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7205 Thomas Drive D303, Panama City Beach, FL 32408 Active 1 / 47
$485,000

7205 Thomas Drive D303, Panama City Beach, FL 32408

Panama City Beach, FL 32408
  • 2 Beds
  • 2 Baths
  • 1,050 Sq Ft
  • 1982 Built
  • MLS 786888

About this home

Dunes οf Pаnаmа D303 iѕ a rеnovated 2 Bedroom, 2 Bath Condo with 1,050 ѕq ft of spаce to unwind, relax and enjoy your Gulf Front condo! Direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! LVP floors throughout and two beautifully tiled showers! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the Dunes of Panama Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $46,243, 2025 $47,987 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. Showers, flooring, toilets and appliances replaced in 2021. Freshly painted, and new washer/dryer in 2022. New AC, guest bedroom furniture, coffee and end tables in 2024

Property details

Property typeCondominium
StatusActive
Area03 - Bay County - Beach
SubdivisionDunes Of Panama Phase IV
CityPanama City Beach
CountyBay
Zip32408
StyleHighRise
Taxes$4,113
Tax year2025
HOAYes
HOA fee$915/mo
WaterfrontYes
ViewGulf,Water
Special conditionsListedAsIs

Interior

Total rooms4
Full baths2
AppliancesElectricRange,ElectricWaterHeater
CoolingCentralAir,CeilingFans
HeatingCentral,Electric
Interior featuresBalcony,MainLevelPrimary,ShowerOnly,WalkInClosets

Exterior & lot

Lot dimensions0x0
PoolInGround,Community
ParkingAdditionalParking,ParkingLot
Road frontageCity Street

Schools

ElementaryPatronis
MiddleSurfside
HighArnold

Community

Community featuresBarbecue, Basketball Court, Beach, Clubhouse, Conference Meeting Room, Elevator, Fitness Center, Park, Pool, Tennis Courts, Waterfront, Community Pool, Gated, Short Term Rental Allowed
DirectionsFrom the corner of Joan Avenue and Thomas Drive, go East (Left) on Thomas Drive for approximately one mile. Turn right into Dunes of Panama after you pass Rick Seltzer Public Park. Check in with Security at the entrance.

Data source: Central Panhandle Association of REALTORS®

Location

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