7205 Thomas Dr #2003, Panama City Beach, FL 32408 is a condo home that contains 1,000 sq ft and was built in 1985. It contains 2 bedrooms and 2 bathrooms. This home last sold for $489,000 in March 2025.
The Zestimate for this house is $520,400. The Rent Zestimate for this home is $1,988/mo.
Sold for $489,000
$489,000
7205 Thomas Dr #2003, Panama City Beach, FL 32408
2beds
2baths
1,000sqft
Condo
Built in 1985
-- sqft lot
$520,400 Zestimate®
$489/sqft
$1,988 Estimated rent
Home value
$520,400
$494,000 - $546,000
$1,988/mo
Zestimate® history
Owner options
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$1,988/mo
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$1,988/mo
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$3,692/mo
Est. payment
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$3,692/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Interior area
- Total interior livable area: 1,000 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
Features
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
Details
- Parcel number: 30840855000
Construction
Type & style
- Home type: Condo
Condition
- Year built: 1985
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $499 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $489/sqft
- Tax assessed value: $454,903
- Annual tax amount: $5,191
Price history
| Date | Event | Price |
|---|---|---|
| 3/4/2025 | Sold | $489,000+27%$489/sqft |
Source: Public Record Report a problem | ||
| 1/5/2021 | Sold | $385,000+63.8%$385/sqft |
Source: Public Record Report a problem | ||
| 11/17/2016 | Sold | $235,000$235/sqft |
Source: Public Record Report a problem | ||
| 8/19/2015 | Sold | $235,000+12.8%$235/sqft |
Source: Public Record Report a problem | ||
| 9/23/2010 | Sold | $208,300+4.7%$208/sqft |
Source: Public Record Report a problem | ||
| 3/19/2002 | Sold | $199,000$199/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,191 +1.3% | $391,934 +10% |
| 2023 | $5,124 +25.4% | $356,304 +10% |
| 2022 | $4,086 | $323,913 |
| 2021 | -- | -- |
| 2020 | $3,015 -11.4% | $244,528 -10.4% |
| 2019 | $3,401 | $272,833 +30.1% |
| 2018 | $3,401 +27.7% | $209,678 +9.6% |
| 2017 | $2,665 +8.7% | $191,250 -5.8% |
| 2016 | $2,450 -0.1% | $203,117 +21.3% |
| 2015 | $2,452 | $167,424 +10% |
| 2014 | $2,452 | $152,204 +10% |
| 2013 | -- | $138,367 -11.2% |
| 2012 | -- | $155,904 -6.7% |
| 2011 | -- | $167,166 -11.7% |
| 2010 | -- | $189,395 |
| 2009 | -- | $189,395 -22.9% |
| 2008 | -- | $245,701 -18% |
| 2007 | -- | $299,814 -19.7% |
| 2006 | -- | $373,251 +62% |
| 2005 | -- | $230,376 |
| 2004 | -- | $230,376 +22.5% |
| 2003 | -- | $188,051 |
| 2002 | -- | $188,051 |
| 2001 | -- | $188,051 +28.8% |
| 2000 | -- | $146,050 |
Find assessor info on the county website
Neighborhood: Lower Grand Lagoon
Nearby homes
- $372,0001 bd1 ba960 sqft7205 Thomas Dr UNIT A101, Panama City Beach, FL 32408Off Market
- $428,5002 bd2 ba1k sqft7205 Thomas Dr UNIT A102, Panama City Beach, FL 32408Off Market

- $395,0002 bd2 ba1k sqft7205 Thomas Dr UNIT A103, Panama City Beach, FL 32408Sold

- $372,0001 bd1 ba960 sqft7205 Thomas Dr UNIT A104, Panama City Beach, FL 32408Off Market
- $490,1002 bd6 ba1.6k sqft7205 Thomas Dr UNIT A105, Panama City Beach, FL 32408Off Market
- $372,0001 bd1 ba960 sqft7205 Thomas Dr UNIT A106, Panama City Beach, FL 32408Off Market
- $391,6001 bd1 ba960 sqft7205 Thomas Dr UNIT A107, Panama City Beach, FL 32408Off Market
- $407,1002 bd2 ba1k sqft7205 Thomas Dr UNIT A108, Panama City Beach, FL 32408Off Market
- $480,4002 bd2 ba1k sqft7205 Thomas Dr UNIT A201, Panama City Beach, FL 32408Off Market
Nearby schools
GreatSchools rating
- 9/10Patronis Elementary SchoolGrades: K-5Distance: 1 mi
- 7/10Surfside Middle SchoolGrades: PK-12Distance: 5.7 mi
- 4/10J.R. Arnold High SchoolGrades: 9-12Distance: 3.9 mi
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$520,400
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With Zillow Showcase(estimated)
$530,808
- Florida
- Bay County
- Panama City Beach
- 32408
- Lower Grand Lagoon
- 7205 Thomas Dr Unit 2003
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Nearby zip codes
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