$489,000

Dunes of Panama 7205 Thomas Dr Unit E-905 Panama City Beach, FL 32408

Estimated payment $14,300/month

2 Beds
2 Baths
1,050 Sq Ft
$466 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • J.R. Arnold High School Rated A-
  • Gated with Attendant
  • 4-minute walk to Rick Seltzer Park

About This Home

**Gulf Front** Amazing 2BR 2BA fully furnished condominium, Tile flooring throughout, fully equipped Kitchen w/breakfast bar. Amazing Gulf Front and Sunset views from large balcony, you can see the beach and 1 of 3 pools, great for *Relaxation*. Condo has updated, Kitchen, Bathrooms, sliding doors and windows just to mention a few. Rental ready for investment or great second home. Dunes of Panama has 3 pools, clubhouse, tennis, pickleball, shuffleboard, fitness room, Snack shop and a place to grill. All dimensions are approx.

Listing Agent

Cindy Armstrong Karr

Berkshire Hathaway HomeServices Beach Properties of Florida License #0615108 Listed on: 11/19/2025

Berkshire Hathaway HomeServices Beach Properties of Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,886

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $11,316 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Tile Flooring
  • Security Gate
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gated Parking
  • Parking Lot

Outdoor Features

  • In Ground Pool
  • Balcony

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

Overview

  • Association fees include cable TV, legal/accounting, ground maintenance, pest control, recreation facilities, security, trash
  • High-Rise Condominium
  • Dunes Of Panama Phase V Subdivision
  • 21-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Beach
  • Park

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,886

Year Built

Built in 1985

Lot Details

0

HOA Fees

$11,316 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Lot Size: 00
  • Subdivision Name: Dunes Of Panama Phase V
  • Architectural Style: High Rise
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Appliances: Washer/Dryer Stacked, Dishwasher, Microwave, Refrigerator
  • Interior Amenities: Breakfast Bar, Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Stories: 21

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, High Speed Internet Available, Trash Collection
  • Security Features: Gated with Guard, Gated Community, Security Gate, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Laundry Features: Stacked
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 11316.0
  • Community Features: Barbecue, Beach, Clubhouse, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Gated, Short Term Rental Allowed
  • Amenities: Gated
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Cable TV, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Security, Trash

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Waterfront
  • Mobile Dim Units: Feet
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Dunes of Panama

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $4,886 $351,568 -- --
2023 $4,730 $319,607 $0 $446,250
2022 $3,626 $290,552 $0 $0
2021 $3,359 $264,138 $0 $0
2020 $2,961 $240,125 $0 $240,125
2019 $2,815 $225,250 $0 $225,250
2018 $2,609 $205,275 $0 $0
2017 $0 $194,617 $0 $0
2016 -- $184,166 $0 $0
2015 -- $167,424 $0 $0
2014 -- $152,204 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $489,000 -- $466 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $15,000 None Available
Warranty Deed $265,000 Mti Title Ins Agcy Inc
Warranty Deed $15,000 Mti Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $212,000 Commercial
Source: Public Records

About the Listing Agent

Cindy Armstrong Karr
Cindy Armstrong Karr

Berkshire Hathaway HomeServices Beach Properties of Florida

(448) 233-5320

Section Image

In 2000, I became a Realtor in Beautiful Florida's Emerald Coast. Most of my experience is working with Buyers and Sellers. Primary Homes, Second Homes and Investment Properties. Previously, I was in the Property Management / on site Real Estate Sales with Condominiums. Background in HOA's and Rentals.

Customer satisfaction with all aspects of Buying and Selling is my #1 goal.

I have been Chairman of Communications for Bay County Association of Realtors, 2014 Chair of the

View Cindy's Profile

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Source: Central Panhandle Association of REALTORS®

MLS Number: 781839

Central Panhandle Association of REALTORS®

APN: 30840-797-000

Florida Bay County Panama City Beach 32408

7205 Thomas Dr Unit E-905, Panama City Beach, FL

For Sale

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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Cindy Armstrong Karr
Cindy Armstrong Karr
Listing Agent Section Image
Berkshire Hathaway HomeServices Beach Properties of Florida
(448) 233-5320