Coastal Vibes Luxury Beach Group

HighRise

7205 Thomas Drive D303

Panama City Beach, FL 32408

MLS#: 786888

$485,000

Status: Active
Listing number: 786888
Listing provided by: Bright Realty Solutions
Listing agent phone: None
Last update: 7 days ago
On site: 3 months ago
Browse Properties
Dunes Of Panama Phase IV - Residential

Property

Beds

2

Full Baths

2

1/2 Baths

None

Year Built

1982

Sq.Footage

1,050

Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space 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

Features & Amenities

Interior

  • Other Interior Features

    Walk-In Closet(s)

  • Total Bedrooms

    2

  • Bathrooms

    2

  • Cooling YN

    YES

  • Cooling

    Central Air, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Central, Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete, Stucco

  • Other Exterior Features

    Balcony

  • Parking

    Additional Parking, Parking Lot

  • Pool

    Yes

  • Pool Features

    In Ground, Community

  • Waterfront YN

    YES

  • View

    Water

Area & Lot

  • Lot Features

    Waterfront

  • Property Type

    Residential

  • Property Sub Type

    Condominium

  • Architectural Style

    HighRise

Price

  • Sales Price

    $485,000

  • Tax Amount

    $4,113

  • Sq. Footage

    1, 050

  • Price/SqFt

    $461

HOA

  • Association

    YES

  • Association Fee Includes

    N/A

School District

  • Elementary School

    Patronis

  • Middle School

    Surfside

  • High School

    Arnold

Property Features

  • Stories

    12

  • New Construction

    NO

  • Accessibility Features

    Accessible Entrance

  • Association Amenities

    Beach Rights, Gated, Barbecue, Picnic Area

  • Senior Community YN

    NO

  • Sewer

    Public Sewer

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Location

County

Bay

Elementary School

Patronis

Middle School

Surfside

High School

Arnold

Listing Courtesy of Edgar W Barnette , Bright Realty Solutions

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Agent Megan Rhinerson

Realtor

Megan Rhinerson

Call Megan today to schedule a private showing.

(850) 326-7294

megan@coastalvibeslux.com


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Dunes of Panama D303 is a renovated 2 Bedroom, 2 Bath Condo with 1,050 sq ft of space 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

7205 Thomas Drive D303

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