7205 Thomas Dr #E304, Panama City, FL 32408
Property image
Property image
SOLD
JUN 29, 2026

$437,600

Trulia Estimate
  • 2 Beds
  • 2 Baths
  • 1,289 sqft

7205 Thomas Dr #E304, Panama City, FL 32408

Lower Grand Lagoon
Est. Refi. Payment $2,848/mo*
Refinance Your Home
Currently Off Market - Sold Jun 29, 2026 for $440,000 (7% below list price)

Home Value

Trulia Estimate
$438K
Since last month
Decreased$1K (-0.3%)
Since last year
Decreased$53K (-10.8%)
Since last sale
Decreased$2K (-0.4%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +77% in the last 10 years
MonthEstimated value
2026
August 2026$438K
August 2026$438K
July 2026$440K
June 2026$455K
May 2026$451K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.03
Condo
$459,183
06/12/26
2
2
1,286
0.02
Condo
$433,000
12/05/25
2
2
1,050
0.05
Condo
$470,000
03/10/26
2
2
1,190
0.03
Condo
$455,900
05/08/26
2
2
1,050
0.03
Condo
$450,000
03/23/26
2
2
1,050
0.02
Condo
$475,000
05/01/26
2
2
1,050
0.02
Condo
$482,000
02/04/26
2
2
1,050
0.03
Condo
$469,000
01/09/26
2
2
1,050
0.04
Condo
$495,000
08/21/26
2
2
980

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$482,100
2
2
1,286
Off Market
0.01
$505,900
2
2
980
Off Market
0.02
$699,200
3
2
1,800
Off Market
0.02
$741,500
3
2.5
1,531
Off Market
0.01
$495,000
2
2
1,289
For Sale
0.01
$403,200
2
2
1,050
Off Market
0.01
$639,400
3
2
1,975
Off Market
0.03
$455,900
2
2
1,050
Recently Sold
0.01
$725,000
3
2
1,975
For Sale
0.02
$433,000
2
2
1,050
Recently Sold
0.02
$475,000
2
2
1,050
Recently Sold

Local Information

  • Map ViewExplore the area around 7205 Thomas Dr #E304.
  • Schools1 Preschool School2 Elementary Schools1 Middle School2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Condo
Built in 1985
1,289 sqft
$341/sqft

About this House

Dunes of Panama E304 - Great opportunity to own this updated and perfectly situated deluxe 2bed/2bath, 1,289sq.ft. Gulf front condo! The Gulf front balcony spans the width of the condo with perfect Gulf front views from the kitchen, living room, master bedroom, and the balcony also overlooks one of three pools! Watch endless sunsets from this much sought after lower-level floor condo that renters desire! 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. A/C 2015, Water Heater 2018, Appliances 2018, W/D 2020, Microwave 2025. Has been a non-rental and part time home of the owner so there is no rental history. It would easily be a turnkey rental and similar units generate over $45K annually. All dimensions and information herein are deemed reliable but should be verified by buyer.
7205 Thomas Dr #E304, Panama City, FL 32408 is a 2 bedroom, 2 bathroom, 1,289 sqft condo in Lower Grand Lagoon, built in 1985. It last sold for $440,000 on Jun 29, 2026 (7% below the $475,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $437,600, with a rent estimate of $2,544/month.
Last check for updates: about 7 hours ago
Listed by Edgar W Barnette, (704) 507-4102
Bright Realty Solutions
Colleen C Barnette, (704) 650-5878
Bright Realty Solutions
Bought with: Colleen C Barnette, (704) 650-5878, Bright Realty Solutions
Co-Buyer's Agent: Edgar W Barnette, (704) 507-4102, Bright Realty Solutions
Originating MLS: Central Panhandle Association of REALTORS
Source: CPAR, MLS#790657

Home Details for 7205 Thomas Dr #E304

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Master Bedroom, Bedroom, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Appliances & Utilities
Utilities: Electricity Available, High Speed Internet AvailableAppliances: Electric Range, Electric Water Heater
Heating & Cooling
Heating: Central,ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s)Has HeatingHeating Fuel: Central
Gas & Electric
Has Electric on Property
Levels, Entrance, & Accessibility
Stories: 20Number of Stories: 20Accessibility: Accessible Entrance
View
Has a ViewView: Gulf, Water
Security
Security: Firewall(s), Security Gate, Gated with Guard, Gated Community, 24 Hour Security, Security Guard, Fire Alarm, Smoke Detector(s), Security Service

