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$475,000

Beds
2
Baths
2.0
sq ft
1,275

7205 Thomas Dr Unit C501, Panama City, FL 32408

7205 Thomas Dr Unit C501

Panama City Beach, FL 32408

  • 22 days on market
Huge price reduction on a dream condo at the beach! The ever popular Dunes of Panama features the largest stretch of beach and the most pool deck space in Panama City Beach! This family favorite low density highly sought after C building END unit had a complete reno in 2022. These spacious condos have over 1200 square feet of living space and two balconies with sunset views all year long. Sleeps 8, this comfy condo has many upgrades, new sliders & windows, newer appliances, hard surface countertops, new tile throughout, two balconies, new ROKU smart TV's, comfy furniture, & modern decor. This sprawling resort includes tennis + pickle ball courts, a gym, seasonal tiki bar, 3 pools with one heated & swimmable year round & a superb owner's lounge for special events. Secured gated community right across from Finn's and walking distance to Liza's kitchen, this resort has more amenities for the price point than any comparable condo.

Details

Property type

Condominium

Est. home value

$514,887

Lot size

Unknown

Price per sq ft

$373

Year built

1981

Annual property taxes

$5,504

Monthly HOA fee

$1,103

Price History

03/07/2025
CentralPanhandle

CentralPanhandle #769922

Listed
$475,000
-11.87%
09/18/2024
CentralPanhandle

CentralPanhandle #757305

Removed
$539,000
05/17/2024
CentralPanhandle

CentralPanhandle #757305

Listed
$539,000
-1.82%

Schools & Community

Neighborhood: 

Lower Grand Lagoon

Elementary school: 

Patronis

Middle school: 

Surfside

High school: 

Arnold

Community features: 

Pool, Clubhouse, Fitness Center, Gated, Playground, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Innovations Fcu

Loan start date

February 2022

Original loan amount

$342,400

Est. remaining balance

Not provided

Interest rate

2.3%

Loan type

Future Advance Clause / Open End Mortgage, 15 year

Seller

Medal Stays Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/29/2025 at 11:10 AM

Listing updated: 03/10/2025 at 9:29 PM

Listed by: Crystal Ball, Anchor Realty Florida Phone #: (850) 899-7999

MLS: CentralPanhandle #769922

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