Sold for $800,000

$800,000

7205 Thomas Dr Unit E806, Panama City Beach, FL 32408

3beds

1,975sqft

Condominium

Built in 1985

-- sqft lot

$839,800 Zestimate^®

$405/sqft

$3,336 Estimated rent

Home value

$839,800

$764,000 - $924,000

$3,336/mo

Zestimate^® history

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$3,336/mo

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$3,336/mo

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$5,205/mo

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$5,205/mo

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What's special

Fitness roomOutdoor bbq grillsTennis courtsGift shopFree wi-fiSpacious roomsNew smart tvs

SPECTACULAR Gulf Views from this mid-level, 8th Floor, high-rise at the Dunes of Panama Phase 5 building. Vacation rental investment property or as a second home, this condo features spacious rooms and amazing views from every room. Updated and remodeled from top to bottom and beautifully decorated. Tiled showers/tubs, and fully tiled floors throughout, including the balcony. The front entryway and 3rd bedroom have sponge painted accent walls. New sliders replaced in 2021. Front door replaced in 2022, AC replaced in 2022. Water heater replaced in 2023. All new Smart TVs in the living room and bedrooms. This condo also comes with a deeded garage parking space, which is gated and secured. The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), tennis courts, basketball, free WI-FI, fitness room, volleyball, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Bedroom, Primary Bedroom

Primary bedroom

Level: First
Dimensions: 15 x 16

Bedroom

Dimensions: 15 x 12

Bedroom

Dimensions: 12 x 16

Heating

Central

Cooling

Central Air, Ceiling Fan(s), Humidity Control

Appliances

Included: Electric Range, Electric Water Heater

Interior area

Total structure area: 1,975
Total interior livable area: 1,975 sqft

Property

Parking

Total spaces: 1
Parking features: Additional Parking, Gated, Parking Lot
Garage spaces: 1

Features

Stories: 20
Patio & porch: Balcony
Pool features: In Ground, Community
Has view: Yes
View description: Gulf
Has water view: Yes
Water view: Gulf
Waterfront features: Gulf

Details

Parcel number: 30840792000
Special conditions: Listed As-Is

Construction

Type & style

Home type: Condo
Architectural style: High Rise
Property subtype: Condominium
Attached to another structure: Yes

Condition

Year built: 1985

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Water Connected

Community & HOA

Community

Features: Barbecue, Beach, Elevator, Pool, Tennis Court(s), Waterfront, 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: Other, See Remarks, Beach Rights, Gated, Barbecue, Picnic Area

Location

Region: Panama City Beach

Financial & listing details

Price per square foot: $405/sqft
Tax assessed value: $619,617
Annual tax amount: $7,099
Date on market: 12/5/2023
Cumulative days on market: 97 days

Price history

Date	Event	Price
3/25/2024	Sold	$800,000-11%$405/sqft
Source: CPAR #749944 Report a problem
3/12/2024	Pending sale	$899,000$455/sqft
Source: CPAR #749944 Report a problem
12/5/2023	Listed for sale	$899,000+95.9%$455/sqft
Source: CPAR #749944 Report a problem
6/8/2020	Sold	$459,000$232/sqft
Source: CPAR #696183 Report a problem
4/4/2020	Listed for sale	$459,000+19.2%$232/sqft
Source: Berkshire Hathaway HomeServices of Florida #696183 Report a problem
10/6/2015	Sold	$385,000$195/sqft
Source: CPAR #635390 Report a problem
8/19/2015	Listed for sale	$385,000+2.7%$195/sqft
Source: Keller Williams Success Realty #635390 Report a problem
2/11/2009	Sold	$375,000-1.3%$190/sqft
Source: Public Record Report a problem
12/17/2008	Price change	$379,900-6.6%$192/sqft
Source: foreclosure.com Report a problem
12/10/2008	Listed for sale	$406,900-22.3%$206/sqft
Source: foreclosure.com Report a problem
3/11/2008	Listing removed	$523,900$265/sqft
Source: NCI #376824 Report a problem
2/25/2008	Price change	$523,900-1.5%$265/sqft
Source: NCI #376824 Report a problem
2/15/2008	Price change	$531,900-1.5%$269/sqft
Source: NCI #376824 Report a problem
2/1/2008	Listed for sale	$539,900-28.5%$273/sqft
Source: NCI #376824 Report a problem
2/3/2005	Sold	$755,000$382/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$7,290 -1.4%	$567,328 +10%
2023	$7,396 +15.5%	$515,753 +10%
2022	$6,405	$468,866
2021	--	--
2020	$4,704 +10.4%	$369,192 +10%
2019	$4,263	$335,629 +10%
2018	$4,263 +10.5%	$305,117 -7.1%
2017	$3,859 -7.7%	$328,492 +5.1%
2016	$4,180 +12.9%	$312,687 +12.7%
2015	$3,701	$277,431 +4.5%
2014	$3,701	$265,504 +10%
2013	--	$241,367 -10.8%
2012	--	$270,654 -15.7%
2011	--	$321,016 -1.5%
2010	--	$325,888
2009	--	$325,888 -22.9%
2008	--	$422,773 -18%
2007	--	$515,884 -19%
2006	--	$636,751 +297.7%
2005	--	$160,103 +3%
2004	--	$155,440 +1.9%
2003	--	$152,542 +2.4%
2002	--	$148,967 +1.6%
2001	--	$146,621 -26.6%
2000	--	$199,625