Price Reduction! Dunes of Panama E704 - Million dollar views from this perfectly situated 2 bed/2bath, 1,289sq.ft. gulf front condo! Gulf front balcony spans the width of the condo with perfect Gulf front views from the kitchen, living room, master bedroom, and the balcony also overlooks one of three pools! Watch endless sunsets from this much sought after, mid-level floor condo. Relax, unwind and enjoy your beautiful piece of paradise!
Great rental potential or live in your own piece of paradise.
The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickleball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside.
A/C has been recently replaced and Water Heater is 2023. NOTE: The second bedroom suite, recliner, coffee table, a few small kitchen items and the balcony furniture do not convey.
Has been a non-rental and part time home of the owner so there is no rental history.
There is also a deeded parking space in the gated and secured garage that can be purchased separately.
All dimensions and information herein are deemed reliable but should be verified by buyer.
For sale
Price cut: $25K (8/9)
$450,000
7205 Thomas Dr Unit E704, Panama City Beach, FL 32408
2beds
1,289sqft
Condominium
Built in 1985
-- sqft lot
$434,100 Zestimate®
$349/sqft
$1,089/mo HOA
What's special
Outdoor bbq grills
- 110 days
- 600
- 31
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#: 789765
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, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Level: First
- Dimensions: 20 x 16
Bedroom
- Level: First
- Dimensions: 12 x 11
Kitchen
- Level: First
- Dimensions: 11 x 8
Living room
- Level: First
- Dimensions: 24 x 21
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Electric Range, Electric Water Heater
Features
- Balcony, Main Level Primary, Tub Shower, Walk-In Closet(s)
Interior area
- Total structure area: 1,289
- Total interior livable area: 1,289 sqft
Property
Parking
- Parking features: Additional Parking, Parking Lot
Accessibility
- Accessibility features: Accessible Entrance
Features
- Stories: 20
- 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: 30840784000
- 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: 1985
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Electricity Available, High Speed Internet Available
Community & HOA
Community
- Features: Barbecue, 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 Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service
- Subdivision: Dunes Of Panama Phase V
HOA
- Has HOA: Yes
- Amenities included: Beach Rights, Gated, Barbecue
- Services included: Association Management, Clubhouse, Fitness Facility, Internet, Maintenance Grounds, Pool(s), Sewer, Security, Tennis Courts, Trash, Water
- HOA fee: $1,089 monthly
Location
- Region: Panama City Beach
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $453,867
- Annual tax amount: $4,037
- Date on market: 5/12/2026
- Cumulative days on market: 111 days
- Electric utility on property: Yes
Estimated market value
$434,100
$412,000 - $456,000
$2,301/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/9/2026 | Price change | $450,000-5.3%$349/sqft |
Source:  CPAR #789765 Report a problem | ||
| 7/24/2026 | Price change | $475,000-5%$369/sqft |
Source: CPAR #789765 Report a problem | ||
| 6/25/2026 | Price change | $500,000-5.7%$388/sqft |
Source: CPAR #789765 Report a problem | ||
| 5/12/2026 | Price change | $530,000+6%$411/sqft |
Source: CPAR #789765 Report a problem | ||
| 3/23/2026 | Listed for sale | $500,000+1%$388/sqft |
Source: Owner Report a problem | ||
| 3/2/2026 | Listing removed | -- |
Source: Owner Report a problem | ||
| 12/2/2025 | Price change | $495,000-2%$384/sqft |
Source: Owner Report a problem | ||
| 10/28/2025 | Price change | $505,000+1%$392/sqft |
Source: Owner Report a problem | ||
| 9/30/2025 | Listed for sale | $500,000-5.7%$388/sqft |
Source: Owner Report a problem | ||
| 8/16/2025 | Listing removed | $530,000$411/sqft |
Source: CPAR #768899 Report a problem | ||
| 5/6/2025 | Price change | $530,000-0.7%$411/sqft |
Source: CPAR #768899 Report a problem | ||
| 3/1/2025 | Price change | $534,000-2.9%$414/sqft |
Source: CPAR #768899 Report a problem | ||
| 2/15/2025 | Listed for sale | $550,000-6%$427/sqft |
Source: CPAR #768899 Report a problem | ||
| 11/13/2024 | Listing removed | $585,000$454/sqft |
Source: CPAR #759909 Report a problem | ||
| 7/14/2024 | Listed for sale | $585,000+175.9%$454/sqft |
Source: CPAR #759909 Report a problem | ||
| 6/15/2010 | Sold | $212,000-11.7%$164/sqft |
Source: Public Record Report a problem | ||
| 11/13/2002 | Sold | $240,000$186/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,136 -5.4% | $453,867 -3.4% |
| 2023 | $5,428 +39.1% | $470,017 +59.5% |
| 2022 | $3,903 | $294,625 |
| 2021 | -- | -- |
| 2020 | $3,002 -3.8% | $243,492 +6.1% |
| 2019 | $3,119 | $229,506 +10% |
| 2018 | $3,119 +17.6% | $208,642 +7.2% |
| 2017 | $2,652 +6.4% | $194,617 +5.7% |
| 2016 | $2,493 +1.7% | $184,166 +10% |
| 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 +1.9% |
| 2004 | -- | $226,001 +26% |
| 2003 | -- | $179,301 |
| 2002 | -- | $179,301 |
| 2001 | -- | $179,301 +30.6% |
| 2000 | -- | $137,300 |
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.
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