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$708,900

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • Updated 15 hours ago
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Panoramic Perfection - Floor to ceiling glass doors from every room ensure the sparkling turquoise water is your constant backdrop and view. The open concept kitchen, living and dining allow for entertaining or great family conversation while vacationing. As a 2nd home there is a small room adjacent to master that could be an office or private sitting area. It currently offers an additional space for sleeping. A full-size laundry room for convenience. Enjoy your morning coffee or afternoon cocktails from the private balcony expanding the entire length of the residence. Priced to allow you options of some concessions and to personalize and update as you desire to increase rental revenue or enjoy your luxury private retreat. This floorplan has a secluded master, and all rooms are spacious with large closets and additional closets for storage. The functionality offers potential for private, full-time home or ability to maximize rentals. All the windows and sliding glass doors are already upgraded. Garage parking space included with ownership of this home! Priced for concessions for updates needed.

Full Property Details for 7205 Thomas Dr #1206 E

General

  • Price: $708,900
  • Taxes: $7,654 (2024)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 776217
  • Updated: 2/21/2026
  • Added to Site: 223 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, Game Room, Barbecue, Spa/Hot Tub
  • Pool: Yes
  • Pool Description: Gunite, In Ground, Community
  • Spa Description: Community
  • Tennis: Yes
  • Security/Safety: Gated with Guard

Exterior

  • Exterior Features: Barbecue, Covered Patio
  • Porch/Patio/Deck: Balcony, Deck

Parking

  • Garage: Yes
  • Garage Spaces: 1

Location

  • County: Bay
  • Subdivision: Dunes Of Panama Phase V
  • Driving Directions: When entering Dunes of Panama turn left for parking for Phase 5

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

Structural Information

  • Architectural Style: High Rise
  • Elevator: Yes
  • Stories/Levels: 18
  • Sq. Ft. Source: Appraiser
  • Year Built: 1985

Lot Features

  • Property View: Gulf
  • Lot Dimensions: Gulf front condominium
  • Zoning: Resid Multi-Family

Water Features

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

Financial Considerations

  • Tax Amount: $7,654
  • Tax Year: 2024

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: DUNES OF PANAMA PHASE V UNIT E-1206 & G-66 ORB 1015 P 1886 3BR 2B 1480 H&C ORB 4500 P 929
  • Property ID: 30840-816-000

Listed by Counts Real Estate Group Inc

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Listing agents

— 7205 Thomas Dr #1206 E —

  • Counts Real Estate Group Inc

  • Counts Real Estate Group Inc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7205 Thomas Dr #1206 E

School District:Bay County School District
NameGradesDistance
Patronis Elementary School
7400 Patronis Dr, Panama City Beach, FL 32408
K-51.2 mi
Surfside Middle School
300 Nautilus Street, Panama City Beach, FL 32413
6-85.6 mi
J.R. Arnold High School
550 North Alf Coleman Road, Panama City Beach, FL 32407
9-124 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7205 Thomas Dr #1206 E Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/21/2026
Price Increased
$708,900
1.42%
MLS
7/05/2025
Listed
$699,000
114.42%
MLS
10/10/2014
Sold
$326,000
—
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 #1206 E

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,740
-12%
$548,234
-12%
2024
$7,654
-11%
$619,617
-9%
2023
$8,557
70%
$677,875
60%
2021
$5,028
-32%
$422,875
-34%
2022
$7,443
48%
$636,650
61%
2021
$5,028
18%
$394,825
18%
2019
$4,263
10%
$335,629
10%
2018
$3,859
-8%
$305,117
-7%
2017
$4,180
4%
$328,492
5%
2016
$4,006
8%
$312,687
13%
2015
$3,701
2%
$277,431
4%
2014
$3,622
27%
$265,504
10%
2013
$2,859
—
$241,367
—
View All
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 for 7205 Thomas Dr #1206 E

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Counts Real Estate Group Inc

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7205 Thomas Drive #1206 E, Panama City, FL 32408 (MLS# 776217) is a Condo property with 3 bedrooms and 2 full bathrooms. 7205 Thomas Drive #1206 E is currently listed for $708,900 and was received on July 14, 2025. Want to learn more about 7205 Thomas Drive #1206 E? 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.

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