7/18/2026 | 1$833,000 |
| 8/5/2026 | 2$813,000 |
General Features
| Sewer | PublicSewer |
|---|---|
| Utilities | CableConnected,ElectricityAvailable |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Community Features | Barbecue,CommunityPool,ShortTermRentalAllowed |
| County | Bay |
| Property Type | Residential |
| HOA | true |
| Subdivision Name | Dunes Of Panama Phase V |
| Status | Active |
| Directions | From Panama City Beach Parkway (Back Beach Rd), head south on Richard Jackson Boulevard and turn left onto Front Beach Road. Continue east on Front Beach Road, then turn right onto Thomas Drive. Proceed approximately 1.5 miles, and the property will be located on the left at 7205 Thomas Dr, Panama City Beach, FL 32408. |
| High School | Arnold |
| City | Panama City |
| 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 | Barbecue |
| Occupancy Type | Vacant |
| Waterfront Features | Gulf |
| Year Built | 1985 |
| Association Fee Includes | FitnessFacility,MaintenanceGrounds,Pools,RecreationFacilities,TennisCourts |
| Heating | Central |
| Cooling | CentralAir |
| Appliances | ElectricCooktop,ElectricRange |
| Patio/Porch Features | Balcony |
| View | Gulf,Water |
| Attached Garage | false |
| Garage Y/N | false |
| Total Rooms | 3 |
| Full Baths | 3 |
| Architectural Style | LowRise |
| HOA Fee | 1249.39 |
| Assoc Fee Paid Per | Monthly |
| Pool Features | Community |
| Security Features | SecurityGate,TwentyFourHourSecurity,SecurityGuard |
| Unit Number | E206 |
| New Construction | false |
| Accessibility | AdaptableForElevator |
Interior Features
| Total Baths | 3 |
|---|---|
| Interior Amenities | Balcony,HandicapAccess,MainLevelPrimary |
| Furnished Units | AllUnits |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 3 |
| LivingAreaSource | Appraiser |
Exterior Features
| Lot Dimensions | 1976 sq ft |
|---|---|
| Building Area Total | 1480 |
| Waterfront Y/N | true |
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
In The Neighborhood
Panama City Beach
$ 667,500
7205 Thomas Drive E1206
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,975 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 469,000
7205 Thomas Drive 1205
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,000 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 459,000
7205 Thomas Drive E303
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,289 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 495,000
7205 Thomas Drive E1704
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,289 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 725,000
7205 Thomas Drive E1701
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,975 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City Beach
$ 450,000
7205 Thomas Drive E704
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,289 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 525,000
7205 Thomas Drive E904
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,286 SqFt
- Rooms
- 2 Beds + 2 Baths
Panama City Beach
$ 889,000
7205 Thomas Drive E601
Panama City Beach, FL 32408
- Type
- Condos
- Size
- 1,975 SqFt
- Rooms
- 3 Beds + 2 Baths
Panama City
$ 499,000
7205 Thomas Drive 1504
Panama City, FL 32408
- Type
- Condos
- Size
- 1,000 SqFt
- Rooms
- 2 Beds + 2 Baths
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
