About This Home

This 3-bedroom, 3-bathroom condo at 7205 Thomas Drive #E206 in Panama City, FL is listed for $813,000 ($411 per sqft). Built in 1985, the home offers 1,976 sqft of living space on a N/A lot.

Key Features

  • Built in 1985
  • Waterfront

Property Details

3 full
#E206
1985

Amenities

WaterfrontViewA/C
Listing 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..

Monthly Cost Estimate

$5,597/mo

20% down · 6.5% · 30 years

Principal$588
Interest$3,523
Insurance$237
HOA$1,249

Estimates only. Actual payments may vary.

Location

7205 Thomas Drive #E206

Panama City, FL 32408

Dunes Of Panama Phase V

Features & Amenities

Interior Features

BalconyHandicapAccessMainLevelPrimary

Property Details

Views

Water

Heating

Central

Cooling

Central Air

Appliances

ElectricCooktopElectricRange

Questions & Answers

This 3-bedroom, 3-bathroom condo at 7205 Thomas Drive is listed at $813,000 ($411/sqft). The estimated monthly payment is $5,597 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $1249/month.

Key features include: Built in 1985, Waterfront. Interior Features: Balcony, HandicapAccess, MainLevelPrimary.

This property is listed by Wesley Burroughs.

WB

Wesley Burroughs

Agent at EXP Realty LLC

Listed by EXP Realty LLC · Broker phone: (888) 883-8509 · View on Broker Site · Broker website

MLS# 789996· Source: Central Panhandle Association of REALTORS· 163 days on PropertySimple

Copyright © 2026 Central Panhandle Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7205 Thomas Drive #E206, Panama City, FL 32408

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