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About This Home

This 3-bedroom, 2-bathroom condo at 7205 Thomas Drive in Panama City, FL is listed for $749,000 ($379 per sqft). Built in 1985, the home offers 1,974 sqft of living space on a N/A lot.

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.

Key Features

  • Built in 1985
  • Waterfront

Property Details

2 full
#E706
1985

Amenities

WaterfrontA/C

Monthly Cost Estimate

$4,006/mo

20% down · 6.5% · 30 years

Principal$542
Interest$3,246
Insurance$218

Estimates only. Actual payments may vary.

Location

7205 Thomas Drive

Panama City, FL 32408

Dunes Of Panama Phase V

Property Details

Construction

Concrete Stucco

Heating

CentralElectric (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

ElectricCooktopElectricOvenElectricRangeElectricWaterHeater

Questions & Answers

This 3-bedroom, 2-bathroom condo at 7205 Thomas Drive is listed at $749,000 ($379/sqft). The estimated monthly payment is $3,246 based on 20% down at 6.5% interest.

Key features include: Built in 1985, Waterfront.

This property is listed by Mike S Herring and can be reached at 8503210917 or mherringrealestate@gmail.com.

MH

Mike S Herring

Agent at Keller Williams Realty Emerald

(850) 321-0917

Listed by Keller Williams Realty Emerald · View on Broker Site

MLS# 783877· Source: listhub· Updated 133 days ago

Copyright © 2026 Central Panhandle 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.

7205 Thomas Drive, Panama City, FL 32408

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