7205 Thomas Drive 1206, Panama City Beach, FL 32408 (MLS# 788474)

7205 Thomas Drive 1206, Panama City Beach, FL 32408

$684,000

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Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,975 Status: Active

Current Price: $684,000 List Date: 4/16/2026 Last Modified: 6/25/2026

Overview

Description

Under $350 per foot for a gulf front unit! Rare Corner Unit with Wrap-Around Balcony and panoramic views! Gulf-Front 3-Bedroom + Bunk Room Condo with a deeded covered parking space! This spacious corner/end-unit in the highly desired Building E offers approximately 1,975 sq ft of heated and cooled living space with an oversized wrap-around balcony. Floor-to-ceiling glass sliders open from all three gulf-front bedrooms directly onto the balcony, delivering stunning emerald-green views from every room. The dramatic living area features a full wall of glass doors overlooking the Gulf, with the dining space positioned perfectly for emerald views. The kitchen sits just behind, offering ample cabinet and countertop space–so you can cook while enjoying the beach scenery. A thoughtful split floor plan provides excellent privacy: the master suite (with gulf views and two closets) is separated from the guest bedrooms. The master also includes a flexible bonus room that currently serves as a … (Read more) Under $350 per foot for a gulf front unit! Rare Corner Unit with Wrap-Around Balcony and panoramic views! Gulf-Front 3-Bedroom + Bunk Room Condo with a deeded covered parking space! This spacious corner/end-unit in the highly desired Building E offers approximately 1,975 sq ft of heated and cooled living space with an oversized wrap-around balcony. Floor-to-ceiling glass sliders open from all three gulf-front bedrooms directly onto the balcony, delivering stunning emerald-green views from every room. The dramatic living area features a full wall of glass doors overlooking the Gulf, with the dining space positioned perfectly for emerald views. The kitchen sits just behind, offering ample cabinet and countertop space–so you can cook while enjoying the beach scenery. A thoughtful split floor plan provides excellent privacy: the master suite (with gulf views and two closets) is separated from the guest bedrooms. The master also includes a flexible bonus room that currently serves as a sleeping room but can easily convert into a walk-in closet, office or bunk room! Along the second hallway, you’ll find two generous guest bedrooms–one with its own private balcony and the other comfortably accommodating two queen beds and glass sliders leading to the balcony. This flexible layout sleeps 10 guests comfortably, or up to 12-14 when using the bonus room as bunk space. There is also a full bathroom along this hallway. Additional features include: A convenient walk-in laundry room near the entry Deeded covered parking space in the garage Resort amenities are excellent: a beachfront café, beach bar, two heated pools (including one large pool), tennis court, pickleball court, gated security, and direct beach access. Short-term rentals are allowed, making this an outstanding investment property or second home. Priced extremely well with plenty of room to personalize and update to your taste, this rare gulf-front corner unit offers expansive views and endless possibilities on the beautiful Emerald Coast.

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
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: Under $350 per foot for a gulf front unit! Rare Corner Unit with Wrap-Around Balcony and panoramic views! Gulf-Front 3-Bedroom + Bunk Room Condo with a deeded covered parking space! This spacious corner/end-unit in the highly desired Building E offers approximately 1,975 sq ft of heated and cooled living space with an oversized wrap-around balcony. Floor-to-ceiling glass sliders open from all three gulf-front bedrooms directly onto the balcony, delivering stunning emerald-green views from every room. The dramatic living area features a full wall of glass doors overlooking the Gulf, with the dining space positioned perfectly for emerald views. The kitchen sits just behind, offering ample cabinet and countertop space–so you can cook while enjoying the beach scenery. A thoughtful split floor plan provides excellent privacy: the master suite (with gulf views and two closets) is separated from the guest bedrooms. The master also includes a flexible bonus room that currently serves as a sleeping room but can easily convert into a walk-in closet, office or bunk room! Along the second hallway, you'll find two generous guest bedrooms–one with its own private balcony and the other comfortably accommodating two queen beds and glass sliders leading to the balcony. This flexible layout sleeps 10 guests comfortably, or up to 12-14 when using the bonus room as bunk space. There is also a full bathroom along this hallway. Additional features include: A convenient walk-in laundry room near the entry Deeded covered parking space in the garage Resort amenities are excellent: a beachfront café, beach bar, two heated pools (including one large pool), tennis court, pickleball court, gated security, and direct beach access. Short-term rentals are allowed, making this an outstanding investment property or second home. Priced extremely well with plenty of room to personalize and update to your taste, this rare gulf-front corner unit offers expansive views and endless possibilities on the beautiful Emerald Coast.

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: June – 25 – 2026

Information deemed reliable but not guaranteed.