7205 Thomas Drive D805, Panama City Beach, FL 32408 (MLS# 787391)

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: 3948.92

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

List Price/SqFt: 465.71

Status: Active

List Date: 2026-03-23

List Price: $489,000

Current Price: $489,000

Unit #: D805

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 IV

Parcel ID: 30840-602-000

Legal Description: DUNES OF PANAMA PHASE IV CONDO UNIT D-805 ORB 889 P 221 ORB 3766 P 836 2BR 1.5B 900 H&C

Floor Number: 8

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1050

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Builders Plans

# of Stories in Building: 12

# of Units in Bldg: 72

Pre-Const Flip: No

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: No

Pool: Yes

Pool Type: Community

Sub-Type: Condominium

Bedrooms: 2

Full Baths: 2

Total Baths: 2

Year Built: 1982

Remarks: Dunes of Panama D805 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! Tiled floors throughout and a beautifully tiled master shower! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the UMB Vacations Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $55,167 / 2025 $46,991. 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.

First: 1

Inground: 1

Dishwasher: 1

Disposal: 1

Dryer: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Floor - Tile: 1

Lock Out Closet: 1

Pantry: 1

Window - Treatment All: 1

Concrete: 1

Siding - Stucco: 1

Balcony: 1

Shore - Beach: 1

Accounting: 1

BBQ Pit/Grill: 1

Community Room: 1

Conference Center: 1

Dumpster: 1

Exercise Room: 1

Gated Community: 1

Internet-WiFi: 1

Management: 1

Master Association: 1

Pest Control: 1

Picnic Area: 1

Pool: 1

Sewer: 1

Tennis: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Cash: 1

Conventional: 1

Furnished: 1

First: 1

Waterfront: 1

City Street: 1

Additional Parking: 1

Parking Lot: 1

MBath Shower Only: 1

MBed Balcony: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

MBed Waterfront: 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Conference Center: 1

Dumpster: 1

Elevators: 1

Exercise Room: 1

Gated Community: 1

Picnic Area: 1

Pool: 1

Security-24 hour: 1

Tennis: 1

Waterfront: 1

Pickle Ball: 1

Shuffleboard Court: 1

Bedroom: 1

Dining Room: 1

Living Room: 1

Master Bedroom: 1

Electricity - Connected: 1

Garbage: 1

Internet - Broadband Available: 1

Public Sewer - Connected: 1

Public Water - Connected: 1

Gulf: 1

Accessible Entrance: 1

As Is: 1

Gulf: 1

First: 1

First: 1

Ceiling Fan(s): 1

Central Air: 1

Electric: 1

Central: 1

Electric: 1

24 Hour Security: 1

Fire Alarm: 1

Firewall(s): 1

Gated Community: 1

Gated with Guard: 1

Security Gate: 1

Security Guard: 1

Smoke Detector(s): 1