7205 Thomas Dr, Unit E 1406

Panama City Beach, FL 32408

$750,000
Last Sold Price
3
Beds
1,531 Sq. Ft.
$490 / Sq. Ft.
1,531
Sq. Ft.
$490
per Sq. Ft.
Sold 10/9/25
Sold 10/9/25

Description

'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Experience breathtaking views from this 3-bedroom corner unit at the Dunes of Panama. With over 1500 sq ft of living space, this beachfront retreat offers a wraparound balcony with panoramic views of the emerald waters and sugar-white sands of Panama City Beach. Backed by a recent $750,000 appraisal, this Gulf-front condo combines an ideal floor plan with thoughtful upgrades for personal enjoyment or high-performing short-term rental potential....'CURRENTLY UNDER CONTRACT, SELLER ACCEPTING BACKUP OFFERS' Experience breathtaking views from this 3-bedroom corner unit at the Dunes of Panama. With over 1500 sq ft of living space, this beachfront retreat offers a wraparound balcony with panoramic views of the emerald waters and sugar-white sands of Panama City Beach. Backed by a recent $750,000 appraisal, this Gulf-front condo combines an ideal floor plan with thoughtful upgrades for personal enjoyment or high-performing short-term rental potential.

This spacious corner unit sleeps up to twelve and features wall-to-wall windows, sliding glass doors from nearly every room, and a wraparound balcony perfect for dining, sunsets, and dolphin-watching. Inside, enjoy granite countertops, stainless steel appliances, quartz tile accents on the kitchen bar, and tile flooring throughout.

The primary suite offers direct balcony access plus two showers: a walk-in shower open to the bedroom for post-beach convenience and a shower/tub combo in the en-suite bath. Two guest bedrooms each feature two queen beds and balcony access, with a full hall bath nearby for guests. The living area includes a queen sleeper sofa, dining area seating for six, and a full-size washer/dryer for owner and guest convenience.

Step inside to discover quartz tile accents along the kitchen bar, granite counters, stainless steel appliances, and a modern open-concept design perfect for gathering after a day on the beach. Throughout the unit, tile and marble create durability and style, ideal for coastal living and vacation rental guests.

The resort offers 1,500 feet of private beachfront, three Gulf-front pools (one seasonally heated), tennis and pickleball courts, volleyball and basketball courts, a fitness room, on-site dining, a rental office, and outdoor BBQ and picnic areas.

Ideally located on the east end of the World's Most Beautiful Beaches, you're just minutes from St. Andrews State Park, local marinas, and some of the area's best dining, attractions, and entertainment. Whether looking for a turnkey rental investment or a private Gulf-front getaway, Unit E-1406 delivers the best of Panama City Beach living.

Schedule your private showing today and start enjoying the sun, sand, and stunning views waiting for you at Dunes of Panama!

Property Details for 7205 Thomas Drive, Unit E 1406

Architectural Style
High Rise
Waterfront
Yes
Waterfront Features
Shoreline Sand
Parking Features
Additional Parking, Paved, Parking Lot, Community Structure
Subdivision Name
Dunes Of Panama Phase V
View
Gulf, Lagoon
Zoning Description
Resid Multi-Family
View
Yes
LISTING UPDATED: 12/02/2025 06:00 AM

Property Details for 7205 Thomas Drive, Unit E 1406

StatusSold
MLS #778092
Days on Market5
Taxes$7,053 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium / Condominium
Year Built1985
CountyBay County

Location

Sold By LPT Realty LLC

Add your commute

Building Information for 7205 Thomas Drive, Unit E 1406

Building/Complex7205 Thomas DrFloor-Stories-Residences-Pet Policy-Pet Policy Details-Year Built1985

Payment Calculator

$4,294 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,706

Property Taxes

$588

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7205 Thomas Drive, Unit E 1406