Exterior Features

Exterior Home Features
Patio / Porch: Balcony
Parking & Garage
No GarageNo Attached GarageParking: Additional Parking,Parking Lot
Pool
Pool: Electric Heat, In Ground, Community
Frontage
WaterfrontWaterfront: Gulf, Shoreline - SandRoad Frontage: City StreetResponsible for Road Maintenance: Public Maintained RoadOn Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 965

Property Information

Year Built
Year Built: 1985
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumArchitecture: High Rise
Building
Construction Materials: Concrete, StuccoNot a New ConstructionAttached To Another Structure
Property Information
Parcel Number: 30840760000

Price & Status

Price
List Price: $475,000Price Per Sqft: $341/sqft
Status Change & Dates
Off Market Date: Tue Jun 16 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: Panama City BeachCommunity: Dunes Of Panama Phase V
School Information
Elementary School: PatronisJr High / Middle School: SurfsideHigh School: Arnold

Building

Building Area
Building Area: 1289 Square Feet
Community rooms
Fitness Center

Community

Community Features: Barbecue, Beach, Clubhouse, Conference/Meeting Room, Elevator, Fitness Center, Park, Pool, Tennis Court(s), Waterfront, Community Pool, Gated, Short Term Rental AllowedNot Senior Community

HOA

Association for this Listing: Central Panhandle Association of REALTORSHas an HOA

Listing Info

Special Conditions: Listed As-Is

Rental Terms, Policies & Fees

Are Units Furnished: All Units

Miscellaneous

Mls Number: 790657Living Area Range Units: Square FeetWater ViewWater View: Gulf, WaterAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-12005-N-30840760000-R-N

Additional Information

HOA Amenities: Beach Rights,Gated,Barbecue,Picnic Area

Price and Tax history

DateEventPrice
Jun 29, 2026
Source: CPAR #790657
Sold
$440,000
Jun 17, 2026
Source: CPAR #790657
Pending
$475,000
Jun 1, 2026
Source: CPAR #790657
PriceChange
$475,000
Price decreased by 1%
Mar 21, 2026
Source: CPAR #748282
PriceChange
$479,000
Price decreased by 4%
Nov 20, 2025
Source: CPAR #748282
PriceChange
$499,000
Price decreased by 5%

Market trends in Lower Grand Lagoon

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$458K
$18.33K
MoM
Sale-to-List Price
โ€”
Price per sq ft
$405
$13
MoM
Available listings
309
7
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lower Grand Lagoon

At least 53 Trulia users voted on each feature.
  • 90 % Say it's dog friendly

  • 87 % Say car is needed

  • 77 % Say parking is easy

  • 74 % Say it's walkable to restaurants

  • 74 % Say people would walk alone at night

  • 73 % Say yards are well-kept

  • 71 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 61 % Say kids play outside

