$469,000

Dunes of Panama 7205 Thomas Dr Unit 1205 Floor 12 Panama City Beach, FL 32408

Lower Grand Lagoon Area

Estimated payment $3,903/month

2 Beds
2 Baths
1,000 Sq Ft
$469 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated Parking
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • 4-minute walk to Rick Seltzer Park

About This Home

Wake up to sweeping Gulf views from this beautifully furnished 12th-floor residence in Dunes of Panama Phase V. This two-bedroom, two-bath condominium offers approximately 1,000 square feet and has been thoughtfully remodeled with custom cabinetry, quartz countertops, stainless appliances, refreshed baths, and updated lighting. The spacious 24-foot balcony is positioned for memorable sunsets and coastal breezes, while the primary suite enjoys Gulf views, balcony access, and a private bath. A stacked washer and dryer adds everyday convenience. This gated beachfront community offers direct beach access, pools, tennis courts, grilling areas, community spaces, 24-hour security, and ample parking. Ideally located on Thomas Drive near dining, boating, shopping, and entertainment, this furnished retreat is ready to enjoy as a beach getaway, second home, or vacation-rental opportunity. Community highlights include three Gulf-front pools, pickleball and tennis courts, basketball, shuffleboard, a fitness room, picnic and grilling areas, beach swings, and convenient poolside dining options. All measurements, room dimensions, square footage, features, restrictions, and other information are approximate, not guaranteed, and subject to error or change. Buyers and buyers' agents are responsible for independently verifying all information deemed material to their purchase decision.

Listing Agent

Roger Rietsema

Allison James Estates & Homes License #3080356 Listed on: 09/03/2026

Allison James Estates & Homes

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,566

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $934 Monthly HOA Fees

Parking

  • Gated Parking

Home Design

  • Entry on the 12th floor

Interior Spaces

  • Living Room
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Ice Maker

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deeded access to the beach
  • Covered Patio or Porch

Schools

  • Patronis Elementary School
  • Surfside Middle School
  • Arnold High School

Utilities

  • Electric Water Heater
  • Phone Available

Community Details

Overview

  • Association fees include clubhouse, cable TV, fitness facility, internet, laundry, phone, pool(s), sewer, tennis courts, trash, water
  • High-Rise Community
  • Dunes Of Panama Phase V Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Laundry Facilities

Recreation

  • Beach
  • Community Basketball Court
  • Park

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,566

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

HOA Fees

$934 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Lot Size: N/A
  • Road Frontage Type: City Street
  • Subdivision Name: Dunes Of Panama Phase V
  • Architectural Style: High Rise
  • Entry Level: 12
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Full Bath, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete
  • Patio And Porch Features: Balcony, Covered, Patio

Garage/Parking

  • Parking Features: Gated
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Phone Available
  • Security Features: Security Gate
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 2802.0
  • Community Features: Barbecue, Basketball Court, Beach, Clubhouse, Fitness Center, Gated, Laundry Facilities, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
  • Amenities: Beach Rights, Gated, Barbecue, Picnic Area
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Cable TV, Fitness Facility, Internet, Laundry, Phone, Pool(s), Sewer, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4566.05
  • Tax Year: 2025

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Dunes of Panama

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,231 $368,155 $368,155
2024 $5,231 $401,013
2023 $5,046 $364,557 $0 $446,250
2022 $3,873 $331,415 $0 $331,415
2021 $3,519 $290,063 $0 $290,063
2020 $2,961 $240,125 $0 $240,125
2019 $2,815 $225,250 $0 $225,250
2018 $2,609 $205,275 $0 $0
2017 $2,450 $191,250 $0 $0
2016 $2,477 $179,685 $0 $0
2015 $2,403 $163,350 $0 $0
2014 $2,285 $148,500 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2026 09/03/26 For Sale $469,000 +20.3% $469 / Sq Ft
06/20/2022 06/20/22 Off Market $389,900 -- --
03/24/2021 03/24/21 Sold $389,900 0.0% $390 / Sq Ft View Prior Sale
01/22/2021 01/22/21 Pending -- -- --
12/03/2020 12/03/20 For Sale $389,900 -- $390 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $389,900 Mti Title
Warranty Deed $339,900 Diamond Title Agency Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $398,867 VA
Previous Owner $151,998 Unknown
Source: Public Records

Source: Central Panhandle Association of REALTORS®

MLS Number: 794992

Central Panhandle Association of REALTORS®

APN: 30840-815-000

Florida Bay County Panama City Beach 32408

7205 Thomas Dr Unit 1205, Panama City Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Central Panhandle Association of REALTORS® IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Roger Rietsema
Listing Agent
Roger Rietsema
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Allison James Estates & Homes
(550) 596-5844
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