7205 Thomas Drive #1206, Panama City Beach, FL 32408

Panama City Beach
Local realty services provided by:ERA Neubauer Real Estate, Inc.
7205 Thomas Drive #1206,Panama City Beach, FL 32408
$684,000
  • 3 Beds
  • 2 Baths
  • 1,975 sq. ft.
  • Condominium
  • Active
Listed by: kristy a woliver
Office: blue bird woliver realty
MLS#:788474
Source:FL_BCMLS

Price summary

  • Price:$684,000
  • Price per sq. ft.:$346.33
  • Monthly HOA dues:$1,646

About this home

Rare Gulf-Front Corner Unit | Huge Wrap-Around Balconies | Perfect Renovation Opportunity | 2026 Rental income 72k YTD and projections after renovation 100k+. Renovate in the off season to capture rents for 2027 season. This is the dream property for someone who wants to put their own stamp on a true gulf-front unit. Located in the highly desirable Building E, this rare corner/end unit offers approximately 1,975 sq ft of heated living space with expansive panoramic emerald-green views. Floor-to-ceiling glass sliders open to huge wrap-around balconies from all three gulf-front bedrooms and the living room, flooding the entire unit with natural light and stunning views. The living area features a full wall of glass overlooking the Gulf, and the kitchen is positioned to enjoy the gulf views as well, allowing you to cook while watching the beach. The thoughtful split floor plan provides excellent privacy, with the master suite separated from the guest bedrooms. A flexible bonus...

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Home facts

  • Year built:1985
  • Subdivision & Development:Dunes Of Panama Phase V
  • Listing ID #:788474
  • Added:125 day(s) ago
  • Updated:August 20, 2026 at 02:42 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:4
  • Kitchen Description:Electric Cook Top, Electric Oven, Electric Range, Electric Water Heater
  • Living area:1,975 sq. ft.

Heating and cooling

  • Cooling:CentralAir
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1985
  • Building area:1,975 sq. ft.
  • Architectural Style:High Rise
  • Exterior Features:Balcony

Schools

  • High school:Arnold
  • Middle school:Surfside
  • Elementary school:Patronis

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$684,000
  • Price per sq. ft.:$346.33

Features and amenities

  • Amenities:ElectricCooktop, ElectricOven, ElectricRange, ElectricWaterHeater, Gated
  • Pool features:Community

Parking

  • Garage:Yes
  • Garage spaces:1
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