$889,900

Dunes of Panama 7205 Thomas Dr Unit E-601 Panama City Beach, FL 32408

Estimated payment $7,001/month

3 Beds
2 Baths
1,975 Sq Ft
$451 Price per Sq Ft

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

Dunes of Panama E601 - Beautifully remodeled, gorgeous large 3-bed/2-bath with oversized wraparound balcony, plus an additional private balcony for the 3rd bedroom. Milestone Report and repairs are complete, and ALL Assessments have been paid!!Great rental property OR live in your own piece of paradise.Updated and decorated with fabulous gulf views from all the bedrooms, living area and kitchen. Wood look LVP flooring throughout. Large kitchen with beautiful countertops, tiled backsplash, and white appliances.Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 pools, tennis courts, basketball court, fitness room, shuffleboard, outdoor BBQ grills, poolside tiki bar, Stingray's restaurant & deli/souvenir shop, beach chair rental services, etc.*Appliances and AC 2018, new UV Light in AC system fall 2023, new dishwasher 2024, new dryer in 2025.

Listing Agent

Edgar Barnette

Bright Realty Solutions License #SL3527415 Listed on: 08/14/2025

Co-Listing Agent

Colleen Barnette

Bright Realty Solutions License #3527441

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,761

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $1,590 Monthly HOA Fees

Interior Spaces

  • 1,975 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Additional Parking

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

Overview

  • Association fees include management, clubhouse, cable TV, fitness facility, internet, ground maintenance, pest control, pool(s), sewer, tennis courts, trash, water
  • 114 Units
  • Dunes Of Panama Association
  • High-Rise Condominium
  • Dunes Of Panama Phase V Subdivision
  • 21-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Meeting Room
  • Elevator

Recreation

  • Beach
  • Park

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,761

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,590 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Co List Office Mls Id: BRS
  • Co List Office Phone: (850) 400-8638
  • Subdivision Name: Dunes Of Panama Phase V
  • Architectural Style: High Rise
  • Entry Level: 6
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Pantry, Recessed Lighting, Split Bedrooms, Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Luxury Vinyl Plank
  • Living Area: 1975.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Stories: 21

Exterior Features

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

Garage/Parking

  • Parking Features: Additional Parking, Paved
  • Garage: No

Utilities

  • Utilities: Trash Collection
  • Security Features: Closed Circuit Camera(s), Fire Alarm, Firewall(s), Fire Sprinkler System, Gated Community, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Heating: Central, Electric
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 1590.0
  • Community Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Park, Pickleball, Short Term Rental Allowed, Tennis Court(s), Waterfront, Gated, Pool
  • Senior Community: No
  • Amenities: Beach Rights, Gated, Barbecue, Picnic Area
  • Association Fee Frequency: Monthly
  • Association Name: Dunes of Panama
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Clubhouse, Cable TV, Fitness Facility, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units In Community: 114

Tax Info

  • Tax Annual Amount: 6761.4
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Dunes of Panama

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $7,168 $534,569 -- --
2023 $7,168 $485,972 $0 $677,875
2022 $6,222 $441,793 $0 $0
2021 $4,981 $401,630 $0 $0
2020 $4,659 $394,825 $0 $394,825
2019 $4,219 $347,000 $0 $347,000
2018 $3,817 $301,750 $0 $0
2017 $4,137 $325,125 $0 $0
2016 $3,961 $301,470 $0 $0
2015 $3,657 $274,064 $0 $0
2014 $3,575 $261,800 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 For Sale $889,900 -- $451 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Acquire Land Title Pcb Llc
Source: Public Records

Similar Homes in the area

  • 6201 Thomas Dr Unit 1510, Panama City Beach, FL 32408

    $735,000

    • 2 Beds
    • 2 Baths
    • 1,367 Sq Ft
    • 6201 Thomas Dr
    • Unit 1510
    • Panama City Beach, FL

    MONEY MAKER ALERT AT WATERCREST!!!!! INVESTORS....THIS CONDO IS ALREADY KILLING IT ON THE RENTAL MARKET WITH PROFITABLE RENTAL HISTORY WHICH CAN BE PROVIDED!!! RARE WATERCREST END UNIT... HUGE WRAP AROUND BALCONY.... WEST VIEW...FULLY REMODELED....Welcome to paradise! This fully renovated, luxurious 2-bedroom, 2-bath Gulf-front condo on the East End of Panama City Beach is the perfect blend of

    Sassy French Keller Williams Success Realty

    Section Image
  • 6201 Thomas 408 Dr Unit 408, Panama City Beach, FL 32408

    $725,000

    • 2 Beds
    • 2 Baths
    • 1,441 Sq Ft
    • 6201 Thomas 408 Dr
    • Unit 408
    • Panama City Beach, FL

    ALL INVESTORS... DON''T MISS OUT!!! 98.6% verifiable occupancy for short term rentals with this beauty! Spectacular views of the Gulf with this gorgeous totally renovated condo from floor to ceiling. This condo is RENTAL READY AND ALREADY HAS A FOLLOWING WITH THE CURRENT RENTAL MANAGEMENT COMPANY!!! There are upgrades and personal touches to this condo that make it a stand out in the building.

