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

$699,000 - Status: Active
Bed Icon Beds: 3
Bath Icon Baths: 2 full
Sq Feet Icon SQFT (H&C): 1,975
MLS Icon MLS# 788474

Priced to Sell! Rare Corner Unit with Wrap-Around Balcony and panoramic views! Gulf-Front 3-Bedroom + Bunk Room Condo with a deeded covered parking space! This spacious corner/end-unit in the highly desired Building E offers approximately 1,975 sq ft of heated and cooled living space with an oversized wrap-around balcony. Floor-to-ceiling glass sliders open from all three gulf-front bedrooms directly onto the balcony, delivering stunning emerald-green views from every room. The dramatic living area features a full wall of glass doors overlooking the Gulf, with the dining space positioned perfectly for emerald views. The kitchen sits just behind, offering ample cabinet and countertop space--so you can cook while enjoying the beach scenery. A thoughtful split floor plan provides excellent privacy: the master suite (with gulf views and two closets) is separated from the guest bedrooms. The master also includes a flexible bonus room that currently serves as a sleeping room but can easily convert into a walk-in closet, office or bunk room! Along the second hallway, you'll find two generous guest bedrooms--one with its own private balcony and the other comfortably accommodating two queen beds and glass sliders leading to the balcony. This flexible layout sleeps 10 guests comfortably, or up to 12-14 when using the bonus room as bunk space. There is also a full bathroom along this hallway. Additional features include: A convenient walk-in laundry room near the entry Deeded covered parking space in the garage Resort amenities are excellent: a beachfront café, beach bar, two heated pools (including one large pool), tennis court, pickleball court, gated security, and direct beach access. Short-term rentals are allowed, making this an outstanding investment property or second home. Priced extremely well with plenty of room to personalize and update to your taste, this rare gulf-front corner unit offers expansive views and endless possibilities on the beautiful Emerald Coast.

Property Features

MLS#: 788474
Zip: 32408
Subdivision: Dunes Of Panama Phase V
Development: 0323 - Beach - South Of Grand Lagoon
Property Type: Residential - Condominium
Cooling: Central Air
Garage: 1
Heating: Central
Home Style: High Rise
Year Built: 1985
SQFT (H&C): 1,975

Feature Descriptions

Appliances: Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
Association Amenities: Gated
Community Features: Beach, Fitness Center, Pool, Tennis Court(s), Waterfront, Community Pool, Short Term Rental Allowed
Parcel#: 30840-816-000
Patio/Porch: Balcony
Pool: Electric Heat, Community
Security: 24 Hour Security
Sewer: Public Sewer
Special View Info: Gulf
Utilities: Cable Connected
Waterfront: Gulf

Room Sizes

Kitchen: 10 X 9 Level - First
Bedroom: 14 X 13 Level - First
Bedroom: 15 X 13 Level - First
Primary Bedroom: 17 X 16 Level - First

Local Schools

High School: Arnold
Middle School: Surfside
Elementary School: Patronis

7205 Thomas Drive, Unit 1206 | MLS# 788474

This condo located at 7205 Thomas Drive, Unit 1206, Panama City Beach, FL 32408 is currently listed for sale with an asking price of $699,000. This property was built in 1985 and has 3 bedrooms and 2 full baths with 1975 sq. ft. Thomas Drive, Unit 1206 is located in the Dunes Of Panama Phase V subdivision. Search Dunes Of Panama Phase V real estate on ksmith.beachybeach.com today.

Listed By / Shown By

Listed By

Agency Name: Blue Bird Woliver Realty

Shown By

Agent Name: Karen Smith
Agent Phone: (850) 527-5651
Agency Title: Beachy Beach Real Estate

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/16/2026. The listing information on this page last changed on 04/16/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 04/16/2026 3:53:21 PM EST) or Emerald Coast MLS (last updated Thu 04/16/2026 3:47:27 PM EST) or Central Panhandle Association of Realtors (last updated Thu 04/16/2026 3:48:14 PM EST). Real estate listings held by brokerage firms other than Beachy Beach Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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