This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
$499,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/39
Property Description
Dunes of Panama 2 bedroom with large balcony. Located on the 15th floor this unit has outstanding views from the living room and primary bedroom. The oversized floor plan has plenty of storage and new slider doors to to view the gulf. Short term rentals are allowed and being sold furnished rental ready.
Full Property Details
Full Property Details for 7205 Thomas Dr #1504
General
- Price: $499,000
- Taxes: $4,566 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 788278
- Updated: 4/13/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 5
- Appliances: Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Shared Amenities: Gated
- Pool: Yes
- Pool Description: In Ground, Community
- Tennis: Yes
- Security/Safety: Fire Alarm
Location
- County: Bay
- Subdivision: Dunes Of Panama Phase V
- Driving Directions: Go left corner of Joan and Thomas Dr. . Dunes of Panama on Beach side. Building E
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
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Utility Description: Cable Connected, Electricity Available
Structural Information
- Architectural Style: High Rise
- Construction: Stucco
- Sq. Ft. Source: Plans
- Year Built: 1985
Lot Features
- Property View: Gulf
- Lot Dimensions: 0 x 0
- Zoning: Resid Multi-Family
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Gulf
- Water Front View: Gulf
Financial Considerations
- Tax Amount: $4,566
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: DUNES OF PANAMA PHASE V UNIT E-1504 ORB 1015 P 1886 2BR 2B 1000 H&C ORB 4277 P 1643
- Property ID: 30840-826-000
Listed by Counts Real Estate Group Inc
Get Pre-Approved Today
Schools
Schools serving 7205 Thomas Dr #1504
School District:Bay County School District
| Name | Grades | Distance |
|---|---|---|
Patronis Elementary School 7400 Patronis Dr, Panama City Beach, FL 32408 | K-5 | 1.2 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 #1504
Date
Details
Price
Change
Source
4/13/2026
Listed
$499,000
45.69%
MLS
7/20/2020
Sold
$342,500
—
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 #1504
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,526
-12%
$368,155
-18%
2024
$5,127
1%
$450,500
-3%
2023
$5,062
44%
$466,650
61%
2021
$3,519
-13%
$290,063
-22%
2022
$4,033
15%
$374,000
56%
2021
$3,519
14%
$240,125
6%
2019
$3,076
18%
$225,803
10%
2018
$2,609
6%
$205,275
7%
2017
$2,450
2%
$191,250
17%
2015
$2,403
5%
$163,350
10%
2014
$2,285
41%
$148,500
10%
2013
$1,617
—
$135,000
—
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 #1504
7205 Thomas Drive #1504, Panama City, FL 32408 (MLS# 788278) is a Condo property with 2 bedrooms and 2 full bathrooms. 7205 Thomas Drive #1504 is currently listed for $499,000 and was received on April 13, 2026. Want to learn more about 7205 Thomas Drive #1504? 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.

