7205 Thomas Drive 1206, Panama City Beach, FL 32408
New Listing
$684,000
Property Type:
Residential
Bedrooms:
3
Baths:
2
Square Footage:
1,975
Status:
Active
Current Price:
$684,000
List Date:
8/19/2026
Last Modified:
8/19/2026
Overview
Description
…
(Read more)
Rare Gulf-Front Corner Unit | Huge Wrap-Around Balconies | Perfect Renovation Opportunity.
This is the dream property for someone who wants to put their own stamp on a true gulf-front unit. Located in the highly desirable Building E, this rare corner/end unit offers approximately 1,975 sq ft of heated living space with expansive panoramic emerald-green views.
Floor-to-ceiling glass sliders open to huge wrap-around balconies from all three gulf-front bedrooms and the living room, flooding the entire unit with natural light and stunning views. The living area features a full wall of glass overlooking the Gulf, and the kitchen is positioned to enjoy the gulf views as well, allowing you to cook while watching the beach.
The thoughtful split floor plan provides excellent privacy, with the master suite separated from the guest bedrooms. A flexible bonus room off the master can easily become a walk-in closet, office, or additional sleeping space. The unit comfortably sleeps 10-14 guests depending on configuration.
A new outer shell has already been installed, so the expensive exterior work is complete. This unit is a true blank canvas with strong bones, incredible views, and substantial balcony space — ready for your personal finishes.
Resort amenities include beachfront bar & grill, two heated pools, tennis and pickleball courts, gated security, direct beach access, and deeded covered parking. Short-term rentals are allowed, making this an excellent candidate for a high-performing vacation rental once updated, or a spectacular second home you can fully customize.
Listing Details MLS# 788474
Contract Info
- List Price/SqFt
- 346.33
Location
- Area
- 03 – Bay County – Beach
- Street #
- 7205
- Street Name
- Thomas
- Street Suffix
- Drive
- Unit #
- 1206
- State
- FL
- Zip Code
- 32408
- County
- Bay
- Sub Area
- 0323 – Beach – South of Grand Lagoon
- Subdivision
- Dunes Of Panama Phase V
- Community/Resort
- None
- Waterfront
- Yes
- Gulf Access
- Yes
- Parcel ID
- 30840-816-000
- Elementary School
- Patronis
- Middle School
- Surfside
- High School
- Arnold
- Directions
- After crossing the Hathaway Bridge, continue a short distance and turn left directly onto Thomas Drive at the second traffic light. Then drive east/southeast on Thomas Drive until you reach 7205 (Dunes of Panama will be on your right or left depending on exact approach — about 2-3 miles total on Thomas Dr).
- Legal Description
- DUNES OF PANAMA PHASE V UNIT E-1206 & G-66 ORB 1015 P 1886 3BR 2B 1480 H&C ORB 4500 P 929
General Property Info
- Sub-Type
- Condominium
- Floor Number
- 12
- Design
- High-Rise (8+ floors)
- Apx SqFt(Htd/Cooled)
- 1975
- SqFt Source
- Owner Measured
- Full Baths
- 2
- Total Baths
- 2
- Accessory Dwelling Unit
- No
- Year Built
- 1985
- Construction Status
- Construction Complete
- New Construction
- Yes
- Garage Y/N
- Yes
- Garage Spaces
- Yes
- Covered Spaces
- Yes
- Lot Dimensions
- 0X0
- Pool
- Yes
- Pool Type
- Community
Listing Info, Tax and Legal
- HOA Fee
- Yes
- HOA Amount
- 1646
- HOA Frequency
- Monthly
- HOA Annual Amount
- 19752
- New Buyer Fee
- No
- Brokerage Interest
- No Interest
- Condo Doc
- Yes
Remarks & Misc
- Remarks
- Rare Gulf-Front Corner Unit | Huge Wrap-Around Balconies | Perfect Renovation Opportunity. This is the dream property for someone who wants to put their own stamp on a true gulf-front unit. Located in the highly desirable Building E, this rare corner/end unit offers approximately 1,975 sq ft of heated living space with expansive panoramic emerald-green views. Floor-to-ceiling glass sliders open to huge wrap-around balconies from all three gulf-front bedrooms and the living room, flooding the entire unit with natural light and stunning views. The living area features a full wall of glass overlooking the Gulf, and the kitchen is positioned to enjoy the gulf views as well, allowing you to cook while watching the beach. The thoughtful split floor plan provides excellent privacy, with the master suite separated from the guest bedrooms. A flexible bonus room off the master can easily become a walk-in closet, office, or additional sleeping space. The unit comfortably sleeps 10-14 guests depending on configuration. A new outer shell has already been installed, so the expensive exterior work is complete. This unit is a true blank canvas with strong bones, incredible views, and substantial balcony space — ready for your personal finishes. Resort amenities include beachfront bar & grill, two heated pools, tennis and pickleball courts, gated security, direct beach access, and deeded covered parking. Short-term rentals are allowed, making this an excellent candidate for a high-performing vacation rental once updated, or a spectacular second home you can fully customize.
