Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$749,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • Updated 12 hours ago
See This Home
Save This Home
See This Home
Save This Home
Dunes of Panama 3 bedroom condos are exceptional investment properties. 3 bedroom condos in the E building produce $75,000 - $80,000 gross annual income. Never miss a sunset from this exceptional 3-bedroom, 2-bath end-unit condo, where balcony access from every room creates a seamless connection to coastal breezes and breathtaking Gulf views. Thoughtfully updated, this residence features tile flooring, granite countertops, crown molding, king-sized bedrooms, walk-in closets, and full-size laundry, offering both comfort and refined coastal style. A garage parking space adds rare convenience and value. Dunes of Panama is a truly one-of-a-kind beachfront community, celebrated for its expansive green spaces, resort-style atmosphere, and prime location adjacent to Rick Seltzer Park. Residents enjoy an impressive suite of amenities including three pools, pickleball, tennis, shuffleboard, fitness center, and on-site snack shop. Perfect as a primary residence, second home, or high-performing rental investment, this stunning condo delivers the ultimate beachfront lifestyle. A must-see opportunity with so much to offer. Buyer to verify all information deemed important. This comes with 1 garage space.

Full Property Details for 7205 Thomas Dr #E706

General

  • Price: $749,000
  • Taxes: $6,818 (2025)
  • Status: Active
  • Type: Condo
  • Source: Bay_County
  • MLS ID: 783877
  • Updated: 1/19/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 6
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Shared Amenities: Beach Rights, Gated, Gazebo, Barbecue, Picnic Area
  • Pool: Yes
  • Pool Description: In Ground, Community
  • Tennis: Yes
  • Security/Safety: Building Security, Gated Community, 24 Hour Security, Smoke Detector(s), Security Service

Exterior

  • Porch/Patio/Deck: Balcony

Parking

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

Location

  • County: Bay
  • Subdivision: Dunes Of Panama Phase V
  • Driving Directions: On Thomas Dr., condo unit is gulf front. After security gate, vear left. Building E is third on right. Parking is available out front of building or on top of garage. 7th Floor unit.

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, High Speed Internet Available

Structural Information

  • Architectural Style: High Rise
  • Sq. Ft. Source: Plans
  • Year Built: 1985

Lot Features

  • Property View: Gulf
  • Lot Dimensions: 0 x 0
  • Lot Features: Paved
  • Zoning: Resid Multi-Family

Water Features

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

Financial Considerations

  • Tax Amount: $6,818
  • Tax Year: 2025

Disclosures and Reports

  • Special Conditions: Listed As-Is
  • Legal Description: DUNES OF PANAMA PHASE V UNIT E-706 & GARAGE SPACE 59 ORB 1886 P 1996A 3BR 2B 1480 H&C ORB 3778 P 1844 ORB 4449 P 533
  • Property ID: 30840-786-000

Listed by Keller Williams Realty Emerald

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 7205 Thomas Dr #E706 —

  • Keller Williams Realty Emerald

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 #E706

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 #E706 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2026
Listed
$749,000
-0.13%
MLS
8/18/2021
Sold
$750,000
—
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 #E706

Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,693
-11%
$622,750
-8%
2023
$8,596
69%
$677,875
60%
2021
$5,072
-32%
$422,875
-34%
2022
$7,479
47%
$636,650
61%
2021
$5,072
18%
$394,825
16%
2019
$4,303
10%
$339,075
10%
2018
$3,898
-8%
$308,250
-7%
2017
$4,219
7%
$331,625
7%
2016
$3,961
7%
$309,320
11%
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 #E706

$
Down Payment
%
$
%

$
$

*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 Keller Williams Realty Emerald

Similar Properties near 7205 Thomas Dr #E706

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

3001 W 10th St, Panama City, FL 32401 - Photo 1
$749,900

3001 W 10th St  #711  Panama City, FL 32401

  • Condo
  • Active
  • Updated 13 days ago
  • 3
    Beds
  • 3
    Total Baths
4050 Marriott Dr, Panama City, FL 32408 - Photo 1
$750,000

