NOT LISTED FOR SALE

Dunes of Panama 7205 Thomas Dr Unit A-408 Panama City Beach, FL 32408

Estimated Value: $373,000 - $417,000

2 Beds
2 Baths
1,050 Sq Ft
1974 Built

Sale Details

Date Sold: May 6, 2024

Last sale price $400,000 $381 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,515 / mo

60 Days on Market

Highlights

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

About This Home

As of May 2024

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Vacation with your pets at this pet friendly Dunes of Panama 'A' building condo! Enjoy beautiful sunset views from this 2 bedroom, 2 bathroom Gulf Front condo that is literally just steps to the beach, two pools, grills and a poolside tiki bar! This condo will make a great investment property or a second home. Tiled kitchen, dining room, hallways and bathrooms. Remodeled to an open floor plan, redesigned kitchen and remodeled bathrooms. Own your own piece of paradise. The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), tennis courts, basketball, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside.

Last Agent to Sell the Property

Edgar Barnette

Bright Realty Solutions License #SL3527415 Listed on: 12/29/2023

Co-Listed By

Colleen Barnette

Bright Realty Solutions License #3527441

Last Buyer's Agent

Jennifer LaChance

High Tide Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,176

Year Built

  • Built in 1974

Lot Details

Parking

  • Additional Parking

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Electric Cooktop

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Property has a Home Owners Association
  • 63 Units
  • Mid-Rise Community
  • Dunes Of Panama Phase I Subdivision
  • 7-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Elevator

Recreation

  • Beach
  • Park

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,176

Year Built

Built in 1974

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BRS
  • Co List Office Phone: 850-400-8638
  • Subdivision Name: Dunes Of Panama Phase I
  • Architectural Style: Mid Rise
  • Building Stories: 7
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 7

Interior Features

  • Appliances: Electric Cooktop, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Living Room, Primary Bedroom
  • Stories: 7

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Additional Parking
  • Garage: No
  • Attached Garage: No

Utilities

  • Utilities: Electricity Available
  • Security Features: Firewall(s), Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
  • Senior Community: No
  • Amenities: Other, See Remarks, Beach Rights, Barbecue, Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Land Lease: No
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Total: 63
  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 4175.5
  • Tax Year: 2023

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2023
Closed on
May 6, 2024
Sold by
Mayor Rafael D and Mayor Cathy L
Bought by
Norton Paul J and Norton Amanda A
Seller's Agent
Edgar Barnette
Bright Realty Solutions
Buyer's Agent
Jennifer LaChance
High Tide Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
155
Current Estimated Value
$397,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,272
Avg. Annual Appreciation
-0.28%
Original Mortgage
$298,400
Outstanding Balance
$293,018
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$104,710

Purchase Details

Listed on
May 22, 2014
Closed on
Aug 21, 2014
Sold by
Citimortgage Inc
Bought by
Mayor Rafael D and Mayor Cathy L
Seller's Agent
Linda Daniels
Coldwell Banker Residential Real Estate
Buyer's Agent
Joel Reed
CENTURY 21 Ryan Realty Inc
List Price
$195,900
Sold Price
$180,000
Premium/Discount to List
-$15,900
-8.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Apr 24, 2014
Sold by
Hawley Chrys U
Bought by
Citimortgage Inc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Powell Wayne D and Powell Judith A
Bought by
Unger Deloris H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 Buyer Sale Price Title Company
Norton Paul J $400,000 Setco Services
Mayor Rafael D $180,000 Bridgetrust Title Group
Citimortgage Inc $126,000 None Available
Unger Deloris H $300,000 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 Borrower Loan Amount
Open Norton Paul J $298,400
Previous Owner Unger Deloris H $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2024 05/06/24 Sold $400,000 -2.4% $381 / Sq Ft
02/13/2024 02/13/24 Price Changed $410,000 -1.2% $390 / Sq Ft
02/04/2024 02/04/24 Price Changed $415,000 -2.4% $395 / Sq Ft
12/29/2023 12/29/23 For Sale $425,000 +136.1% $405 / Sq Ft
12/25/2022 12/25/22 Off Market $180,000 -- --
09/12/2014 09/12/14 Sold $180,000 -8.1% $188 / Sq Ft View Prior Sale
08/21/2014 08/21/14 Pending -- -- --
05/22/2014 05/22/14 For Sale $195,900 -- $204 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History

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 $4,359 $353,429 -- $353,429
2024 $4,349 $328,408 -- --
2023 $4,349 $298,553 $0 $403,750
2022 $3,393 $271,412 $0 $0
2021 $3,047 $246,738 $0 $0
2020 $2,843 $236,725 $0 $236,725
2019 $2,552 $203,915 $0 $203,915
2018 $2,453 $186,065 $0 $0
2017 $2,172 $169,150 $0 $0
2016 $2,059 $157,250 $0 $0
2015 $2,115 $157,250 $0 $0
2014 $2,057 $153,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Edgar Barnette

    Bright Realty Solutions

    (704) 507-4102

    22 in this area

    26 Total Sales

    Edgar Barnette
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Colleen Barnette

    Bright Realty Solutions

    (704) 650-5878

    23 in this area

    25 Total Sales

    Colleen Barnette
    Section Image

  • J

    Buyer's Agent in 2024

    Jennifer LaChance

    High Tide Realty

  • L

    Seller's Agent in 2014

    Linda Daniels

    Coldwell Banker Residential Real Estate

  • J

    Buyer's Agent in 2014

    Joel Reed

    CENTURY 21 Ryan Realty Inc

See All Agents

About Dunes of Panama

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 750768

Central Panhandle Association of REALTORS®

APN: 30840-036-000

Florida Bay County Panama City Beach 32408

7205 Thomas Dr Unit A-408, 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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