# 7205 Thomas Drive, Panama City Beach, FL 32408

> **TL;DR:** 3bd/2ba condo, $749,000 ($379/sqft), built 1985, 1,974 sqft.
> Waterfront, A/C. Est. $4,992/mo. Listed 133 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $749,000 |
| Price/sqft | $379 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 1,974 |
| Year Built | 1985 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 133 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,246 |
| HOA | $1,746 |
| **Total** | **$4,992** |

## Nearby Schools

- **Elementary:** Patronis
- **Middle:** Surfside
- **High:** Arnold

## Key Amenities

- Waterfront
- A/C

## Property Highlights

- Built in 1985
- 1 parking spaces
- Waterfront

## Description

### Agent Description
Dunes of Panama 3 bedroom condos are exceptional investment properties. 3 bedroom condos in the E building produce $75,000 - $80,000 gross annual income. Never miss a sunset from this exceptional 3-bedroom, 2-bath end-unit condo, where balcony access from every room creates a seamless connection to coastal breezes and breathtaking Gulf views. Thoughtfully updated, this residence features tile flooring, granite countertops, crown molding, king-sized bedrooms, walk-in closets, and full-size laundry, offering both comfort and refined coastal style. A garage parking space adds rare convenience and value. Dunes of Panama is a truly one-of-a-kind beachfront community, celebrated for its expansive green spaces, resort-style atmosphere, and prime location adjacent to Rick Seltzer Park. Residents enjoy an impressive suite of amenities including three pools, pickleball, tennis, shuffleboard, fitness center, and on-site snack shop. Perfect as a primary residence, second home, or high-performing rental investment, this stunning condo delivers the ultimate beachfront lifestyle. A must-see opportunity with so much to offer. Buyer to verify all information deemed important. This comes with 1 garage space.

## Location

- **Address:** 7205 Thomas Drive, Panama City Beach, FL 32408
- **County:** Bay
- **Neighborhood:** DUNES OF PANAMA PH 5 CONDO
- **Coordinates:** 30.157153, -85.775549
- **Google Maps:** https://www.google.com/maps?q=30.157153,-85.775549

## Listing Agent

- **Name:** Mike Herring
- **Brokerage:** Keller Williams Realty SRB
- **Phone:** 8503210917
- **Email:** mherringrealestate@gmail.com

## Primary Photo

![7205 Thomas Drive - Primary Photo](http://lh.rdcpix.com/aa3674de998e9838fe24515aeff0f5del-f221915981r.jpg)

*46 total photos available on [listing page](https://www.propertysimple.com/listing/7205-thomas-drive-panama-city-beach-fl-32408-l993187)*

---

**MLS#:** 993187 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Emerald Coast Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/7205-thomas-drive-panama-city-beach-fl-32408-l993187)

---

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