7205 Thomas Drive E304, Panama City Beach, FL 32408 (MLS# 790657)

List Price/SqFt: 368.5

Status: Active

List Date: 2026-06-01

List Price: $475,000

Current Price: $475,000

Unit #: E304

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. 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.

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: 30840-760-000

Legal Description: DUNES OF PANAMA PHASE V UNIT E-304 ORB 1952 P 2042 2BR 2B 1000 H&C

Floor Number: 3

Design: High-Rise (8+ floors)

Apx SqFt(Htd/Cooled): 1289

Immediate Occupancy: Yes

Construction Status: Construction Complete

SqFt Source: Builders Plans

# of Stories in Building: 20

# of Units in Bldg: 114

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: 1985

Homestead: No

HOA Fee: Yes

HOA Amount: 1089

HOA Frequency: Monthly

HOA Annual Amount: 13068

Senior Community: No

New Buyer Fee: No

Last Taxes: 4474

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: Dunes of Panama E304 - Great opportunity to own this updated and perfectly situated deluxe 2 bed/2bath, 1,289sq.ft. Gulf front condo! The 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 lower-level floor condo that renters desire! 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 2015, Water Heater 2018, Appliances 2018, W/D 2020, Microwave 2025. Has been a non-rental and part time home of the owner so there is no rental history. It would easily be a turnkey rental and similar units generate over $45K annually. All dimensions and information herein are deemed reliable but should be verified by buyer.

Heated - Electric: 1

Inground: 1

Dishwasher: 1

Dryer: 1

Microwave: 1

Range - Electric: 1

Refrigerator: 1

Washer: 1

Water Heater - Electric: 1

Breakfast Bar: 1

Floor - Tile: 1

Pantry: 1

Split Bedroom: 1

Window - Treatment All: 1

Concrete: 1

Siding - Stucco: 1

Balcony: 1

Shore - Beach: 1

Accounting: 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Exercise Room: 1

Gated Community: 1

Insurance: 1

Internet-WiFi: 1

Master Association: 1

Picnic Area: 1

Pool: 1

Security: 1

Sewer: 1

Tennis: 1

Trash Disposal: 1

TV Cable: 1

Water: 1

Irrigation: 1

Cash: 1

Conventional: 1

Furnished: 1

First: 1

Dedicated Beach: 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

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

Living Room: 1

Master Bedroom: 1

Electricity - Connected: 1

Garbage: 1

Generator: 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