Skip main navigation
For sale
  • Price cut: $5K (8/14)
    $440,000

    7205 Thomas Dr Unit D704, Panama City Beach, FL 32408

    2beds
    980sqft
    : 
    $3,741/mo
    Get pre-qualified
    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
    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
    125 days
    293
    23

    Zillow last checked:

    Listing updated:

    Listed by:

    Kimberly Bortz 303-525-8306,

    Coldwell Banker Realty

    Source: CPAR,MLS#: 789008MLS 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
      • 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

        DateEventPrice
        8/14/2026Price change$440,000-1.1%$449/sqft
        Source: CPAR #789008 Report a problem
        7/28/2026Price change$445,000-2.2%$454/sqft
        Source: CPAR #789008 Report a problem
        6/12/2026Price change$455,000-2.2%$464/sqft
        Source: CPAR #789008 Report a problem
        5/29/2026Price change$465,000-4.1%$474/sqft
        Source: CPAR #789008 Report a problem
        4/28/2026Listed for sale$485,000+158.7%$495/sqft
        Source: CPAR #789008 Report a problem
        7/16/2013Sold$187,500-1.3%$191/sqft
        Source: CPAR #610310 Report a problem
        4/26/2010Sold$190,000-40.6%$194/sqft
        Source: Public Record Report a problem
        11/20/2009Listing removed$319,900$326/sqft
        Source: CENTURY 21 Ryan Realty #376621 Report a problem
        6/4/2009Listed for sale$319,900$326/sqft
        Source: Century 21 #376621 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Lower Grand Lagoon

        Getting around

        34 / 100
        Car-Dependent
        46 / 100
        Somewhat Bikeable

        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.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts