7205 Thomas Drive A105
Panama City Beach, FL 32408
MLS# 797266
2 beds | 2 baths | 1600 sqft
Property DescriptionPrime Gulf-Front Corner Unit at the Dunes of Panama! The only one of its kind in the building!
Enjoy endless, unobstructed views of the Emerald Coast from every room in this beautiful and spacious 2-bedroom, 2-bath Gulf-front condo with 1,600 sq. ft. of bright, open living space! This corner unit offers panoramic views from the living room, dining room, kitchen and both bedrooms.
STR - this is a proven income producer, this property generated $99,968 in 2023, $96,050 in 2024, and $77,863 for 2025. Whether you're seeking a luxury beachfront retreat or a strong-performing investment, this Dunes of Panama condo delivers exceptional views and returns.
*Major Milestone repairs are completed and just finishing some small details, and all assessments have been paid!
The Dunes of Panama Resort has 1,500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickleball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside
Floor Number: 1
Design: Mid-Rise (4-7 floors)
Apx SqFt(Htd/Cooled): 1600
Immediate Occupancy: Yes
Construction Status: Construction Complete
SqFt Source: Builders Plans
# of Stories in Building: 7
# of Units in Bldg: 63
Accessory Dwelling Unit: No
Pre-Const Flip: No
Lot Dimensions: 0x0
New Construction: No
Pool Type: Community
Sub-Type: Condominium
Total Baths: 2
Year Built: 1974
List Price/SqFt: 371.88
Status: Active
List Date: 2026-11-01
List Price: $595,000
Unit #: A105
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 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.
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 I
Parcel ID: 30840-006-000
Legal Description: DUNES OF PANAMA PHASE I UNIT #A-105 1BR 1B 960 H&C ORB 2038 P 741 ORB 2861 P 1284
Homestead: No
HOA Fee: Yes
HOA Amount: 1176
HOA Frequency: Monthly
HOA Annual Amount: 14112
Senior Community: No
Is Subject Leased: No
New Buyer Fee: No
Last Taxes: 4209.62
Last Tax Year: 2025
Brokerage Interest: No Interest
As Is: Yes
Remarks: Prime Gulf-Front Corner Unit at the Dunes of Panama! The only one of its kind in the building!
Enjoy endless, unobstructed views of the Emerald Coast from every room in this beautiful and spacious 2-bedroom, 2-bath Gulf-front condo with 1,600 sq. ft. of bright, open living space! This corner unit offers panoramic views from the living room, dining room, kitchen and both bedrooms.
STR - this is a proven income producer, this property generated $99,968 in 2023, $96,050 in 2024, and $77,863 for 2025. Whether you're seeking a luxury beachfront retreat or a strong-performing investment, this Dunes of Panama condo delivers exceptional views and returns.
*Major Milestone repairs are completed and just finishing some small details, and all assessments have been paid!
The Dunes of Panama Resort has 1,500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickleball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside
Heated - Electric: 1
Inground: 1
Microwave: 1
Range - Electric: 1
Water Heater - Electric: 1
Floor - Tile: 1
Kitchen Island: 1
Lock Out Closet: 1
Pantry: 1
Window - Treatment All: 1
Handicap Provisions: 1
Concrete: 1
Siding - Stucco: 1
Shore - Beach: 1
Waterfront Feet: 1,500
Conference Center: 1
Exercise Room: 1
Gated Community: 1
Ground Keeping: 1
Insurance: 1
Internet-WiFi: 1
Management: 1
Master Association: 1
Pest Control: 1
Picnic Area: 1
Trash Disposal: 1
Water: 1
Coastal Construction Control Line: 1
Dedicated Beach: 1
Gated Access: 1
Paved Road: 1
Additional Parking: 1
Parking Lot: 1
Basketball Court: 1
BBQ Pit/Grill: 1
Beach: 1
Community Room: 1
Conference Center: 1
Elevators: 1
Exercise Room: 1
Gated Community: 1
Security-24 hour: 1
Tennis: 1
Pickle Ball: 1
Shuffleboard Court: 1
Dining Room: 1
Living Room: 1
Electricity - Connected: 1
Internet - Broadband Available: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Ceiling Fan(s): 1
Central Air: 1
MBath Shower Only: 1
MBed First Floor: 1
MBed Walk-in Closet: 1
MBed Waterfront: 1
24 Hour Security: 1
Closed Circuit Camera(s): 1
Fire Alarm: 1
Firewall(s): 1
Gated Community: 1
Security Gate: 1
Security Guard: 1
Smoke Detector(s): 1
Appliances: Dishwasher; Dryer; Microwave; Range - Electric; Refrigerator; Washer; Water Heater - Electric
Cooling: Ceiling Fan(s); Central Air; Electric
Heating: Central; Electric
Association Fees Include: BBQ Pit/Grill; Beach; Exercise Room; Gated Community; Insurance; Internet-WiFi; Ground Keeping; Management; Master Association; Conference Center; Pest Control; Picnic Area; Pool; Security; Sewer; Tennis; Trash Disposal; Water
Financing: Cash; Conventional
Lot Features: Coastal Construction Control Line; Dedicated Beach; Waterfront
Lot Access: Gated Access; Paved Road
Pool Features: Heated - Electric; Inground
Security Features: 24 Hour Security; Closed Circuit Camera(s); Fire Alarm; Firewall(s); Gated Community; Security Gate; Security Guard; Smoke Detector(s)
Parking Features: Additional Parking; Parking Lot
Association Amenities: Basketball Court; BBQ Pit/Grill; Beach; Community Room; Dining; Elevators; Exercise Room; Gated Community; Conference Center; Pickle Ball; Picnic Area; Pool; Security-24 hour; Shuffleboard Court; Tennis; Waterfront
Rooms: Dining Room; Living Room
Utilities: Electricity - Connected; Internet - Broadband Available; Public Sewer - Connected; Public Water - Connected
Waterfront Feature: Shore - Beach
Waterview: Gulf; Unobstructed
| Room Name | Level | Dimensions | Length | Width |
| Living Room | First | 17 x 20 | 17.00 | 20.00 |
| Dining Room | First | 14 x 20 | 14.00 | 20.00 |
Listing Office: Bright Realty Solutions
Last Updated: November - 01 - 2026
Information deemed reliable but not guaranteed.