7205 Thomas Drive 1205
Panama City Beach, FL 32408
MLS# 794992
2 beds | 2 baths | 1000 sqft
Property DescriptionWake up to sweeping Gulf views from this beautifully furnished 12th-floor residence in Dunes of Panama Phase V. This two-bedroom, two-bath condominium offers approximately 1,000 square feet and has been thoughtfully remodeled with custom cabinetry, quartz countertops, stainless appliances, refreshed baths, and updated lighting. The spacious 24-foot balcony is positioned for memorable sunsets and coastal breezes, while the primary suite enjoys Gulf views, balcony access, and a private bath. A stacked washer and dryer adds everyday convenience. This gated beachfront community offers direct beach access, pools, tennis courts, grilling areas, community spaces, 24-hour security, and ample parking. Ideally located on Thomas Drive near dining, boating, shopping, and entertainment, this furnished retreat is ready to enjoy as a beach getaway, second home, or vacation-rental opportunity. Community highlights include three Gulf-front pools, pickleball and tennis courts, basketball, shuffleboard, a fitness room, picnic and grilling areas, beach swings, and convenient poolside dining options. All measurements, room dimensions, square footage, features, restrictions, and other information are approximate, not guaranteed, and subject to error or change. Buyers and buyers' agents are responsible for independently verifying all information deemed material to their purchase decision.
Floor Number: 12
Design: High-Rise (8+ floors)
Apx SqFt(Htd/Cooled): 1000
Immediate Occupancy: No
Construction Status: Construction Complete
SqFt Source: Agent Measured
Balcony SqFt: 120
Accessory Dwelling Unit: No
Lot Dimensions: N/A
New Construction: No
Pool Type: Community
Sub-Type: Condominium
Total Baths: 2
Year Built: 1985
List Price/SqFt: 469
Status: Active
List Date: 2026-08-17
List Price: $469,000
Unit #: 1205
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Joan Avenue and Thomas Drive, travel east approximately one mile. Dunes of Panama is on the right (Gulf side). The property is in the easternmost, tallest building. Park on the upper level and walk down one level to the elevators.
Area: 03 - Bay County - Beach
Street #: 7205
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Dunes Of Panama Phase V
Parcel ID: 30840-815-000
Legal Description: DUNES OF PANAMA PHASE V UNIT E-1205 ORB 1015 P 1886 2BR 2B 1000 H&C ORB 4381 P 1032
HOA Fee: Yes
HOA Amount: 2802
HOA Frequency: Quarterly
HOA Annual Amount: 11208
New Buyer Fee: No
Last Taxes: 4566.05
Last Tax Year: 2025
Brokerage Interest: No Interest
Remarks: Wake up to sweeping Gulf views from this beautifully furnished 12th-floor residence in Dunes of Panama Phase V. This two-bedroom, two-bath condominium offers approximately 1,000 square feet and has been thoughtfully remodeled with custom cabinetry, quartz countertops, stainless appliances, refreshed baths, and updated lighting. The spacious 24-foot balcony is positioned for memorable sunsets and coastal breezes, while the primary suite enjoys Gulf views, balcony access, and a private bath. A stacked washer and dryer adds everyday convenience. This gated beachfront community offers direct beach access, pools, tennis courts, grilling areas, community spaces, 24-hour security, and ample parking. Ideally located on Thomas Drive near dining, boating, shopping, and entertainment, this furnished retreat is ready to enjoy as a beach getaway, second home, or vacation-rental opportunity. Community highlights include three Gulf-front pools, pickleball and tennis courts, basketball, shuffleboard, a fitness room, picnic and grilling areas, beach swings, and convenient poolside dining options. All measurements, room dimensions, square footage, features, restrictions, and other information are approximate, not guaranteed, and subject to error or change. Buyers and buyers' agents are responsible for independently verifying all information deemed material to their purchase decision.
Cooktop - Electric: 1
Dishwasher: 1
Microwave: 1
Oven - Electric: 1
Refrigerator: 1
Washer/Dryer Stacked: 1
Water Heater - Electric: 1
Breakfast Bar: 1
Floor - Tile: 1
Balcony: 1
Patio Covered: 1
Community Room: 1
Dumpster: 1
Exercise Room: 1
Gated Community: 1
Internet Service: 1
Laundry: 1
Near Beach Access: 1
Near Public Boat Ramp: 1
Sand Dunes: 1
Waterfront: 1
City Street: 1
Gated Access: 1
Basketball Court: 1
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Dumpster: 1
Exercise Room: 1
Gated Community: 1
Laundry: 1
Pickle Ball: 1
Shuffleboard Court: 1
Full Bathroom: 1
Kitchen: 1
Living Room: 1
Primary Bathroom: 1
Electricity - Connected: 1
Garbage: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Appliances: Cooktop - Electric; Dishwasher; Disposal; Ice Maker; Microwave; Oven - Electric; Refrigerator; Washer/Dryer Stacked; Water Heater - Electric
Exterior: Balcony; Patio Covered
Association Fees Include: BBQ Pit/Grill; Beach; TV Cable; Community Room; Dumpster; Exercise Room; Gated Community; Internet Service; Laundry; Picnic Area; Pool; Sewer; Telephone; Tennis; Water
Financing: Cash; Conventional
Lot Features: Near Beach Access; Near Public Boat Ramp; Sand Dunes; Waterfront
Lot Access: City Street; County Road; Gated Access
Other Structures: Tennis Court(s)
Association Amenities: Basketball Court; BBQ Pit/Grill; Beach; Community Room; Dumpster; Exercise Room; Gated Community; Laundry; Pickle Ball; Picnic Area; Pool; Shuffleboard Court; Tennis; Waterfront
Rooms: Balcony; Bedroom; Full Bathroom; Kitchen; Living Room; Primary Bathroom; Primary Bedroom
Utilities: Electricity - Connected; Garbage; Public Sewer - Connected; Public Water - Connected
| Room Name | Dimensions | Length | Width |
| Primary Bedroom | 16 x 12 | 16.00 | 12.00 |
| Bedroom | 12 x 11 | 12.00 | 11.00 |
| Living Room | 26 x 12 | 26.00 | 12.00 |
| Kitchen | 12 x 10 | 12.00 | 10.00 |
| Primary Bathroom | 12 x 9 | 12.00 | 9.00 |
| Full Bathroom | 8 x 6 | 8.00 | 6.00 |
| Balcony | 24 x 5 | 24.00 | 5.00 |
Listing Office: Allison James Estates & Homes
Last Updated: September - 03 - 2026
Information deemed reliable but not guaranteed.