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$550,000 Just Listed
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Property Description
GULF FRONT, FULLY UPDATED, FURNISHED, RENTAL READY, HUGE BALCONY! Beautifully updated and meticulously maintained 2BR/2BA condo at the Dunes of Panama Resort, offering 1,289 sq ft with stunning Gulf views from the living area and master suite, plus breathtaking sunsets from your oversized private balcony. Features include a remodeled kitchen and bathrooms (updated just a couple years ago), along with a gorgeous tiled master shower. The split-bedroom layout offers privacy with ample storage. Sold fully furnished (excluding balcony furniture) and ready to generate income or enjoy as a second home or full-time residence. Resort amenities include 1,500 feet of sugar-white beachfront, 3 Gulf-front pools (one heated), tennis & pickle ball courts, basketball, fitness center, shuffleboard, volleyball, BBQ grills, Stingray's restaurant, and the Sneaky Tiki. Beach life looks good on you--don't miss this one!
Full Property Details
Full Property Details for 7205 Thomas Dr #E1904
General
- Price: $550,000
- Taxes: $4,607 (2025)
- Status: Active
- Type: Condo
- Source: Bay_County
- MLS ID: 787727
- Updated: 4/2/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 4
- Appliances: Washer/Dryer Stacked, Electric Oven, Electric Water Heater
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Stacked
Additional Information
- Shared Amenities: Beach Rights, Gated, Gazebo, Barbecue
- Pool: Yes
- Pool Description: In Ground, Community
- Security/Safety: Firewall(s), Gated with Guard, Gated Community, 24 Hour Security, Fire Alarm, Security Service
Exterior
- Exterior Features: Covered Patio
- Porch/Patio/Deck: Balcony, Deck, Covered, Patio
Parking
- Parking Features: Additional Parking
Location
- County: Bay
- Subdivision: Dunes Of Panama Phase V
- Driving Directions: From Thomas Dr turn into Dunes of Panama. 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.
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: Cable Connected, Electricity Available
Structural Information
- Architectural Style: High Rise
- Windows: Double Pane Windows, Storm Window(s)
- 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, Shoreline - Natural
- Water Front View: Gulf, Shoreline - Sand, Shoreline - Natural
Financial Considerations
- Tax Amount: $4,607
- Tax Year: 2025
Disclosures and Reports
- Legal Description: DUNES OF PANAMA PHASE V UNIT E-1904 & GARAGE UNIT G-27 ORB 1015 P 1886 2BR 2B 1000 H&C ORB 3752 P 1476 . .
- Property ID: 30840-850-000
Listed by Innerscope Realty LLC
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Schools
Schools serving 7205 Thomas Dr #E1904
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 #E1904
Date
Details
Price
Change
Source
4/01/2026
Listed
$550,000
—
MLS
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 #E1904
Year
Property Taxes
Change
Tax Assessment
Change
2025
$46
—
$3,752
—
2024
$46
-2%
$3,754
—
2023
$47
9%
$3,754
—
2022
$43
-4%
$3,754
—
2021
$45
-2%
$3,754
—
2019
$46
-2%
$3,754
—
2018
$47
—
$3,754
—
2017
$47
-2%
$3,754
—
2016
$48
-4%
$3,754
—
2015
$50
2%
$3,754
—
2014
$49
11%
$3,754
—
2013
$44
—
$3,754
—
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 #E1904
7205 Thomas Drive #E1904, Panama City, FL 32408 (MLS# 787727) is a Condo property with 2 bedrooms and 2 full bathrooms. 7205 Thomas Drive #E1904 is currently listed for $550,000 and was received on April 01, 2026. Want to learn more about 7205 Thomas Drive #E1904? 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.

