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Sold for $495,000
  • $495,000

    7205 Thomas Dr #1103, Panama City Beach, FL 32408

    2beds
    980sqft
    Condominium
    Built in 1982
    -- sqft lot
    $494,800 Zestimate®
    $505/sqft
    $1,945 Estimated rent

    Home value

    $494,800

    $470,000 - $520,000

    $1,945/mo

    Zestimate® history
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    What's special

    Tennis courtsBreathtaking gulf viewsQuartz countertopsTasteful finishes throughoutPoolside gazebosPrivate on-site restaurantPickleball courts
    CURRENTLY UNDER CONTRACT!! SELLER WILL CONSIDER BACKUP OFFERS!! You're one decision away from living where everyone else vacations. Welcome to the highly sought-after Dunes of Panama! A fully gated gulf front community with 24-hour on-site security, private guard-gated entry, resort-style amenities, and direct beach access to the world-famous white sand beaches of Panama City Beach. Located in Building D, the closest building to the Gulf in the entire complex, this beautifully renovated 11th-floor condominium offers breathtaking Gulf views and an unmatched coastal lifestyle. This spacious 2-bedroom, 2-bath residence features approximately 980 square feet and comes fully furnished, including washer, dryer, and all kitchen appliances, making it completely move-in or rental ready. Inside, you'll find an updated coastal-modern interior featuring GE Profile stainless steel appliances, white shaker cabinetry, quartz countertops, Carrera marble hexagonal backsplash, and tasteful finishes throughout. Unlike many beach properties, this condo has never been rented and has seen very light personal use, resulting in exceptional condition without the typical wear and tear often found in vacation units. Residents and guests enjoy access to three pools including one heated pool along with poolside gazebos, a private on-site restaurant, fitness center, tennis courts, pickleball courts, basketball courts with evening lighting, and fast elevators for convenient access to the upper floors. Perfectly positioned just minutes from Topgolf, premier dining, shopping, entertainment, Grand Lagoon, and some of the best attractions Panama City Beach has to offer, this property is more than just a condo, it's a lifestyle. Let's make that beach dream real.

    Zillow last checked:

    Listing updated:

    Listed by:

    Landon O Stewart 850-704-6002,

    Think Real Estate

    Bought with:

    Lexi L Hinson

    Legacy Premier Agency

    Source: CPAR,MLS#: 790189MLS LogoOriginating MLS: Central Panhandle Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Bedroom, Dining Room, Living Room, Primary Bedroom
    Primary bedroom
    • Description: Verify if important
    • Level: First
    • Dimensions: 16 x 12
    Bedroom
    • Description: Verify if important
    • Level: First
    • Dimensions: 12 x 12
    Dining room
    • Description: Verify if important
    • Level: First
    • Dimensions: 12 x 12
    Living room
    • Description: Verify if important
    • Level: First
    • Dimensions: 14 x 12
    Heating
    • Central
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater, Ice Maker, Warming Drawer
    • Laundry: Stacked
    Features
    • Balcony, Handicap Access, Main Level Primary, Separate Shower, Instant Hot Water
    Interior area
    • Total structure area: 980
    • Total interior livable area: 980 sqft

    Property

    Parking
    • Parking features: Gated, Paved, Parking Lot
    Accessibility
    • Accessibility features: Accessible Washer/Dryer, Adaptable For Elevator, Accessible Kitchen Appliances, Accessible Stairway, Accessible Full Bath, Accessible Bedroom, Adaptable Bathroom Walls, Accessible Common Area, Accessible Closets, Common Area, Accessible Electrical and Environmental Controls, Accessible Elevator Installed, Accessible for Hearing-Impairment, Accessible Kitchen, Accessible Central Living Area, Central Living Area, Accessible Doors, Accessible Entrance, Accessible Hallway(s)
    Features
    • Stories: 12
    • Patio & porch: Balcony
    • Pool features: Electric Heat, Community
    • Has view: Yes
    • View description: Gulf, Water
    • Has water view: Yes
    • Water view: Gulf,Water
    • Waterfront features: Gulf, Shoreline - Sand
    Details
    • Additional structures: Cabana, Gazebo, Tennis Court(s)
    • Parcel number: 30840634000
    • Special conditions: Listed As-Is

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: High Rise
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1982

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, High Speed Internet Available

    Community & HOA

    Community
    • Features: Barbecue, Basketball Court, Beach, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
    • Security: Fire Escape, Firewall(s), Fire Sprinkler System, Gated with Guard, Gated Community, 24 Hour Security, Security Fence, Security Guard, Fire Alarm, Security Gate, Smoke Detector(s), Security Service
    • Subdivision: Dunes Of Panama Phase IV
    HOA
    • Has HOA: Yes
    • Amenities included: Beach Rights, Gazebo, Barbecue
    • Services included: Fitness Facility, Legal/Accounting, Pool(s), Tennis Courts
    • HOA fee: $915 monthly
    Location
    • Region: Panama City Beach

    Financial & listing details

    • Price per square foot: $505/sqft
    • Tax assessed value: $493,000
    • Annual tax amount: $4,113
    • Date on market: 5/21/2026
    • Cumulative days on market: 82 days

    Price history

    DateEventPrice
    8/21/2026Sold$495,000-6.6%$505/sqft
    Source: CPAR #790189 Report a problem
    8/12/2026Pending sale$530,000$541/sqft
    Source: CPAR #790189 Report a problem
    7/1/2026Price change$530,000-3.6%$541/sqft
    Source: CPAR #790189 Report a problem
    5/21/2026Listed for sale$550,000+89.7%$561/sqft
    Source: CPAR #790189 Report a problem
    11/20/2020Sold$290,000+31.8%$296/sqft
    Source: Public Record Report a problem
    8/21/2014Sold$220,000$224/sqft
    Source: ECAOR #713149 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$5,303 +14.3%$379,003 +10%
    2023$4,640 +16.6%$344,548 +10%
    2022$3,979 $313,225
    2021-- --
    2020$2,821 +8.5%$223,699 +10%
    2019$2,599 $203,363 +10%
    2018$2,599 $184,875
    2017-- $184,875 +3.7%
    2016-- $178,360 +5.8%
    2015-- $168,560 +5.1%
    2014-- $160,438 +8.9%
    2013-- $147,263 +10%
    2012-- $133,875 -25%
    2011-- $178,500
    2010-- $178,500 -6.8%
    2009-- $191,532 -22.9%
    2008-- $248,473 -18%
    2007-- $303,196 -18%
    2006-- $369,751 +72.8%
    2005-- $214,001
    2004-- $214,001 +63.1%
    2003-- $131,200
    2002-- $131,200
    2001-- $131,200
    2000-- $131,200
    Find assessor info on the county website

    Neighborhood: Lower Grand Lagoon

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Patronis
    • Middle: Surfside
    • High: Arnold

    Source: CPAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    $494,800
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    With Zillow Showcase(estimated)
    $504,696