$749,000

Dunes of Panama 7205 Thomas Dr Unit E706 Floor 7 Panama City, FL 32408

Lower Grand Lagoon Area

Estimated payment $4,649/month

Total Views 16,372
3 Beds
2 Baths
1,974 Sq Ft
$379 Price per Sq Ft

Highlights

  • Beach
  • Property fronts gulf or ocean
  • 24-Hour Security
  • Patronis Elementary School Rated A-
  • Deeded access to the beach
  • 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.

Listing Agent

Mike Herring

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

Keller Williams Realty Emerald

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,818

Year Built

  • Built in 1985

Lot Details

Parking

  • 1 Car Garage
  • Additional Parking

Home Design

  • Entry on the 7th floor
  • Pillar, Post or Pier Foundation
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven
  • Electric Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach

Schools

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

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Clubhouse
  • Game Room

Recreation

  • Beach
  • Park

Security

  • 24-Hour Security
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,818

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Subdivision Name: Dunes Of Panama Phase V
  • Architectural Style: High Rise
  • Entry Level: 7
  • New Construction: No
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
  • Interior Amenities: Balcony, Main Level Primary, Shower Only, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Dining Room Type: Bedroom, Dining Room, Kitchen, Living Room, Primary Bedroom

Exterior Features

  • Pool Features: In Ground, Community
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf, Shoreline - Sand, Shoreline - Natural
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Additional Parking
  • Garage: Yes
  • Attached Garage: No

Utilities

  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available
  • Security Features: Building Security, Gated Community, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Barbecue, Beach, Clubhouse, Fitness Center, Game Room, Park, Pool, Shopping, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
  • Amenities: Beach Rights, Gated, Gazebo, Barbecue, Picnic Area
  • Association: Yes

Schools

  • Middle Or Junior School: Surfside

Lot Info

  • Lot Features: Paved
  • Zoning Description: Resid Multi-Family

Multi Family

  • Number Of Units Furnished: All Units

Tax Info

  • Tax Annual Amount: 6818.0
  • Tax Year: 2025

MLS Schools

  • Elementary School: Patronis
  • High School: Arnold

Map

About Dunes of Panama

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
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
01/19/2026 01/19/26 For Sale $749,000 -- $379 / Sq Ft
Source: Central Panhandle 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: Central Panhandle Association of REALTORS®

MLS Number: 783877

Central Panhandle Association of REALTORS®

APN: 30840-786-000

Florida Bay County Panama City 32408

7205 Thomas Dr Unit E706, 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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Mike Herring
Listing Agent
Mike Herring
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Keller Williams Realty Emerald
(448) 217-6974
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