  • 60 % Say they plan to stay for at least 5 years

  • 52 % Say neighbors are friendly

  • 47 % Say streets are well-lit

  • 46 % Say there are sidewalks

  • 38 % Say it's walkable to grocery stores

  • 32 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Lived in the neighborhood for 40 years short-term rentals have been the downfall to our community . And to think a realtor would advertise for up to 14 people is outrageous. All for a out-of-state buyer to start renting or a local person who doesn't live in it. Just a good way to ruin a good neighborhood. Now on the other hand, it would be a great house for family of three or four, but it doesn't really matter what we think. "
  • Trulia User
    "Average. 15-20 minutes to mall on days without traffic. On days with heavy traffic it can take up to any hour to get to the mall"
  • Trulia User
    "Weโ€™ve lived here for over 23 years and love the area. Easy access to the beach, shopping and schools. Walking distance to the beach or public parking within half mile. "
  • Trulia User
    "Embarcadero is a long-standing quaint community of long term residents in the process of voting out Short term rentals to continue the community of quite neighbors. Be sure to inquire about notice given as to this process in the works. "
  • Trulia User
    "people with dogs are very friendly and the dogs are friendly ... less traffic back on south lagoon plus speed bumps make it a great place to walk "
  • Trulia User
    "Iโ€™ve lived in this neighborhood since 2017 and love it. I feel safe and like all my neighbors. Itโ€™s also close to beach access and popular areas so that is a plus. "
  • Trulia User
    "they walk all around everywhere is dog friendly more then they kid/adult friendly lol.... they are clean owners and most places have doggy pick up bags "
  • Douglas W. B.
    "Amazing spot to live in. Close to beach, shopping and you have a sense of community in this location."
  • Georgedanieljr
    "Great location easy drive to anywhere, located on the east end of the beach, more families and quite. "
  • Izzy I.
    "fireworks .. friendly neighborhood.. short walk to gulf . short walk to restaurants.. shirt drive to Publix Winn Dixie Walmart and other shopping"
  • Jill S.
    "Not a good place to walk dogs owners do not like animals on their property as your dog walks and uses bathroom even when u pick up after them."
  • Derrick A.
    "people are always walking dogs and very pet friendly would love to live here 100 times over !!!!!!!!!!!!!"
  • Jill S.
    "We get together 4th July on the beach and shoot fireworks. Itโ€™s such a special moment because everyone is on the beach enjoying each otherโ€™s fireworks. We can also see the cityโ€™s fireworks at pier park from where we live."
  • Trudelln
    "Itโ€™s by the beach! No HOAs and great neighbors..........................................................."
  • Steven H.
    "Panama city beach is really fun and has plenty of warm and friendly people. This neighborhood is especially amicable. "
  • Izzy I.
    "lots of friendly neighbors with dogs .... nice places to walk your dogs.... lots of squirrels for dogs to admire . haha "
  • Aaron C.
    "quiet neighborhood, close to beach. not a great yard as it's mostly sand and has sand spurs. usually not much traffic in the area "
  • Amber M.
    "Beautiful homes, friendly neighborhood. Easy access to food and entertainment on our beautiful beaches. "
  • Milesandbella
    "Although I work in town, I love living at the beach!! It is well worth the 25 minute commute. My neighbors are friendly and watch out for me. There are however some in my neighborhood that have very messy unkept yards which I do not like. That is probably the only negative thing that I can say. I have met good people and enjoy everyday I am here!"
  • Mike Hurcon
    "Wasnโ€™t hit that bad by the hurricane, but the area has gotten much more dense with out of town workers that most likely do not have the best criminal history. Be mindful until residences in town become livable and the population is dispersed. "
  • Brett L.
    "Neighborhood is nice. Neighbors are friendly. Area is peaceful and there is easy public access to the beach close by. "
  • Eddie
    "Commute to Panama City can be tedious, especially going over bridge as it can back up for miles. Count on traffic during the work days and over the summer"
  • Azpcgal05
    "Living on the beach is great but you will have to watch small children more closely as they will be drawn to the sounds of the waves. On the plus side, they will truly sleep like a baby listening to the waves at night."
  • Garyrkaye
    "Wonderful place to live with one exception: "Dog friendly" with horrible dog "guardians" who will smile at you as their dog leaves presents on your driveway, near your mailbox, or right in the middle of your yard while carrying a plastic bag they never use. Some residents actually have signs in their yard to be "responsible" & pick up after your pet and they will cross the street and do otherwise on their neighbor's yard. Confrontation is pointless with such self centered people; they become militant; you can't fix stupid."
  • Rebecca P.
    "This area seems to have friendly people here, people that I can feel safe around. This neighborhood is pretty friendly and I wish I could buy in this neighborhood in the future. "

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumersโ€™ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

Frequently asked questions about 7205 Thomas Dr #E304

  • What is 7205 Thomas Dr #E304 estimated to be worth?
    Trulia's estimated value for 7205 Thomas Dr #E304 in Panama City, FL is $437,600.
  • What is the price history for 7205 Thomas Dr #E304?
    7205 Thomas Dr #E304 in Panama City, FL last sold for $440,000 in June 2026.
  • Is Panama City a buyer's or seller's market?
    Panama City is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Panama City?
    The median sale price in Panama City is $458K. That is down $18.33K from the prior month.
  • Does 7205 Thomas Dr #E304 have air conditioning?
    Yes, 7205 Thomas Dr #E304 in Panama City, FL has air conditioning.
  • Does 7205 Thomas Dr #E304 have a pool?
    Yes, 7205 Thomas Dr #E304 in Panama City, FL has a pool.

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