Address
7205 Thomas Drive E706, Panama City Beach, FL
Price
$ 749,000
Property Attributes
  • MLS#993187
  • TypeCondos
  • Listing Status Active
  • CountyBay
  • CityPanama City Beach
  • AreaBay County
  • NeighborhoodDUNES OF PANAMA PH 5 CONDO
  • Zip32408
  • StyleN-A
  • Year Built1985
  • Price$ 749,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1974
Data Source:
Emerald Coast MLS (ECAR)
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
6/3/2026 Listed $749,000

General Features

Utilities Electric,Public Water,TV Cable
Property Subtype Condominium
Community Features Short Term Rental - Allowed,BBQ Pit/Grill,Community Room,Elevators,Picnic Area,Pool,TV Cable
County Bay
Property Type Residential
Subdivision Name DUNES OF PANAMA PH 5 CONDO
Status Active
Buyer Financing Conventional
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 Beach
MLS Area 27 - Bay County
Lot Size Units Acres
Elementary School Patronis
Middle/Junior High School Surfside
MLS Area Minor 2719 - Beach - East
Standard Status Active
Sewer Public Sewer
View Gulf
Waterfront Features Unit Waterfront,Gulf,Shore - Beach,Shore - Natural
Tax Assessed Value 1746
Heating Central
Cooling Ceiling Fans,Central Air
Garage Spaces 1
Architectural Style N/A
Construction Materials Concrete,Stucco
Year Built 1985
New Construction false
Attached Garage false
Total Rooms 6
Carport Y/N false
Property Condition Construction Complete
Association Fee Includes Ground Keeping,Insurance,Management,Recreational Faclty,Repairs/Maintenance,Security,Trash
Pool Features Pool - In-Ground,Pool Type
Unit Number E706
HOA true

Interior Features

Total Baths 2
Interior Amenities Breakfast Bar,Ceiling Crwn Molding,Split Bedroom,Washer/Dryer Hookup
Flooring Floor Tile,Floor WW Carpet
Air Conditioning Y/N true
Heating Y/N true
Furnished Y/N Furnished - All

Exterior Features

Waterfront Y/N true
Exterior Amenities Balcony,BBQ Pit/Grill,Pavillion/Gazebo,Tennis Court
Foundation Details Foundation On Piling
Building Area Total 1974
Parking Features Garage,Deeded,Garage Detached
Total Parking 1

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
Year Built
AVG 1995
1985

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