Rental Ready, Investors or make it your own. Gulf View Condo, priced to sell. Seller says bring offers!! ''DONT MISS OUT'' currently rented, no worries we can still get you in for a showing.
Welcome to your dream coastal retreat at the highly sought-after Dunes of Panama in Panama City Beach! This beautifully updated 2 bedroom, 2 bath condo offers the perfect blend of comfort, style, and breathtaking scenery, making it an ideal primary residence, vacation home, or investment property.
Situated on the 7th floor, this turnkey unit showcases stunning, unobstructed views of the Gulf from both the main living area and the spacious primary suite. Wake up to the sound of the waves and enjoy your morning coffee while taking in the sparkling emerald waters and sugar-white sands.
Inside, the condo has been thoughtfully upgraded with modern finishes. The kitchen features sleek granite countertops, ample cabinetry, and a functional layout perfect for entertaining. Primary bathroom has been enhanced with beautifully tiled shower, adding a touch of luxury to your daily routine. Durable and stylish LVP flooring flows seamlessly through main living areas with carpeted bedrooms, offering both elegance and low maintenance living. Gulf views, creating a bright and inviting atmosphere. With two generously sized bedrooms, there's plenty of space for family, guests, or rental potential.
Located in one of Panama City Beach's premier beachfront communities, Dunes of Panama offers resort-style amenities including multiple pools, tennis courts, fitness facilities, and direct beach access.
1500Ft of Beach front, letting you stretch out and enjoy your own personal space while lounging on the beach. Ample parking
Whether you're looking to relax, invest, or enjoy the best of beachfront living, this exceptional condo is truly move in ready and waiting for you.
Schedule your private showing today and experience the beauty of Gulf front living at its finest!
If measurements deemed important, buyer to verify
For sale
Price cut: $5K (8/14)
$440,000
7205 Thomas Dr Unit D704, Panama City Beach, FL 32408
2beds
980sqft
Condominium
Built in 1982
-- sqft lot
$426,700 Zestimate®
$449/sqft
$915/mo HOA
What's special
Direct beach accessGulf view condoTwo generously sized bedroomsCarpeted bedroomsAmple parkingAmple cabinetry
- 125 days
- 293
- 23
Zillow last checked:
Listing updated:
Listed by:
Kimberly Bortz 303-525-8306,
Coldwell Banker Realty
Source: CPAR,MLS#: 789008
Originating 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
- 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
- Heat Pump
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Washer/Dryer Stacked, Electric Range, Electric Water Heater
- Laundry: Stacked
Features
- Balcony, Main Level Primary, Shower Only
Interior area
- Total structure area: 980
- Total interior livable area: 980 sqft
Property
Parking
- Parking features: Parking Lot, Gated
Features
- Patio & porch: Balcony
- Exterior features: Barbecue
- Pool features: Community
- Has view: Yes
- View description: Gulf, Water
- Has water view: Yes
- Water view: Gulf,Water
- Waterfront features: Gulf
Details
- Parcel number: 30840588000
- 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
- Utilities for property: Cable Connected, High Speed Internet Available
Community & HOA
Community
- Features: Beach, Fitness Center, Pool, Tennis Court(s), Waterfront, Barbecue, Community Pool, Short Term Rental Allowed
- Security: Security Gate
- Subdivision: Dunes Of Panama Phase IV
HOA
- Has HOA: Yes
- Amenities included: Other, See Remarks, Barbecue
- Services included: Legal/Accounting, Pool(s), Trash, Water
- HOA fee: $915 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $449/sqft
- Tax assessed value: $493,000
- Annual tax amount: $4,113
- Date on market: 4/28/2026
- Cumulative days on market: 126 days
Estimated market value
$426,700
$405,000 - $448,000
$1,945/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/14/2026 | Price change | $440,000-1.1%$449/sqft |
Source: | ||
| 7/28/2026 | Price change | $445,000-2.2%$454/sqft |
Source: | ||
| 6/12/2026 | Price change | $455,000-2.2%$464/sqft |
Source: | ||
| 5/29/2026 | Price change | $465,000-4.1%$474/sqft |
Source: | ||
| 4/28/2026 | Listed for sale | $485,000+158.7%$495/sqft |
Source: | ||
| 7/16/2013 | Sold | $187,500-1.3%$191/sqft |
Source: | ||
| 4/26/2010 | Sold | $190,000-40.6%$194/sqft |
Source: Public Record Report a problem | ||
| 11/20/2009 | Listing removed | $319,900$326/sqft |
Source: CENTURY 21 Ryan Realty #376621 Report a problem | ||
| 6/4/2009 | Listed for sale | $319,900$326/sqft |
Source: Century 21 #376621 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,944 +14.7% | $327,518 +10% |
| 2023 | $4,311 +15.9% | $297,744 +10% |
| 2022 | $3,721 | $270,676 |
| 2021 | -- | -- |
| 2020 | $2,821 +8.5% | $223,699 +10% |
| 2019 | $2,599 | $203,363 +10% |
| 2018 | $2,599 +10.4% | $184,875 |
| 2017 | $2,354 -0.7% | $184,875 +3.7% |
| 2016 | $2,370 +4.6% | $178,360 +5.8% |
| 2015 | $2,265 | $168,560 +5.1% |
| 2014 | $2,265 | $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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lower Grand Lagoon
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.








