$850,000

7205 Thomas Dr Unit E-206 Panama City Beach, FL 32408

$10,000
Closing credit¹
3 beds
3 full
1,480 sqft
$574 / sqft
Condo

Property details

About 7205 Thomas Dr Unit E-206

**Rare Gulf-Front Opportunity at Dunes of Panama - End Unit E206** Presenting an exceptional opportunity to own this highly sought-after 3-bedroom, 3-bathroom Gulf-front condo at Dunes of Panama! Located on a desirable lower floor, this end unit offers stunning, panoramic views of the Gulf of Mexico. The spacious layout includes two en-suite bathrooms, along with an additional dressing room for added convenience. This residence has been meticulously furnished and updated, featuring new sliding doors, front windows, and tiled floors throughout. The kitchen boasts new appliances, and every room is equipped with Smart TVs, Cable, and HD WiFi for modern comfort. Step out onto the brand-new, wood-grained tiled balcony that spans the entire length of the condo, perfect for enjoying the breathtaking views. The third bedroom also includes its own private balcony, offering more opportunities to relax in this serene setting. For added convenience and security, the sale includes a small storage unit and a deeded, covered, and gated garage parking space. The condo is offered turnkey with all furnishings and items seen in the unit, making it move-in ready. Additionally, major updates include a water heater replacement in 2019, and a new AC and handler (4 tons) in 2017. In late 2023, a Blue Tube UV Air and A/C Unit Cleaner was also installed for optimal air quality. With a rental history exceeding $75,000 annually, this property offers excellent income potential. The current owner is also open to conveying future bookings, ensuring a seamless transition for new owners. The Dunes of Panama Resort offers 1,500 linear feet of pristine, sugar-white sand and a range of amenities, including: - Three Gulf-front pools (one heated) - Tennis courts and pickleball coming soon - Basketball, volleyball, and shuffleboard courts - Fitness room - Free Wi-Fi, outdoor BBQ grills, and Stingrays restaurant & gift shop - The Sneaky Tiki poolside bar. Dont miss the chance to own this updated, well-maintained piece of paradise in the desirable Dunes of Panama. Schedule your viewing today and experience the best of Gulf-front living!

Highlights

Home typeCondominium
HeatingHeat Pump
StatusActive
Size1,480 sqft
Year built1985
ParkingGarage, Covered, Deeded
MLS #967664
Garage1 space
WaterfrontGulf, Sandy Shoreline
ViewGulf

Summary

  • MLS Number: 967664
  • MLS Name: Emerald Coast Association of REALTORS®
  • Office Name: Beachy Beach Real Estate
  • Office Phone: (850) 233-4351
  • Office Email: karen@beachybeach.com
  • Listing Agent: Barbara A Wade, Karen Smith

IDX Information 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. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/26/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of pool with a patio

$850,000

7205 Thomas Dr Unit E-206

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

7

Patronis Elementary School

Public District KG-5

1.1 mi

7400 Patronis Dr

5

Lucille Moore Elementary School

Public District PK-5

4.5 mi

1900 Michigan Ave

7

Hutchison Beach Elementary School

Public District KG-5

4.7 mi

12900 Hutchison Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $54,268. Residents of Panama City Beach, FL typically earn between $35k-100k each year. Most families are single, no kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

31%
<35k
56%
35k-100k
9%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

62%
Single, No Kids
8%
Single, with Kids
23%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
4%
12-17 yrs old
23%
18-34 yrs old
45%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Horse RacesHorse Races
  • Continuing Education CoursesContinuing Education Courses

Where do the neighbors shop?

  • Chico'sChico's
  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • LongHorn SteakhouseLongHorn Steakhouse
  • QdobaQdoba

What do the neighbors drive?

  • OldsmobileOldsmobile
  • BuickBuick
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • Contemporary InspirationalContemporary Inspirational
  • Urban ContemporaryUrban Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 7205 Thomas Dr Unit E-206

This home is located at 7205 Thomas Dr Unit E-206 in Panama City Beach, FL and zip code 32408. This 1,480 square foot home was built in 1985. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 3, 2025 and is currently priced at $850,000.

In March 2025, from all listings sold in Panama City Beach, FL there were more than 13 sold above asking price, over 146 sold below and more than 51 were sold right at the asked price. The inventory of homes for sale in Panama City Beach, FL between February and March 2025 increased by 5.8%. The median list price of listings available in March 2025 was $335,149, while the average time on the real estate market was 90 days.

From Rocket Homes Real Estate and based on county public records data.

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