7205 Thomas Drive E704, Panama City Beach, FL 32408 (MLS# 789765)

List Price/SqFt: 411.17

Status: Active

List Date: 2026-05-12

List Price: $530,000

Current Price: $530,000

Unit #: E704

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: 30840-784-000

Legal Description: DUNES OF PANAMA PHASE V UNIT E-704 ORB 3247 P 445 2BR 2B 1000 H&C and Garage Unit #G-65

Floor Number: 7

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

Pre-Const Flip: No

Lot Dimensions: 0x0

New Construction: No

Garage Y/N: Yes

Garage Spaces: 1

Beach Frontage: 1500

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: 1154

HOA Frequency: Monthly

HOA Annual Amount: 13848

Senior Community: No

Is Subject Leased: No

New Buyer Fee: No

Last Taxes: 4037.66

Last Tax Year: 2025

Brokerage Interest: No Interest

As Is: Yes

Condo Doc: Yes

Remarks: Dunes of Panama E704 - Million dollar views from this perfectly situated 2 bed/2bath, 1,289sq.ft. gulf front condo! 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, mid-level floor condo. Relax, unwind and enjoy your beautiful piece of paradise! Also comes with a deeded parking space worth over $15,000 in the gated and secured parking garage with covered access to the entrance of 'E' building. Great rental potential or live in your own piece of paradise. 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 has been recently replaced and Water Heater is 2023. NOTE: The second bedroom suite, recliner, coffee table, a few small kitchen items and the balcony furniture do not convey. Has been a non-rental and part time home of the owner so there is no rental history. Similar units generate around $45-$60K annually and can be more. All dimensions and information herein are deemed reliable but should be verified by buyer.

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

Pantry: 1

Split Bedroom: 1

Window - Treatment All: 1

Balcony: 1

Shore - Beach: 1

BBQ Pit/Grill: 1

Beach: 1

Community Room: 1

Exercise Room: 1

Gated Community: 1

Ground Keeping: 1

Internet-WiFi: 1

Management: 1

Master Association: 1

Pool: 1

Security: 1

Sewer: 1

Tennis: 1

Trash Disposal: 1

Water: 1

Cash: 1

Conventional: 1

Furnished: 1

Floor - Carpet: 1

First: 1

First: 1

Additional Parking: 1

Deeded: 1

Parking Lot: 1

MBed Balcony: 1

MBed First Floor: 1

MBed Walk-in Closet: 1

MBed Waterfront: 1

MBath Shower/Tub Combo: 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

Kitchen: 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

Security Gate: 1

Security Guard: 1

Smoke Detector(s): 1