Dunes Of Panama Phase V Condos for Sale

Dunes Of Panama Phase V Condos for Sale

Welcome to Dunes of Panama Phase V, a picturesque paradise nestled along the stunning shores of Panama City Beach, Florida. This vibrant subdivision offers a unique blend of coastal living and modern comforts, making it the perfect retreat for both vacationers and year-round residents alike.

Dunes of Panama Phase V stands out for its beautifully designed condos, each offering breathtaking views of the Gulf of Mexico. Imagine waking up to the sound of gentle waves and the sight of golden sunrises right from your balcony! These condos are not just homes; they are gateways to a lifestyle filled with sun, sand, and serenity.

The community boasts an array of amenities that enhance your living experience. Take a dip in the sparkling swimming pools, unwind in the hot tubs, or stroll through the lush, landscaped grounds. The private beach access allows residents to enjoy the pristine shoreline without the crowds, making it an ideal spot for sunbathing, beachcombing, or enjoying water sports.

For those seeking condos for sale in this enchanting subdivision, you’re in luck! Dunes of Panama Phase V features a variety of units that cater to diverse tastes and budgets. Whether you’re looking for a cozy one-bedroom or a spacious three-bedroom condo, you’ll find options that fit your needs.

With its prime location in Bay County, you’re just moments away from local attractions, dining, and entertainment. Experience the best of beach life while enjoying the comforts of home in Dunes of Panama Phase V—where every day feels like a vacation!

Newest Dunes Of Panama Phase V Condos for Sale

$749,000
3 Beds ⋅ 2 Baths ⋅ 793255 MLS
Gorgeous 3 Bedroom, 2 Bath Condo at the Dunes of Panama. This has been the owner's primary residence and not a rental, but it can easily be made into a rental unit. It features wood grain tile flooring throughout that continues onto the balcony and granite countertops in the kitchen and bathrooms. Stone tile shower in the master ensuite with jets and rain shower head with a corner floating triangle foot shelf. Matching stone tile shower/tub combo in the second bathroom. Ceilings and walls are textured to match. The Dunes of Panama Resort has 1,500 linear feet of sugar white sand, 3 gulf front pools (one heated), four pickle ball courts, one tennis court, hi-speed WI-FI with DirecTV Streaming, fitness room, shuffleboard, outdoor BBQ grills, Stingray's restaurant and gift shop and the Sneaky Tiki poolside. Monthly HOA fees include all of the above features and all utilities except for electric. Owner is responsible for electric bill, interior insurance and condo property taxes. All Milestone report repairs were completed in spring 2024 and all assessments have been paid! All dimensions and information herein are deemed reliable but should be verified by buyer.

7205 Thomas Drive Unit E1701, Panama City Beach

Listing courtesy of Bright Realty Solutions.

$833,000
3 Beds ⋅ 3 Baths ⋅ 789996 MLS
Experience Gulf-front living at Unit E206 at Dunes of Panama, a fully furnished and turnkey condo perfectly positioned on the white sands of Panama City Beach. This beautifully maintained unit offers spacious living areas, a private balcony, and strong vacation rental potential, making it ideal as a primary residence, second home, or income-producing investment. The property is being sold fully turnkey with established rental management already in place for a seamless transition for the next owner. An added bonus is the inclusion of a separate deeded garage space with the purchase -- a rare and highly desirable feature in Panama City Beach. Residents and guests enjoy resort-style amenities including beachfront pools, tennis courts, fitness facilities, on-site dining, and direct beach access, all conveniently located near shopping, restaurants, and local attractions..

7205 Thomas Drive Unit E206, Panama City

Listing courtesy of EXP Realty LLC.

$475,000
2 Beds ⋅ 2 Baths ⋅ 789765 MLS
Dunes of Panama E704 - Million dollar views from this perfectly situated 2 bed/2bath, 1,289sq.ft. gulf front condo! 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, mid-level floor condo. Relax, unwind and enjoy your beautiful piece of paradise! Also comes with a deeded parking space worth over $15,000 in the gated and secured parking garage with covered access to the entrance of 'E' building. Great rental potential or live in your own piece of paradise. 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 has been recently replaced and Water Heater is 2023. NOTE: The second bedroom suite, recliner, coffee table, a few small kitchen items and the balcony furniture do not convey. Has been a non-rental and part time home of the owner so there is no rental history. Similar units generate around $45-$60K annually and can be more. All dimensions and information herein are deemed reliable but should be verified by buyer.

7205 Thomas Drive Unit E704, Panama City Beach

Listing courtesy of Bright Realty Solutions.

