7205 Thomas Drive D303, Panama City Beach, FL 32408 (MLS# 786888)

7205 Thomas Drive D303, Panama City Beach, FL 32408

New Listing

$485,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,050 Status: Active

Current Price: $485,000 List Date: 6/22/2026 Last Modified: 6/22/2026

Overview

Description

Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the Dunes of Panama Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $46,243, 2025 $47,987 The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickle ball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. All Milestone report repairs are completed and ALL assessments have been paid! All dimensions and information herein are deemed re … (Read more)

Listing Details MLS# 786888

Contract Info

List Price/SqFt: 461.9

Location

Area: 03 – Bay County – Beach
Street #: 7205
Street Name: Thomas
Street Suffix: Drive
Unit #: D303
State: FL
Zip Code: 32408
County: Bay
Sub Area: 0323 – Beach – South of Grand Lagoon
Subdivision: Dunes Of Panama Phase IV
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Parcel ID: 30840-538-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From the corner of Joan Avenue and Thomas Drive, go East (Left) on Thomas Drive for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Security at the entrance.
Legal Description: DUNES OF PANAMA PHASE IV CONDO UNIT D-303 ORB 889 P 221 2BR 1.5B 900 H&C ORB 4075 P 1981

General Property Info

Sub-Type: Condominium
Floor Number: 3
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1050
SqFt Source: Builders Plans
Full Baths: 2
Total Baths: 2
# of Stories in Building: 12
# of Units in Bldg: 72
Year Built: 1982
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: No
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 915
HOA Frequency: Monthly
HOA Annual Amount: 10980
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 4113
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the Dunes of Panama Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $46,243, 2025 $47,987 The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickle ball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. All Milestone report repairs are completed and ALL assessments have been paid! All dimensions and information herein are deemed reliable but should be verified by buyer. Showers, flooring, toilets and appliances replaced in 2021. Freshly painted, and new washer/dryer in 2022. New AC, guest bedroom furniture, coffee and end tables in 2024

Dining Room

First: Yes

More Information

Pool Features

Inground: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range – Electric: Yes
Refrigerator: Yes
Washer: Yes
Water Heater – Electric: Yes

Interior Features

Breakfast Bar: Yes
Floor – Vinyl Plank: Yes
Lock Out Closet: Yes
Pantry: Yes
Window – Treatment All: Yes

Construction/Siding

Concrete: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes

Association Fees Include

BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Conference Center: Yes
Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Internet-WiFi: Yes
Management: Yes
Master Association: Yes
Pest Control: Yes
Picnic Area: Yes
Pool: Yes
Sewer: Yes
Tennis: Yes
Trash Disposal: Yes
TV Cable: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Living Room

First: Yes

Lot Features

Waterfront: Yes

Lot Access

City Street: Yes

Parking Features

Additional Parking: Yes
Parking Lot: Yes

Association Amenities

Basketball Court: Yes
BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Conference Center: Yes
Dumpster: Yes
Elevators: Yes
Exercise Room: Yes
Gated Community: Yes
Picnic Area: Yes
Pool: Yes
Security-24 hour: Yes
Tennis: Yes
Waterfront: Yes
Pickle Ball: Yes
Shuffleboard Court: Yes

Rooms

Bedroom: Yes
Dining Room: Yes
Living Room: Yes
Primary Bedroom: Yes

Utilities

Electricity – Connected: Yes
Garbage: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Accessibility Features

Accessible Entrance: Yes

Sale Type

As Is: Yes

Waterfront Type

Gulf: Yes

Primary Bedroom

First: Yes

Bedroom

First: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Electric: Yes

Heating

Central: Yes
Electric: Yes

Primary Bdrm/Primary Bath

MBath Shower Only: Yes
MBed Balcony: Yes
MBed First Floor: Yes
MBed Walk-in Closet: Yes
MBed Waterfront: Yes

Security Features

24 Hour Security: Yes
Fire Alarm: Yes
Firewall(s): Yes
Gated Community: Yes
Gated with Guard: Yes
Security Gate: Yes
Security Guard: Yes
Smoke Detector(s): Yes

Property Features

Accessibility Features: Accessible Entrance Appliances: Dishwasher; Disposal; Dryer; Microwave; Range – Electric; Refrigerator; Washer; Water Heater – Electric Primary Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Association Fees Include: BBQ Pit/Grill; Beach; TV Cable; Community Room; Exercise Room; Gated Community; Internet-WiFi; Ground Keeping; Management; Master Association; Conference Center; Pest Control; Picnic Area; Pool; Sewer; Tennis; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Living Room: First Lot Features: Waterfront Lot Access: City Street Dining Room: First Pool Features: Inground Security Features: 24 Hour Security; Fire Alarm; Firewall(s); Gated Community; Gated with Guard; Security Gate; Security Guard; Smoke Detector(s) Parking Features: Additional Parking; Parking Lot Association Amenities: Basketball Court; BBQ Pit/Grill; Beach; Community Room; Dumpster; Elevators; Exercise Room; Gated Community; Conference Center; Pickle Ball; Picnic Area; Pool; Security-24 hour; Shuffleboard Court; Tennis; Waterfront Rooms: Bedroom; Dining Room; Living Room; Primary Bedroom Sale Type: As Is Utilities: Electricity – Connected; Garbage; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach Waterview: Gulf

Room Information

Room Name	Level	Dimensions	Length	Width
Master Bedroom	First	16 x 12	16.00	12.00
Bedroom	First	12 x 12	12.00	12.00
Living Room	First	14 x 12	14.00	12.00
Dining Room	First	12 x 12	12.00	12.00

Listing Office: Bright Realty Solutions

Last Updated: June – 22 – 2026

Information deemed reliable but not guaranteed.