4050 Marriott Dr  #3609  Panama City, FL 32408

  • Condo
  • Active
  • Updated 12 hours ago
  • 3
    Beds
  • 3
    Total Baths
6505 Thomas Dr, Panama City, FL 32408 - Photo 1
$750,000

6505 Thomas Dr  #215  Panama City, FL 32408

  • Condo
  • Active
  • Updated 10 days ago
  • 2
    Beds
  • 2
    Total Baths
6323 Thomas Dr, Panama City, FL 32408 - Photo 1
$759,000

6323 Thomas Dr  #403  Panama City, FL 32408

  • Condo
  • Active
  • Updated 4 days ago
  • 2
    Beds
  • 2
    Total Baths

Just Listed near 7205 Thomas Dr #E706

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

66 N J Hunters Way N, Freeport, FL 32439 - Photo 1 Just Listed
$599,000

66 N J Hunters Way N  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 4 days ago
  • 5
    Beds
  • 4
    Total Baths
  • 2,477
    Sq. Ft.
58 Siesta Cir, Freeport, FL 32439 - Photo 1 Just Listed
$545,000

58 Siesta Cir  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 3 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,441
    Sq. Ft.
941 W Florida 20 Hwy, Freeport, FL 32439 - Photo 1 Just Listed
$2,000,000

941 W Florida 20 Hwy  Freeport, FL 32439

  • Commercial Investment
  • Active
54 Lottie Loop, Freeport, FL 32439 - Photo 1 Just Listed
$399,999

54 Lottie Loop  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,977
    Sq. Ft.

Price Reduced near 7205 Thomas Dr #E706

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

400 Pitts Bayshore Dr, Freeport, FL 32439 - Photo 1 Price Reduced
-$184,000 (-11.26%)
$1,450,000

400 Pitts Bayshore Dr  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 6 days ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,734
    Sq. Ft.
Listed by Cheri Dickson (850) 612-1281 and Nick Brown (540) 379-4435
82 Camellia Ct, Freeport, FL 32439 - Photo 1 Price Reduced
-$10,000 (-2.7%)
$359,900

82 Camellia Ct  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 6 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,824
    Sq. Ft.
279 Windchime Way, Freeport, FL 32439 - Photo 1 Price Reduced
-$1,000 (-0.15%)
$649,000

279 Windchime Way  Freeport, FL 32439

  • Single Family
  • Active
  • Updated 4 days ago
  • 4
    Beds
  • 4
    Total Baths
  • 3,132
    Sq. Ft.
136 Cypress St, Freeport, FL 32439 - Photo 1 Price Reduced
-$20,000 (-10.81%)
$165,000

136 Cypress St  Freeport, FL 32439

  • Vacant Land
  • Active
  • Updated 4 days ago
  • 0.86
    Acres

Recent Sales near 7205 Thomas Dr #E706

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

6829 Beach Dr, Panama City, FL 32408 - Photo 1 Sold
$645,000

6829 Beach Dr  Panama City, FL 32408

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
6825 Beach Dr, Panama City, FL 32408 - Photo 1 Sold
$645,000

6825 Beach Dr  Panama City, FL 32408

  • Single Family
  • Closed
  • 4
    Beds
  • 4
    Total Baths
6728 Beach Dr, Panama City, FL 32408 - Photo 1 Sold
$755,000

6728 Beach Dr  Panama City, FL 32408

  • Single Family
  • Closed
  • Updated 3 days ago
  • 3
    Beds
  • 5
    Total Baths
6618 Gulf Dr, Panama City, FL 32408 - Photo 1 Sold
$816,000

6618 Gulf Dr  Panama City, FL 32408

  • Single Family
  • Closed
  • 3
    Beds
  • 2
    Total Baths

7205 Thomas Drive #E706, Panama City, FL 32408 (MLS# 783877) is a Condo property with 3 bedrooms and 2 full bathrooms. 7205 Thomas Drive #E706 is currently listed for $749,000 and was received on January 19, 2026. Want to learn more about 7205 Thomas Drive #E706? 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.

Tour this property