Dunes of Panama 7205 Thomas Dr Unit E706 Floor 7 Panama City Beach, FL 32408
Estimated payment $4,663/month
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
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
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
- Balcony
- 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
Map
About Dunes of Panama
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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
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 | 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 |
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: Emerald Coast Association of REALTORS®
MLS Number: 993187
APN: 30840-786-000
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Ask me questions while you tour the home.