    Sassy French Keller Williams Success Realty

    Section Image
  • 10515 Front Beach Rd Unit 703, Panama City Beach, FL 32407

    $699,500

    • 2 Beds
    • 2 Baths
    • 1,326 Sq Ft
    • 10515 Front Beach Rd
    • Unit 703
    • Panama City Beach, FL

    Long Beach T-3 Unit 703 is a beautifully updated 2-bedroom, 2-bathroom condo in the heart of Panama City Beach. Perched on the 7th floor, this Gulf-front unit offers unobstructed views of the emerald coastline through floor-to-ceiling glass that runs the length of the main living and both bedrooms.The open layout is ideal for entertaining, with coastal-inspired furnishings, tile flooring, and a

    Sara Violette EXP Realty LLC

    Section Image
  • 15928 Front Beach Rd Unit 32011, Panama City Beach, FL 32413

    $714,900

    • 3 Beds
    • 2 Baths
    • 1,563 Sq Ft
    • 15928 Front Beach Rd
    • Unit 32011
    • Panama City Beach, FL

    Experience the ultimate in coastal living and convenience with this immaculate, never-before-rented 3-bedroom, 2-bath condo perched on the 20th floor of the sought-after Calypso Tower III. From the moment you enter, you're greeted by panoramic, unobstructed views of the Gulf of Mexico, perfectly framed by floor-to-ceiling glass doors that lead to an oversized private balcony—ideal for sipping

    Paige Peterson Compass

    Section Image
  • 7205 Thomas Dr Unit 1206, Panama City Beach, FL 32408

    $699,000

    • 3 Beds
    • 2 Baths
    • 1,975 Sq Ft
    • 7205 Thomas Dr
    • Unit 1206
    • Panama City Beach, FL

    Spectacular end unit with floor to ceiling windows and doors offering gulf views from EVERY room! Enjoy the breathtaking sunsets from your balcony or any room you choose. The open concept kitchen, living and dining allow for entertaining or great family conversation while vacationing. As a 2nd home there is a small room adjacent to master that could be an office or private sitting area. It

    Cooper & Company Counts Real Estate Group Inc

    Section Image
  • 7205 Thomas Dr Unit E706, Panama City, FL 32408

    $839,400

    • 3 Beds
    • 2 Baths
    • 1,975 Sq Ft
    • 7205 Thomas Dr
    • Unit E706
    • Panama City, FL

    Never miss a sunset with this remarkable 3 bed/2 bath end unit with balcony access from ALL Rooms! This updated unit has tile floors, granite counter tops, crown molding, king beds in all bedrooms, walk in closets and full size laundry. The garage parking space is bonus! Dunes of Panama is a one of kind property with loads of green space and amenities which is located next to Rick Seltzer Park.

    Delaine Bourne Own It Real Estate LLC

    Section Image
  • 6323 Thomas Dr Unit 904B, Panama City Beach, FL 32408

    $769,400

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 6323 Thomas Dr
    • Unit 904B
    • Panama City Beach, FL

    Elegant turn-key gulf-front unit in the premier, gated, non-rental condominium community of Summerwinds. This fully furnished unit includes kitchen dishes and cookware, making it perfect for either a private residence or a second home. The unit is well-appointed with tasteful furnishings, fine finishes, and 9-foot ceilings. It features an open living and dining area with panoramic Gulf views from

    Robert Ward REMAX By The Sea

    Section Image
  • 6323 Thomas Dr Unit 904B, Panama City Beach, FL 32408

    $769,400

    • 2 Beds
    • 2 Baths
    • 1,600 Sq Ft
    • 6323 Thomas Dr
    • Unit 904B
    • Panama City Beach, FL

    Elegant turn-key gulf-front unit in the premier, gated, non-rental condominium community of Summerwinds. This fully furnished unit includes kitchen dishes and cookware, making it perfect for either a private residence or a second home. The unit is well-appointed with tasteful furnishings, fine finishes, and 9-foot ceilings. It features an open living and dining area with panoramic Gulf views from

    Robert Ward RE/MAX by the Sea

    Section Image
  • 6201 Thomas Dr Unit 1108, Panama City Beach, FL 32408

    $679,000

    • 2 Beds
    • 2 Baths
    • 1,441 Sq Ft
    • 6201 Thomas Dr
    • Unit 1108
    • Panama City Beach, FL

    Welcome to Watercrest 1108. This highly desirable floor plan will exceed your expectations with its expansive panoramic views and sunsets over the gulf! This 2 bedroom, 2 bath unit has tiled flooring throughout with floor to ceiling windows giving it a seemless, open and airy feel. Granite countertops in the kitchen and both bathrooms. Newer appliances and so much more! This family oriented

    Jessica Langeloh Counts Real Estate Group Inc

    Section Image
See All Homes in Panama City Beach

Source: Central Panhandle Association of REALTORS®

MLS Number: 777629

Central Panhandle Association of REALTORS®

APN: 30840-775-000

Florida Bay County Panama City Beach 32408

7205 Thomas Dr Unit E-601, Panama City Beach, FL

This home is located at 7205 Thomas Dr Unit E-601, Panama City Beach, FL 32408 and is currently priced at $889,900, approximately $450 per square foot. This property was built in 1985. 7205 Thomas Dr Unit E-601 is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle 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.

Nearby Homes
Listing Agent
Edgar Barnette
Section Image
Bright Realty Solutions
(448) 900-4927