7205 Thomas Drive D805 Panama City Beach, FL 32408
Listing Courtesy of: CENTRAL PANHANDLE / Bright Realty Solutions

  7205 Thomas Drive D805 Panama City Beach, FL 32408

Pending (20 Days)
$489,000 (USD)
2
BED
2
BATH
1,050
SQFT

Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Dunes of Panama D805 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! Tiled floors throughout and a beautifully tiled master shower! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the UMB Vacations Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $55,167 / 2025 $46,991. The Dunes of Panama Resort has 1500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickle ball courts, one tennis court, free WI-FI, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. All Milestone report repairs are completed and ALL assessments have been paid! All dimensions and information herein are deemed reliable but should be verified by buyer.

MLS #:
787391
Taxes
$3,949(2025)
Type
Condo
Year Built
1982
Style
High Rise
Views
Gulf
County
Bay County
Community
Dunes of Panama Phase Iv

Listed By

Edgar W Barnette, Bright Realty Solutions
Source
CENTRAL PANHANDLE
Last checked Apr 14 2026 at 7:34 AM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Electric Range
  • Electric Water Heater
Subdivision
  • Dunes Of Panama Phase Iv
Heating and Cooling
  • Electric
  • Central
  • Ceiling Fan(s)
  • Central Air
Pool Information
  • Community
  • In Ground
Utility Information
  • Utilities: Electricity Available, High Speed Internet Available
  • Sewer: Public Sewer
School Information
  • Elementary School: Patronis
  • Middle School: Surfside
  • High School: Arnold
Parking
  • Additional Parking
  • Parking Lot
Stories
  • 12
Location
   
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Disclaimer: Copyright 2026 Central Panhandle MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 4/14/26 00:34