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$489,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 9 days ago
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Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the Dunes of Panama Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $46,243, 2025 $47,987 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. Showers, flooring, toilets and appliances replaced in 2021. Freshly painted, and new washer/dryer in 2022. New AC, guest bedroom furniture, coffee and end tables in 2024

Full Property Details for 7205 Thomas Dr #D303

General

  • Price: $489,000
  • Taxes: $4,113 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 786888
  • Updated: 3/25/2026
  • Added to Site: 19 day(s) ago

Interior

  • Number of Rooms: 4
  • Appliances: Electric Range, Electric Water Heater
  • Flooring: Luxury Vinyl Plank

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), Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Parking Features: Additional Parking, Parking Lot

Location

  • County: Bay
  • Subdivision: Dunes Of Panama Phase IV
  • Driving 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.

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, Ceiling Fan(s)
  • Heating Type: Central, Electric

Utilities

  • Sewer: Public Sewer
  • Utility Description: Electricity Available, High Speed Internet Available

Structural Information

  • Architectural Style: High Rise
  • Construction: Concrete, Stucco
  • Elevator: Yes
  • Stories/Levels: 12
  • Sq. Ft. Source: Plans
  • Year Built: 1982
  • Other Struct. Feat.: Dumpster

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: $4,113
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: DUNES OF PANAMA PHASE IV CONDO UNIT D-303 ORB 889 P 221 2BR 1.5B 900 H&C ORB 4075 P 1981
  • Property ID: 30840-538-000

Listed by Bright Realty Solutions

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— 7205 Thomas Dr #D303 —

  • Bright Realty Solutions

  • Bright Realty Solutions

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 7205 Thomas Dr #D303 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/16/2026
Listed
$489,000
200%
MLS
12/21/2010
Sold
$163,000
—
Public Record
Get Price Alerts and Save Property
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 for 7205 Thomas Dr #D303

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,073
-19%
$331,339
-33%
2024
$5,045
15%
$493,000
24%
2023
$4,404
34%
$397,800
40%
2021
$3,285
-13%
$284,750
-23%
2022
$3,794
15%
$370,685
59%
2021
$3,285
24%
$233,750
10%
2019
$2,657
17%
$212,415
26%
2015
$2,265
5%
$168,560
5%
2014
$2,155
13%
$160,438
9%
2013
$1,899
—
$147,263
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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7205 Thomas Drive #D303, Panama City Beach, FL 32408 (MLS# 786888) is a Condo property with 2 bedrooms and 2 full bathrooms. 7205 Thomas Drive #D303 is currently listed for $489,000 and was received on March 16, 2026. Want to learn more about 7205 Thomas Drive #D303? 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.

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