$489,000

7205 Thomas Drive D805, Panama City Beach, FL 32408

2 beds |
2 baths |
1,050 sqft

Condominium
Built in 1982
—— sqft lot
—— car garage
$466/sqft
Listed 10 days ago

Property 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.

Listing Status:: Pending
Date Added:: March 25, 2026
Data Last Updated:: April 2, 2026 at 11:18PM
Listing Office:: Bright Realty Solutions : 850-400-8638
MLS ID:: 787391

Appliances: Electric RangeElectric Water Heater
A/C: Central AirCeiling Fan(s)
Heating: CentralElectric
Disability Feature: Accessible Entrance

Style: High Rise
Other Structures: Balcony
Pool: In GroundCommunity
Parking: Additional ParkingParking Lot

General: ConcreteStucco12

Road/Access: City Street
HOA Amenities: GatedBarbecuePicnic Area
Originating MLS: CPAR_CPAR
County: Bay

Zoning: DUNES OF PANAMA PHASE IV CONDO UNIT D-805 ORB 889 P 221 ORB 3766 P 836 2BR 1.5B 900 H&C30840-602-000
View: GulfView

Utilities: Electricity AvailableHigh Speed Internet Available
Sewer: Public Sewer

Source: CPAR_CPAR

This listing courtesy of Bright Realty Solutions

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Patronis Elementary School

7400 Patronis Dr, Panama City, FL, 32408

Grades KG-5

1.13 miles away

Surfside Middle School

300 Nautilus St, Panama City Beach, FL, 32413

Grades 6-8

5.85 miles away

J.R. Arnold High School

550 N Alf Coleman Rd, Panama City Beach, FL, 32407

Grades 9-12

4.00 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.