$749,000

Dunes of Panama 7205 Thomas Dr Unit E706 Panama City Beach, FL 32408

Estimated payment $4,639/month

Total Views 2,248
3 Beds
2 Baths
1,974 Sq Ft
$379 Price per Sq Ft

Highlights

  • Beach Front
  • In Ground Pool
  • Primary Bedroom Suite
  • Patronis Elementary School Rated A-
  • Gulf View
  • 4-minute walk to Rick Seltzer Park

About This Home

Possible owner financing available.
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.

Listing Agent

Mike Herring

Keller Williams Realty SRB License #3256219 Listed on: 01/19/2026

Keller Williams Realty SRB

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

Parking

  • 1 Car 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
  • Primary Bedroom Suite
  • 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

  • Property has a Home Owners Association
  • 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
  • Meeting Room
  • Elevator

Recreation

  • Tennis Courts

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: DUNES OF PANAMA PH 5 CONDO
  • Directions: On Thomas Dr., condo unit is gulf front. After security gate, vear left. Building E is third on right. Parking is available out front of building or on top of garage. 7th Floor unit.
  • Architectural Style: N/A
  • Carport Y N: No
  • New Construction: No
  • Year Built: 1985
  • Remarks Misc:Remarks: Possible owner financing available. 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.
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Waterview:Gulf2: Yes
  • Rooms:Dining Room: Yes
  • Waterfront:Gulf: Yes
  • Appliances Microwave: Yes
  • Washers: Yes
  • Energy:Ceiling Fans: Yes
  • Waterfront:Unit Waterfront: Yes
  • Waterfront:Shore - Beach: Yes
  • Special Features: None

Interior Features

  • Furnished: Furnished - All
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven Self Cleaning, Refrigerator, Smoke Detector, Stove/Oven Electric, Washer, Water Heater - Elect
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Floor Tile, Floor WW Carpet
  • Interior Amenities: Breakfast Bar, Ceiling Crwn Molding, Split Bedroom, Washer/Dryer Hookup
  • Interior:WasherDryer Hookup: Yes
  • Appliances:Cooktop: Yes
  • Appliances:StoveOven Electric: Yes
  • Mstr BdrmMstr Bath:MBath Shower Only: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Interior:Breakfast Bar: Yes
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Interior:Split Bedroom: Yes
  • Interior:Furnished - All: Yes
  • Interior:Ceiling Crwn Molding: Yes
  • Interior:Floor WW Carpet: Yes

Exterior Features

  • Pool Features: Pool - In-Ground, Pool Type
  • View: Gulf
  • Waterfront Features: Unit Waterfront, Gulf, Shore - Beach, Shore - Natural
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Exterior Features: Balcony, BBQ Pit/Grill, Pavillion/Gazebo, Tennis Court
  • Foundation Details: Foundation On Piling
  • Property Condition: Construction Complete
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • ConstructionSiding:Stucco: Yes
  • Exterior:Balcony: Yes
  • ConstructionSiding:Foundation On Piling: Yes
  • Exterior:Pool - In-Ground: Yes
  • Exterior:BBQ PitGrill: Yes
  • Exterior:PavillionGazebo: Yes
  • Exterior:Tennis Court: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Deeded, Garage Detached
  • General Property Info:Garage2: Yes
  • Parking Features:Garage3: Yes
  • Parking Features:Garage Detached: Yes
  • Parking Features:Deeded: Yes

Utilities

  • Cooling: Ceiling Fans, Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electric, Public Water, TV Cable
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Short Term Rental - Allowed, BBQ Pit/Grill, Community Room, Elevators, Picnic Area, Pool, TV Cable
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Management, Recreational Faclty, Repairs/Maintenance, Security, Trash

Schools

  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside

Lot Info

  • Parcel #: 30840-786-000

Map

About Dunes of Panama

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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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2026 01/19/26 For Sale $749,000 -0.1% $379 / Sq Ft
11/28/2022 11/28/22 Off Market $750,000 -- --
08/18/2021 08/18/21 Sold $750,000 -6.3% $380 / Sq Ft View Prior Sale
06/15/2021 06/15/21 For Sale $800,000 -- $405 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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 Type Sale Price Title Company
Warranty Deed $750,000 Mti Title Insurance Agcy Inc
Warranty Deed $1,000 First American Title Ins Co
Source: Public Records

Source: Emerald Coast Association of REALTORS®

MLS Number: 993187

Emerald Coast Association of REALTORS®

APN: 30840-786-000

Florida Bay County Panama City Beach 32408

7205 Thomas Dr Unit E706, 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.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Mike Herring
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Mike Herring
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Keller Williams Realty SRB
(448) 217-3820
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