7205 Thomas Drive Unit D805, Panama City Beach, FL 32408

$475,000
2
BD
2
BA

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Sold Price
$475,000
List Price
$489,000
Closing Date
May 01, 2026
MLS#
787391
Bedrooms
2
Bathrooms
2
Full-baths
2
Subdivision
Dunes Of Panama Phase IV
Year Built
1982

Property Description

'CURRENTLY UNDER CONTRACT, SELLER WILL CONSIDER BACKUP OFFERS' Dunes of Panama D805 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space to unwind, relax and enjoy direct Gulf views from the living room, dining room, kitchen, master bedroom and a balcony that runs the width of the condo! Tiled floors throughout and a beautifully tiled master shower! Beach front living awaits and it is ready to be utilized as a turnkey vacation rental or a second home. Currently on the UMB Vacations Rental Program and includes a set of beach chairs already paid in full for the season! Gross rental income: 2024 $55,167 / 2025 $46,991. 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.

Additional Information

Waterfront
Yes
Waterview
Gulf
Stories
12
Appliances
Electric Range, Electric Water Heater
Elementary School
Patronis
Middle School
Surfside
High School
Arnold

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Calculator source: Real Geeks

Listing courtesy of Bright Realty Solutions. Selling Office: Corcoran Reverie.