7205 Thomas Drive E704, Panama City Beach, FL 32408 (MLS# 789765)

7205 Thomas Drive E704, Panama City Beach, FL 32408

$500,000

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 1,289 Status: Active

Current Price: $500,000 List Date: 5/12/2026 Last Modified: 6/25/2026

Overview

Description

Dunes of Panama E704 – Million dollar views from this perfectly situated 2 bed/2bath, 1,289sq.ft. gulf front condo! Gulf front balcony spans the width of the condo with perfect Gulf front views from the kitchen, living room, master bedroom, and the balcony also overlooks one of three pools! Watch endless sunsets from this much sought after, mid-level floor condo. Relax, unwind and enjoy your beautiful piece of paradise! Also comes with a deeded parking space worth over $15,000 in the gated and secured parking garage with covered access to the entrance of 'E' building. Great rental potential or live in your own piece of paradise. 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. A/C has been recently replaced and Water Heater is 2023. NOTE: The second bedro … (Read more)

Listing Details MLS# 789765

Contract Info

List Price/SqFt: 387.9

Location

Area: 03 – Bay County – Beach
Street #: 7205
Street Name: Thomas
Street Suffix: Drive
Unit #: E704
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: 30840-784-000
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. Follow road to the left and park anywhere on top of parking garage or in parking lot. 'E' building is the tallest building of the Dunes and right next to Hidden Dunes.
Legal Description: DUNES OF PANAMA PHASE V UNIT E-704 ORB 3247 P 445 2BR 2B 1000 H&C and Garage Unit #G-65

General Property Info

Sub-Type: Condominium
Floor Number: 7
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1289
SqFt Source: Builders Plans
Full Baths: 2
Total Baths: 2
# of Stories in Building: 20
# of Units in Bldg: 114
Year Built: 1985
Immediate Occupancy: Yes
Pre-Const Flip: No
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: Yes
Lot Dimensions: 0x0
Beach Frontage: 1500
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

Homestead: No
HOA Fee: Yes
HOA Amount: 1154
HOA Frequency: Monthly
HOA Annual Amount: 13848
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 4037.66
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Condo Doc: Yes

Remarks & Misc

Remarks: Dunes of Panama E704 – Million dollar views from this perfectly situated 2 bed/2bath, 1,289sq.ft. gulf front condo! Gulf front balcony spans the width of the condo with perfect Gulf front views from the kitchen, living room, master bedroom, and the balcony also overlooks one of three pools! Watch endless sunsets from this much sought after, mid-level floor condo. Relax, unwind and enjoy your beautiful piece of paradise! Also comes with a deeded parking space worth over $15,000 in the gated and secured parking garage with covered access to the entrance of 'E' building. Great rental potential or live in your own piece of paradise. 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. A/C has been recently replaced and Water Heater is 2023. NOTE: The second bedroom suite, recliner, coffee table, a few small kitchen items and the balcony furniture do not convey. Has been a non-rental and part time home of the owner so there is no rental history. Similar units generate around $45-$60K annually and can be more. All dimensions and information herein are deemed reliable but should be verified by buyer.

Pool Features

Inground: Yes

More Information

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 – Tile: Yes
Pantry: Yes
Split Bedroom: Yes
Window – Treatment All: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes

Association Fees Include

BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Internet-WiFi: Yes
Management: Yes
Master Association: Yes
Pool: Yes
Security: Yes
Sewer: Yes
Tennis: Yes
Trash Disposal: Yes
Water: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Floor – Carpet: Yes

Kitchen

First: Yes

Living Room

First: Yes

Parking Features

Additional Parking: Yes
Deeded: Yes
Parking Lot: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Conference Center: 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
Kitchen: 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

MBed Balcony: Yes
MBed First Floor: Yes
MBed Walk-in Closet: Yes
MBed Waterfront: Yes

Primary Bath/Primary Bdrm

MBath Shower/Tub Combo: Yes

Security Features

24 Hour Security: Yes
Fire Alarm: Yes
Firewall(s): Yes
Gated Community: 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; Community Room; Exercise Room; Gated Community; Internet-WiFi; Ground Keeping; Management; Master Association; Pool; Security; Sewer; Tennis; Trash Disposal; Water Financing: Cash; Conventional Furnished: Furnished Interior: Floor – Carpet Kitchen: First Living Room: First Pool Features: Inground Security Features: 24 Hour Security; Fire Alarm; Firewall(s); Gated Community; Security Gate; Security Guard; Smoke Detector(s) Parking Features: Additional Parking; Deeded; Parking Lot Association Amenities: BBQ Pit/Grill; Beach; Community Room; Elevators; Exercise Room; Gated Community; Conference Center; Pickle Ball; Picnic Area; Pool; Security-24 hour; Shuffleboard Court; Tennis; Waterfront Rooms: Bedroom; Kitchen; 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
Primary Bedroom	First	20 x 16	20.00	16.00
Bedroom	First	12 x 11	12.00	11.00
Living Room	First	24 x 21	24.00	21.00
Kitchen	First	11 x 8	11.00	8.00

Listing Office: Bright Realty Solutions

Last Updated: June – 25 – 2026

Information deemed reliable but not guaranteed.