Dunes of Panama 7205 Thomas Dr Unit E706 Panama City Beach, FL 32408
Estimated payment $6,362/month
Highlights
- Beach Front
- In Ground Pool
- Main Floor Primary Bedroom
- Patronis Elementary School Rated A-
- Gulf View
- 4-minute walk to Rick Seltzer Park
About This Home
Dunes of Panama 3 bedroom condos are exceptional investment properties. 3 bedroom condos in the E building produce $75,000 - $80,000 gross annual income. Never miss a sunset from this exceptional 3-bedroom, 2-bath end-unit condo, where balcony access from every room creates a seamless connection to coastal breezes and breathtaking Gulf views. Thoughtfully updated, this residence features tile flooring, granite countertops, crown molding, king-sized bedrooms, walk-in closets, and full-size laundry, offering both comfort and refined coastal style. A garage parking space adds rare convenience and value. Dunes of Panama is a truly one-of-a-kind beachfront community, celebrated for its expansive green spaces, resort-style atmosphere, and prime location adjacent to Rick Seltzer Park. Residents enjoy an impressive suite of amenities including three pools, pickleball, tennis, shuffleboard, fitness center, and on-site snack shop. Perfect as a primary residence, second home, or high-performing rental investment, this stunning condo delivers the ultimate beachfront lifestyle. A must-see opportunity with so much to offer. Buyer to verify all information deemed important. This comes with 1 garage space.
Property Details
Home Type
- Condominium
Year Built
- Built in 1985
Lot Details
HOA Fees
- $1,746 Monthly HOA Fees
Parking
- 1 Car Detached Garage
- Deeded Parking
Home Design
- Concrete Siding
- Piling Construction
- Stucco
Interior Spaces
- 1,974 Sq Ft Home
- Furnished
- Crown Molding
- Ceiling Fan
- Living Room
- Dining Room
Kitchen
- Breakfast Bar
- Electric Oven or Range
- Self-Cleaning Oven
- Cooktop
- Microwave
- Dishwasher
- Disposal
Flooring
- Wall to Wall Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- 2 Full Bathrooms
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- In Ground Pool
- Gazebo
- Built-In Barbecue
Schools
- Patronis Elementary School
- Surfside Middle School
- Arnold High School
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 30840-786-000
Community Details
Overview
- Association fees include ground keeping, insurance, management, recreational faclty, repairs/maintenance, security, trash
- Dunes Of Panama Ph 5 Condo Subdivision
Amenities
- Community Barbecue Grill
- Picnic Area
- Recreation Room
- Elevator
Recreation
- Tennis Courts
Security
- Fire and Smoke Detector
Map
About Dunes of Panama
Home Values in the Area
Average Home Value in this Area
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 | $7,693 | $551,369 | -- | $551,369 |
| 2024 | $8,596 | $622,750 | -- | $622,750 |
| 2023 | $8,596 | $677,875 | $0 | $0 |
| 2022 | $7,479 | $643,150 | $0 | $643,150 |
| 2021 | $5,072 | $410,281 | $0 | $0 |
| 2020 | $4,747 | $394,825 | $0 | $0 |
| 2019 | $4,303 | $347,000 | $0 | $0 |
| 2018 | $3,898 | $308,250 | $0 | $0 |
| 2017 | $4,219 | $331,625 | $0 | $0 |
| 2016 | $3,961 | $301,470 | $0 | $0 |
| 2015 | $3,701 | $277,431 | $0 | $0 |
| 2014 | $3,622 | $265,504 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/19/2026 01/19/26 | For Sale | $749,000 | -- | $379 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $750,000 | Mti Title Insurance Agcy Inc | |
| Warranty Deed | $1,000 | First American Title Ins Co |
Source: Emerald Coast Association of REALTORS®
MLS Number: 993187
APN: 30840-786-000
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