Summary
Location and General Information
  • City: Panama City Beach
  • County Or Parish: Bay
  • Directions: From Navy Blvd turn right at traffic light onto Thomas Dr. and property is approximately 2 miles on the left.
  • State Region: FL
  • Postal Code: 32408
  • Latitude: 30.156763
  • Longitude: -85.775033
  • State Or Province: FL
  • MLS Area Major: 03 - Bay County - Beach
  • MLS Area Minor: 0323 - Beach - South of Grand Lagoon
Taxes and HOA Information
  • Parcel Number: 30840-822-000
  • Association: Yes
  • Tax Annual Amount: $7,053.00
  • Tax Legal Description: DUNES OF PANAMA PHASE V UNIT E-1406 ORB 1015 P 1886 3BR 2B 1480 H&C ORB 3363 P 55
  • Tax Year: 2024
School Information
  • Elementary School: Patronis
  • High School: Arnold
  • Middle Or Junior School: Surfside
Parking
  • Attached Garage: No
  • Garage: No
Property
Lot Information
  • Building Area Total: 1531.0
  • Lot Features: Paved
  • Lot Size Dimensions: 0 x 0
  • Living Area Source: Appraiser
Property and Assessments
  • Other Structures: Tennis Courts
  • Year Built: 1985
  • New Construction: No
  • Human Modified: No
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Available, High Speed Internet Available
Interior and Exterior Features
Exterior Features
  • Pool Features: Fenced, Gunite, In Ground, Community
  • Association Amenities: Game Room, Barbecue, Picnic Area
  • Community Features: Barbecue, Beach, Clubhouse, Fitness Center, Fishing, Game Room, Gated, Park, Pool, Tennis Courts, Waterfront, Short Term Rental Allowed
  • Patio And Porch Features: Balcony
  • Security Features: Fire Sprinkler System, Gated With Guard, Secured Garage Parking, Security Fence, Security Guard, Smoke Detectors
  • Spa Features: Community
  • Roof: Flat
Interior Features
  • Bathrooms Full: 2
  • Bathrooms Half: 1
  • Bathrooms Total: 3
  • Bedrooms Total: 3
  • Rooms Total: 13
  • Cooling: Yes
  • Cooling: Central Air, Ceiling Fans
  • Heating: Yes
  • Heating: Central, Electric
  • Appliances: Electric Range, Electric Water Heater
  • Interior Features: Entrance Foyer, Utility Room
Room Information
Room 1
  • Room Description: Near Secondary Bedrooms
  • Room Dimensions: 20 x 7
  • Room Features: Balcony
  • Room Length: 20.0
  • Room Level: First
  • Room Type: Other
  • Room Width: 7.0
Room 2
  • Room Description: Near Living/Master Bedroom
  • Room Dimensions: 30 x 6.5
  • Room Features: Balcony
  • Room Length: 30.0
  • Room Level: First
  • Room Type: Other
  • Room Width: 6.5
Room 3
  • Room Description: Irregular
  • Room Dimensions: 7.5 x 6
  • Room Length: 7.5
  • Room Level: First
  • Room Type: Foyer
  • Room Width: 6.0
Room 4
  • Room Dimensions: 7.8 x 5
  • Room Length: 7.8
  • Room Level: First
  • Room Type: Utility Room
  • Room Width: 5.0
Room 5
  • Room Dimensions: 8 x 5
  • Room Length: 8.0
  • Room Level: First
  • Room Type: Full Bath
  • Room Width: 5.0
Room 6
  • Room Dimensions: 16.8 x 11.5
  • Room Length: 16.8
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 11.5
Room 7
  • Room Dimensions: 16 x 12
  • Room Length: 16.0
  • Room Level: First
  • Room Type: Bedroom
  • Room Width: 12.0
Room 8
  • Room Description: 1/2 bath near bed
  • Room Dimensions: 6 x 4.5
  • Room Length: 6.0
  • Room Level: First
  • Room Type: Primary Bathroom
  • Room Width: 4.5
Room 9
  • Room Dimensions: 9 x 5.9
  • Room Length: 9.0
  • Room Level: First
  • Room Type: Primary Bathroom
  • Room Width: 5.9
Room 10
  • Room Description: Irregular
  • Room Dimensions: 25 x 15
  • Room Length: 25.0
  • Room Level: First
  • Room Type: Primary Bedroom
  • Room Width: 15.0
Room 11
  • Room Dimensions: 13 x 9
  • Room Length: 13.0
  • Room Level: First
  • Room Type: Kitchen
  • Room Width: 9.0
Room 12
  • Room Dimensions: 12 x 8
  • Room Length: 12.0
  • Room Level: First
  • Room Type: Dining Room
  • Room Width: 8.0
Room 13
  • Room Description: Irregular
  • Room Dimensions: 19 x 18
  • Room Length: 19.0
  • Room Level: First
  • Room Type: Living Room
  • Room Width: 18.0
Multi Family
Multi-Family Information
  • Units Furnished: All Units
Mobile Home
Mobile Home Information
  • Mobile Dim Units: Feet
Rental
Rental Information
  • Occupant Type: Tenant

Property History for 7205 Thomas Drive, Unit E 1406

DateEvent & SourcePriceAppreciation
Oct 9, 2025

Sold

CPAR #778092

$750,000—
Aug 28, 2025

Pending

CPAR #778092

—
Aug 25, 2025

Listed (Active)

CPAR #778092

$750,000—
Oct 27, 2011

Sold

CPAR #419560

$309,000—
Oct 27, 2011

Sold

ECAR #563141

$309,000—
Sep 16, 2011

Pending

CPAR #419560

—
Sep 16, 2011

Pending

ECAR #563141

—
Aug 22, 2011

Listed (Active)

ECAR #563141

$399,900—
Aug 19, 2011

Listed (Active)

CPAR #419560

$399,900—
DateEvent & SourcePrice
10/09/2025

Sold

CPAR #778092

$750,000
08/28/2025

Pending

CPAR #778092

—
08/25/2025

Listed (Active)

CPAR #778092

$750,000
10/27/2011

Sold

CPAR #419560

$309,000
10/27/2011

Sold

ECAR #563141

$309,000
09/16/2011

Pending

CPAR #419560

—
09/16/2011

Pending

ECAR #563141

—
08/22/2011

Listed (Active)

ECAR #563141

$399,900
08/19/2011

Listed (Active)

CPAR #419560

$399,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 7205 Thomas Drive, Unit E 1406

This home is within Bay.
Rating
School
Type
Grades
Distance
Patronis Elementary School
Public - K to 5
Surfside Middle School
Public - 6 to 8
J.R. Arnold High School
Public - 9 to 12
A. Gary Walsingham Academy
Public - PK to 3
Rating
School
Distance
Patronis Elementary School
PublicK to 5

Surfside Middle School
Public6 to 8

J.R. Arnold High School
Public9 to 12

A. Gary Walsingham Academy
PublicPK to 3

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Information deemed reliable but not guaranteed. Copyright© 2025 Emerald Coast Association of REALTORS, Central Panhandle Association of REALTORS, Pensacola Association of REALTORS and Capital Area Technology & REALTOR Services. All Rights Reserved.