7205 Thomas Drive E706, Panama City, FL 32408 (MLS# 783877)

7205 Thomas Drive E706, Panama City, FL 32408

$749,000

Beautiful upscale condo with 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.

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

Current Price: $749,000 List Date: 1/19/2026 Last Modified: 6/03/2026

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. 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 center, and on-site snack shop. Perfect as a primary residence, second home, or high-perfor … (Read more)

Listing Details MLS# 783877

Contract Info

List Price/SqFt: 379.43

Location

Area: 03 – Bay County – Beach
Street #: 7205
Street Name: Thomas
Street Suffix: Drive
Unit #: E706
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: 30840-786-000
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: On Thomas Dr., condo unit is gulf front. After security gate, vear left. Building E is third on right. Parking is available out front of building or on top of garage. 7th Floor unit.
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

General Property Info

Sub-Type: Condominium
Floor Number: 7
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1974
SqFt Source: Builders Plans
Full Baths: 2
Total Baths: 2
Year Built: 1985
Construction Status: Construction Complete
New Construction: No
Garage Y/N: Yes
Garage Spaces: Yes
Lot Dimensions: 0x0
Pool: Yes
Pool Type: Community

Listing Info, Tax and Legal

HOA Fee: Yes
HOA Amount: 1746
HOA Frequency: Monthly
HOA Annual Amount: 20952
New Buyer Fee: Yes
New Buyer Fee Amt: 250
New Buyer Fee Paid: $
Last Taxes: 6818
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: No
Condo Doc: Yes

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. 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 center, and on-site snack shop. Perfect as a primary residence, second home, or high-performing rental investment, this stunning condo delivers the ultimate beachfront lifestyle. A must-see opportunity with so much to offer. Buyer to verify all information deemed important. This comes with 1 garage space.

Dining Room

First: Yes

More Information

Pool Features

Inground: Yes

Appliances

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

Interior Features

Breakfast Bar: Yes
Ceiling – Crwn Molding: Yes
Elevator: Yes
Floor – Tile: Yes
Split Bedroom: Yes
Window – Treatment All: Yes

Construction/Siding

Concrete: Yes
Foundation – On Piling: Yes
Siding – Stucco: Yes

Exterior

Balcony: Yes

Waterfront Feature

Shore – Beach: Yes
Shore – Natural: Yes

Association Fees Include

Accounting: Yes
BBQ Pit/Grill: Yes
Beach: Yes
Dumpster: Yes
Exercise Room: Yes
Gated Community: Yes
Ground Keeping: Yes
Insurance: Yes
Master Association: Yes
Pavilion/Gazebo: Yes
Pest Control: Yes
Picnic Area: Yes
Pool: Yes
Recreational Faclty: Yes
Security: Yes
Tennis: Yes
Trash Disposal: Yes
TV Cable: Yes

Financing

Cash: Yes
Conventional: Yes

Furnished

Furnished: Yes

Interior

Floor – Carpet: Yes

Kitchen

First: Yes

Living Room

First: Yes

Lot Features

Sand Dunes: Yes
Waterfront: Yes

Lot Access

Paved Road: Yes

Parking Features

Additional Parking: Yes
Deeded: Yes
Garage Detached: Yes

Mstr Bath / Mstr Bdrm

MBath Shower Only: Yes
MBath Walk-In Closet: Yes
MBed Balcony: Yes

Present Zoning

Resid Multi-Family: Yes

Association Amenities

BBQ Pit/Grill: Yes
Beach: Yes
Community Room: Yes
Exercise Room: Yes
Game Room: Yes
Gated Community: Yes
Pavilion/Gazebo: Yes
Picnic Area: Yes
Pool: Yes
Retail Shops: Yes
Security-24 hour: Yes
Tennis: Yes
Waterfront: Yes
Pickle Ball: Yes
Recreation Facilities: Yes

Rooms

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

Showing

ShowingTime: Yes

Utilities

TV Cable: Yes
Electricity – Connected: Yes
Internet – Broadband Available: Yes
Public Sewer – Connected: Yes
Public Water – Connected: Yes

Waterview

Gulf: Yes

Sale Type

As Is: Yes

Waterfront Type

Gulf: Yes

Master Bedroom

First: Yes

Bedroom

First: Yes

Cooling

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

Heating

Central: Yes
Electric: Yes

Security Features

24 Hour Security: Yes
Building Security: Yes
Gated Community: Yes
Smoke Detector(s): Yes

Property Features

Appliances: Cooktop – Electric; Dishwasher; Disposal; Dryer; Microwave; Oven – Electric; Range – Electric; Refrigerator; Washer; Water Heater – Electric Master Bedroom: First Bedroom: First Cooling: Ceiling Fan(s); Central Air; Electric Heating: Central; Electric Exterior: Balcony Association Fees Include: Accounting; BBQ Pit/Grill; Beach; TV Cable; Dumpster; Exercise Room; Gated Community; Insurance; Ground Keeping; Master Association; Pavilion/Gazebo; Pest Control; Picnic Area; Pool; Recreational Faclty; Security; Tennis; Trash Disposal Financing: Cash; Conventional Furnished: Furnished Interior: Floor – Carpet Kitchen: First Living Room: First Lot Features: Sand Dunes; Waterfront Lot Access: Paved Road Dining Room: First Pool Features: Inground Security Features: 24 Hour Security; Building Security; Gated Community; Smoke Detector(s) Parking Features: Additional Parking; Deeded; Garage Detached Association Amenities: BBQ Pit/Grill; Beach; Community Room; Exercise Room; Game Room; Gated Community; Pavilion/Gazebo; Pickle Ball; Picnic Area; Pool; Recreation Facilities; Retail Shops; Security-24 hour; Tennis; Waterfront Rooms: Bedroom; Dining Room; Kitchen; Living Room; Master Bedroom Sale Type: As Is Showing: ShowingTime Utilities: TV Cable; Electricity – Connected; Internet – Broadband Available; Public Sewer – Connected; Public Water – Connected Waterfront Type: Gulf Waterfront Feature: Shore – Beach; Shore – Natural Waterview: Gulf Present Zoning: Resid Multi-Family

Room Information

Room Name	Level	Dimensions	Length	Width	Remarks
Master Bedroom	First	16 x 14	16.00	14.00	Measurements approximate; buyer to very
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
Kitchen	First	12 x 9	12.00	9.00

Listing Office: Keller Williams Realty Emerald

Last Updated: June – 03 – 2026

Information deemed reliable but not guaranteed.