This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
$889,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/45
Property Description
Dunes of Panama E601 stands out from the rest! Gorgeous and beautifully updated 1,975sq.ft. Gulf front condo with 3 bedrooms and 2 bathrooms, plus an oversized wraparound balcony and an additional private balcony for the 3rd bedroom! Great rental property currently on the Dunes of Panama rental program or live in your own piece of paradise. Fabulous million-dollar gulf front views from all three bedrooms, living area and kitchen! Beautifully tiled showers, wood look LVP flooring throughout, large kitchen with custom countertops, tiled backsplash, and white appliances. 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. *Appliances and AC 2018, new UV Light in AC system fall 2023, new dishwasher 2024, new dryer in 2025.
Full Property Details
Full Property Details for 7205 Thomas Dr #E601
General
- Price: $889,000
- Taxes: $6,469 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 788642
- Updated: 5/13/2026
- Added to Site: 29 day(s) ago
Interior
- Number of Rooms: 3
- Appliances: Electric Range, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Additional Information
- Shared Amenities: Beach Rights, Gated, Barbecue
- Pool: Yes
- Pool Description: Electric Heat, In Ground, Community
- Tennis: Yes
- Security/Safety: Firewall(s), Security Gate, Gated Community, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Parking Lot
Location
- County: Bay
- Subdivision: Dunes Of Panama Phase V
- 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. 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.
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
- Elevator: Yes
- Stories/Levels: 20
- Sq. Ft. Source: Plans
- Year Built: 1985
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: $6,469.03
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: DUNES OF PANAMA PHASE V UNIT E-601 ORB 1850 P 139 ORB 1850 P 152 3BR 2B ORB 2627 P 1035
- Property ID: 30840-775-000
Listed by Bright Realty Solutions
Get Pre-Approved Today
Price & Sales History for 7205 Thomas Dr #E601
Date
Details
Price
Change
Source
4/20/2026
Listed
$889,000
241.92%
MLS
2/15/1999
Sold
$260,000
—
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 #E601
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,043
—
$544,869
-12%
2024
$7,043
-2%
$616,250
-9%
2023
$7,168
44%
$677,875
60%
2021
$4,981
-20%
$422,875
-34%
2022
$6,222
25%
$636,650
61%
2021
$4,981
18%
$394,825
19%
2019
$4,219
11%
$331,925
10%
2018
$3,817
-8%
$301,750
-7%
2017
$4,137
4%
$325,125
5%
2016
$3,961
8%
$309,320
13%
2015
$3,657
2%
$274,064
5%
2014
$3,575
27%
$261,800
10%
2013
$2,819
—
$238,000
—
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 #E601
7205 Thomas Drive #E601, Panama City Beach, FL 32408 (MLS# 788642) is a Condo property with 3 bedrooms and 2 full bathrooms. 7205 Thomas Drive #E601 is currently listed for $889,000 and was received on April 20, 2026. Want to learn more about 7205 Thomas Drive #E601? 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.

