7205 Thomas DR #1206, Panama City Beach, FL 32408
7205 Thomas DR #1206, Panama City Beach, FL 32408
7205 Thomas DR #1206, Panama City Beach, FL 32408
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$684,000
Est. payment /mo
3 Beds
2 Baths
1,975 SqFt
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Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 1,975 sqft

Price per Sqft $346

Subdivision Dunes Of Panama Phase V

MLS Listing ID 788474

Style High Rise

Bedrooms 3

Full Baths 2

HOA Fees $1,646/mo

HOA Y/N Yes

Year Built 1985

Property Sub-Type Condominium

Property Description

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 room off the master can easily become a walk-in closet, office, or additional sleeping space. The unit comfortably sleeps 10-14 guests depending on configuration.

A new outer shell has already been installed, so the expensive exterior work is complete. This unit is a true blank canvas with strong bones, incredible views, and substantial balcony space -- ready for your personal finishes.

Resort amenities include beachfront bar & grill, two heated pools, tennis and pickleball courts, gated security, direct beach access, and deeded covered parking. Short-term rentals are allowed, making this an excellent candidate for a high-performing vacation rental once updated, or a spectacular second home you can fully customize.

Location

State FL

County Bay

Community Beach, Fitness Center, Pool, Tennis Court(S), Waterfront, Community Pool, Short Term Rental Allowed

Area 03 - Bay County - Beach

Interior

Interior Features Balcony, Main Level Primary, Tub Shower

Heating Central

Cooling Central Air

Fireplace No

Appliance Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool Electric Heat, Community

Community Features Beach, Fitness Center, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed

Utilities Available Cable Connected

Amenities Available Gated

Waterfront Description Gulf

View Y/N Yes

Water Access Desc Gulf

View Gulf, Water

Porch Balcony

Private Pool No

Building

Sewer Public Sewer

Architectural Style High Rise

New Construction Yes

Schools

Elementary Schools Patronis

Middle Schools Surfside

High Schools Arnold

Others

HOA Fee Include Fitness Facility,Maintenance Grounds,Pool(s),Sewer,Security,Tennis Courts,Water

Restrictions Short Term Rentals Allowed

Tax ID 30840-816-000

Security Features 24 Hour Security

Special Listing Condition Listed As-Is


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Listed by Blue Bird Woliver Realty

NEARBY SCHOOL & BUSINESS

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Alissa Childree

Alissa Childree

+1(251) 975-8192

Agent | License ID: 3508920

Agent License ID: 3508920

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