Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers!
Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home.
Currently on the Dunes of Panama Rental Program and includes a set of beach chairs already paid in full for the season!
Gross rental income: 2024 $46,243, 2025 $47,987
The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickle ball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. All Milestone report repairs are completed and ALL assessments have been paid! All dimensions and information herein are deemed reliable but should be verified by buyer.
Showers, flooring, toilets and appliances replaced in 2021.
Freshly painted, and new washer/dryer in 2022.
New AC, guest bedroom furniture, coffee and end tables in 2024
For sale
$485,000
7205 Thomas Dr Unit D303, Panama City Beach, FL 32408
2beds
1,050sqft
Condominium
Built in 1982
-- sqft lot
$467,300 Zestimate®
$462/sqft
$915/mo HOA
What's special
Beach front livingFreshly paintedNew acOutdoor bbq grillsLvp floors throughoutTwo beautifully tiled showers
- 13 days
- 226
- 24
Zillow last checked:
Listing updated:
Listed by:
Edgar W Barnette 704-507-4102,
Bright Realty Solutions,
Colleen C Barnette 704-650-5878,
Bright Realty Solutions
Source: CPAR,MLS#: 786888
Originating MLS: Central Panhandle Association of REALTORS
Originating MLS: Central Panhandle Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Bedroom, Dining Room, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 16 x 12
Bedroom
- Level: First
- Dimensions: 12 x 12
Dining room
- Level: First
- Dimensions: 12 x 12
Living room
- Level: First
- Dimensions: 14 x 12
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Balcony, Main Level Primary, Shower Only, Walk-In Closet(s)
Interior area
- Total structure area: 1,050
- Total interior livable area: 1,050 sqft
Property
Parking
- Parking features: Additional Parking, Parking Lot
Accessibility
- Accessibility features: Accessible Entrance
Features
- Stories: 12
- Patio & porch: Balcony
- Pool features: In Ground, Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf, Shoreline - Sand
Details
- Parcel number: 30840538000
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Architectural style: High Rise
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Concrete, Stucco
Condition
- New construction: No
- Year built: 1982
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, High Speed Internet Available
Community & HOA
Community
- Features: Barbecue, Basketball Court, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental Allowed
- Security: Firewall(s), Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
- Subdivision: Dunes Of Panama Phase IV
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Gated, Barbecue, Picnic Area
- Services included: Association Management, Clubhouse, Cable TV, Fitness Facility, Internet, Maintenance Grounds, Pest Control, Pool(s), Sewer, Tennis Courts, Trash, Water
- HOA fee: $915 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $462/sqft
- Tax assessed value: $493,000
- Annual tax amount: $4,113
- Date on market: 8/16/2026
- Cumulative days on market: 124 days
- Electric utility on property: Yes
Estimated market value
$467,300
$444,000 - $491,000
$2,049/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2026 | Listed for sale | $485,000$462/sqft |
Source:  CPAR #786888 Report a problem | ||
| 7/17/2026 | Listing removed | $485,000$462/sqft |
Source: CPAR #786888 Report a problem | ||
| 6/22/2026 | Listed for sale | $485,000-0.8%$462/sqft |
Source: CPAR #786888 Report a problem | ||
| 6/8/2026 | Listing removed | $489,000$466/sqft |
Source: CPAR #786888 Report a problem | ||
| 3/16/2026 | Listed for sale | $489,000-14.1%$466/sqft |
Source: CPAR #786888 Report a problem | ||
| 6/24/2025 | Listing removed | $569,000$542/sqft |
Source: BHHS broker feed #973309 Report a problem | ||
| 3/28/2025 | Listed for sale | $569,000+249.1%$542/sqft |
Source: CPAR #771059 Report a problem | ||
| 12/21/2010 | Sold | $163,000$155/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,045 +14.6% | $342,098 +10% |
| 2023 | $4,404 +16.1% | $310,998 +10% |
| 2022 | $3,794 | $282,725 |
| 2021 | -- | -- |
| 2020 | $2,883 +8.5% | $233,657 +10% |
| 2019 | $2,657 | $212,415 +14.9% |
| 2018 | $2,657 | $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
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 32408
Nearby schools
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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