NOT LISTED FOR SALE

Dunes of Panama 7205 Thomas Dr Unit D205 Floor 2 Panama City, FL 32408

Lower Grand Lagoon Area

Estimated Value: $422,464 - $450,000

2 Beds
2 Baths
1,050 Sq Ft
1982 Built

Sale Details

Date Sold: December 5, 2025

Last sale price $433,000 $412 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,902 / mo

132 Days on Market

Highlights

  • Beach
  • Property fronts gulf or ocean
  • In Ground Pool
  • Patronis Elementary School Rated A-
  • 24-Hour Security
  • 4-minute walk to Rick Seltzer Park

About This Home

As of December 2025

LET'S DEAL!!!! The East End of Panama City Beach is the most relaxing, and the ''Dunes of Panama'' are there. And many think that the ''D'' building is the Best of the Dunes. Best view and amenities, and the closest to the Gulf of America. This unit has been very recently renovated and upgraded to Class ''A'' condition. The pictures tell it all. The most popular floors in condos are usually the lower ones and this is on the 2nd floor. If the elevator's slow just walk up to this unit. Come see this one. YOU WILL LOVE IT!!! Contact your Realtor for a showing. All dimensions and information is approximate and should be verified by the buyer.

Last Agent to Sell the Property

Jeff Nauman

Think Real Estate License #3231150 Listed on: 06/26/2025

Last Buyer's Agent

Mike Johnson

Century 21 BE3 License #3357165

Century 21 BE3

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,712

Year Built

  • Built in 1982

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • Living Room
  • Security Gate
  • Electric Range
  • Stacked Washer and Dryer

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Gated Parking
  • Paved Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Gunite Pool

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

Community Details

Overview

  • Property has a Home Owners Association
  • High-Rise Community
  • Dunes Of Panama Phase IV Subdivision
  • 13-Story Property

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Elevator

Recreation

  • Beach
  • Community Basketball Court

Security

  • 24-Hour Security
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,712

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Subdivision Name: Dunes Of Panama Phase IV
  • Architectural Style: High Rise
  • Entry Level: 2
  • New Construction: No
  • Building Stories: 13
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 13

Interior Features

  • Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: Bedroom, Kitchen, Living Room, Primary Bedroom
  • Stories: 13

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Cable Connected
  • Security Features: 24 Hour Security, Security Guard, Security Gate
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Stacked
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Basketball Court, Beach, Business Center, Clubhouse, Elevator, Fitness Center, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
  • Amenities: Gated
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Land Lease: No
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 5712.0
  • Tax Year: 2024

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2025
Closed on
Dec 5, 2025
Sold by
Parbery April Michelle and Parbery Douglas
Bought by
Seller's Agent
Jeff Nauman
Think Real Estate
Buyer's Agent
Mike Johnson
Century 21 BE3
List Price
$549,000
Sold Price
$433,000
Premium/Discount to List
-$116,000
-21.13%
Views
53
Current Estimated Value
$439,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,735
Avg. Annual Appreciation
0.26%
Original Mortgage
$253,000
Outstanding Balance
$227,346
Interest Rate
6.19%
Mortgage Type
Credit Line Revolving
Estimated Equity
$206,520

Purchase Details

Closed on
Mar 10, 2022
Sold by
Carrell Pennington Nancy
Bought by
Habermel Gina Marie and Parbery April Michelle

Purchase Details

Closed on
May 28, 2020
Sold by
Springer Lynwood and Springer Luann
Bought by
Pennington Bruce and Pennington Nancy

Purchase Details

Closed on
Nov 30, 2010
Sold by
Williamson Virginia F
Bought by
Springer Lynwood and Springer Luann
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Panama City, FL

  • Tracye Crass Real Estate Agent - Beach Haven Realty

    Tracye Crass

    Beach Haven Realty

    (850) 771-3214

    65 Total Sales

    2 in Lower Grand Lagoon

    $225K - $250K Price Range

    Tracye Crass
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  • Nichole Causton Real Estate Agent - Go Coastal Realty LLC

    Nichole Causton

    Responds Quickly

    Go Coastal Realty LLC

    (850) 613-0626

    179 Total Sales

    3 in Lower Grand Lagoon

    $685K - $745K Price Range

    Nichole Causton
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  • Paige Peterson Real Estate Agent - Compass

    Paige Peterson

    Compass

    (850) 613-0556

    46 Total Sales

    4 in Lower Grand Lagoon

    $285K - $2.9M Price Range

    Paige Peterson
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  • Sandra Sharpe Real Estate Agent - Coldwell Banker Realty

    Sandra Sharpe

    Coldwell Banker Realty

    (850) 904-4434

    61 Total Sales

    1 in Lower Grand Lagoon

    $245,514 Price

    Sandra Sharpe
     Section Image
  • Lars Rygaard Real Estate Agent - World Impact Real Estate

    Lars Rygaard

    World Impact Real Estate

    (850) 299-0140

    34 Total Sales

    1 in Lower Grand Lagoon

    $900,000 Price

    Lars Rygaard
     Section Image
  • Paula Reyes Real Estate Agent - Bright Realty Solutions

    Paula Reyes

    Bright Realty Solutions

    (850) 818-9384

    6 Total Sales

    4 in Lower Grand Lagoon

    $405K - $550K Price Range

    Paula Reyes
     Section Image
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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 Buyer Sale Price Title Company
$433,000 None Listed On Document
Habermel Gina Marie -- Stopka Albert J
Pennington Bruce $340,000 Mti Ttl Ins Urance Agcy Inc
Springer Lynwood $151,100 Dba Bay County Land & Abstra
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $253,000
Previous Owner Electric Properties Llc $240,000
Source: Public Records

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
12/05/2025 12/05/25 Sold $433,000 -2.7% $412 / Sq Ft
11/05/2025 11/05/25 Pending -- -- --
09/25/2025 09/25/25 Price Changed $445,000 -10.8% $424 / Sq Ft
08/08/2025 08/08/25 Price Changed $499,000 -5.0% $475 / Sq Ft
08/01/2025 08/01/25 Price Changed $525,000 -4.4% $500 / Sq Ft
06/23/2025 06/23/25 For Sale $549,000 -- $523 / Sq Ft
Source: Central Panhandle Association of REALTORS®

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 $5,712 $331,339 $331,339
2024 $5,014 $437,580
2023 $5,014 $397,800 $0 $397,800
2022 $3,979 $313,225 $0 $0
2021 $3,455 $284,750 $0 $284,750
2020 $2,821 $233,750 $0 $233,750
2019 $2,599 $212,415 $0 $212,415
2018 $2,354 $184,875 $0 $0
2017 $2,370 $184,875 $0 $0
2016 $2,330 $178,360 $0 $0
2015 $2,265 $168,560 $0 $0
2014 $2,155 $160,438 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeff Nauman Real Estate Agent - Think Real Estate

    Seller's Agent in 2025

    Jeff Nauman

    Think Real Estate

    (850) 832-1367

    14 Total Sales

    Jeff Nauman
    Section Image
  • Mike Johnson Real Estate Agent - Century 21 BE3

    Buyer's Agent in 2025

    Mike Johnson

    Century 21 BE3

    (850) 714-7900

    65 Total Sales

    Mike Johnson
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About Dunes of Panama

Map

Source: Central Panhandle Association of REALTORS®

MLS Number: 775488

Central Panhandle Association of REALTORS®

APN: 30840-530-000

Florida Bay County Panama City 32408

7205 Thomas Dr Unit D205, Panama City, 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.

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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