7205 Thomas Drive E706, Panama City Beach, FL 32408

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7205 Thomas Drive E706, Panama City Beach, FL 32408

$749,000

Beautiful upscale condo in great surroundings.

Full view of the kitchen, with stainless steel appliances.

Stainless-steel appliances; and beautiful countertops with great storage.

Dining area with mirrored walls and a fantastic view of the Gulf.

From the corner of the dining area, to view the entire living area.

View from the dining area into the living area.

What a generous view of the living area.

This stunning living area has an awesome view.

Looking at the master and bedroom, and the living area.

The master bathroom with great counter space.

Master bathroom with a fantastic shower.

Primary Bedroom with a balcony and view of the Gulf.

Another view of the Primary bedroom and balcony.

Bedroom #2 also has a balcony and a view.

Bedroom #3 with a balcony and a view of the Gulf.

This beautiful 3rd bedroom has a carpet room with a fabulous balcony and view of the Gulf.

Great view of the balcony from the 3rd bedroom.

What an awesome balcony that surrounds the unit.

View from the balcony overlooking the Gulf.

These Adirondack chairs sit on the balcony, offering a view of the Gulf.

Looking down to the pool from the balcony.

World Class pool, World class amenities,

Outside view of the Bar and Grill and Snack Shop

Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,974 Status: Active

Current Price: $749,000 List Date: 1/19/2026 Last Modified: 6/17/2026

Overview

Description

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.

Supplements: 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 ... (Read more)

Listing Details MLS# 993187

Contract Info

List Price/SqFt: 379.43
Listing Board: Emerald Coast

Location Tax and Legal

Area: 27 - Bay County
Street #: 7205
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Project Name/Subdivision: DUNES OF PANAMA PH 5 CONDO
Parcel ID: 30840-786-000

General Property Info

Sub-Type: Condominium
Design: N/A
Apx SqFt(Htd/Cooled): 1974
SqFt Source: Building Plan
Full Baths: 2
Total Bathrooms: 2
Stories In Unit: 21
Unit Floors Above Ground: 7
Year Built: 1985
Garage: Yes
Carport: No
Garage Spaces: Yes
userdefined76: Yes
Pool: Yes
Pool Type: Community

Location, Tax and Legal

Unit #: E706
Sub Area: 2719 - Beach - East
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Legal Description: DUNES OF PANAMA PHASE V UNIT E-706 & GARAGE SPACE 59 ORB 1886 P 1996A 3BR 2B 1480 H&C ORB 3778 P 1844 ORB 4449 P 533

Listing Info, Tax & Legal

Is Subject Leased: No
Assessment Fees: Yes
Assessment Amount: 1746
Annual Assessment Amount: 20952
Assessment Paid: Monthly
New Buyer Fee: Yes
New Buyer Fee Amt: 250
New Buyer Fee Paid: $
Brokerage Interest: No Interest
As Is: Yes

More Information

Remarks & Misc

Remarks: 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.

Waterfront

Gulf: Yes
Shore - Beach: Yes
Shore - Natural: Yes
Unit Waterfront: Yes

Construction Status

Construction Complete: Yes

Parking Features

Deeded: Yes
Garage: Yes
Garage Detached: Yes

Waterview

Gulf: Yes

Project Facilities

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

Construction/Siding

Concrete: Yes
Foundation On Piling: Yes
Stucco: Yes

Utilities

Electric: Yes
Public Sewer: Yes
Public Water: Yes
TV Cable: Yes

Exterior

Balcony: Yes
BBQ Pit/Grill: Yes
Pavillion/Gazebo: Yes
Pool - In-Ground: Yes
Tennis Court: Yes

Interior

Breakfast Bar: Yes
Ceiling Crwn Molding: Yes
Floor Tile: Yes
Floor WW Carpet: Yes
Furnished - All: Yes
Split Bedroom: Yes
Washer/Dryer Hookup: Yes

Financing

Conventional: Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Oven Self Cleaning: Yes
Refrigerator: Yes
Smoke Detector: Yes
Stove/Oven Electric: Yes
Washer: Yes

Energy

AC - Central Elect: Yes
Ceiling Fans: Yes
Heat Cntrl Electric: Yes
See Remarks: Yes
Water Heater - Elect: Yes

Mstr Bdrm/Mstr Bath

MBath Shower Only: Yes
MBath Tile: Yes
MBed Balcony: Yes
MBed Carpeted: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Kitchen

First: Yes

Living Room

First: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Kitchen: Yes
Living Room: Yes
Master Bedroom: Yes

Fees Include

Ground Keeping: Yes
Insurance: Yes
Management: Yes
Recreational Faclty: Yes
Repairs/Maintenance: Yes
Security: Yes
Trash: Yes

Property Features

Construction Status: Construction Complete Waterfront: Gulf; Shore - Beach; Shore - Natural; Unit Waterfront Waterview: Gulf Parking Features: Deeded; Garage; Garage Detached Project Facilities: BBQ Pit/Grill; Community Room; Elevators; Picnic Area; Pool; Short Term Rental - Allowed; TV Cable Exterior: Balcony; BBQ Pit/Grill; Pavillion/Gazebo; Pool - In-Ground; Tennis Court Interior: Breakfast Bar; Ceiling Crwn Molding; Floor Tile; Floor WW Carpet; Furnished - All; Split Bedroom; Washer/Dryer Hookup Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Oven Self Cleaning; Refrigerator; Smoke Detector; Stove/Oven Electric; Washer Utilities: Electric; Public Sewer; Public Water; TV Cable Energy: AC - Central Elect; Ceiling Fans; Heat Cntrl Electric; See Remarks; Water Heater - Elect Master Bedroom: First Bedroom: First Kitchen: First Living Room: First Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Financing: Conventional Fees Include: Ground Keeping; Insurance; Management; Recreational Faclty; Repairs/Maintenance; Security; Trash

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Master Bedroom	First	16 x 14	16.00	14.00	All Measurements are approximate; Buyer to verify.
Bedroom	First	14 x 12	14.00	12.00
Bedroom	First	16 x 12	16.00	12.00
Living Room	First	16 x 16	16.00	16.00
Dining Room	First	14 x 10	14.00	10.00	With a Walkin closet.
Kitchen	First	12 x 9	12.00	9.00

Listing Office: Keller Williams Realty SRB

Last Updated: June - 17 - 2026

All information is believed to be accurate but is not guaranteed. Protected by Copyright© 2026 and is owned either by the Emerald Coast Association of REALTORS®, Inc or by the developers of the software, FBS, Inc. All rights reserved.