$850,000

Dunes of Panama 7205 Thomas E206 Dr Unit 206 Panama City Beach, FL 32408

Estimated payment $6,884/month

Total Views 63
3 Beds
3 Baths
1,881 Sq Ft
$452 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

Rare opportunity at Dunes of Panama, End Unit E206! This highly sought-after, Gulf-front, 3bed, 3bath gem is located on a desirable lower level floor. The unit features two en-suites, along with an additional dressing room. Meticulously furnished and updated, this residence boasts new sliding doors and front windows, tiled floors throughout, NEW kitchen APPLIANCES, new paint in primary bedroom and Smart TVs in every room with Cable and HD WiFi. The breathtaking views extend from the brand new wood-grained tiled balcony that spans the entire length of the condo, offering an unparalleled Gulf Front experience. Additionally, the third bedroom comes with its own private balcony. The sellers are also offering a small storage unit & a deeded, covered, and gated garage parking space; adding a layer of convenience and security. The sale encompasses all furniture and items seen in the condo, providing a turnkey opportunity for the new owner. The water heater was replaced in 2019, and the AC and handler (4 tons) were replaced in 2017, ensuring modern comfort and efficiency. Blue Tube UV Air and A/C Unit Cleaner Installed in late 2023. With a rental history exceeding $75,000 annually, plus, the owner is open to conveying future bookings. The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), tennis courts, pickle ball coming soon, basketball, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside.Don't miss the chance to own this updated and well-maintained piece of paradise at Dunes of Panama.

Listing Agent

Barbara Wade

Beachy Beach Real Estate License #BK3425752 Listed on: 08/15/2025

Beachy Beach Real Estate

Co-Listing Agent

Karen Smith

Beachy Beach Real Estate License #3102215

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1985

Lot Details

HOA Fees

  • $1,655 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Gated Parking
  • Secured Garage or Parking
  • Parking Lot
  • Deeded Parking

Property Views

Interior Spaces

  • 1,881 Sq Ft Home
  • Furnished
  • Bookcases
  • Ceiling Fan
  • Window Treatments
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • In Ground Pool
  • Deeded access to the beach
  • Balcony

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • Association fees include clubhouse, cable TV, fitness facility, insurance, internet, ground maintenance, pest control, pool(s), sewer, security, tennis courts, trash, water
  • High-Rise Condominium
  • Dunes Of Panama Phase V Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Elevator

Recreation

  • Beach
  • Community Basketball Court

Security

  • 24-Hour Security
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,158

Year Built

Built in 1985

Lot Details

0

HOA Fees

$1,655 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Condominium
  • Road Surface Type: Paved
  • Co List Office Mls Id: BBBI
  • Co List Office Phone: (850) 233-4351
  • Subdivision Name: Dunes Of Panama Phase V
  • Architectural Style: High Rise
  • Entry Level: 2
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Appliances: Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: Breakfast Bar, Bookcases, Window Treatments
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Flooring: Tile
  • Living Area: 1881.0
  • Dining Room Type: Bedroom, Primary Bedroom
  • Window Features: Storm Window(s)

Exterior Features

  • Pool Features: Pool, Community
  • View: Gulf, Lagoon
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete
  • Exterior Features: Built-in Barbecue, Balcony
  • Patio And Porch Features: Balcony

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Deeded, Gated, Parking Lot
  • Garage: Yes

Utilities

  • Utilities: Cable Connected, Other, See Remarks, Trash Collection
  • Security Features: Fire Alarm, Fire Sprinkler System, Gated with Guard, Secured Garage/Parking, 24 Hour Security, Smoke Detector(s), Security Service
  • Cooling: Central Air, Ceiling Fan(s), Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Green Building Features: Dumpster
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association Fee: 1655.0
  • Community Features: Barbecue, Basketball Court, Beach, Clubhouse, Elevator, Fitness Center, Gated, Other, See Remarks, Short Term Rental Allowed, Tennis Court(s), Waterfront, Pool
  • Amenities: Beach Rights, Gated, Barbecue
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Clubhouse, Cable TV, Fitness Facility, Insurance, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Security, Tennis Courts, Trash, Water

Schools

  • Middle Or Junior School: Surfside

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Annual Amount: 7158.0
  • Tax Year: 2024

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

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
2024 $7,277 $546,084 -- --
2023 $7,277 $496,440 $0 $0
2022 $6,316 $451,309 $0 $0
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 $4,048 $308,620 $0 $0
2015 $3,743 $280,564 $0 $0
2014 $3,665 $268,950 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $850,000 -- $452 / Sq Ft
Source: Central Panhandle Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $390,000 --
Warranty Deed $485,000 Lawyers Title Ins
Warranty Deed $407,500 Lawyers Title Agency Of Nort
Warranty Deed $330,000 Lawyers Title Agency Of Nort
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $312,000 Adjustable Rate Mortgage/ARM
Previous Owner $254,402 Future Advance Clause Open End Mortgage
Source: Public Records

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See All Homes in Panama City Beach

Source: Central Panhandle Association of REALTORS®

MLS Number: 777848

Central Panhandle Association of REALTORS®

APN: 30840-756-000

Florida Bay County Panama City Beach 32408

7205 Thomas E206 Dr Unit 206, Panama City Beach, FL

This home is located at 7205 Thomas E206 Dr Unit 206, Panama City Beach, FL 32408 and is currently priced at $850,000, approximately $451 per square foot. This property was built in 1985. 7205 Thomas E206 Dr Unit 206 is a home located in Bay County with nearby schools including Patronis Elementary School, J.R. Arnold High School, and Surfside Middle School.

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.

Nearby Homes
Barbara Wade
Listing Agent
Barbara Wade
Section Image
Beachy Beach Real Estate
(448) 231-3265