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$550,000 Just Listed
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Property Description
You're one decision away from living where everyone else vacations. Welcome to the highly sought-after Dunes of Panama! A fully gated gulf front community with 24-hour on-site security, private guard-gated entry, resort-style amenities, and direct beach access to the world-famous white sand beaches of Panama City Beach. Located in Building D, the closest building to the Gulf in the entire complex, this beautifully renovated 11th-floor condominium offers breathtaking Gulf views and an unmatched coastal lifestyle. This spacious 2-bedroom, 2-bath residence features approximately 980 square feet and comes fully furnished, including washer, dryer, and all kitchen appliances, making it completely move-in or rental ready. Inside, you'll find an updated coastal-modern interior featuring GE Profile stainless steel appliances, white shaker cabinetry, quartz countertops, Carrera marble hexagonal backsplash, and tasteful finishes throughout. Unlike many beach properties, this condo has never been rented and has seen very light personal use, resulting in exceptional condition without the typical wear and tear often found in vacation units. Residents and guests enjoy access to three pools including one heated pool along with poolside gazebos, a private on-site restaurant, fitness center, tennis courts, pickleball courts, basketball courts with evening lighting, and fast elevators for convenient access to the upper floors. Perfectly positioned just minutes from Topgolf, premier dining, shopping, entertainment, Grand Lagoon, and some of the best attractions Panama City Beach has to offer, this property is more than just a condo, it's a lifestyle. Let's make that beach dream real.
Full Property Details
Full Property Details for 7205 Thomas Dr #1103
General
- Price: $550,000
- Taxes: $4,113 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 790189
- Updated: 5/21/2026
- Added to Site: 4 day(s) ago
Interior
- Number of Rooms: 4
- Interior Features: Handicap Access, Instant Hot Water
- Appliances: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Ice Maker, Warming Drawer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Gazebo, Barbecue
- Pool: Yes
- Pool Description: Electric Heat, Community
- Tennis: Yes
- Security/Safety: Fire Escape, Firewall(s), Fire Sprinkler System, Gated with Guard, Gated Community, 24 Hour Security, Security Fence, Security Guard, Fire Alarm, Security Gate, Smoke Detector(s), Security Service
Exterior
- Porch/Patio/Deck: Balcony
Parking
- Parking Features: Gated, Paved, Parking Lot
Location
- County: Bay
- Subdivision: Dunes Of Panama Phase IV
- Driving Directions: From the Hathaway Bridge heading toward Panama City Beach, continue straight on Front Beach Road (US-98/FL-30) for approximately 5 miles. Turn left onto Richard Jackson Blvd and continue to Thomas Drive. Turn right onto Thomas Drive and follow for approximately 3 miles. The Dunes of Panama condominium complex will be located on the left-hand side, directly on the Gulf of Mexico.
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
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, High Speed Internet Available
Structural Information
- Architectural Style: High Rise
- Elevator: Yes
- Stories/Levels: 12
- Sq. Ft. Source: Appraiser
- Year Built: 1982
Additional Structures
- Other Structures: Cabana, Gazebo, Tennis Court(s)
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: $4,113
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: DUNES OF PANAMA PHASE IV CONDO UNIT D-1103 ORB 889 P 221 2BR 1.5B 900 H&C ORB 4327 P 830
- Property ID: 30840-634-000
Listed by Think Real Estate
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Schools
Schools serving 7205 Thomas Dr #1103
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.1 mi |
Surfside Middle School 300 Nautilus Street, Panama City Beach, FL 32413 | 6-8 | 5.6 mi |
J.R. Arnold High School 550 North Alf Coleman Road, Panama City Beach, FL 32407 | 9-12 | 4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7205 Thomas Dr #1103
Date
Details
Price
Change
Source
5/21/2026
Listed
$550,000
120%
MLS
7/02/2025
Sold
$250,000
—
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 #1103
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,073
-23%
$331,339
-33%
2024
$5,303
14%
$493,000
24%
2023
$4,640
34%
$397,800
40%
2021
$3,455
-13%
$284,750
-23%
2022
$3,979
15%
$370,685
59%
2021
$3,455
33%
$233,750
15%
2019
$2,599
15%
$203,363
21%
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.
Estimate the Cost
Estimate the Cost for 7205 Thomas Dr #1103
7205 Thomas Drive #1103, Panama City, FL 32408 (MLS# 790189) is a Condo property with 2 bedrooms and 2 full bathrooms. 7205 Thomas Drive #1103 is currently listed for $550,000 and was received on May 21, 2026. Want to learn more about 7205 Thomas Drive #1103? Do you have questions about finding other Condo real estate for sale in Panama City? You can browse all Panama City real estate or contact a Coldwell Banker agent to request more information.

