$839,500
Panama City, FL 32408
MLS# 789996
3 beds | 3 baths | 1480 sqft
1 / 41
Property Description
Experience Gulf-front living at Unit E206 at Dunes of Panama, a fully furnished and turnkey condo perfectly positioned on the white sands of Panama City Beach. This beautifully maintained unit offers spacious living areas, a private balcony, and strong vacation rental potential, making it ideal as a primary residence, second home, or income-producing investment. The property is being sold fully turnkey with established rental management already in place for a seamless transition for the next owner. An added bonus is the inclusion of a separate deeded garage space with the purchase -- a rare and highly desirable feature in Panama City Beach. Residents and guests enjoy resort-style amenities including beachfront pools, tennis courts, fitness facilities, on-site dining, and direct beach access, all conveniently located near shopping, restaurants, and local attractions. Seller is offering 1% concessions with an acceptable offer.
Details
Maps
Contract Info
List Price/SqFt: 567.23
Status: Active
List Date: 2026-05-17
List Price: $839,500
Current Price: $839,500
Location
Unit #: E206
Sub Area: 0323 - Beach - South of Grand Lagoon
Community/Resort: None
Waterfront: Yes
Gulf Access: Yes
Elementary School: Patronis
Middle School: Surfside
High School: Arnold
Directions: From Panama City Beach Parkway (Back Beach Rd), head south on Richard Jackson Boulevard and turn left onto Front Beach Road. Continue east on Front Beach Road, then turn right onto Thomas Drive. Proceed approximately 1.5 miles, and the property will be located on the left at 7205 Thomas Dr, Panama City Beach, FL 32408.
Area: 03 - Bay County - Beach
Street #: 7205
Street Name: Thomas
Street Suffix: Drive
State: FL
Zip Code: 32408
County: Bay
Subdivision: Dunes Of Panama Phase V
Parcel ID: 30840-756-000
Legal Description: DUNES OF PANAMA PHASE V UNIT E-206 ORB 1015 P 1886 3BR 2B 1480 H&C ORB 3798 P 58 GARAGE UNIT G-64
General Property Info
Floor Number: 2
Design: Low-Rise (1-3 floors)
Apx SqFt(Htd/Cooled): 1480
Construction Status: Construction Complete
SqFt Source: Prop App Site
Lot Dimensions: 1480 sq ft
New Construction: No
Garage Y/N: No
Pool: Yes
Pool Type: Community
Sub-Type: Condominium
Bedrooms: 3
Full Baths: 3
Total Baths: 3
Year Built: 1985
Listing Info, Tax and Legal
HOA Fee: Yes
HOA Amount: 1249.39
HOA Frequency: Monthly
HOA Annual Amount: 14992.68
New Buyer Fee: No
Last Taxes: 6818
Last Tax Year: 2025
Brokerage Interest: No Interest
Township: Lynn Haven
Condo Doc: Yes
Remarks & Misc
Remarks: Experience Gulf-front living at Unit E206 at Dunes of Panama, a fully furnished and turnkey condo perfectly positioned on the white sands of Panama City Beach. This beautifully maintained unit offers spacious living areas, a private balcony, and strong vacation rental potential, making it ideal as a primary residence, second home, or income-producing investment. The property is being sold fully turnkey with established rental management already in place for a seamless transition for the next owner. An added bonus is the inclusion of a separate deeded garage space with the purchase -- a rare and highly desirable feature in Panama City Beach. Residents and guests enjoy resort-style amenities including beachfront pools, tennis courts, fitness facilities, on-site dining, and direct beach access, all conveniently located near shopping, restaurants, and local attractions. Seller is offering 1% concessions with an acceptable offer.
Appliances
Cooktop - Electric: 1
Dishwasher: 1
Dryer: 1
Microwave: 1
Range - Electric: 1
Refrigerator: 1
Washer: 1
Interior Features
Handicap Provisions: 1
Exterior
Balcony: 1
Association Fees Include
BBQ Pit/Grill: 1
Exercise Room: 1
Ground Keeping: 1
Pool: 1
Recreational Faclty: 1
Tennis: 1
Financing
Cash: 1
Conventional: 1
FHA: 1
VA: 1
Furnished
Furnished: 1
Parking Features
Assigned: 1
Mstr Bath / Mstr Bdrm
MBed Balcony: 1
MBed Waterfront: 1
Association Amenities
BBQ Pit/Grill: 1
Rooms
Bedroom: 1
Master Bedroom: 1
Utilities
Cable - Available: 1
TV Cable: 1
Electricity - Availabile: 1
Garbage: 1
Public Sewer - Connected: 1
Public Water - Connected: 1
Waterview
Gulf: 1
Accessibility Features
Adaptable For Elevator: 1
Waterfront Type
Gulf: 1
Master Bedroom
First: 1
Bedroom
First: 1
Cooling
Central Air: 1
Heating
Central: 1
Security Features
24 Hour Security: 1
Security Gate: 1
Security Guard: 1
Property Features
Accessibility Features: Adaptable For Elevator
Appliances: Cooktop - Electric; Dishwasher; Dryer; Microwave; Range - Electric; Refrigerator; Washer
Master Bedroom: First
Bedroom: First
Cooling: Central Air
Heating: Central
Exterior: Balcony
Association Fees Include: BBQ Pit/Grill; Exercise Room; Ground Keeping; Pool; Recreational Faclty; Tennis
Financing: Cash; Conventional; FHA; VA
Furnished: Furnished
Security Features: 24 Hour Security; Security Gate; Security Guard
Parking Features: Assigned
Association Amenities: BBQ Pit/Grill
Rooms: Bedroom; Master Bedroom
Utilities: Cable - Available; TV Cable; Electricity - Availabile; Garbage; Public Sewer - Connected; Public Water - Connected
Waterfront Type: Gulf
Waterview: Gulf
Room Information
| Room Name | Level | Dimensions | Length | Width |
| Master Bedroom | First | 15 x 16 | 15.00 | 16.00 |
| Bedroom | First | 12 x 16 | 12.00 | 16.00 |
| Bedroom | First | 12 x 15 | 12.00 | 15.00 |
Listing Office: EXP Realty LLC
Last Updated: May - 17 - 2026
Information deemed reliable but not guaranteed.