$475,000
SOLD MAR 4, 2022

Dunes of Panama 7205 Thomas Dr Unit A201 Panama City Beach, FL 32408

2 Beds
2 Baths
1,050 Sq Ft
$467/mo HOA Fee

Recently Sold

$452 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • Gated with Attendant
  • J.R. Arnold High School Rated A-
  • Deeded access to the beach
  • 4-minute walk to Rick Seltzer Park

About This Home

As of October 2022

HIGHEST AND BEST OFFERS DUE BY 2/7/2022 AT 5:00 PM. This beautifully renovated corner unit is now available! This turn key property is fully furnished with a patio view of the beautiful Gulf of Mexico. This Dunes of Panama second floor unit includes new flooring, paint, furniture, appliances and other upgrades throughout! This unit has the potential to be an exceptional rental(grossing over $35,000 between May and September 2021). Dunes of Panama has long been a tourist destination for the Panama City Beach area. Contact your favorite Realtor today!

Last Agent to Sell the Property

Dale Gumm

Anchor Realty Florida Listed on: 02/02/2022

Last Buyer's Agent

Rita Hansen

Counts Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,925

Year Built

  • Built in 1974

Lot Details

  • Property fronts a county road

HOA Fees

  • $467 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 1,050 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Dining Room
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air

Community Details

Overview

  • Association fees include cable TV, insurance, internet, legal/accounting, tennis courts, trash, water
  • High-Rise Condominium
  • Dunes Of Panama Phase I Subdivision

Amenities

  • Community Barbecue Grill
  • Elevator

Recreation

  • Beach

Security

  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,925

Year Built

Built in 1974

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1974
  • Property Sub Type: Condominium
  • Lot Size: condo
  • Road Frontage Type: County Road
  • Subdivision Name: Dunes Of Panama Phase I
  • Architectural Style: High Rise
  • ResoPropertyType: Residential
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Cooktop, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1050.0
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Primary Bedroom
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Pool Features: Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Stucco
  • Exterior Features: Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage: No

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Security Features: Gated with Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Laundry Features: Washer Hookup, Dryer Hookup, Stacked
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association Fee: 467.0
  • Community Features: Barbecue, Beach, Elevator, Fitness Center, Gated, Other, Pool, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront
  • Amenities: Beach Rights, Gated
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Internet, Legal/Accounting, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 2925.0

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Oct 5, 2022
Sold by
Sitzler Ronnie and Sitzler Tonya
Bought by
Snh Bunches Llc
Seller's Agent
Andrew Harthan
Counts Real Estate Group Inc
Buyer's Agent
Bobbi Cox
Better Homes and Gardens Coast Properties
List Price
$629,000
Sold Price
$499,000
Premium/Discount to List
-$130,000
-20.67%
Current Estimated Value
$444,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$54,625
Avg. Annual Appreciation
-3.88%

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 3, 2022
Sold by
Desai & Desai Llc
Bought by
Sitzler Ronnie and Sitzler Tonya
Seller's Agent
Dale Gumm
Anchor Realty Florida
Buyer's Agent
Rita Hansen
Counts Real Estate Group
List Price
$479,900
Sold Price
$475,000
Premium/Discount to List
-$4,900
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.71%

Purchase Details

Closed on
Mar 20, 2013
Sold by
Greene Richard E
Bought by
Desai & Desai Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 27, 2002
Sold by
Peck Tyler Sheay and Peck Rosamond
Bought by
Greene Richard E and Greene Melinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,300
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $499,000 Mti Title
Warranty Deed $475,000 Schultz Law Group Pllc
Warranty Deed $180,000 Vintage Title & Escrow Inc
Warranty Deed $187,800 Lawyers Title Agency N Fl In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $135,000 Adjustable Rate Mortgage/ARM
Previous Owner $178,300 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2023 01/22/23 Off Market $499,000 -- --
10/07/2022 10/07/22 Sold $499,000 0.0% $520 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $499,000 -3.9% $520 / Sq Ft
08/05/2022 08/05/22 Price Changed $519,000 -7.2% $541 / Sq Ft
06/23/2022 06/23/22 Price Changed $559,000 +17.7% $582 / Sq Ft
06/20/2022 06/20/22 Off Market $475,000 -- --
06/10/2022 06/10/22 Price Changed $579,000 -3.5% $603 / Sq Ft
05/13/2022 05/13/22 Price Changed $599,995 -4.6% $625 / Sq Ft
04/21/2022 04/21/22 For Sale $629,000 +32.4% $655 / Sq Ft
03/04/2022 03/04/22 Sold $475,000 -1.0% $452 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $479,900 -- $457 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $5,088 $381,650 -- $381,650
2023 $5,088 $403,750 $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

  • Andrew Harthan

    Seller's Agent in 2022

    Andrew Harthan

    Counts Real Estate Group Inc

    (850) 481-5645

    8 in this area

    63 Total Sales

    Andrew Harthan
    Section Image
  • Dale Gumm

    Seller's Agent in 2022

    Dale Gumm

    Anchor Realty Florida

    (270) 319-8903

    13 in this area

    111 Total Sales

    Dale Gumm
    Section Image
  • Rita Hansen

    Seller Co-Listing Agent in 2022

    Rita Hansen

    Counts Real Estate Group Inc

    (850) 832-3303

    12 in this area

    62 Total Sales

    Rita Hansen
    Section Image

  • B

    Buyer's Agent in 2022

    Bobbi Cox

    Better Homes and Gardens Coast Properties

See All Agents

About Dunes of Panama

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 721797

Central Panhandle Association of REALTORS®

APN: 30840-011-000

Florida Bay County Panama City Beach 32408

7205 Thomas Dr Unit A201, Panama City Beach, FL

This home is located at 7205 Thomas Dr Unit A201, Panama City Beach, FL 32408 and is currently priced at $475,000, approximately $452 per square foot. This property was built in 1974. 7205 Thomas Dr Unit A201 is a home located in Bay County with nearby schools including J.R. Arnold High School, Surfside Middle School, and Patronis Elementary School.

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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