Pool Features
- Heated – Electric
- Yes
More Information
Appliances
- Cooktop – Electric
- Yes
- Dishwasher
- Yes
- Microwave
- Yes
- Oven – Electric
- Yes
- Range – Electric
- Yes
- Water Heater – Electric
- Yes
Interior Features
- Floor – Tile
- Yes
- Split Bedroom
- Yes
Exterior
- Balcony
- Yes
Association Fees Include
- Exercise Room
- Yes
- Gated Community
- Yes
- Ground Keeping
- Yes
- Pool
- Yes
- Security
- Yes
- Sewer
- Yes
- Tennis
- Yes
- Water
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Furnished
- Furnished
- Yes
Interior
- Bonus Room
- Yes
- Floor – Carpet
- Yes
Kitchen
- First
- Yes
Parking Features
- Deeded
- Yes
Association Amenities
- Beach
- Yes
- Exercise Room
- Yes
- Pool
- Yes
- Tennis
- Yes
- Waterfront
- Yes
- Pickle Ball
- Yes
Rooms
- Bedroom
- Yes
- Kitchen
- Yes
- Primary Bedroom
- Yes
Utilities
- TV Cable
- Yes
- Electricity – Connected
- Yes
- Public Sewer – Connected
- Yes
- Public Water – Connected
- Yes
Waterview
- Gulf
- Yes
Sale Type
- As Is
- Yes
Waterfront Type
- Gulf
- Yes
Primary Bedroom
- First
- Yes
Bedroom
- First
- Yes
Cooling
- Central Air
- Yes
Heating
- Central
- Yes
Primary Bdrm/Primary Bath
- MBed Balcony
- Yes
- MBed Waterfront
- Yes
Primary Bath/Primary Bdrm
- MBath Shower/Tub Combo
- Yes
Security Features
- 24 Hour Security
- Yes
Property Features
Appliances:
Cooktop – Electric; Dishwasher; Microwave; Oven – Electric; Range – Electric; Water Heater – Electric
Primary Bedroom:
First
Bedroom:
First
Cooling:
Central Air
Heating:
Central
Exterior:
Balcony
Association Fees Include:
Exercise Room; Gated Community; Ground Keeping; Pool; Security; Sewer; Tennis; Water
Financing:
Cash; Conventional
Furnished:
Furnished
Interior:
Bonus Room; Floor – Carpet
Kitchen:
First
Pool Features:
Heated – Electric
Security Features:
24 Hour Security
Parking Features:
Deeded
Association Amenities:
Beach; Exercise Room; Pickle Ball; Pool; Tennis; Waterfront
Rooms:
Bedroom; Kitchen; Primary Bedroom
Sale Type:
As Is
Utilities:
TV Cable; Electricity – Connected; Public Sewer – Connected; Public Water – Connected
Waterfront Type:
Gulf
Waterview:
Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width | Remarks |
|---|---|---|---|---|---|
| Primary Bedroom | First | 17 x 16 | 17.00 | 16.00 | Buyer to verify/measure if deemed important |
| Bedroom | First | 15 x 13 | 15.00 | 13.00 | Buyer to verify/measure if deemed important |
| Bedroom | First | 14 x 13 | 14.00 | 13.00 | Buyer to verify/measure if deemed important |
| Kitchen | First | 10 x 9 | 10.00 | 9.00 | Buyer to verify/measure if deemed important |
Listing Office:
Blue Bird Woliver Realty
Last Updated: August – 19 – 2026
Information deemed reliable but not guaranteed.