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$432,000
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Property Description
Dunes of Panama A209 is a beautifully remodeled and updated 2 Bedroom, 2 Bath, 1,050sq.ft. condo with fabulous Gulf front views! **See building information below** All assessments will be paid in full at closing! This condo is a great investment property or second home, and the building is PET FRIENDLY! This turnkey rental grossed $47,211 in 2024 and $42,100 through November 2025. Open floor plan with breathtaking gulf views from the living area, kitchen and master ensuite. Just steps away to the sandy white shores of the gulf, relax and unwind 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. All dimensions and information herein are deemed reliable but should be verified by buyer. **''A'' Building closed on November 25, 2025 for milestone repairs and is expected to reopen in the early fall or sooner. Showings are limited due to the ongoing repairs and would need to be a serious buyer with preapproval or proof of funds. Do not use Showing Time to schedule a showing.
Full Property Details
Full Property Details for 7205 Thomas Dr #A209
General
- Price: $432,000
- Taxes: $4,209 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 788203
- Updated: 5/13/2026
- Added to Site: 47 day(s) ago
Interior
- Number of Rooms: 2
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Beach Rights, Gated, Barbecue, Picnic Area
- Pool: Yes
- Pool Description: In Ground, Community
- Tennis: Yes
- Security/Safety: Firewall(s), Gated Community, Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Parking Lot
Location
- County: Bay
- Subdivision: Dunes Of Panama Phase I
- Driving Directions: From the corner of Joan Avenue and Thomas Drive, go East (left) on Thomas Drive. Turn right into Dunes of Panama, after you pass Rick Seltzer Public Park. Just past the security gate, turn right and go past the tennis courts to Building A.
School Information
- Elementary School: Patronis
- Middle School: Surfside
- High School: Arnold
Community
- Community Name: 03 - Bay County - Beach
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Electricity Available, High Speed Internet Available
Structural Information
- Architectural Style: Mid Rise
- Elevator: Yes
- Stories/Levels: 7
- Sq. Ft. Source: Plans
- Year Built: 1974
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Frontage: City Street
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf, Shoreline - Sand
- Water Front View: Gulf, Shoreline - Sand
Financial Considerations
- Tax Amount: $4,209.62
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: DUNES OF PANAMA PHASE 1 UNIT A-209 1BR 1B 960 H&C ORB 1974 P 2015 ORB 2095 P 426
- Property ID: 30840-019-000
Listed by Bright Realty Solutions
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Price & Sales History for 7205 Thomas Dr #A209
Date
Details
Price
Change
Source
5/13/2026
Price Increased
$432,000
15.2%
MLS
4/10/2026
Listed
$375,000
602.25%
MLS
12/11/2001
Sold
$53,400
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7205 Thomas Dr #A209
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,359
—
$353,429
-7%
2024
$4,359
—
$381,650
-5%
2023
$4,349
43%
$403,750
58%
2021
$3,047
-10%
$255,000
-18%
2022
$3,393
11%
$310,250
31%
2021
$3,047
19%
$236,725
16%
2019
$2,552
4%
$203,915
10%
2018
$2,453
13%
$186,065
10%
2017
$2,172
5%
$169,150
8%
2016
$2,059
-3%
$157,250
—
2015
$2,115
3%
$157,250
3%
2014
$2,057
21%
$153,000
7%
2013
$1,703
—
$142,375
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7205 Thomas Dr #A209
7205 Thomas Drive #A209, Panama City Beach, FL 32408 (MLS# 788203) is a Condo property with 2 bedrooms and 2 full bathrooms. 7205 Thomas Drive #A209 is currently listed for $432,000 and was received on April 10, 2026. Want to learn more about 7205 Thomas Drive #A209? Do you have questions about finding other Condo real estate for sale in Panama City Beach? You can browse all Panama City Beach real estate or contact a Coldwell Banker agent to request more information.