$545,000
2 Beds ⋅ 2 Baths ⋅ 789096 MLS
'Gulf Front'' Beautiful Large Deluxe 2BR 2BA 1286 sq. ft. fully furnished condominium added bonus comes Garage Space. Tile flooring throughout and bedrooms have carpet. Fully equipped Kitchen w/breakfast bar. Wonderful Gulf Front views from large balcony, you can see the beach and 1 of 3 pools, great for *Relaxation*. Condo has updated cabinets, counters, closet doors, freshly painted including retextured ceilings, new shower in Master Bedroom, sliding doors and windows just to mention a few. Rental ready for investment or great second home. Dunes of Panama has 3 pools, clubhouse, tennis, pickleball, shuffleboard, fitness room, Snack shop and a place to grill. All dimensions are approx.

7205 Thomas Drive Unit E904, Panama City Beach

Listing courtesy of Berkshire Hathaway HomeServices Beach Properties of Florida.

$889,000
3 Beds ⋅ 2 Baths ⋅ 788642 MLS
Dunes of Panama E601 stands out from the rest! Gorgeous and beautifully updated 1,975sq.ft. Gulf front condo with 3 bedrooms and 2 bathrooms, plus an oversized wraparound balcony and an additional private balcony for the 3rd bedroom! Great rental property currently on the Dunes of Panama rental program or live in your own piece of paradise. Fabulous million-dollar gulf front views from all three bedrooms, living area and kitchen! Beautifully tiled showers, wood look LVP flooring throughout, large kitchen with custom countertops, tiled backsplash, and white appliances. 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. *Appliances and AC 2018, new UV Light in AC system fall 2023, new dishwasher 2024, new dryer in 2025.

7205 Thomas Drive Unit E601, Panama City Beach

Listing courtesy of Bright Realty Solutions.

$684,000
3 Beds ⋅ 2 Baths ⋅ 788474 MLS
Under $350 per foot for a gulf front unit! Rare Corner Unit with HUGE 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 Floor-to-ceiling glass sliders that open to balconies from all three gulf-front bedrooms, 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.

7205 Thomas Drive Unit 1206, Panama City Beach

Listing courtesy of Blue Bird Woliver Realty.

$499,000
2 Beds ⋅ 2 Baths ⋅ 788278 MLS
Dunes of Panama 2 bedroom with large balcony. Located on the 15th floor this unit has outstanding views from the living room and primary bedroom. The oversized floor plan has plenty of storage and new slider doors to to view the gulf. Short term rentals are allowed and being sold furnished rental ready.

7205 Thomas Drive Unit 1504, Panama City

Listing courtesy of Counts Real Estate Group Inc.

$550,000
2 Beds ⋅ 2 Baths ⋅ 787727 MLS
GULF FRONT, FULLY UPDATED, FURNISHED, RENTAL READY, HUGE BALCONY! Beautifully updated and meticulously maintained 2BR/2BA condo at the Dunes of Panama Resort, offering 1,289 sq ft with stunning Gulf views from the living area and master suite, plus breathtaking sunsets from your oversized private balcony. Features include a remodeled kitchen and bathrooms (updated just a couple years ago), along with a gorgeous tiled master shower. The split-bedroom layout offers privacy with ample storage. Sold fully furnished (excluding balcony furniture) and ready to generate income or enjoy as a second home or full-time residence. Resort amenities include 1,500 feet of sugar-white beachfront, 3 Gulf-front pools (one heated), tennis & pickle ball courts, basketball, fitness center, shuffleboard, volleyball, BBQ grills, Stingray's restaurant, and the Sneaky Tiki. Beach life looks good on you--don't miss this one!

7205 Thomas Drive Unit E1904, Panama City

Listing courtesy of Innerscope Realty LLC.

$749,000
3 Beds ⋅ 2 Baths ⋅ 783877 MLS
Dunes of Panama 3 bedroom condos are exceptional investment properties. 3 bedroom condos in the E building produce $75,000 - $80,000 gross annual income. Never miss a sunset from this exceptional 3-bedroom, 2-bath end-unit condo, where balcony access from every room creates a seamless connection to coastal breezes and breathtaking Gulf views. Thoughtfully updated, this residence features tile flooring, granite countertops, crown molding, king-sized bedrooms, walk-in closets, and full-size laundry, offering both comfort and refined coastal style. A garage parking space adds rare convenience and value. Dunes of Panama is a truly one-of-a-kind beachfront community, celebrated for its expansive green spaces, resort-style atmosphere, and prime location adjacent to Rick Seltzer Park. Residents enjoy an impressive suite of amenities including three pools, pickleball, tennis, shuffleboard, fitness center, and on-site snack shop. Perfect as a primary residence, second home, or high-performing rental investment, this stunning condo delivers the ultimate beachfront lifestyle. A must-see opportunity with so much to offer. Buyer to verify all information deemed important. This comes with 1 garage space.

7205 Thomas Drive Unit E706, Panama City

Listing courtesy of Keller Williams Realty Emerald.

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