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$530,000

  • For Sale
  • Active
  • Condo
  • 2 Beds
  • 2 Full Baths
  • Updated 13 days ago
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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.

Full Property Details for 7205 Thomas Dr #E704

General

  • Price: $530,000
  • Taxes: $4,037 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 789765
  • Updated: 5/12/2026
  • Added to Site: 14 day(s) ago

Interior

  • Number of Rooms: 4
  • 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
  • Pool: Yes
  • Pool Description: In Ground, Community
  • Tennis: Yes
  • Security/Safety: Firewall(s), Security Gate, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Parking Features: Additional Parking, 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

Water Features

  • Water Front: Yes
  • Water View: Yes
  • Water Front Desc.: Gulf, Shoreline - Sand
  • Water Front View: Gulf, Shoreline - Sand

Financial Considerations

  • Tax Amount: $4,037.66
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: DUNES OF PANAMA PHASE V UNIT E-704 ORB 3247 P 445 2BR 2B 1000 H&C and Garage Unit #G-65
  • Property ID: 30840-784-000

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— 7205 Thomas Dr #E704 —

  • Bright Realty Solutions

  • Bright Realty Solutions

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NMLS#: 1598647

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NMLS#: 1598647

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Price & Sales History for 7205 Thomas Dr #E704 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/12/2026
Listed
$530,000
150%
MLS
6/08/2010
Sold
$212,000
—
Public Record
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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 #E704

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,136
—
$371,520
-18%
2024
$5,136
-5%
$453,867
-3%
2023
$5,428
60%
$466,650
61%
2021
$3,402
-13%
$290,063
-22%
2022
$3,903
15%
$374,000
56%
2021
$3,402
9%
$240,125
5%
2019
$3,119
18%
$229,506
10%
2018
$2,652
6%
$208,642
7%
2017
$2,493
-1%
$194,617
-4%
2016
$2,527
3%
$203,117
21%
2015
$2,452
5%
$167,424
10%
2014
$2,331
41%
$152,204
10%
2013
$1,656
—
$138,367
—
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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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7205 Thomas Drive #E704, Panama City Beach, FL 32408 (MLS# 789765) is a Condo property with 2 bedrooms and 2 full bathrooms. 7205 Thomas Drive #E704 is currently listed for $530,000 and was received on May 12, 2026. Want to learn more about 7205 Thomas Drive #E704? 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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